Consulting, Accounting Advisory - SM/Director (TMT Sector) - Riyadh

Date: May 5, 2024

Location: Riyadh, SA

Company: PwC MiddleEast

Business Unit Description

Why PwC

Established in the region for over 40 years, PwC Middle East employs over 6,000 people across 12 countries: Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, Qatar, Saudi Arabia, Palestine and the United Arab Emirates. Complementing our depth of industry expertise and breadth of skills is our sound knowledge of local business environments across the Middle East region. Our tailored solutions help our clients meet the challenges and opportunities of doing business in the Middle East market, and beyond.

BU Description

PwC is a global professional services firm that provides a range of Finance & Accounting consulting services to clients in various industries. Some of the finance & accounting consulting services that PwC offers include Accounting Advisory, Finance Transformation, Economics & Sustainability, AL&V, Government Reporting, and shift SAP. The services that PwC provides are designed to help clients improve their financial performance, manage risk, and meet regulatory requirments.

Job Summary

PwC is a market-leading professional services firm in the Middle East, renowned for its innovative and transformative consultancy work. With a strong foothold in the region, PwC continues to drive the industry forward, offering comprehensive solutions and insights that create lasting value for clients. The Accounting Advisory practice, a critical operating unit within the firm, is dedicated to delivering significant and sustainable growth for the finance and accounting consulting practice, solidifying PwC's position as a trusted advisor in the Middle East.

The Accounting Advisory practice, as a pivotal operating unit, continues to drive substantial and profitable growth for the finance and accounting consulting practice, solidifying PwC's position as a trusted advisor in the region.

PwC seeks a dynamic and results-driven Director to spearhead its Accounting Advisory team in Riyadh. This critical leadership position requires a minimum of 13 years of experience in the finance and accounting sector, with a strong emphasis on cultivating business opportunities and securing key engagements. The successful candidate will play a pivotal role in driving the expansion and success of the Accounting Advisory practice, contributing to the development and execution of impactful projects with a main focus on TMT (Telecom, Media and Technology) in Saudi Arabia.

Roles & Responsibilities

The role sits within a rapidly growing part of the Accounting Advisory team. You will have access to all of the latest training and development tools and the support of the wider PwC network. You will be part of the product leadership team and will be provided with the opportunity to contribute in our medium to long term strategy.

As a Director, you will be required to be part of the product leadership team in building a long term vision and strategy to continue growing the business. 

  • You will also take ownership for development of the Accounting Advisory and Structuring offering in the Middle East market and in setting budget goals and driving to meet budgeted performance. Alongside key business development activities and shall start both lead pursuing opportunities and leading their delivery.
  • You will also be required to possess strong project management skills as the delivery role requires client management, project budgeting and finance management, coaching and resource management on a portfolio of clients.
  • A key part of delivery will be the creation, review and delivery of complex client deliverables which will include executive level reporting through to detailed documentation.
  • You will be required to have experience and expertise in designing transaction structures and solutions for complex transactions including IPO, M&A, group reorganisations and financial instrument design. As part of this you should have experience in identifying and assessing potential transaction structure options and then supporting clients with detailed implementation steps.
  • With the appropriate guidance, you will be required to develop yourself personally, taking a keen interest in the Accounting Advisory and Structuring offering and the impact on our clients so you can help shape their thinking and our success in the market.
  • Similarly, you will be required to coach and develop the more junior members in the team.
  • The role also requires the candidate to have a strong knowledge of IFRS and being able to both review and prepare technical papers for discussion with global industry experts and apply his critical thinking to provide our clients with high value and technically robust solutions.
  • You will be serving our local clients, but also working with colleagues across the Middle East region.
  • You are also anticipated to have a large amount of interaction with the other PwC lines of services (such as tax, legal, deals, etc.) which requires a high-level understanding of the wider PwC offering and trends outside your core area of expertise.
  • The ideal candidate should have a strong problem solving mindset in addition to being robust in accounting technical matters.
  • You will be expected to build and maintain positive, productive and professional relationships with clients and colleagues.
  • You will be expected to have significant interactions with senior company management teams, bankers, lawyers and other advisors typically involved in high profile regional transactions.

Skills and Competencies

  • Achievement oriented with the ability to be flexible and adaptive on a daily basis.
  • Have a business development mindset – with a focus on winning work and building the pipeline for the Accounting Advisory and Structuring product in the Middle East market.
  • Work independently and as part of a team with a fast paced and a high energy that will translate into a high quality output.
  • Strong interpersonal skills and the ability to inspire and motivate junior team members.
  • Excellent organisational skills, having the ability to prioritise workload whilst being resilient and being able to cope well under pressure and meeting tight deadlines – including managing multiple projects and opportunities.
  • In-depth understanding of IFRS and general accounting principles.
  • Strong interest and passion for enhancing technical accounting skills.
  • Ability and willingness to travel within the Middle East and worldwide where the project dictates.
  • Language Skills: Fluent in English. Excellent communication skills (verbal and written).

Educational Qualifications & Certifications

Education:

  • Bachelor’s degree or equivalent in business studies, accounting or finance

 

Qualifications:

  • The following qualification(s) are mandatory for the candidate to perform the role: ACA, ACCA, CPA

 

Experience:

  • 13+ years of audit or other relevant experience in a Big 4 firm.
  • Deep understanding of transaction accounting in a deal environment.