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Job Description
- Meets accounting financial objectives by forecasting requirements; preparing an annual budget; ensuring funding of all activities, scheduling expenditures; analyzing variances; initiating corrective actions.
- Conduct Budget forecasting activities as input for next year budget and also for mid course correction.
- Lead and coordinate the annual budgeting process.
- Prepare the yearly financial statements.
- Prepare taxation reports.
- 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 consistency and transparency of the annual budgets presented by all departments.
- 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.
- Oversee the accounts payable, accounts receivable and general ledger activities.
- 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/expending of outlays and grouping of fixed assets to ensure consistency in accounting System.
- Generate commitment, motivation and enthusiasm for the Finance department to insure that performance is managed and that activities are carried out adequately.
- Coordinate and complete annual audits and stock audit functions.
- Improve systems and procedures and initiate corrective actions.
Job Requirements
- Bachelor’s degree in Finance from a recognized university.
- CMA/CFA certification is preferable.
- A minimum of 15 – 20 years experience in Finance/Accounting operations with at least 7 years of relevant work experience in senior position (within Constructions Field)
- Knowledge of end to end budgeting and planning systems and business processes
- Experience in Construction is preferable.
- Hands on experience of MS packages especially Spreadsheets. ERP awareness; Microsoft Dynamics Axapta is an absolute advantage.
- Fluent in Arabic and English.
