Deputy Cfo

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia SAP Full time

We help the world run better

  • Deputy CFO of Saudi, Kuwait and Bahrain role reports to the Middle East and Africa (MEA) North cluster CFO and support actively all key finance processes and sales operations of the legal entities active in these territories._
  • Key responsibilities include:_
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Acting as a trusted business partner to the Local Managing Director(s) and leadership team members on all key and strategic finance related topics.

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Working closely with other finance related functions member of GFA Board area (Corporate Financial Reporting, Controlling, Tax, treasury, Office of Ethics and Compliance, Cash Collection) and with Global Finance Shared Services (GFSS) to drive viability of the organization.

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Supporting the global finance strategy implementation as local finance representative_
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Taking part to customer facing negotiations when requested during pre and post sales cycle to facilitate deal closures and customer disputes settlement.

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- _ Proactively and innovatively driving business solutions to specific market related challenges including key government policies that will impact the business._
- _ Support Account Receivables in on complex collection cases activities and manage cash collections escalations. Evaluate deals for concessions and carve out risks in line with EHF policies. Support with evaluation of customer payment assessment._
- _Participating in Forecast Calls with aim of ensuring the deals forecasted do not have unexpected issues linked to Financial matters_
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Supporting the Local Tax Manager on tax related matters as may be requested from time to time._
- _Optimize the operating costs of the Market Unit by:_
- _Controlling the spending on certain cost items and alerting the relative colleagues with their budget and year to ay spending. _
- _Deciding on the Internal Order Requests_
- _Assessing the major supplier process and sharing view with Global Procurement Team._
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Periodically in collaboration with Controlling team, review and provide P&L analysis to the country leadership and provide advisory._
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Review the balance sheet and P&L accounts with local Chief Accountant_
- _ _Supporting local statutory and tax audits in close collaboration with the Global Finance roles in charge (Local Chief Accountant
  • LCA and Local Tax Manager
  • LTM ).
_
- _ Working closely with Legal department on all regulatory topics of the local entity._
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Support budgeting process by evaluating budget requests and prioritization thereof._
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Manage bank relationship including managing the company corporate card program_ _and the validity of bank facilities_
- _Address ad-hoc/urgent payment requests_
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Develop and deepen key business relationship with external customers._
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Act as finance representative in key meetings both internal/external as required._
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Any ad-hoc requests/duties assigned by the line manager._
- _8+ years work experience in a Senior Finance role, with significant experience gained in a CFO/ Senior Finance Director role having full finance responsiblity over a country or business unit_
- _ Deep _understanding of commercial contracts and proven experience in providing customer facing business solutions._
- _ Business Partnership Experience with C Level Executives_
- _ Experience to deal with regulatory authorities._
- _ Excellent communication skills_
- _ Experience in multinational companies, preferably in ICT industry_
- _ Arab and English fluent knowledge_
- _ Degree in Finance, Economics or business-related course and/or qualified accounting qualifications._
- _ Saudi National_

We build breakthroughs together

We win with inclusion


SAP's culture of inclusion, focus on health and well-being, and flexible working models help ensure that everyone - regardless of background - feels included and can run at their best.

At SAP, we believe we are made stronger by the unique capabilities and qualities that each person brings to our company, and we invest in our employees to inspire confidence and help everyone realize their full potential.

We ultimately believe in unleashing all talent and creating a better and more equitable world.

EOE AA M/F/Vet/Disability:


Qualified applicants will receive consideration for employment without regard to their age, race, religion, national origin, ethnicity, age, gender (including pregnancy, childbirth, et al), sexual orientation, gender identity or expression, protected veteran status, or disability.


Requisition ID:
|

Work Area:
Finance |
Expected Travel: 0 - 10% |

Career Status:
Professional |

Employment Type:
Regular Full Time |

Additional Locations:
#LI-Hybrid.
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