Financial Director

Primary Tasks:

• Work on the setting and the implementation of an effective strategic planning for business issues.
• Preparing the company budget in an annual basis and regular monitoring or deviation.
• Conducting financial analysis and preparing financial reports .
• Ensure compliance with financial legislation, policies and procedures and adhere to government tax policies and other guidelines.
• Provide financial advice and guidance to departments under his/her responsibilities.
• Ensure the implementation of an effective automated system of areas under his/her responsibilities.
• Manage accounting and financial systems and ensure maintaining full and accurate accounting records
• Ensure proper allocations of spending per department.
• Monitor department spending, provide monthly expenditure report per department and recommend corrective actions as necessary.
• Attend business meetings and make presentations as needed.
• Monitor the purchasing system
• Respond to auditors’ comments concerning finances and operations and oversee required action to address deficiencies
• Implement and monitor payment authority practices
• Establish and maintain cash controls
• Manage investments and reserves
• Reconcile general ledger accounts

People Management:

• Ensure the recruitment and selection of highly skilled staff and attend assessment centers / panel interview when needed.
• Effective performance management of supervisor staff by regularly reviewing performance management plans (quarterly review)
• Regular review of performance and progress of implementation of plans against agreed metrics
• Develop systems that will enhance team motivation and commitment and recognizing successes
• Utilization of all reward & recognition tools to leverage performance
• Implement performance improvement plan when needed.
• Ensure to have a development plan for supervisor staff and work on filling the gap through refreshment sessions and recommendations of training programs.
• Guide and coach team to improve their efficiency. Plan for their training and development to acquire new skills.
• Develop effective succession plan within his/her team and work on developing potential talents to grow them for future roles.
• Give special assignments and delegations to members of his/her line as appropriate with the purpose of their development to prepare them to be future leaders.
• Encourage knowledge transfer among staff members.
• Ensure and maintain good communication behavior and healthy environment among colleagues.