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| Company: |
LBH Consultants |
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| Job Title: |
Financial Controller |
| Job category: |
Construction |
| Job Location: |
Riyadh - Saudi Arabia |
| Job Reference Number: |
ES - FCON |
| Job Description: |
Responsible for directing, coordinating, maintaining, and controlling an accounting system that properly reflects the financial position of the Company. Monitors Department policies and procedures and recommends improvements, consults with the Senior Management team, participates in establishing and implementing major goals and objectives, and serves as a resource in all aspects of accounting. Ensures accurate internal and external recording and reporting of financial transaction. Oversees budgeting, general ledge, accounts payable and receivable, payroll, fixed asset management, etc. Ensures that accounting activities are in accordance with established legal, regulatory, and Company procedures Assigns, directs, and appraises accounting staff.
- Assists Senior Management in developing short and long term goals and objectives for the Accounting Department.
- Ensures that accounting plans, goals, and policies are consistent with established Company-wide goals.
- Ensures that policies are in accordance with evolving regulations, legal requirements, and industry trends.
- Supervises the development and implementation of financial information and control systems, including general ledger, budgeting, job costing, cost allocation, and other subsystems.
- Oversees the preparation of daily, monthly, annual, and other periodic financial statements and reports including job costing report (s). Ensures that external document submissions and filings are accurate and timely.
- Coordinates tax reporting requirements.Works with external accountants to file federal, state, payroll, and personal tax returns. Oversees the preparation and filing of payroll taxes, and tracks and reports fringe benefit tax data (relocation expense reimbursements, use of Company vehicles, etc.
- Prepares and monitors the Accounting Department budget and business plan.
- Coordinates the annual audit. Ensures that accounting records and reports are in compliance with GAAP and government regulations. Cooperates with and assists external auditors as appropriate.
- Oversees the projects preparation and control of capital and operational budgets.
- Completes reports and analyses of departmental and area operations as requested by Senior Management. Conducts cost analysis, ratio and trend analysis, and other comparative examinations as appropriate.
- Ensures effective financial internal controls for the Department and the Company. Continuallly evaluates established policies and procedures, and updates or modifies them as necessary. Documents and creates flowcharts to organize Department processes.
- Coordinates accounting information systems which track specific operational and financial data. Works to implement and update systems including HR/payroll, fixed asset management, expense management, cash management, etc.
- Advises department managers regarding accounting entries, reports, and comparative analyses
- Coordinates accounting functions with other departments. Interfaces with the IT Department in the development and implementation of efficient systems consistent with new software applications.
- Ensures the timely completion of reports, records, and other documentation.
- Ensures that all employees are well informed of accounting policies, procedures, and regulations. Facilitates consistency at all levels of accounting operations.
- Serves as a liaison between the Company and external auditors and regulatory authorities.
- Ensures that the Company’s professional reputation is maintained. Ensures appropriate levels of confidentiality regarding Company operations.
- Provides leadership to accounting personnel through effective objective setting, delegation, and communication. Conducts meetings to ensure that personnel are well informed of changes in programs, policies, and procedures.
Job Title Job Code:
Financial Controller
Duties and Responsibilities
- Oversees hiring and succession planning for the Department. Assesses staffing requirements and fills open positions with qualified candidates.
- Trains, directs, and coordinates personnel. Ensures that training and development needs are met and provides assistance and support as needed.
- Conducts performance appraisals as assigned. Provides measurable feedback to accounting staff and suggestions for improved performance. Formulates and implements employee corrective actions as needed.
- Ensures that work area is clean, secure, and well maintained.
- Stays informed of trends and changes in the accounting and finance fields.
- Completes special accounting projects as assigned.
- Financial and accounting statements, records, and reports are accurate and timely. Management is provided with useful and informative reports and data. The company’s financial position is accurately conveyed.
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Skills Required:: |
Educational Level
Minimum Bachelor’s and Master’s degree in accounting, business, or a related field
Preferred CPA preferred
Experience
Minimum Five or more years of high level construction related accounting experience
Preferred Three or more years of supervisory experience.
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Language Requirements: |
English-Very Good |
| Employment Type: |
Full Time |
| Yearly Salary: |
Unspecified |
| Posting Date: |
2009-06-22 |
| Level of Education: |
Bachelor |
| Years of Work Experience: |
5 to 7 Years |
| Company: |
LBH Consultants |
| Contact Name: |
LBH Consultants |
| Contact Phone: |
01642 793461 |
| Preferred Method of Contact: |
No Preference |
| Preferred Language of Resume/Application: |
English |
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