Senior Financial controller KSA

Location: Cairo, Egypt
In fast changing markets, customers worldwide rely on Thales. Thales is a business where brilliant people from all over the world come together to share ideas and inspire each other. In aerospace, transportation, defence, security and space, our architects design innovative solutions that make our tomorrow's possible.
Thales has built a presence in Egypt for over 40 years and has today over 100 employees. Thales in Egypt is part of our Middle East business that has 1,800 people across Egypt, Iraq, Kuwait, KSA, Lebanon, Oman, Pakistan, Qatar and UAE.Together We delivered fare collection and control and communication systems for the first metro line in Africa, Metro Line 1 in Cairo. Since then we have continued to bring growth and security and safety to the country by upgrading these transportation systems as well as providing solutions for customers in air traffic management, air defence and Navy.

ROLES & RESPONSIBILITIES:

Budget controlling:

• Submit actuals/forecasts to corporate management through the update of magnitude reporting tool as part of monthly reporting of accounting results
• Support in the consolidation of the annual multi-year budget for Thales KSA region
• Assist in the preparation of country and function budgets for Thales KSA
• Assist in reinforcement and monitoring of accounting and compliance internal controls
• Prepare ad hoc costs analysis as needed by finance internally and the reviews to be presented to the head of Functions
• Issue monthly intercompany invoices received related to recharge of other miscellaneous costs
• Managing the closing tasks for the 3 entities of KSA scope, including posting entries (provisions) monitoring the level of actuals vs Budget/Forecast.
• Monitoring intercompany recharges
• Support the preparation of OI & Sales with project controllers and CFO (Actuals vs Budget and Actuals vs Forecast)
• Discuss with the team during monthly meetings for cash flows, accruals/provisions, receivables/doubtful debts, foreign exchange impact and other ad hoc meetings
• Contribute to the closing of accounting books in coordination with Thales KSA chief accountants

Internal control and processes improvement:

• Perform Monthly and Yearly Audit controls
• Execute on quarterly process improvement and update SOP documentation

WORK EXPERIENCE REQUIREMENTS

• 7 to 10 years of relevant work experience in similar positions
• Knowledge of IFRS is a plus
• Prior experience managing budgets, conducting in-depth financial analysis and submitting recommendations for consideration is preferred

QUALIFICATION, CERTIFICATION & EDUCATIONAL REQUIREMENTS

• Bachelor’s degree in finance-Accounting / Audit or corporate Finance (preferred)
• Master degree in Accounting / Audit or corporate Finance (preferred)
• Chartered accountancy qualification and/or IFRS diploma (preferred)

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