Head of Financial Reporting & Control

Head of Financial Reporting & Control

• Ownership and Accountability for the R2R, ensuring that effective R2R delivery is performed in the country, including an overall management of close, country and group reporting requirements in line with the Diaverum policies
• Ensure the integrity of the GL system, maintaining accurate and up-to-date entries for payroll, accounts receivable/payable, cash, depreciation, and other accounts.
• Maintain fixed asset registers, manage physical count and provide comprehensive financial reporting packages.
• Maintain cost allocation keys, cost center structures, and budgetary control procedures, ensuring accurate transactional-level approvals and compliance with the Delegation of Authority (DOA).
• Oversee vendor management, insurance renewals, and general administration sourcing.
• Provide financial analysis and recommendations to support business decisions and strategic planning. With cross-financial business partners, proactively contributing to the execution of corporate wide finance initiatives within the country
• Coordinate the development, implementation, and enhancement of PowerBi Dashboards and Reports for financial reporting and analysis.
• Being responsible for conducting country review of Balance Sheet with the Management team
• Assist the budgeting and forecasting process in collaboration with Business Planning & Control.
• Being the main point of contact for the Business Planning & Control Team with regard to Actual and Forecast comparisons where needed. Ensuring adequate and timely root cause analysis to understand problem drivers and implementation of necessary corrections and/or changes
• Escalation point of contact at country level, providing rapid resolution or escalation of all Global Accounting and Reporting critical issues impacting the business partners.
• Provide guidance on complex accounting matters and support business development from a financial operations lens
• Accountability for the Statutory / Tax compliance commitment in the country for all the legal entities. Ensure compliance with IFRS, Tax, VAT, Transfer Pricing regulations and corporate laws
• Ensure audit readiness by maintaining accurate records and documentation, supporting internal and external audits. Supervising external audits and giving final sign-off to statutory accounts and financial statements
• Accountability for the Diaverum internal audits and controls. Develop and monitor internal controls to ensure data integrity and safeguard company assets.
• Identify opportunities for process optimization, resource allocation, and continuous improvement within the finance function. Responsibility for ensuring policies and procedures are updated in response to changing environment and legislation
• Lead, support, and develop a team of accounting professionals by setting clear objectives, coaching performance, and driving development plans

• Professional accounting qualification such as CA, CPA, CMA, ACCA, or equivalent with a Bachelor’s degree in Accounting or Finance

• Big Four background in audit or advisory followed by 5+ years of progressive finance experience ideally gained in an international-oriented & cross-functional environment.

• Strong accounting background and a strong working knowledge of IFRS, local Saudi regulations, Tax, VAT and Transfer Pricing regulations, Saudi Local Content Score requirements
• Strong business acumen and broader business consciousness to align financial strategies with organizational goals.
• Ability to analyze data, identify trends, and provide actionable insights for business improvement.
• Excellent relationship-building, influencing, and communication skills to engage with stakeholders and business partners effectively.

• Fluent in Arabic and English (spoken and written)

• Experience with ERP systems, proficiency in PowerBi, Microsoft Excel, and other financial tools.