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Financial Management Support
Lockheed Martin
Riyadh, Saudi ArabiaSAR 6,650-20,900/moToday
Saudi ArabiaFinance & AccountingFull Time
Skills Required
SapAccountingErpCommunicationArabicEnglish
Job Description
Lockheed Martin’s International Corporate and Enterprise Business Services (EBS) units, consists of Business Development, IT Services, Payroll, ESH, HR and Finance functions that support the business across the whole of the EMEA region. With employees located throughout the UK, Europe and Middle East, LM Corporate and EBS provide EMEA wide support to all the LM International business areas.About the RoleFinancial Management Support will be responsible for annual statutory audits, preparation, review and lodgement of financial statements in compliance with local GAAP/IFRS as well as preparation of tax filings for various entities.ResponsibilitiesEnsuring timely filling of Statutory financial statements and tax returns for the entities assignedStaying up to date on local regulatory requirementsEnsure internal processes and checklists are completedForecast tax payments and ensuring accounting team responsible for cashflow is kept informed in a timely mannerTimely preparation of tax accounts reconciliations (indirect and direct)Continually seek and implement improvements that reduce cycle time, improve productivity, enhance compliance frameworkOn an ad hoc basis support business transitions, reorganizations and other customer initiativesSupporting tax or other financial reviews/audits carried out by local tax authority.Cross functional collaboration with HQ based finance tea,, Corporate Tax, subsidiary management and other functions withing Global Financial ServicesPreparing presentations for the Boards for various LM subsidiaries and branches on financial performance as requiredPosition RequirementsEstablish and maintain appropriate working relationships, ensuring effective and professional interaction with Lockheed Martin (LM) management, employees, customers, contractors and suppliersWork with business partners to understand customer needs, provide value added support and maintain positive customer relationships.Compliance with business processes and accounting policies, in keeping with broader Corporate requirements, to maintain and strengthen internal controlsEnsure the effective and efficient application of relevant accounting standards and legislative requirements regarding operationsServe as a primary interface for internal and external stakeholders including accounting teams, financial audit agencies, and other finance, accounting, and administration agencies.Support the completion of regulatory filing including statutory audits and indirect and direct tax filings within the approved timeframes and support board reporting where applicableProactively identify opportunities to reduce costsEnsure final financial statements and supporting documentation are maintained in a central location. Responsible for ensuring reconciliation from source ledger (US GAAP) to local gaap is prepared and reviewedRequired skills, qualifications and experienceCPA/CA or equivalent having a minimum post qualification experience of 7-10 years of which at least 5 years must be with a Big 4 external audit division in the middle east region.Strong IFRS and Local GAAP knowledgeAdvanced accounting and analytical experience and skills including a solid foundation in internal controls and auditing functionsAbility to manage multiple priorities and time zonesWorking knowledge of various accounting systems utilized by Lockheed Martin (Mainly SAP PeopleSoft, etc.).Experience in handling complex tax and financial auditsExperience working within a large multinational corporate environmentMonitoring Internal controls, identify weakness and working with management on remediationEnsuring accurate, timely CIT/VAT filingsIntermediate to advanced skills and experience in the use of MS Office and other relevant software packages and applications, with experience using integrated financial systems and tools.Fluency in English and Arabic (Oral and written)Skills & AttributesOutstanding communication skills (verbal, written and presentation) including an ability to prepare and present concise oral and written reports, briefings, updates and other documentation, and represent the organization externally on significant mattersAbility to break down complex issues into understandable components and interface effectively with management and staff at all levelsProven ability to operate and manage virtually within a matrix organization, with the ability to drive and implement changeBroad strategic thinker, with the ability to bridge from strategy to actionable objectives, actions, and progress metrics through critical thinking, intelligence and curiosityProven ability to demonstrate a high degree of ingenuity, creativity, and resourcefulnessAdvanced business acumen including the ability to investigate, comprehend, and interpret complex business challenges, and think and act both strategically and tacticallyAbility to effectively manage multiple, concurrent activities, while understanding and managing priorities, dependencies, and riskConceptual and analytic
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