Negotiable, Performance Bonus, Medical Insurance, Mobile Package, Training & Development Plans
Languages:
Arabic, English
Vacancies:
1
open
position
About the Job
Contribute to the development and implementation of the department's strategic priorities and goals, budget and business planning processes
Create and implement actionable short to medium term operational plans and budgets with operational KPIs linked to the department strategy
Manage, monitor and evaluate the department’s on-going performance and the quality of its outputs and services, identifying and initiating actions for improvement and innovation
Participate in the development of Company-wide Financial system that is appropriate to business needs
Establish and implement effective Financial policies that adhere to other company’s policies and generally accepted Accounting practices and meet statutory requirements
Develop annual budget, ensuring funding of all activities, monitor expenditures against approval levels and provide justification for significant variations
Conduct Budget forecasting activities as input for next year budget and also for mid course correction
Build strong and solid relations with key banks in territory to get the best financing and facilities rates
Set in coordination with the management the best achievable Returns On Investment (ROI) for Company projects.
Define and implement the cost allocation structures for the Company
Ensure that Company’s purchases and expenses adhere to agreed upon policies and procedures
Lead and coordinate the annual budgeting process
Ensure consistency and transparency of the annual budgets presented by all departments
Manage all existing and future investments of Company
Prepare the yearly financial statements
Submit weekly, Monthly, Quarterly and yearly reports to the Management and the Board as per standards and business needs
Have solid relationship with Company Investors and respond to their clarifications and queries
Manage and oversee the treasury function in delivering effective liquidity and cash management services as well as management of funds and investment
Direct, motivate and develop reporting staff to insure that performance is managed and that activities are carried out adequately
Oversee the accounts payable, accounts receivable and general ledger activities
Provide an efficient and readily accessible recording system of all accounting data and statistics to meet commercial and statutory requirements
Oversee the development and implementation of new accounting systems and procedures to meet the changing requirements and the anticipated future needs of the business
Manage the cash position of the Company to ensure sufficient funds are available in case of contingencies
Direct the maintenance of fixed asset records, related depreciation accounts, and provide interpretive assistance as to the proper capitalization/expensing of outlays and grouping of fixed assets to ensure consistency in accounting year over year
Generate commitment, motivation and enthusiasm for the Finance department
Provide clear direction, prioritize tasks, assign and delegate responsibility and monitor the workflow of the Finance team
Bachelor’s degree in Finance from a recognized university
Master’s degree is preferable
CMA/CFA certification is preferable
A minimum of 10 – 14 years experience in Finance/Accounting operations with at least 4 years of relevant work experience in senior position (within Finance domain)
Knowledge of end to end budgeting and planning systems and business processes
Experience in Construction and EPC business is preferable
Hands on experience of MS packages especially Spreadsheets. ERP awareness is an absolute advantage