Job Description
Maersk is a global leader in integrated logistics and have been industry pioneers for over a century. Through innovation and transformation, we are redefining the boundaries of possibility, continuously setting new standards for efficiency, sustainability, and excellence. As a company, Maersk promotes a culture of honesty and integrity. Our focus on our people is what sets us apart and keeps our customers coming back to work with us!
This is an incredible and exciting role to set up and manage the financial activities of Maersk Logistics Park (MLP) in Jeddah, Saudi Arabia which will start Operations soon. MLP is +200,000 sqm multi-purpose facility located at Jeddah Port that was recently built using cutting edge technologies. The site is the most recent example of how Maersk can deliver on its integrator strategy by serving our customers with end-to-end container-logistics solutions. The MLP Finance Lead role involves direct work on Costing, Pricing, Controls & Compliance, Cash, and Tax.
Maersk is a global leader in integrated logistics and have been industry pioneers for over a century. Through innovation and transformation, we are redefining the boundaries of possibility, continuously setting new standards for efficiency, sustainability, and excellence.
At Maersk, we believe in the power of diversity, collaboration, and continuous learning and we work hard to ensure that the people in our organization reflect and understand the customers we exist to serve. With over 100,000 employees across 130 countries, we work together to shape the future of global trade and logistics.
Join us as we harness cutting-edge technologies and unlock opportunities on a global scale. Together, let's sail towards a brighter, more sustainable future with Maersk.
Key Responsibilities:
Overseeing the day-to-day financial transactions with accuracy and in compliance with regulations, accounting fundamentals and standards.
Working closely with Finance Operations (FinOps) and Business Controlling (BCO) teams on Variable Cost, Pricing, Invoicing, and Pass-through cost.
Having in-depth understanding of the business operational drivers and takes ownership of overall performance.
Engaging with Operations team to stay updated on business developments that impact performance.
Producing relevant management reports, gap analysis and co-create improvement plans with the Operations team.
Using balanced and independent evaluation to provide data, challenge performance deviation from target, and drive business decisions across multiple stakeholders and management levels.
Contributing and helping to deliver on cost saving plans.
Managing MLP profitability at product-level, customer-level, and total site vs. approved Business Case and vs the Budget. Responsible for identifying trends and sharing insights to the business.
Playing a critical role in building MLP quarter and annual financial forecast.
Supporting the deliverables of the Accounting Manager and Finance Business Partners by providing insightful MLP-related business analysis and commentary on a timely basis.
P&L ownership for MLP.
Closely controlling CAPEX spend vs. approved Business Case, ensuring capitalization is compliant with Maersk accounting standards.
Developing asset inventory and monitor asset register in the system with periodic physical asset count.
Closely controlling MLP-related SG&A cost, deep-dive analysis on actual performance vs. forecast, identifying trends and plans to optimize costs.
Facilitating the financial activities for the site (payments, process setup, reconciliation, customer on-boarding, etc).
Supporting in Working Capital and funding requirements.
Supporting in Automation and System Integration.
Interaction with Implementation team to ensure meeting necessary license/local legal requirements.
Establishing controls framework on site accounting and operational process and ensuring adherence to Maersk standards & BCO requirements.
Supporting Procurement and HSSE organization on third party vendor management.