Associate Director of Finance

Our client are a leading global Med Tech company, headquartered in the United States. They are a multi-billion dollar, global Med Tech company specialising in orthopaedic implants, robotics and surgical technologies, with operations in over 100 countries and a strong reputation worldwide for innovation and patient care.

Act as the finance business partner to the General Manager to co-pilot the business in the Kingdom of Saudi Arabia; responsible for the overall financial health, strategy, and reporting integrity of the Country. This includes, and not limits to, budgeting, financial reporting, risk management, internal controls, statutory management reporting. The role lays within a matrix organization setup.

• Play a leading role in the management of the Saudi entity & the relationship with key stakeholders, including the shareholder representatives
• Advise on financial areas to accomplish strategic goals
• Play a leading role in the Board Governance procedures
• As team leader, implement HR procedures to motivate, develop, train and retain employees to achieve corporate strategy.
• Develop and execute the yearly financial strategy aligned with business goals
• Prepare annual budgets, forecasts, and long-term financial plans by collecting information, verifying it and submitting them in Hyperion to monitor economic strategies
• Monitor economic parameters to control and correct deviations from the financial strategy
• Provide essential financial analysis to support business growth decision making (e.g. pricing,
• Model scenarios and prepare business cases

• Oversee preparation of monthly, quarterly, and annual financial statements
• Present financial reports and KPIs to the board/executive team, initiating actions
• Manage cash flow, working capital, and treasury functions; responsible for credit and cash collection to minimize customers’ debt and improve cash flow

• Ensure compliance with tax regulations, accounting standards, SOX, and local laws
• Manage relationships with external auditors, tax advisors, and regulatory bodies; supervise corporate tax-related requisites to verify accuracy of data & compliance with regulation
• Maintain internal controls and fraud prevention systems
• Monitor compliance with internal financial procedures; design Internal Financial Procedures; supervise administrative procedures to comply with corporate guidelines

• Executive communication skills for board and stakeholders’ interactions
• Excellent analytical, negotiation and decision-making skills
• Autonomy and Initiative
• Stress Tolerance
• Planning and organizing

• Minimum 8 years in a similar managerial Finance position, preferably in a complex multinational organization
• Bachelor’s degree in business administration, Finance, Economics and/or related degree from a reputable university; master’s in business administration can be a plus
• Knowledge of US GAAP;
  Professional accounting certification (CPA) or equivalent
• Proficiency in accounting software and ERP systems (SAP; Hyperion)
• Experience in the healthcare industry a plus
• Proven experience managing time to meet deadlines and corporate reporting schedules
• Fluency in English and Arabic with an ability to communicate both orally and in written form with a clear and concise manner