Specialist, Controller

Chemistry that Matters™

A career at SABIC provides you with an opportunity to leave a lasting positive impact to the world and yourself. From excellent health and well-being benefits to our comprehensive learning programs. We offer a wide range of benefits and offerings that recognize that our people have unique motivations and ambitions. It’s all about matching what matters to you with what matters to us. Let’s explore what matters!

As one of the world’s largest diversified chemical companies, we activate the power of human capital to address society’s future challenges. Through partnerships, we enable life-saving medical innovations and help fight world hunger. We are driving the circular economy for the benefit of communities and our planet through sustainability initiatives, such as our TRUCIRCLE™ portfolio. Our success is built upon the collective excellence of our 32,000 employees in 50+ countries. Our values – Inspire, Engage, Create, and Deliver – are the foundation of our success. To learn more about these and how we strive to Be the Impact, click here.

Our purpose is "Chemistry that Matters". This is what drives us to do what we do. "Chemistry" goes beyond applying science and technology to enhance the supply of essential materials to the world. It is how we work, to build long-lasting relationships of trust. “What Matters” is making a meaningful impact for the world – through the customers and communities we collaborate with, so that we succeed and grow together.

It is all about matching what matters to you with what matters to us. We are mindful about the importance of the team we are building and how our team members impact to our culture. We believe that good ideas come from anywhere, being inclusive to diverse perspectives is stimulating, encourages innovation and is critical to our mission. Let us explore this together!

For an overview of our work culture and benefits, click here.

Job Purpose:

• Manage through Corporate Finance and Shared Services, work closely with Finance leader to report accounting operations, financial statements, and assure compliance with rules & regulations, Cost analysis, budgeting, optimization and management reporting to support decision-making.
• Reporting to the Finance leader in regards to all financial and accounting activities, monitor financial internal control policies and procedures and financial risk management.
• Advice Finance leader on any conflict of interest related partys transaction to comply with Companies Law, Governance, and conflict of interest policy.

Key Accountabilities:

Statutory Reporting:

• Coordinate & ensure accuracy of quarterly/annual Financial Statement for statutory reporting purpose.
• Ensure that all financial transactions are properly recorded, filed, and reported.
• Collaborate with external auditing services and internal Audit to ensure proper compliance with all regulations.
• Support internal audit for coordination with government audit.
• Review Zakat and tax related matters.
• Support to review company contract and agreement from finance point of view.

Management Reporting:

• Budgeting, costing and business analysis. Advise Management, board of director and others on financial performance, financial strategies and financial risk management and recommend appropriate actions.
• Support month-end and year-end close process & prepare the monthly NRV and the asset impairment test if applicable.
• Verify the internal management report (JV report) and monthly financial reporting package to partner.
• Respond to the queries on financial reporting raised by partner.
• Verify the financial part of the periodic board package.
• Manage the Capital Budget approval and appropriation within the approved budget and the company limit of authority schedule, in addition to managing capital projects financial close out.
• Monthly Financial reporting package, Capital Expenditure report, Report to the Finance leader with timely and accurate financial information,
• Assist the Finance leader in presenting reports to senior executives, stakeholders, and board members.
• Manage the dividends distributions.

Insurance:

• Ensure full coverage of Companys asset, Coordinate with SABIC risk management for CIP, Coordinate other insurance policies with SS insurance services for property all risks.
• Claim recovery cases to the management if applicable.

Balance Sheet:

• Manage through Shared Services Employee benefit and salary payments, vendor payments & Invoice support, GR/IR clearance and analysis of ageing report, clearance of advance payments Applicable SAP activities, Cash Flow management.
• Oversight on Balance sheet Account reconciliation with SABIC Shared Services.
• Coordinates and lead the annual Independent physical count for all Inventory.
• Manage the billing to and from partner.
• Manage invoices for third party customers.
• Review the accounting allocation for all payable invoices.
• Control the expenditures by close review, monitoring and by providing all departments with the required variance analysis and recommend corrective actions.
• Manage the accounting process for the monthly Netback.
• Monitoring credit and collections of both partners in additions to the other creditors.
• Make attestation for all payments, before submitting to banks, to ensure proper approval as per company AAS.

Others:

• Ensure if any conflict of interest related parties transaction is comply with Companies Law, Capital Market Corporate Governance, and conflict of interest policy.
• Support cash management team for initiate the payment in E-banking system, perform bank-clearing account, and provide future prices from partners.
• Monitor and control product costing of partner grades.
• Ensure the shutdown and turnaround maintenance cost reclassification to period costs is posted by Corporate Finance.
• Monitoring the SWAP-under IFRS and make sure to follow swap procedure for costing accuracy purpose.
• Urgent requirement and information from management, board and shareholder.
• Shared services focal point for demand plan and coordinate with res department during business plan cycle.
• Verify the corporate initiative, projects and enhancement.
• Maintain/Update the "approval authority schedule" AAS and provide guidance on the interpretation of the affiliate AAS

Requirements:

• Bachelor Degree in Finance & Accounting.
• MBA qualification is an added advantage.
• Minimum 10 years of experience with financial and accounting background & experience, preferably in Petrochemical Industries.
• Previous experience in Treasury, Tax, Reporting, Manufacturing finance and Project Management is an added advantage.
• Extensive experience of preparing and delivering management presentation and business case.

Skills:

• Hands on experience of SAP modules.
• Advance analytical skills capability & business case presentation

We are proud to be a diverse and an equal opportunity employer. We are fully committed to a culture of respect and inclusion.