Finance Manager – Modernisation
Grade: GG12
Location: Riyadh, Saudi Arabia
JOB PURPOSE
BAE Systems is the UK Government’s nominated Prime Contractor under the Government-to-Government arrangements that are in place to provide equipment, support and training to Saudi Arabia. We provide maintenance of Royal Saudi Air Force (RSAF) aircraft and train RSAF and Royal Saudi Naval Force personnel safely in a training environment in how to use their aircraft, equipment and weapons.
BAE Systems Saudi Arabia is committed to supporting the Saudi Arabian National Agenda including Saudisation and the training and development of Saudi National capability through the growth of the Saudi National Partner Companies thereby reinforcing Industrialisation and Partnerships.
The Finance Manager Business Insights is an integral part of the Financial Planning & Analysis function. The role is critical to driving financial insight, forecasting accuracy, and strategic decision-making across the organization. The role will require a hands-on individual, capable of being part of a high performing team and partnering cross-functionally to influence business outcomes.
JOB ACCOUNTABILITIES
Assist in the development of finance reporting and processes across the Arabian Industries.
Effectively manage the business reporting inputs through to the group reporting outputs.
Delivery of Monthly Financial reporting consolidating all inputs in a robust and timely manner including consolidation of business risks & opportunities.
Management of the business and decision making.
Timely, complete and accurate reporting.
To undertake ad-hoc requests as necessary to satisfy both internal and external customers.
Support any surge requirements across the KPC’s as required to improve the overall group performance.
Business partner to the delivery of IBP consolidating all inputs in a robust and timely manner including consolidation of business risks & opportunities. the implementation of an appropriate set of financial controls.
Compliance with the Finance Policy Manual ensuring that control processes are operating effectively, and monthly reviews of the balance sheet occur for all accounts.
Drive high-quality collaboration and communication across all KPC’s.
Be ready and able to stand in for the Finance Director.
Drive common strategy across the portfolio leading on financial analytics of the company for the use by the shareholders.
Continue the modernisation of the Finance function including systems across the KPC’s.
Develop dashboards and modernised insights to enable business decisions.
Assist with the successful adoption of Project Analytics across the portfolio.
Providing a professional and timely Financial and Management Reporting service to the business and to our Shareholders, including Monthly Management Reporting (MMR), QBR presentation packs, Shareholder Board packs, Statutory Accounts and Tax Returns.
Support Financial aspects of the Integrated Business Planning (IBP) Process.
Ensuring that timely advice and guidance is sought in respect of Taxation and Treasury matters, including external funding and M&A activity.
Assist with the development of financial processes and systems that will enable efficient and effective processing of financial transactions.
Support on cash management activities and provide clear image on KPCs cash position and requirements to achieve business goals.
Forecast dividend flow through the KPC’s based on expected profit levels and enact payment of dividends to shareholders
Prepare financial pack for each quarterly Board outlining performance and future dividend level for both internal and external shareholder.
RECRUITMENT SPECIFICATION
Essential
The role holder will have a broad financial and non-financial background, developed through experience in several finance roles, relationships with other functions and projects, and Continued Professional Development.
This proven business partnering experience will be invaluable to allow the role holder to operate across the Business.
An ability to quickly assimilate and drive the purpose of the Company towards its strategic objectives ensuring the working practices and procedures support the outcome.
To quickly acquire local knowledge of Saudi Arabia statutory, taxation and regulatory frameworks and how these interact with other jurisdictions is desirable.
Proven track record of performance and delivery.
Demonstrate an extensive knowledge of financial controls and corporate governance in a business.
Ability to lead, manage and develop operational teams.
Able to provide financial advice and to influence business stakeholders.
Good communication and interpersonal skills including business level English language.
A self-motivated worker with practical experience of dealing with complex issues in a proactive manner.
Demonstrable ability to deliver quality outputs within agreed timescales.
An individual with an internal drive for self-development.
