Senior Finance Manager - Shared Services Center
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Job Description
ENGIE - KSA
ENGIEis global leading energy company that develops its businesses Power Natural Gas Energy Services around a model based on responsible growth to take on the challenges of the transition to a low-carbon economy: security of supply the rational use of resources access to sustainable energy and climate change. The Group provides governments communities cities and businesses with efficient and innovative solutions based on its expertise in four key sectors: independent power development renewable energy liquefied natural gas and energy efficiency services
ENGIE is a global leader in low-carbon energy and services headquartered in Paris. The Group operates across power generation natural gas water desalination and energy efficiency with strong positions in renewables LNG and sustainable infrastructure. ENGIE partners with governments businesses and communities to accelerate the transition to a carbon-neutral future
In 2023 ENGIE established its Regional Headquarters (RHQ) in Riyadh strengthening its strategic presence in the Middle East. The RHQ drives ENGIEs regional growth and supports large-scale projects across the energy value chain
Why Riyadh
- As one of the Middle Easts fastest-growing capitals Riyadh offers a unique blend of opportunity and quality of life:
- Modern housing and a high standard of living
- International schools with American British French and IB curricula
- A vibrant lifestyle with global dining entertainment and retail
- Strong infrastructure and a welcoming expat community
- Join ENGIE in Riyadh where innovation purpose and opportunity come together in the heart of the region.
Purpose of the Job
The shared service center (SSC) of the finance function is being set up to provide services including accounting reporting compliance etc. to O&M companies (the Companies) owned by ENGIE in the Kingdom of Saudi Arabia (KSA). The SSC may potentially expand to cover new power and water desalination projects in the future to achieve synergies
The Senior Finance Managerwill be accountable and responsible for: leading the finance function of the Companies; to manage all financial activities and transactions of the Companies in terms of the accounting reporting compliance auditing etc.; to actively liaise with shareholder team to meet their financial management and reporting requirements; to develop and improve the performance of staff within the finance function of the SSC
Key Accountabilities
Financial Management
- Prepare the policies and procedures to ensure efficient operation of the finance function with high standards of internal control monitor and enforce compliance.
- Ensure the ERP is implemented to its maximum potential in order to automate the business processes to improve efficiency and effective internal controls.
- Prepare the budget and medium-term plan in conjunction to the management team monitor the financial performance by benchmarking with the investment base case and the budget.
- Lead the performance plan with the management team including a specific medium-term action plan to improve KPIs and KFIs.
- Manage relevant statutory reporting obligations including the annual financial audit interface with the auditor etc.
- Ensure efficient management of cash and working capital to maximize value for shareholder.
- Detect monitor and report opportunities and financial risks / threats to the business secure the former manage / mitigate the latter.
- Fulfill all financial reporting requirements for the management the Board and the shareholder
- Ensure implementation of the best practices in terms of corporate governance / internal controls in compliance with local regulations and with ENGIE practices (INCOME framework)
- Support / undertake the role of Company Secretary with the help of local counsel. Prepare the financial information to be presented for the Board and shareholder meetings.
- Ensure compliance with the policies regulations and financial obligations under the OMAs.
- Ensure compliance with the tax regulations including accurate and timely filing of the various returns (annual WHT VAT etc.)
- Establish synergies between the Companies and other ENGIE entities where possible respecting contractual agreements and confidentiality.
Leadership and Team Management
- Lead the SSC finance function; provide expertise drive and support to the finance team; develop team members to improve their performance and develop their careers where appropriate.
- Develop and maintain team consciousness with staff and management.
- Provide technical and managerial leadership to the Companies in general in conjunction with the management team.
- Promote an ethical business culture with a focus on excellence and continuous improvement.
- Maintain coordination with the CFOs of the project companies the management team and other support functions of the Companies.
Qualifications
MBA and/or CPA/Qualified Chartered Accountant.
Experience
Solid experience of management of the finance department and good notion of tax laws
Manage closing and the full P&L / Balance sheet accounting
Manage auditors for financial statements audit
Prepare budget (not supervise or coordinate)
Knowledge and Skills
- Ability to manage tight deadlines and punctual heavy workload.
- Strong interpersonal skills excellent communication presentation and reporting capability.
- Self-directing ability to coordinate and direct others.
- Ability to work efficiently in a broad cultural spectrum
Language
Fluency in spoken and written English is mandatory.
Knowledge of Arabic is a plus.
Required Experience:
Manager
Employment Type
Full-Time
