Middle East & Saudi Controller

at  GE Healthcare

JOB DESCRIPTION SUMMARY

The Middle East and Saudi Local Customer Team (LCT) Controller will be responsible for controllership activities in respect of GE HealthCare’s (GEHC) operations and legal entities in the Middle East and Saudi LCT. He/she will ensure timely and accurate US GAAP closing and reporting on a monthly and quarterly basis; provide technical controllership guidance to both finance and operations leaders; and manage the local statutory and tax reporting obligations for the GEHC Middle East and Saudi legal entities. The Middle East and Saudi LCT Controller will report into the EAGM Controller.

REQUIRED QUALIFICATIONS

• Qualified ACA, CIMA or ACCA or Masters in Accounting, Finance, or other business related-field, with at least 10 years progressive accounting or finance experience

• Legal Entity management including ERP reduction and LE entity reduction. Capital structure fix of entities (debt/equity/quasi loan) and establish process/ownership of LE cashflow management involving cross functional team including treasury/tax/ controllership.
• Establishing standard operating procedures (SOPs) for operational and transactional processes impacting the financial statements, including closing, reporting and analysis.
• Drive consistent and effective policies and procedures during monthly/quarterly close process including account reconciliations, account reconciliation audits, GEHC Data Request (DR) submissions, representation letters and adjusting entries.
• Work closely with the COE teams to ensure the appropriate level of support is provided by the COE teams, as well as being a point of contact for issue resolution and support, as appropriate. Monitor, Identify and rectify process defects in processes run by BPOs and other COEs to ensure timely, accurate reporting
• Monitor & drive GEHC initiatives, simplification projects, integration projects, IT finance projects and International region transformation projects. Provide leadership on these projects.
• Monitor and drive special projects related to internal control over financial operations & reporting AND business growth with P&L and Functional Finance Leaders as determined by EAGM Zone Controller & LCT CFO.
• Ensure Controllership & Compliance of all Finance Activities & Documentation within Local Statutory, GEHC Business practices, policies & requirements.
• Plan and budget the resources necessary to complete all activities on-time and in accordance with authoritative guidance.
• Perform financial analysis of balance sheet accounts to ensure compliance, integrity of account balances/financial reporting and effectiveness of business processes.
• Work closely with financial and operational leadership to pro-actively assess and manage financial risk. Identify potential risks & opportunities and communicate effectively. Interpret finance risks & opportunities to local circumstances & present workable solutions
• Partner with GEHC Internal Audit for internal GEHC compliance reviews. Drive closure of open audit issues and proactively work to prevent future issues / manage risk. Lead resulting corrective action process implementation and follow up throughout the organization.
• Manage relationship with auditors to drive efficient & effective audit processes (audit planning, debrief meeting, audit fees etc.)
• Monitor and review that appropriate Internal Controls are in place, in line with GEHC GAP, US GAAP, and critically examine potential issues where financial risks & opportunities may be drawn out.
• Ensure that the balance sheet account reconciliations are completed within GEHC guidelines.
• Ensure compliance with Sarbanes-Oxley 404 requirements.
• Partner with GEHC Tax leader to manage the relationship with Tax Advisors to drive efficient & effective tax processes (CIT/ VAT/WHT tax returns preparation, tax audit support, FAS 109 completion)
• Ensure readiness for tax field audits and establish right archiving mechanism for processes owned by GEHC and monitor/test archiving mechanism for processes owned by business teams and BPOs and ensure compliance to GEHC Map 20.20