Financial Controller - Shear International Co. Ltd, Qureos Inc, Jeddah, KSA

This job is OPEN to APPLY for ALL Nationalities, unless otherwise specified.

We need a Financial Controller - 

Financial Planning & Analysis

• Develop financial models to support strategic initiatives, pricing strategies, and operational decisions.
• Prepare monthly, quarterly, and annual financial reports, including profit & loss, balance sheet, and cash flow statements.
• Analyze variances between actual and budgeted figures; identify root causes and provide recommendations.

Budgeting & Forecasting

• Lead the annual budgeting process in coordination with department heads.
• Provide rolling forecasts and update management on business performance and financial outlook.
• Monitor capital and operating expenditures to ensure alignment with approved budgets.

Cost Control & Profitability Analysis

• Analyze production costs, overhead absorption, and cost drivers specific to steel casting operations.
• Identify areas of cost savings and process improvement in procurement, production, and logistics.
• Evaluate product line and customer profitability to support commercial decision-making.

Compliance & Internal Controls

• Ensure financial practices comply with IFRS, local tax laws, and internal policies.
• Monitor internal controls over financial reporting and recommend improvements.
• Support statutory audits and coordinate with external auditors for timely closure.

️ Project & Investment Analysis

• Conduct feasibility studies and ROI analysis for capital projects and new business opportunities.
• Support investment decisions by preparing cash flow models and break-even analysis.
• Evaluate financial risks and mitigation strategies.

Cash Flow & Working Capital Management

• Monitor daily cash flow and working capital position.
• Liaise with banks for LC handling, funding arrangements, and credit facilities.
• Recommend actions to optimize receivables, payables, and inventory levels.

Qualifications & Requirements:

• Bachelor’s degree in Finance, Accounting, or Economics; CPA, CMA, or MBA preferred.
• 5–8 years of relevant experience, ideally in heavy manufacturing or foundry industries.
• Strong knowledge of financial modeling, ERP systems (SAP, Oracle, or similar), and Excel.
• Solid understanding of cost accounting, industrial operations, and project analysis.
• Analytical mindset, attention to detail, and ability to present financial insights clearly.
• Excellent communication skills and ability to work with cross-functional teams.

DETAILS TO REGISTER FOR THIS JOB:
NOTE: ATS-compliant CV is MANDATORY!

https://jobs.qureos.com/jobs/6203572-financial-controller-shear-international-co-ltd?ittk=3BTEC8J5UA



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