Ensure that the legal entity financial reporting is prepared on a timely manner in accordance with both KONE Accounting Standards and statutory requirements.
Ensure that all defined tasks in the month-end closing process executed by finance operations partner(s), KONE Business Services and the finance Global Process Owners (GPOs) are performed for a unit
Collaborate with the finance operations partner(s), KONE Business Services (KBS) and finance GPOs on close activities, providing local business insight and supporting evidence on account movements
Ensure that proper balance sheet reconciliation is prepared for the legal entity in accordance with the KONE balance sheet reconciliation policy
Ensure timeliness, completeness and accuracy of both legal entity and business line/unit results and forecasts in KONE consolidation system (CPM Beacon) in collaboration with business controllers
Organize and run periodic financial performance and balance sheet reviews with Finance Director, Business Controllers, KONE Business Services and finance operations partner(s)
Ensure forecasting of statutory income statement and balance sheet items, bridging between business forecasting and legal entity view
Ensure that statutory and tax reporting are filed in accordance with both, the local legislation and globally agreed timelines
Ensure that annual dividends are distributed in accordance with the KONE dividend policy
Manage audit process ensuring that both group as well as statutory audit is conducted in accordance with globally defined scheduled and scope
Continuous follow-up of local legislation and understanding of potential impacts to our business and financial reporting. There should be proactive communication of these on to both, local and global stakeholders
Approve payment proposals and authorize manual payments in accordance with KONE policy.
Advise business on bank guarantees, provide approvals, and collect back bank guarantees
At month-end, review and summarize legal entity financial result and performance and balance sheet in cooperation with business controllers to validate completeness and accuracy of both financial and management reporting and forecasting.
Job Requirements
Bachelor’s degree in Accounting.
Over 10 years of experience in a similar role, with a strong background in financial operations and reporting.
Proven experience within an audit framework, demonstrating compliance and governance capabilities.
Proficient in Microsoft Office applications, including Word, Excel, and PowerPoint.
Excellent communication and interpersonal skills, with fluency in both English and Arabic.
Strong analytical mindset with keen attention to detail.
Demonstrated ability to collaborate effectively with global teams across different time zones, languages, and cultural working styles.
CPA or CMA certification is a strong advantage.
Proficient in SAP.