Nghc Financial Controller

6 days ago


المملكة العربية السعودية, Saudi Arabia Air Products Full time

**Job Description and Qualifications**

**COMPANY PROFILE**
NEOM Green Hydrogen Company Limited (NGHC) aims to be a world-scale energy player of green hydrogen. Expected to complete in 2026, it will produce 1,250 thousand mtpa of liquid ammonia using solar and wind energy sources to deliver green hydrogen. The company is an investment joint venture among NEOM, Air Products and ACWA Power.
- NEOM is the largest of the Kingdom’s Vision 2030 gigaprojects with more than $400bn of expected investments and has ambitions to become the world’s largest producer and exporter of green hydrogen. It is is wholly owned by the Public Investment Fund (PIF) of Saudi Arabia.
- Air Products is a world-leading industrial gases company which develops, engineer, build, own and operate many of the world's largest industrial gas projects. It has over 80 years of experience and is a leader in providing turnkey gasification solutions, bringing megaproject expertise and delivering world-class operations for its customers.
- ACWA Power is at the forefront of the energy transition, reaching ca. 7,000 MW of contracted renewable capacity and is the largest power and water developer in the GCC region. It is majority owned by Public Investment Fund (PIF) of Saudi Arabia.***
To lead the Financial Controller function in NGHC’s Finance Department. To ensure appropriate mechanisms for NGHC’s accounting operations in line with adopted accounting standards, adequate set of controls, accurate financial reporting and a comprehensive set of policies and procedures to guide daily operations as per best industry practices.**KEY RESPONSIBILITIES**
The primary responsibilities are as follows:
**Accounting and Reporting**
- Lead all aspects of accounting operations to ensure finance and accounting activities are performed in accordance with all applicable rules, regulations, agreements, and commitments and are fully compliant with the applicable International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) as practiced in Saudi Arabia.
- Ensure preparation of periodical financial statements and required shareholders’ group reporting on NGHC's financial performance, liquidity and profitability on timely basis.
- Manage the accounting and reporting of construction period capital expenditure followed up by capitalization and business operations with special emphasis on appropriate internal controls, accounting, disclosures and record keeping of assets and inventory registers as per best practices and financial reporting framework.
- Prepare, coordinate and cooperate with finance and other team members including shareholders representatives when required, as well as work in tandem with leadership team and senior management in preparation of business analytics, financial reports,financial planning, budgeting and forecasting and relevant comparisons on regular basis.
- Coordinate required financial and other information to ensure timely reporting to lenders as and when required.

**Compliances & Controls**
- Prepare when required, maintain and get implementation of approved financial policies, procedures, processes, frameworks and internal controls covering all financial areas of activity to ensure compliance.
- Establish a strong internal control environment to achieve effectiveness and efficiency of operations, reliability of financial reporting and compliance with all applicable laws.
- Ensure all financial activities are carried out in compliance with best practices within the ambit of commercial and business procedures, controls and policies.
- Ensure compliance with financial and other related business convenants under project finance, corporate agreements, and busiess agreements. In this regard coordinate with other departments including, legal, project management and operations.
- Monitor, control and analyse the expenditures in coordination with concerned internal departments to facilitate the business operations and achieve a satisfactory level of financial performance.
- Supervise as well as manage accurate endorsement and approvals of all invoice payment authorisations, payment vouchers, bank payment instructions and other financial documentation for the company in order to facilitate timely processing of payments as per defined policies & procedures.
- Coordinate with zakat and tax team and tax advisors to ensure timely filing of zakat and tax returns (including direct and indirect taxes as applicable) and proper reporting and disclosure in the financial statements. Also actively coordinate with shareholders’ tax teams for similar requirements on regular basis. Oversee preparation of periodical tax filings.

**Coordination & Resource Optimization**
- Direct and resolve critical finance and accounting issues with the customer, shareholders, affiliates, auditors and within internal departments.
- Provide financial analysis and business advice to the commercial and project management department on



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