SENIOR MANAGER CHART OF ACCOUNT & VALUE FLOW, CONSOLIDATION


JOB PURPOSE & RESPONSIBILITIES
Chart of Accounts and global consolidation Co E: Custodian of SABIC's global Chart of Account, as the skeleton of the finance information landscape and one of the major means of governance as well as the prerequisite for a reliable record-to-report process - that is in accordance with the IFRS requirements (as set out by the technical accounting team) and fit for purpose of SABIC statutory and managerial reporting needs. Roll out the chart of accounts and standardized chart of accounts to all the legal entities and affiliates across the different regions and ensure full consistencies at consolidated level.
Ensuring IFRS-compliant and auditable consolidation processes, mitigating risks of misstatements from wrong consolidation and intercompany elimination.
The Key responsibilities for the Chart of Accounts and global consolidation Co E snr manager is:

• Lead to design SABIC's global Co A in accordance with the SABIC accounting standard and policy, management reporting needs; reflect the needed visibility for business decision, and; enable the control required for data quality.
• Defining reliable automated account determination across all non-finance functions globally, thereby reducing cost and increasing reliability.
• Designing automated value flows, e.g. by defining and maintaining Field Status Groups.
• Defining and enforcing a manageable universal ledger in SAP across all legal entities world-wide.
• Establishing connectivity into SABIC consolidation and into Aramco Reporting.
• Establish and implement governance to maintain and enhance the Chart of Account
• Ensure and improve the connection among the SGAAP( Sabic Accounting Principle), SAM ( Sabic Accounting Manual) and the Chart of Account in SABIC IT systems to avoid discrepancies and safeguard compliance at both consolidated and statutory level
• Enabler to ensure a smoother transition to S4/Hana in the future by governing end-to-end the SABIC global value flows
• Lead the global consolidation Co E team to deliver a fully automated consolidation tool that fits into the SABIC legal/statutory/tax consolidation needs and are up-to-date based on the changing business environment (eg. divestment/investment, restructuring etc).
• Collaborate with upstream teams to constantly identify and resolve the upstream issues (process, system) related to consolidation and Co A.
• Participate in projects impacting the Co A / reporting in SABIC and provide guidance / secure Co A and reporting governance.
• Trigger enhancements and improvements in the global consolidation and reporting process

MINIMUM EDUCATION/EXPERIENCE REQUIREMENTS

• Expert knowledge in process/system, able to develop global policy/guideline balancing governance/control vs. flexibility/agility, external vs. internal requirements, depth vs. simplicity and global vs. local requirements.
• Holistic knowledge of entire finance cycle from accounting to controllership to business performance mgmt. Be able to drive a comprehensive solution that fits the requirements of all finance domain.
• Strong project leadership at the global scale, able to deliver success and drive results for projects that generates sizable global impacts.
• University degree in Finance/Accounting
• Ability to work in a diverse, multicultural and hybrid environment
• Good Knowledge of IFRS
• Proven track record in transaction service processes and best practice is required
• Strong communication and analytical thinking
• Former SAP FICO consultant can be advantageous
• 9+ years in management position, experience in managing a global team will be an added plus.
• Broad experience in finance, account and reporting processes and systems
• Conceptual thinking / Design thinking ability, with strive for simplification of complex issues
• Strong change management skills and ability to drive performance and delivery oriented organizational climate/culture
• Ability to nurture talents and contribute to the development of global talent pool of SME areas

FURTHER INFORMATION
Interested in this position?
Please apply online by sending us your CV and motivation letter in English. Due to data privacy reasons, we do not handle any applications sent by email. For additional questions you can contact: Recruiter Piotr.Szczerba@sabic.com.


Please be informed that a reference check, an employment verification and E-assessment are part of our recruitment process. A Certificate of Good Conduct can be requested depending on the level of the role in our organization and/or function, allowing us to request depending on local regulations.


Responses from employment agencies will not be considered.


ABOUT SABIC
SABIC is a global diversified chemicals company, headquartered in Riyadh, Saudi Arabia. It manufactures on a global scale in the Americas, Europe, Middle East and Asia Pacific, making distinctly different kinds of products: chemicals, commodity and high performance plastics, agri-nutrients and metals.
SABIC supports its customers by identifying and developing opportunities in key end-use applications such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy.
Production in 2022 stood at 61 million metric tons.
The company has more than 31,000 employees worldwide and operates in around 50 countries. Fostering innovation and a spirit of ingenuity, SABIC has 9,948 patents and pending applications, and has significant research resources with innovation hubs in five key geographies – USA, Europe, Middle East, South Asia and North Asia.
In Europe, we have over 5,000 professionals running multiple world-scale production sites and 4 technology and innovation centers. We are present in almost every European country. Major locations within our broad network of innovation, production and marketing are: Teesside (UK), Cartagena (Spain), Gelsenkirchen (Germany), Geleen (the Netherlands), Bergen op Zoom (the Netherlands) and Genk (Belgium).


SABIC is committed to creating a diverse work environment and is proud to be an equal opportunity employer and as such will not discriminate in its employment practices, including recruiting and hiring practices, based on a person’s race, color, religion, national origin, citizenship, sex (including gender identity, sexual orientation and pregnancy), age, disability, genetic information, veteran status, or other characteristics protected by law.