Assistant Financial Controller

Role Overview

This position supports the Central Planning & Control Unit in overseeing financial planning, budgeting, and control functions within Shared Services. The incumbent will assist with the preparation of the Annual Operating Plan (AOP), manage capital expenditure (Capex) and operational expenditure (Opex), perform accruals, and handle reconciliation tasks. Ensuring compliance with financial governance across Shared Services is a key responsibility.

Key Responsibilities

• Assist in preparing and consolidating the Annual Operating Plan for Shared Services.
• Contribute to the development and implementation of financial planning, budgeting, and monitoring frameworks.
• Support enhancement of financial reporting and budget tracking processes.
• Help departments prepare budget submissions and ensure adherence to financial control guidelines.
• Monitor Capex and Opex budgets, maintain updated budget trackers for Shared Services projects, and track budget usage identifying risks or variances.
• Review purchase requisitions and invoices via SAP Ariba ensuring accuracy, compliance with procurement policies, approved budgets, and timely processing within service level agreements.
• Ensure invoices are submitted and approved following defined timelines and processes.
• Accurately record accruals aligned with financial reporting standards.
• Oversee open financial exceptions and unresolved transactions, maintain exception trackers, and ensure timely resolution.
• Coordinate with Shared Services departments on financial planning and budgeting activities.
• Keep an updated and deep understanding of financial planning, budgeting, and internal financial controls.
• Identify opportunities for continuous improvements in financial processes and reporting.
• Ensure compliance with internal policies, procurement regulations, and financial governance frameworks.
• Maintain accurate financial documentation and transparent audit trails.
• Promote data integrity, traceability, and transparency in financial information.
• Detect and escalate financial risks tied to budgeting, reporting, and expenditure.

Qualifications

• Bachelor’s degree in Business Administration, Finance, Accounting, or equivalent discipline.
• Certification in financial planning or accounting is an advantage.
• At least three years of total professional experience with one to two years focused on planning, budgeting, accounting, or financial control.
• Proficiency in written and spoken English and Arabic.