Chief Financial Officer, Wood, Al Khobar, KSA

Overview / Responsibilities

Mustang and Faisal Jamil Al Hejailan Engineering Consultancy (Wood Al Hejailan joint venture) has a long and successful history of operating in the Kingdom of Saudi Arabia. Wood, with its joint venture partners, is currently searching for a forward thinking, engaging finance leader who understands and has a working knowledge of the Saudi Arabian accounting standards to become the Chief Financial Officer for the joint venture. This role would report into the General Manager of the joint venture and play a key role as part of the in-country leadership team, whilst being the key point of contact for various stakeholders, providing financial information and analysis and ensuring the financial integrity of the joint venture. Concurrently the role works closely with and has key responsibilities to the regional finance leader, and as a an Officer of the Company is accountable for carrying profit and loss and working capital responsibility.

 

Business partnering is a key element of the role in providing finance and decision-making support through building relationships and promoting close links with operational leadership and JV partners. The business partner element to the role is to provide analysis, insight and views in respect of the financial performance of the business, be a trusted advisor and to add value that will assist in decision making. Other key areas in the role include:

 

  • Principal interface with tax authorities on behalf of the joint venture, ensuring tax filings for the joint venture & partners are up to date
  • Development of the local finance team with consideration of Saudization targets and optimizing Wood interface and support
  • Becoming a true Finance Business Partner to the local management team whilst ensuring that the finance policies and practices of Wood are fully adopted
  • Evolving and being responsible for the whole cashflow process, to improve the DSO of the operation whilst addressing any bad debt risk as a continuous process
  • Establishing a strong relationship with the Saudi shareholder’s financial department and improve reporting to all relevant stakeholders

Skills / Qualifications

  • Professionally qualified accountant

Knowledge, skills and experience:

  • Previous Chief Financial Officer / Director of Finance or equivalent experience
  • Minimum of 15 years relevant accounting experience
  • Strong experience of business partnering
  • Demonstrable commercial experience
  • Previous experience of leading and developing a team
  • Sound knowledge of Oil & Gas services business and accounting methodology
  • Knowledge of Saudi GAAP & local reporting requirements

Personal attributes:

  • Ability to form and maintain strong working relationships
  • Strong people skills and desire to develop the team
  • Manages with honesty and commitment
  • Ability to discuss issues clearly and concisely at all levels in the organisation
  • Ability to work proactively to analyse problems/issues and identify solutions
  • Ability to arbitrate between Partners and drive amicable solutions for diverging opinions regarding financial issues and treatments

Ability to:

  • Generate trust and credibility with audiences through continuous, open and consistent communication
  • Focused on improving quality and effectiveness
  • Work effectively across different cultures, driving a global mind-set
  • Foster a climate that delivers on expectations and strengthens relationships
  • Influence and change the way the JV works, to improve safety standards and behaviours
  • Prioritise requests from multiple sources

Company Overview

Wood is a global leader in engineering and consultancy across energy and the built environment, helping to unlock solutions to some of the world’s most critical challenges. We provide consulting, projects and operations solutions in more than 60 countries, employing around 40,000 people. www.woodplc.com

Diversity Statement (EEO)

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

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