Cluster Financial Controller

Cluster Financial Controller

The Cluster Financial Controller serves as the senior finance leader for a diverse portfolio of seven companies in Saudi Arabia, spanning logistics, tank cleaning, inspection and maintenance, water services, trading, crane hire, and equipment rental. This portfolio generates approximately US$150 million in revenue and employs 1,200 people, forming part of a wider group of 28 companies.

The role, akin to a CFO, is responsible for financial control, reporting, governance, compliance, cash flow, business performance, and finance leadership across the cluster. The Cluster Financial Controller will collaborate closely with business leaders while ensuring full alignment with Group policies, systems, delegated authorities, and finance standards.

• Financial Leadership and Business Partnering
• Lead the finance function across all cluster companies.
• Act as the principal finance advisor to the ED, GCFO, and business leaders.
• Provide clear financial insights on performance, profitability, risk, cash flow, and business priorities.
• Support commercial decisions, bids, tenders, pricing, investment cases, and operational improvement plans.
• Challenge business assumptions and ensure decisions are financially sound and aligned with Group governance.

• Financial Reporting, Planning and Performance Management
• Ensure accurate and timely monthly, quarterly, and annual reporting across all companies.
• Lead budgeting, forecasting, variance analysis, and management reporting.
• Consolidate cluster performance and explain key movements, risks, and corrective actions.
• Improve financial dashboards, KPIs, and reporting quality for senior management and Board-level review.
• Ensure reporting complies with Group accounting policies, IFRS, and applicable statutory requirements.

• Governance, Controls and Compliance
• Maintain strong financial controls across all companies, locations, and business units.
• Ensure compliance with Delegation of Authority, Group policies, audit requirements, and internal control standards.
• Lead audit readiness and coordinate internal, external, and statutory audits.
• Ensure timely closure of audit findings and corrective actions.
• Safeguard assets through effective controls over fixed assets, inventory, CAPEX, disposals, and reconciliations.

• Tax, Zakat and Regulatory Compliance
• Ensure full compliance with Saudi VAT, withholding tax, Zakat, corporate tax, and ZATCA requirements.
• Review and oversee statutory filings, tax submissions, and regulatory reporting.
• Coordinate with Group Tax, external advisors, and auditors.
• Monitor regulatory changes and implement required actions across the cluster.

• Working Capital, Cash Flow and Treasury Coordination
• Drive working capital discipline across receivables, collections, unbilled revenue, payables, and inventory.
• Lead cash flow forecasting and liquidity visibility for the cluster.
• Coordinate with Group Treasury on banking facilities, guarantees, letters of credit, and funding requirements.
• Support collection reviews and ensure overdue balances are actively managed with operating teams.

• Shared Services and Process Improvement
• Oversee the performance of offshore shared services supporting finance operations.
• Ensure month-end close, reconciliations, accounts payable, accounts receivable, and reporting processes are delivered accurately and on time.
• Drive standardization, automation, process improvement, and cost efficiency.
• Monitor service levels, issue resolution, and quality of support to the businesses.
• Support effective utilization and improvement of the group's ERP (SAP)

• Team Leadership and Capability Building
• Lead, coach, and develop the cluster finance team.
• Build a disciplined, accountable, and commercially aware finance culture.
• Strengthen succession planning, role clarity, and performance management.
• Improve collaboration between onshore finance, offshore shared services, and business units.