Financial Controller

1 week ago

Riyadh, Saudi Arabia Deutsche Bank Full time

Location: Saudi Arabia, Riyadh

Full / Part time: Full time

Permanent / Temporary: Permanent contract

Corporate Title: Associate

Reporting Line to: Head of Finance Saudi Arabia

Start Date: As soon as possible

Deutsche Bank in the MEA region has expanded opportunity has arisen in the Group Finance function in our Kingdom of Saudi Arabia (KSA) office.

This position involves supporting the Head of Finance, KSA (in Riyadh) in providing full-service Finance support under the Regional Finance function to the two main businesses in KSA Corporate Banking and Wealth Management.

**Your Key Responsibilities**
- Liaison and point of contact for the main banking regulator SAMA.
- The majority of communication and submission to the regulator are in Arabic. Fluency in both spoken and written Arabic is required.
- Managing external/internal audits of the entity including resolving the issues arise during audit in a timely and efficient manner, coordinating with relevant parties as and when required.
- Managing regulatory and taxation returns for the entity including review of monthly, quarterly and annual tax returns.
- Validation, control over the month end close process, both revenues and costs bookings, liaising directly with front office and operational staff and management in Riyadh to ensure relevant bookings are complete and accurate.
- Facilitation of the month-end balance sheet substantiation (MRP) as secondary Finance owner
- Liaison with both line business management and infrastructure functions to ensure that appropriate internal controls are in place
- Assisting in the completion of New Product Approval cross-functional risk-assessment checklists for new product or business implementations
- Onshore KSA coverage for other core Finance roles, as directed by Head of Finance, KSA

**Your Skills and Qualifications**
- KSA national, in line with regulatory requirement
- Fluency in English and Arabic essential
- Strong product accounting knowledge for vanilla Markets and Banking products
- The ability to analyze and communicate ‘risks’ inherent in a given operational or product booking situation, as well as delivering appropriate solutions
- Application skills which demonstrate an aptitude for change and a ’hands-on’ approach
- Strong inter-personal communication skills to support relationship-building across multi-functional teams
- An ability to work on initiative
- Preferably a recognized Accounting Qualification with at least 2-3 years post qualification experience (total work experience 5-6 years) in the areas above, otherwise if no Accounting Qualification then at least 4-5 year relevant finance experience in the banking / finance or consulting sector
- Finance systems, interface and financial data standard knowledge (SAP, Janus, BCS, FIM)
- Strong MS Office skills

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

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