Head of Finance Ksa
6 months ago
**Summary of the job**:
- Responsible for supervising all financial operations, planning, and compliance matters specific to the Saudi Arabian market. This role requires a deep understanding of local financial regulations, coupled with strong leadership skills to drive business performance, and support organization's growth objectives.
- This role will play a critical role in driving financial performance, ensuring compliance, and supporting business growth in the KSA market.
**Duties & Responsibilities**:
**Business Partnering**:
- Serve as the key financial partner for local management teams, providing insights and recommendations to support decision-making and business growth initiatives.
- Collaborate cross-functionally with various departments to drive financial performance and operational excellence in KSA.
- Partner with Commercial Team to provide proactive and innovative solutions to achieve mutually agreeable business objectives, support market share improvement / new product launches.
- Continuous improvement in the way of working to enhance efficiency and effectiveness of the team and processes.
- Build and maintain strong relationships with external partners, including auditors, regulatory authorities, and business partners.
**Planning & Forecasting**:
- Develop and implement financial strategies aligned with the company's objectives and market dynamics.
- Lead financial planning, forecasting, and budgeting processes for KSA market, ensuring alignment with company goals.
- Provide insights and recommendations to senior management based on financial analysis and market trends.
- Responsible for accurate and complete forecasting and submission of business Plans.
**Financial Reporting and Compliance**:
- Coordinate the preparation of accurate and timely financial reports.
- Ensure adherence to local regulations and compliance with KSA regulatory requirements and tax laws.
- Implement and maintain robust internal controls to safeguard company assets and ensure compliance with corporate policies.
- Liaise with the Regional Compliance Teams to ensure implementation of all policies and procedures.
- Preparation and analysis of management reporting to drive the right business decisions with primary focus on revenue and pricing.
**Technology**:
- Understand interdependencies among financial systems and ensure correctness and consistency of data
- Be the driver to facilitate implementation and adoption of new systems in KSA region.
**Projects**:
- Provide financial inputs in various projects as required.
**Team Leadership and Development**:
- Mentor the finance professionals and the organization, encouraging a culture of dedication, accountability, and continuous learning.
- Provide mentorship and support to team members in performing their responsibilities effectively and developing their skills and proficiencies.
- Champion collaboration and inclusive work environment that values diversity and promotes collaboration and mutual respect.
**Qualifications**:
**Experience Required**
- Education: Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA or professional certification (e.g., CPA, CMA) preferred.
- Years of Experience: 10 + years of working experience in Financial planning analysis, Budgeting & Compliance
- Language: English, Arabic desirable
- Location: Riyadh, KSA
**Leadership Behaviors Required**
- **LIVE OUR CREDO**:Demonstrate and inspire the behaviors that reinforce Our Credo.
- **CONNECT**:Develop deep insights into the needs of our patients, customers, markets and communities.
- **SHAPE**:Drive innovation; anticipate and shape industry and market changes to advance health care globally.
- **LEAD**:Create an environment where leadership and talent development is top priority.
- **DELIVER**: Deliver results by inspiring and mobilizing people and teams.
**Technical/Functional Skills Required**
- Consistent track record of successfully partnering with commercial leaders to drive business performance
- Significant experience (10+ years) in finance leadership roles, with a track record of success in multinational companies, preferably in the Middle East region.
- In-depth knowledge of Saudi Arabian financial regulations, taxation, and business practices is preferred.
- Strong analytical and problem-solving skills, with the ability to interpret financial data and trends to drive business decisions.
- Excellent communication and social skills, with the ability to optimally engage and influence partners at all levels of the organization.
- Confirmed leadership abilities, including experience leading teams and developing talent.
- Strategic mentality with a focus on getting results and delivering value to the organization.
- Demonstrated integrity, ethics, and dedication to compliance with company policies and regulatory requirements.
- For more than 130 years, diversity, equity & inclusion (DEI) have been part of our cultural fabric at Johnson & Johnson and wov
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