Manager, Internal Control
Riyadh, SA
Role Purpose
Responsible for ensuring compliance of the Finance division with internal Polices & Procedures, and governmental/regulatory requirements, establishing and monitoring financial controls, creating/revising P&P documentation to keep them current and relevant, and establishing best practices across the division.
Job Accountabilities & Activities
Strategy development and planning
- Develop Governance/Stewardship Scorecard to establish a framework for governance.
-Create COEs for key accounting topics.
-Manage all Digital Transformation (RPAs) to ensure that all initiatives follow governance framework.
Corporate Risk Management
- Handle Risk regulators, internal audit, compliance, GAB requirements related to governance and internal controls
- Track the progress of risk mitigation steps and resolution process for audit observations.
- Discuss risk control steps and audit observations with the concerned department and provide response to the risk management team/CFO
Governance Operations
-Review the adoption of P&Ps across departments, and coordinate with department managers to improve adoption
Financial Review
Conduct Monthly Balance Sheet Reviews/BS Reconciliation
Stakeholder Relationship Management
-Conduct Monthly Stewardship Call with all OpCos to ensure all governance policies are followed.
-JV/Associates Quality
-Review and quality assure all services and work-products delivered by the compliance specialist are in accordance with established policies and procedures
Policies and Procedures
- Create OSHCO Finance Policy
- Periodic review of related P&Ps to identify modifications, scope for improvement
- Ensure scheduled P&P reviews are performed by process owners on time
- Standardized chart of accounts for all OpCos
- Establish Controllers Forum
- SOPs/DOAs for all accounting areas
Education & Certifications
Bachelor’s degree is required. Or:
MBA or Master’s degree in business, finance, legal or related fields are preferred
Required Years of Experience
7+ plus years of internal or financial industry and compliance experience, preferably within a global organization in a role directly involved with business process analysis and change management.