EXPATRIATE EMPLOYEE BENEFITS
In return for the required high levels of commitment and hard work you will receive a competitive salary, rent free accommodation and access to free recreation facilities, all available within Company secured accommodation. In addition, a generous leave and travel allowance makes this an opportunity not to be missed.
On successfully securing a role your appointment to Saudi Arabia will initially be on single status. On commencement of employment in Saudi Arabia you will have the opportunity to apply to have your family join you in the future. A full health care scheme is provided within Saudi Arabia.
SAUDI NATIONAL EMPLOYEE BENEFITS
In return for the required high levels of commitment and hard work you will receive a competitive salary and benefits package, including a generous leave and travel allowance, a full health care scheme and access to subsidised recreational facilities
BAE Systems
At BAE Systems, we provide some of the world’s most advanced, technology-led defence, aerospace and security solutions. We employ a skilled workforce of 89,600 people in more than 40 countries. Working with customers and local partners, we develop, engineer, manufacture, and support products and systems to deliver military capability, protect national security and people, and keep critical information and infrastructure secure.
All appointments in Saudi Arabia are subject to receipt of all necessary Government and/or Customer approvals.
We protect what matters.
We’re a skilled, collaborative, and increasingly diverse community of around 100,000 people in over 40 countries, creating some of the world’s most advanced, technology-led defence, aerospace, marine, land, and security solutions.
At our core is an overarching purpose – we play our part in protecting those who protect us, making the future more secure for everyone. Those who connect with our purpose feel pride in being part of something bigger; motivated by their ability to make a difference by creating bold, pioneering products and services that can change the world we live in.
To do this, we must always look to the future to find new ways and new ideas to advance – whilst putting our people front and centre. Championing better ways of doing things, striving for excellence in everything we do, being more efficient and sustainable.
We have a 40+ year heritage of working in data and security. Since 2000, we have expanded rapidly through the digital revolution, working in multiple industries and building our portfolio of cutting edge solutions. Our new company, Digital Intelligence, launched at the beginning of 2022 bringing together digital capabilities from across the BAE Systems Group.
To secure our ambitious future, we are committed to investing in our people, with the tools, support and inclusive environment for you to embrace a fulfilling career. Life at BAE Systems is always dynamic and challenging, with immense opportunity, and lifelong development available to all.
Whether you’re an experienced professional or just stepping out into the world of work, we’ve a wide range of career opportunities available. Whether it's engineering or technology, project management or manufacturing, you'll be helping our customers protect what really matters.
Working at BAE Systems brings immense opportunity. A long and fulfilling career, with first-class training and lifelong development available to all, with all the support to help make it happen.
The scale at which we operate generates endless opportunities to work across diverse roles, specialisms, cultures and countries. Achieving our growth ambitions needs everyone to own their role and find their unique place. This is a place to be curious, build your network, feel empowered and motivated by your team, sharing in our purpose to protect what matters and create a safer future.
As many of our team can demonstrate, it’s possible to have multiple careers throughout your time here. There’s always the opportunity to retrain or reskill, whether through a formal programme or exploring our on demand virtual learning platform where you can explore tailored resources aligned to each of our functions.
We provide the opportunity to get involved in projects outside of your primary remit. We encourage you to seek a stretch project in which you’ll gain different experiences. With our huge portfolio of products and our multinational presence, there are opportunities to get involved in something different around every corner. Additionally, we encourage involvement in community projects, STEM initiatives and our employee resource groups, which all provide valuable learning and development experiences that you may not have access to in your day-to-day role.
Lifelong learning is a reality at BAE Systems, and we’re proud to be a diverse, inclusive, and supportive employer, helping everyone build a career to be proud of, delivering our purpose of protecting those that protect us all.
Our resources are accessible at any time and from any device and consider inclusive learning styles by offering these through a variety of platforms such as videos, books, guides and structured virtual learning programmes through our digital learning plaform, Spark.