Finance Manager

Strategic Responsibilities:

• Participates in the development of company’s strategy and contributes to the overall process of management and corporate decision making along with other members of the Executive Team.
• Supporting top management in making financial and investment decisions.
• Leads and manages the annual budget preparation process and secures subsequent approvals, tracks expenditure and ensures adherence to the budget.
• Lead negotiates with other companies regarding actions such as mergers, acquisitions, or joint ventures.
• Manages and controls the operating framework for the Finance Department, provides guidance and support, ensures implementation and review of work processes in order to achieve high performance standards and compliance with organizational policies, procedures and standards.
• Recommends improvements to Finance Department policies and leads the implementation of procedures and controls covering all areas of activity so that all relevant procedural/legislative requirements are fulfilled while delivering quality services.
• Develops and implements strategic plans for own Finance Department

Core Responsibilities:

• Guides and oversees the execution of the annual budgeting process for the functions in order to ensure that budgeting requirements are aligned to the strategic goals and objective of the organization.
• Monitors the overall financial performance to ensure awareness of anticipated costs / revenues, excesses / deficits, areas of unsatisfactory performance and potential performance improvement opportunities.
• Ensures efficient and effective management of company’s finances through all necessary financial controls, systems and processes, and ensures accuracy and integrity of the company’s financial records.
• Leads the development of financial policies, guidelines and standards in line with company’s Middle East’s corporate guidelines, reporting requirements and international accounting standards.
• Serves as the principal contact with external auditors and ensures that they are provided close cooperation and assistance in the discharge of their responsibilities.
• Oversees and directs all financial accounting activities related to accounts payables, accounts receivables, general ledger and cash management.
• Ensures the company is in complaint with the regulatory requirements from GAZT – Zakat, Value Added Tax, Property Tax and Withholding Tax.
• Ensures completeness, accuracy and timeliness of all financial reporting including the coordination and completeness of annual audit reviews, and ensuring compliance with all legal and statutory requirements.
• Provides guidance and advice, related to the management of cash flow, cost controls and expenses for different functions identifying potential financial opportunities and weaknesses and recommending corrective actions.
• Oversees the project finance process and liaises with banks, financial institutions and any other creditor for arrangement of funds, if necessary.

People Management

• Defines and facilitates the achievement of goals and key performance indicators for direct reports and ensures effective implementation of the performance management process in the Finance Department.
• Providing ongoing feedback, coaching and development opportunities to individuals to enable achievement of their defined goals.