Finance Controller - Saudi Arabia & Turkey

Stanley Black & Decker, Inc.


Date: 2 weeks ago
City: Riyadh
Contract type: Full time
Position Identification


  • Position Title: Kingdom of Saudi Arabia (KSA) & Turkey Controller
  • Organization: GTS EMEA ANZ | Controllership
  • Location: Preference KSA or Turkey (Virtual)
  • Reports to: Southern Europe and META Controller


Purpose of Position


  • This role is ultimately responsible for all Accounting, Controllership and Governance across the KSA & Turkey sub-regions, being directly accountable for all Commercial entities and activities, and indirectly accountable for the Operational entities and activities that role up into its numbers.
  • Ensuring the financial close runs to schedule, with high degrees of accuracy on both the P&L and Balance Sheet and ensuring transparency and early communication on the numbers is critical.
  • This role will ensure maintenance of a strong Controls and Compliance environment, training and educating the teams to ensure highest levels of understanding and adherence and supporting Internal and External Audit teams in their reviews of processes and compliance.
  • The KSA & Turkey Controller takes a hands-on leading role which enables senior management to have confidence in the accuracy and completeness of financial records and the effectiveness of the Controls environment. It will also require collaboration with other stakeholders in order to generate process improvements.
  • In this role you will work very close together with Global Shared Services (including R2R, P2P and OTC), FP&A and Commercial and Commercial Finance Teams.
  • This role could provide future career opportunities to potentially grow into other central and/or regional Finance roles


Main Responsibilities


  • Assure operating effectiveness of control environment performed via accounting and control assessments, quarterly controls checklists, DOA compliance, performance of balance sheet reconciliation review and inclusion of remediation tracking;
  • Maintain accurate, transparent and timely books and records with world class controls exceeding US GAAP;
  • Perform a three-day financial close with no surprises, including performing pre-close activities, month-end variance commentary and journal review and approval;
  • Provide accounting and process control guidance;
  • Own Balance Sheet and Account Reconciliations ;
  • Finance support for accounting systems integration and financial process implementation for significant changes/upgrades and acquisitions;
  • Support internal and external audit teams;
  • Liaison with other business functions to ensure appropriate accounting treatment for all business activities;
  • Work closely with P2P and OTC teams to ensure clean AR/AP sub-ledgers, efficient end to end processes and maximized Working Capital;
  • Ensure Compliance with US GAAP, SOX and all SBD Policies and Procedures;
  • Drive Standardization and process improvements locally, sharing best practices across the Cluster
  • Strengthen the local controls environment
  • Provide Guidance on Controllership Adjustments (E&O, Rebates, Warranty, Bad Debt etc.)


Education & Work Experience Required


  • SAUDI NATIONAL with 3+ years Accounting and/or Finance experience
  • Professional certification or partially qualified (Big Four Public Accounting preferred)
  • Experience in a dynamic, large international company environment; FMCG and US Company experience preferred
  • Experience working with SAP, Hyperion HFM or Enterprise systems preferred
  • Experience working within matrixed organization and with Shared Services structure preferred.
  • Proficiency in English required, Arabic language is preferred
  • Key Stanley Black & Decker Values & Behaviors
  • Agility & Performance
  • Courage & Innovation
  • Inclusivity & Collaboration
  • Integrity & Accountability


Key Competencies & Skills Required
Technical Skills:


  • Information Systems
  • Analytical Skills
  • Financial Accounting & Reporting
  • Reports & Presentations


Business Skills:


  • Process Management
  • Business Acumen
  • Fostering Innovation
  • Drive For Results
  • Priority Setting


People Skills:


  • Negotiation & Influencing
  • Building Collaborative Relationships
  • Decision Making
  • Inspiring Others
  • Personal Flexibility


Leadership Skills:


  • Navigate The Organization And Build Awareness Of Strategy
  • Empowering Others
  • Manage Change
  • Effective Communication


We Don’t Just Build The World, We Build Innovative Technology Too.

Joining the Stanley Black & Decker team means working in an innovative, tech-driven and highly collaborative team environment supported by over 58,000 professionals in 60 countries across the globe. Here, you’ll get the unique chance to impact some of the world’s most iconic brands including STANLEY TOOLS, DEWALT, CRAFTSMAN, MAC TOOLS and Black + Decker. Your ideas and solutions have the potential to reach millions of customers as we work together to write the next chapter in our history. Come build with us and take your career to new heights.

Who We Are
We’re the World’s largest tool company. We’re industry visionaries. We’re solving problems and advancing the manufacturing trade through innovative technology and our Industry 4.0 Initiative. We are committed to ensuring our state-of-the-art “smart factory” products and services provide greater quality to our customers & greater environmental and social value to our planet. We are unique in that we have a rich and storied history dating back to 1843, but that hasn't stopped us from evolving into a vibrant, diverse, global growth company.

Global Benefits & Perks
You’ll be rewarded with a competitive salary plus receive entitlements and benefits unique to your country of hire.

What You’ll Also Get
Career Opportunity: Career paths aren’t linear here. Being part of our global company with 60+ brands gives you the chance to grow and develop your skills along multiple career paths.

Learning & Development:

Our lifelong learning philosophy means you’ll have access to a wealth of state-of-the-art learning resources, including our Lean Academy and online university (where you can get certificates and specializations from renowned colleges and universities).

Diverse & Inclusive Culture:

We pride ourselves on being an awesome place to work. We respect and embrace differences because that’s how the best work gets done. You’ll find we like to have fun here, too.

Purpose-Driven Company:

You’ll help us continue to make positive changes in the local communities where we work and live as well as in the broader world through volunteerism, giving back and sustainable business practices.

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