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Financial Controller

1 week ago

Mumbai, Maharashtra, India AGR Knowledge Services Pvt Ltd Full time
Role Profile: Financial Controller (LOCATION - RIYADH, SAUDI ARABIA)

AGR Knowledge Services, on behalf of its Saudi Arabia based client, is hiring for a Financial Controller position. This is a full-time position based in Riyadh, Saudi Arabia, and the successful candidate will have to relocate to Riyadh. The client is a prominent venture capital fund

.
Role Overvie
w:The Financial Controller will be responsible for overseeing the company's financial operations, including budgeting, financial reporting, compliance, and bank relations. This role ensures the financial health of the company by implementing robust financial processes and strategies. Additionally, the Financial Controller will support startups in the accelerator program by providing education and guidance on financial management, empowering them to manage their financials effectivel

y.
Responsibiliti
es:Financial Manageme
nt:Oversee all financial operations, including budgeting, forecasting, cash flow management, and financial reporti
ng.Develop and implement financial processes and policies to ensure accuracy and compliance with local regulatio
ns.Monitor and manage company expenditures to ensure cost efficien

cy.
Budgeting and Forecast
ing:Prepare and manage annual budgets, ensuring alignment with strategic go
als.Provide financial forecasts and analysis to support decision-mak
ing.Track and report variances between actuals and budgets, recommending corrective actions as nee

ded.
Bank Relat
ions:Maintain strong relationships with financial institutions to facilitate banking operat
ions.Oversee account management, credit facilities, and ensure timely execution of financial transact

ions.
Compliance and
Audit:Ensure compliance with local tax regulations and other financial require
ments.Prepare and support the annual audit process, liaising with external auditors as nece
ssary.Keep up-to-date with changes in financial legislation and regulations to ensure company compl

iance.
Support for Accelerator St
artups:Provide financial education and guidance to startups participating in the accelerator p
rogram.Assist startups in developing budgets, financial models, and cash flow proje
ctions.Offer advice on fundraising strategies, financial compliance, and efficient resource allo

cation.
Continuous Impr
ovement:Identify and implement improvements in financial systems, tools, and pr
ocesses.Use data-driven insights to optimize financial decision-making across the organ

ization.
Required Skills and Comp
etencies:Strong understanding of financial management, accounting principles, and financial r
eporting.Excellent budgeting, forecasting, and analytica
l skills.Proficiency in financial software and tools, such as ERP systems a
nd Excel.Ability to communicate complex financial concepts clearly and eff
ectively.Strong interpersonal skills for building relationships with banks, auditors, and other stak
eholders.Ability to mentor and educate startups on financial best p

ractices.
Quali
fications:Bachelor's degree in Finance, Accounting, or a related field (CPA or CMA certification p
referred).5+ years of experience in financial management, with a focus on budgeting and financial
processes.Experience in working with startups or entrepreneurial ecosystems
is a plus.Strong knowledge of financial regulations and compliance requirements and the willingness and capability to learn quickly about these aspects within the Saudi Arabia

framework.