Reporting to: Chief Financial Officer

Role Purpose : The Financial Controller is responsible for end-to-end accounting processes across Finance Close & Processing, Tax, Reconciliations and General Ledger (GL) Management, Accounting Operations and Accounts Payable, ensuring robust controllership and timely and efficient month-end close process, with standardized accounting practices across the bank.

The successful candidate will bring a deep experience in Month-end close process, Accounting Operations, Tax compliance, GL reconciliation and month-end controllership governance. Experience with Financial systems applications and a strong focus on continuous process improvement are essential for success in this role.

Principal Accountabilities:

Leadership & Management

• Lead, mentor, and develop a high-performing finance team, fostering a culture of collaboration, accountability, and continuous improvement.
• Provide training and development opportunities to enhance team capabilities.
• Set clear performance goals and conduct regular performance reviews.

Reconciliation and Substantiation Management

• Lead the Bank’s Reconciliation Centre of Excellence, ensuring accurate and efficient reconciliation processes across the organization.
• Standardize GL accounting across units, by maintaining a unified chart of accounts and GL posting frameworks, ensuring robust controls in place.
• Oversee the balance sheet substantiation process across de-centralized businesses, ensuring consistency, compliance and timely GL reconciliation.
• Review and approve all GL related adjustments, reclassifications and corrections, with a robust control governance.
• Develop and implement best practices, policies, and procedures for reconciliations.
• Monitor and resolve reconciliation discrepancies in a timely manner.
• Identify and correct errors, mismatches and exception reports.

Financial Month-End Close

• Lead and manage the month-end close process to ensure timely and accurate financial reporting across all business units, with robust controls.
• Ensure timely, accurate posting of journal entries, accruals and adjustments.
• Manage all aspects of the close process across financial, management and regulatory reporting from an end-to-end process across the bank.
• Ensure integrity of trial balance and supporting controls.

Tax Compliance and Reporting

• Provide governance and controllership of the Bank’s Tax, Zakat and withholding tax reporting frameworks, ensuring accuracy, transparency and strong internal controls across all tax related submissions.
• Ensure all bank’s Tax filling, reporting and submissions are supported by robust controls, documentations, reconciliation, validations and justifications, in line with ZATCA requirements.
• Monitor emerging Tax, Zakat and Regulatory developments and assess the impact on Finance processes and controls requirements.
• Partner with Risk, Compliance and Legal to ensure robust tax governance and controls, correct interpretation of tax regulations and adherence to required reporting standards.

Accounts Payable and Fixed Assets Management

• Oversee the accounts payable function, ensuring timely and accurate processing of invoices and payments, with robust embedded controls.
• Implement and maintain robust controls to prevent errors, fraud, and inefficiencies in the AP process.
• Ensure alignment of budgetary requirements and controls
• Manage the fixed asset register, ensuring accurate recording, depreciation, and disposal of assets.
• Oversee capital expenditure tracking and reporting.
• Ensure compliance with relevant accounting standards and internal policies for fixed asset management.

Accounting Operations

• Supervise day-to-day accounting operations, including general ledger maintenance and review and approval of manual adjustments
• Ensure compliance with internal controls, policies, and procedures.
• Collaborate with internal and external auditors to support audits and ensure compliance with regulatory requirements.

Key Qualifications and Experience

• Bachelor’s or Master's degree in Accounting/Finance.
• 15+ years' experience in Senior/Strategic roles in the Banking Sector
• Hand on experience in technical and operational accounting, GL management, month-end close, Tax compliance, Accounting Operations and Financial Control
• Hand on GL system experience (Oracle or similar), AP and Fixed Asset management tools.
• Proven team leadership within the Banking Sector.
• Proven track record in driving continuous process improvement and implementing automation initiatives.
• Strong leadership and team management skills, with a focus on talent development and succession planning.
• Excellent project management skills, with the ability to manage multiple priorities and deliver results under tight deadlines.
• Strong analytical and problem-solving abilities, with a focus on continuous improvement and innovation.
• Exceptional communication and interpersonal skills, with the ability to influence and build

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