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Air Liquide

Industrial and medical gas provider

Investment Controller

Full-TimeUpdated on 10/23/2026
No salary listed
Mid
Bachelor's
Neihu District, Taiwan+1 moreMore locations: Malaysia
In Person
Finance & BankingCorporate Finance & FP&A

About the job

Requirements
  • A degree in Finance, Accounting, Engineering, or a related discipline.
  • At least 3 years of financial control, investment accounting, or analytical experience; experience in capital-intensive sectors such as industrial gas, energy, or industrial infrastructure is preferred.
  • Basic finance knowledge, including profit and loss through Operating Income, capital expenditure, and operating expenditure terminology, and hands-on Power BI experience.
  • Advanced proficiency in Google Workspace (Sheets, Docs, Slides) or equivalent Microsoft applications.
  • Numerical proficiency, time management, adaptability, autonomy, and problem-solving ability to meet strict deadlines.
  • Experience managing stakeholder relationships collaboratively and influencing cross-functional teams.
  • Ability to communicate complex financial topics clearly and concisely and to be assertive when driving policy outcomes.
Responsibilities
  • Maintain a regional portfolio view of investment opportunities, projects under execution, and future profit and loss contributions from project startups and ramp-ups across the EAP cluster.
  • Manage capital expenditure budgets and related reporting, and oversee the investment process in accordance with internal governance.
  • Track investment portfolios, CO2 emission variances, and project contributions for regular reporting to Group consolidation tools.
  • Work directly with the Chief Financial Officer to forecast and anticipate funding requirements based on need.
  • Optimize day-to-day use of internal digital finance tools and provide transition support during the company-wide migration project.
  • Execute standard capital expenditure operations and communicate budget utilization for allocated regions; work with Global Business Services Finance in Kuala Lumpur to improve project administration and fixed asset capitalization; contribute to or lead the Normal cluster memo for the Regional Investment Committee.
  • Lead the end-to-end special investment process as the Investments business partner for Business Development, reviewing business cases, project notes, and financial models; secure timely approvals; track key milestones (FIP, SUP/RUP); support asset capitalization; and use AI tools to optimize workflows.
  • Prepare depreciation and amortization forecast and status reports with commentary, and flag potential and existing project overruns.
  • Monitor and analyze investment performance against benchmarks and internal targets, explain variances, and support strategic target and reforecasting exercises for the Investment Decisions portfolio and its overall profit and loss contribution.
Desired Qualifications
  • Experience in capital-intensive sectors such as industrial gas, energy, or industrial infrastructure.

About the company

Air Liquide produces and supplies industrial and medical gases, such as oxygen, nitrogen, hydrogen, argon, and specialty gases, to manufacturers, healthcare providers, electronics, and energy companies. It operates through production plants, pipelines, cylinder networks, and on-site supply units, and it also designs and builds gas production and separation systems, including cryogenic air separation plants and large electrolyzers, via its engineering arm. Its Gas & Services business serves industry and healthcare and it is a major producer of hydrogen, investing in low-carbon hydrogen projects and electrolysis as part of industrial decarbonization. It serves the semiconductor industry and space programs as well. Its goal is to enable industrial decarbonization and the energy transition by providing reliable gases and engineering capabilities for large-scale gas production, hydrogen supply, and on-site services.

Company Size

10,001+

Company Stage

IPO

Headquarters

Paris, France

Founded

1902

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Simplify's Take

What believers are saying

  • Q2 2026 comparable sales grew 3.5%, and electronics project decisions topped €1 billion.
  • Air Liquide said H1 2026 industrial investment decisions reached €2.9 billion, up 26%.
  • The Taichung, Taiwan plant opened March 25, 2026, serving AI chipmakers.

What critics are saying

  • Elliott built a stake August 31, 2026, and demands margin improvement and more buybacks.
  • Air Liquide executed only €167 million of buybacks in early 2026, versus Linde's $4.6 billion.
  • Electrolyzers and chip plants need flawless commissioning; Normand'Hy, ELYgator, and Taiwan delays defer returns.

What makes Air Liquide unique

  • Air Liquide runs 54 semiconductor facilities in Taiwan and a first local advanced materials plant.
  • Its Normandy hydrogen network links pipelines, electrolyzers, CCS, and TotalEnergies contracts.
  • DIG Airgas, closed January 13, 2026, doubled South Korea workforce and scale.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Remote Work Options
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays

Growth & Insights and Company News

6 month growth

5%

1 year growth

5%

2 year growth

6%
MarketScreener
Oct 6th, 2026
Air Liquide raises $2.3B in multi-tranche bond to fund BEYOND 2030 strategic plan

Air Liquide has successfully issued a €2 billion multi-tranche bond following its Capital Markets Day and announcement of its BEYOND strategic plan. The bond, significantly oversubscribed by investors, was executed under the Group's Euro Medium Term Note programme with 2-year, 5-year and 10-year maturities. The weighted average interest rate is below 4.00% per annum, considering pre-hedging arrangements. The proceeds will finance general corporate purposes and debt refinancing. The issue will be rated "A" by Standard & Poor's and Scope Ratings and "A2" by Moody's. Chief Financial Officer Jérôme Pelletan said the issuance reflects investor confidence in implementing the company's new BEYOND strategic plan for 2030.

Euronext
Sep 7th, 2026
Activist investor Elliott builds Air Liquide stake, pushes for changes, sources say | live

By Svea Herbst-Bayliss NEW YORK, Aug 31 (Reuters) - Activist investor Elliott Investment Management has built a stake in Paris-based Air Liquide and is urging the French multinational company to improve its margins, sources familiar with the matter told Reuters.

Air Liquide
Jul 6th, 2026
Air Liquide invests over 170M USD in the U.S. to support SK hynix’s ambition to build a global AI memory ecosystem | Air Liquide

Air Liquide invests over 170M USD in the U.S. to support SK hynix’s ambition to build a global AI memory ecosystem

Yahoo Finance
May 1st, 2026
Air Liquide's fair value rises to $224 as analysts lift targets to $234

Air Liquide's fair value estimate has shifted from €196.58 to €198.15, moving closer to external analyst targets clustered around €206 to €207. Recent analyst activity, including raised price targets from Citi (to €207 from €195) and Berenberg (to €206 from €202), alongside upgrades from Kepler Cheuvreux and Morgan Stanley, reflects growing confidence in the company's revenue and cash flow potential. The company recently announced significant investments, including over $350 million for oxygen and nitrogen supply to HYUNDAI-POSCO Louisiana's facility, €200 million for industrial gas units in Hiroshima, and completion of an Advanced Materials plant in Taiwan. An upcoming Analyst and Investor Day is expected to provide further details on medium-term priorities and capital allocation.

World-Energy
Apr 1st, 2026
Air Liquide launches $565M green bond to refinance hydrogen and sustainability projects

Air Liquide has launched its first green bond issue, raising €500 million to finance and refinance sustainable projects including hydrogen development. The 10-year bond was issued at a yield of 0.461% under the group's Euro Medium Term Note programme. Proceeds will refinance Air Liquide's September 2021 bond maturities and support the company's long-term growth. The issuance follows ambitious sustainable projects announced in March, particularly focused on reducing CO2 emissions. Fabienne Lecorvaisier, Executive Vice-President of Finance and Operations, said the transaction demonstrates investor confidence in Air Liquide's sustainability commitments. The company plans to become a regular issuer of sustainable bonds, integrating ESG considerations with economic and financial performance in its growth strategy.