Financial Controller

3 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Saudi Post and Logistics Full time

Key Responsibilities:

  1. Develop and Implement Financial Controls: Establish a robust financial controls framework, incorporating industry best practices and risk management procedures, to ensure timely and accurate financial information sharing and communication with business units.
  2. Collaborate with Team Members: Provide guidance and support to team members in developing standard operating procedures (SOPs) to promote consistency and efficiency in departmental operations.
  3. Ensure Accurate Financial Reporting: Ensure that Saudi Post and Logistics' general ledger accurately reflects the company's financial position, in accordance with company policies, government regulations, and International Financial Reporting Standards (IFRS).
  4. Cost Allocation and Management: Develop and define a one-time setup for cost center and cost allocation key allocation, determining product/grade level costing target allocations based on actual consumption and classifying cost heads into codes to ensure proper cost accounting principles.
  5. Cost Controlling and Budgeting: Direct cost controlling activities by employing project accounting tools, reviewing budgets, conducting actual vs. planned variance analysis, and approving and releasing budgets in alignment with financial controlling policy.
  6. Internal and External Audit Support: Oversee coordination with internal and external auditors to provide necessary information, documentation, and data for audit assignments, and resolve any outstanding audit queries to support external auditor's tasks.


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