Manager - Controllership

Job Title: Manager - Controllership Location: Riyadh, KSA Reporting To: Head - Finance KSA About STYLI Marketplace: STYLI Marketplace is an e-commerce concept founded in 2019 by Landmark Group, emerging as one of the larges fashion and beauty platforms in the GCC and India. With a strong focus on trendy, affordable fashion and beauty products, STYLI marketplace brings over 40,000 styles to men, women, kids, and beauty enthusiasts, offering them the latest global trends delivered directly to their doorsteps. Our vision is to be the most aspirational value fast fashion and lifestyle destination, delivering seamless service excellence. We aim to create personalized experiences, engaging customers across all touchpoints, and continually expanding our curated selection to meet their evolving need states. STYLI marketplace has quickly become a leading player in the e-commerce fashion space across the GCC - Saudi Arabia, UAE, Bahrain, and Kuwait and in India. Job Description: We are looking for an experienced Controller to lead Styli KSA's controllership, accounting operations, financial close, P2P, O2C, financial reporting, internal controls, and statutory compliance. The role will ensure the accuracy, completeness, timeliness, and integrity of financial information and transaction flows, while partnering closely with FP&A and business teams to support informed decision-making. 1. Controllership & Financial Close • Lead monthly, quarterly, and annual financial close, ensuring accurate and timely reporting. • Oversee GL, journal entries, accruals, provisions, fixed assets, inventory accounting, and balance-sheet reconciliations. • Ensure appropriate accounting treatment, cut-off, documentation, and audit trails. • Prepare and review financial statements and management accounts. 2. P2P & O2C • Oversee end-to-end Procure-to-Pay and Order-to-Collect processes, including AP, AR, supplier payments, billing, collections, refunds, and settlements. • Ensure appropriate controls over invoices, vendor/customer master data, approvals, and payment processes. • Monitor AP/AR aging, disputes, overdue balances, and key process exceptions. • Ensure accurate accounting of sales, returns, refunds, discounts, VAT, commissions, and other transactional flows. 3. Payments & Reconciliations • Oversee bank, payment gateway, BNPL, marketplace, and settlement reconciliations. • Ensure timely resolution of unmatched transactions, suspense accounts, payment differences, and aged reconciling items. 4. Financial Reporting & Working Capital • Provide accurate actual financial results, management accounts, and supporting analysis. • Monitor working capital including inventory, receivables, payables, advances, and cash. • Partner with FP&A by providing reliable actuals, financial data, and accounting insights for budgeting, forecasting, and business planning. • Work with Supply Chain and Operations to strengthen inventory and working capital controls. 5. Compliance, Audit & Controls • Ensure compliance with IFRS, KSA VAT, Zakat, e-invoicing, withholding tax, and other applicable requirements. • Coordinate external and internal audits and ensure timely closure of audit findings. • Design and maintain effective finance policies, SOPs, approval matrices, segregation of duties, and internal controls. • Identify and mitigate financial, operational, and process risks. 6. Systems & Process Improvement • Strengthen finance processes and controls across ERP, e-commerce, payment, warehouse, and operational systems. • Drive automation, standardization, and improved transaction-level visibility. • Partner with Technology and business teams on finance system enhancements, integrations, UAT, and process improvements. • Ensure D365/ERP and related systems provide reliable and controlled financial information. 7. Team & Stakeholder Management • Lead and develop the controllership, AP, AR, P2P/O2C and reconciliation teams, including relevant shared-service teams. • Establish clear SLAs, ownership, controls, and performance standards. • Partner closely with FP&A, Commercial, Procurement, Supply Chain, Operations, Technology, Tax, Legal, and senior management. Qualifications & Experience: • Bachelor's degree in Accounting, Finance, or a related discipline. • Professional accounting qualification such as CA, ACCA, CPA, CMA or equivalent is preferred. • 6+ years of relevant finance and accounting experience, with significant experience in controllership or financial accounting roles. • Strong experience in month-end close, financial reporting, GL, reconciliations, AP/AR, P2P and O2C. • Experience in e-commerce, retail, marketplace, FMCG, or a high-volume transactional environment is preferred. • Strong knowledge of IFRS and KSA VAT, Zakat, e-invoicing and other statutory requirements. • Experience managing internal and external audits and financial controls. • Experience with ERP systems such as Microsoft Dynamics 365 and finance automation/BI tools is preferred. • Strong analytical, problem-solving, communication, and stakeholder management skills. • Ability to operate in a fast-paced, high-growth environment and drive process improvement and automation At Styli, we are committed to fostering an inclusive and diverse workplace where every employee feels valued, respected, and empowered. As an equal opportunities’ employer, we celebrate the unique backgrounds, perspectives, and talents of our team members. We believe that a diverse workforce drives innovation and enhances our ability to serve our customers effectively. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, or any other legally protected status. We are dedicated to creating an environment where everyone has the opportunity to thrive and succeed.

Bachelor's degree in Accounting, Finance, or a related discipline. Professional accounting qualification such as CA, ACCA, CPA, CMA or equivalent is preferred. 6+ years of relevant finance and accounting experience, with significant experience in controllership or financial accounting roles. Strong experience in month-end close, financial reporting, GL, reconciliations, AP/AR, P2P and O2C. Experience in e-commerce, retail, marketplace, FMCG, or a high-volume transactional environment is preferred. Strong knowledge of IFRS and KSA VAT, Zakat, e-invoicing and other statutory requirements. Experience managing internal and external audits and financial controls. Experience with ERP systems such as Microsoft Dynamics 365 and finance automation/BI tools is preferred.

Lead monthly, quarterly, and annual financial close, ensuring accurate and timely reporting. Oversee GL, journal entries, accruals, provisions, fixed assets, inventory accounting, and balance-sheet reconciliations. Ensure appropriate accounting treatment, cut-off, documentation, and audit trails. Prepare and review financial statements and management accounts. Oversee end-to-end Procure-to-Pay and Order-to-Collect processes, including AP, AR, supplier payments, billing, collections, refunds, and settlements. Ensure appropriate controls over invoices, vendor/customer master data, approvals, and payment processes. Monitor AP/AR aging, disputes, overdue balances, and key process exceptions. Ensure accurate accounting of sales, returns, refunds, discounts, VAT, commissions, and other transactional flows. Oversee bank, payment gateway, BNPL, marketplace, and settlement reconciliations. Ensure timely resolution of unmatched transactions, suspense accounts, payment differences, and aged reconciling items. Provide accurate actual financial results, management accounts, and supporting analysis. Monitor working capital including inventory, receivables, payables, advances, and cash. Partner with FP&A by providing reliable actuals, financial data, and accounting insights for budgeting, forecasting, and business planning. Work with Supply Chain and Operations to strengthen inventory and working capital controls. Ensure compliance with IFRS, KSA VAT, Zakat, e-invoicing, withholding tax, and other applicable requirements. Coordinate external and internal audits and ensure timely closure of audit findings. Design and maintain effective finance policies, SOPs, approval matrices, segregation of duties, and internal controls. Identify and mitigate financial, operational, and process risks. Strengthen finance processes and controls across ERP, e-commerce, payment, warehouse, and operational systems. Drive automation, standardization, and improved transaction-level visibility. Partner with Technology and business teams on finance system enhancements, integrations, UAT, and process improvements. Ensure D365/ERP and related systems provide reliable and controlled financial information. Lead and develop the controllership, AP, AR, P2P/O2C and reconciliation teams, including relevant shared-service teams. Establish clear SLAs, ownership, controls, and performance standards. Partner closely with FP&A, Commercial, Procurement, Supply Chain, Operations, Technology, Tax, Legal, and senior management.