Netherlands Job Openings

SABIC - Saudi Basic Industries Corp.

Specialist, Controllership, Netherlands

Amsterdam

September 1, 2024


SPECIALIST, CONTROLLERSHIP, NETHERLANDS


DEPARTMENT

The NL Controllership organization is responsible for the following:

  • Ensuring IFRS compliance at all time in all internal and external reporting streams, providing timely and technically sound IFRS analyses and opinions on any relevant IFRS complex matters, demonstrating reasonable assurance and establishing sufficient internal controls over financial reporting;
  • Preparing the statutory financial statements of several SABIC subsidiaries
JOB PURPOSE & RESPONSIBILITIES
As team member of the NL Controllership team you will be responsible for preparing the financial statements of a number of legal entities within the SABIC group in compliance with local GAAP.
You need to understand the business dynamics and perform in depth analysis of the financials to ensure that the monthly IFRS group numbers are fairly stated before consolidation.
Your role is to identify risk areas for your ledger and make sure you have appropriate controls in place. You need to understand the various financial processes that apply to your entities.
Ad hoc projects are also part of your role and you will support any managerial reporting where needed.


In the Global Controllership organization, the Specialist, Controllership is responsible for the following:

  • Statutory reporting Dutch legal entities
  • Align & manage the external auditing procedures of the financial statements where applicable and support heavily the quarterly IFRS group audits
  • Ensure closing and financial reporting for all legal entities in the Netherlands
  • Perform analysis of SABIC‘s financial performance on legal entity level. Understand sales, costs trends, understand in detail the balance sheet positions. Your assessment of fairly stated is key.
  • Provide financial advice to management teams of legal entities in respective regions including upfront IFRS advice in business decisions. Address going concern, negative cash issues.
  • Evaluate material business transactions based on business insights and provide posting instructions to Global Financial Operations (GFO).
  • Provide improvement input on reconciliations, prepared by GFO to increase quality and standardization
  • Manage risk levels by obtaining assurance on B/S and P/L
  • Ensure compliance of legal entity financial reporting with SABIC accounting principles
  • Define period-end adjustments for all legal entities in respective regions
  • Review and approve handling of local regulatory financial reporting requirements
  • Validate and internally sign off IFRS financial statements / Local GAAP financial statements
  • Effectively interact, where applicable, with external advisors ensuring quality of deliverables and best in class cost profile of the services received;
  • Engage and manage the relationship with business finance team and leadership to ensure all the necessary regional information is complete, relevant and in line with high quality standard (sell-side);
  • Actively interact in the audit process (external auditors & internal auditors);
  • Engage and support the quarterly group audits, interim audit, pre-close audit, hard-close audit, yearend audit, PBC lists and subsequent audit procedures within the entire organization.
In addition the following general and strategic aspects must be covered by the incumbent:

  • Build and develop an effective relationship with the relevant counterparts inside and outside the corporate finance
  • On an ongoing basis, challenge the current reporting processes status quo to identify improvement opportunities; suggest and support design and implementation of operational improvements that will positively affect upon service and cost performance;
  • Promote finance teams knowledge with the rest of the Controllership team to improve the quality of reporting by sharing best practices.
MINIMUM EDUCATION/EXPERIENCE REQUIREMENTS
  • Master or bachelor degree in Financial Accounting & Controlling, or equivalent
  • Ability to work in a diverse, multicultural and hybrid environment
  • Deep knowledge of IFRS and Dutch GAAP practice
  • Proven track record in transaction service processes and best practice is required
  • Strong communication and analytical thinking.
  • 5 to 7 years of experience in Financial Accounting and/or Controlling roles within large company environment
  • Big 4 and/or Corporate experience is preferred
  • Good knowledge of Power Point, SAP and Excel proficiency
  • Accounting statutory requirements (IFRS and Dutch GAAP)
  • Fluent in written and spoken English, Dutch is a plus
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.


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