Operational Controller

7 months ago

Riyadh, Saudi Arabia GE Healthcare Full time

**Job Description Summary**: Operational Controller (Saudi Arabia) will be accountability for functional, business, and broad company objectives. In this role the person will integrate and develop processes that meet business needs across the organization, manage complex issues within functional area of expertise, and be involved in long-term planning.

GE Healthcare is a leading global medical technology and digital solutions innovator. Our mission is to improve lives in the moments that matter. Unlock your ambition, turn ideas into world-changing realities, and join an organization where every voice makes a difference, and every difference builds a healthier world.

**Key Responsibilities**:

- Ensuring integrity of the general ledger.
- Ensuring account reconciliation, managing inter-company balance reconciliation & quality metrics of quarter close process.
- Ensuring 100% accounts are reconciled and well supported by the backups.
- Serving as the key audit contact for Internal/external auditors and drive closure of open audit issues.
- Serving the key contact for compiling and filing documentation with Tax authorities.
- Oversee AP and withholding tax compliances.
- Advising business leaders regarding complex financial accounting and reporting issues and transaction structuring.
- Being the compliance focal point for accounting issues.
- Maintaining accounting, financial reporting, financial control, and information systems to ensure adequate records, appropriate authorizations of transactions, and safeguard assets.
- Initiating process improvements.
- Managing and supporting the business teams in preparing quarterly accounting documentation and preparation of appropriate accounting procedures and policies.
- Managing the controllership reviews including quarterly balance sheet reviews, reserving updates, etc.
- Facilitating deep dives of specific commercial accounts (deferred revenues, inventory, Non Inventory & others etc.).
- Monitoring and increasing the effectiveness of the controls for the Contract reviews and their approvals.
- Oversight for the monitoring of contractual risks of the existing commitments.
- Participating in the simplification projects in the cycles of Order Review & Entry.
- Sustaining the Compliance with Revenue Recognition Rules across the region.
- Working with Finance Controller & Commercial Teams to determine the appropriate Revenue Recognition approach for specific deals.
- Standardizing and monitoring the accounting of Commercial Reserves across the legal entities.
- Ensuring timely closure of books and record.
- Preparing statutory Financial Statement for the purpose of Final Audit.

**Qualifications**:

- ** Gradate BA/BSc in finance with 5 years of progressive accounting & finance experience including developing forecasts & operating plans and leading business / finance reviews**
- ** Qualified Accountant (SOCPA/ACCA/CIMA/CPA/CFA) & demonstrated experience and understanding of Accounting Principles and Controllership (must have).**
- ** External Auditing Firm graduate (Big Four) is essential.**
- Clear thinking / problem solving: successfully led cross-functional projects/process improvement within operations/finance function involving process improvement; able to quickly grasp new ideas.
- Excellent communication skills: experience working across multiple levels (including executive level), functions and regions; able to clearly communicate complex financial information in easy to understand manner; able to deliver message effectively verbally and in writing.
- Integrity: Accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions, and when dealing with others.
- Proven ability to work on multiple projects & to meet strict deadlines.
- In depth knowledge of US GAAP and International accounting standards.
- Know-how of local reporting rules under SOCPA and Tax regulations.

**Preferred Qualifications**:

- Confidence / Assertiveness: strong influencing skills across business functions; confidence to approach business leaders with difficult messages and defend position; for example, work closely with business leaders to achieve business objectives while driving controllership/GE Values.
- Experience working in global business environment with sound understanding of global process and transactional flows.
- Experience leading in a matrixed environment.
- Bi-Lingual proficiency (English and Arabic).
- Experience with leading a cross functional team in a complex business organization.

**Inclusion and Diversity**

GE Healthcare is an Equal Opportunity Employer where inclusion matters. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

We expect all employees to live and breathe our behaviors: to act with humility and build trust; lead with tran

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