Financial Control and Management
Communicate the approved strategic financial direction to the SBU s and accomplishes the approved objectives
Coordinate internal audit efforts by reviewing the annual audit plan, performs strategic analysis on audit findings and corrective/preventive measures taken
Conduct test controls at macro level mainly by inquiry and observation
Ensure that appropriate financial governance principles are adopted
Undertake and lead commercial feasibility studies for overseas activities or projects either independently or with assistance of external consultants
Effectively lead and assess the financial aspects of merger / acquisition assingments
Lead and coordinate the preparation of financial statements, financial reports, special analysis and information reports
Critically examine financial reports
Critically evaluate and oversee budget variance and examine financial reports for any unusual or out of sync matter
Control CAPEX, inventory management, to limit variances
Identify cost optimization opportunities within SBUs
Divide finance portfolio in social and economic segments and analyzes the same in terms of set objectives of long term sustainability and self-financial reliance
Analyze ERP, forecast cash flows & provide timely updates to stakeholders on financial standing.
Strategy & Business Plan
In conjunction with and as required by Upper Management, contribute to the formulation and implementation of strategy in line with vision and mission.
Budgets & Plans
Adhere to departmental budgets and ensure optimal utilization of all available resources
Systems & Processes
Implement approved departmental policies, processes and procedures, to ensure work is completed out in a controlled and consistent manner while delivering a world class service.
Ensure cost-efficient usage of all applicable resources to reduce wastage and unnecessary expense.
Share ideas and viewpoints to further streamline processes, thus driving efficiency and improvements across the organization
Ensure compliance with the governmental and company rules and regulations.
Develop effective reporting system and maximizes shareholders value.
HSE & Risk Management
Adhere to all relevant QHSSE procedures, instructions and controls so that provides a safe, world class, secure and environmentally responsible service to customers, the public and its own employees.
Motivate team members and contributes to the identification of opportunities to take part in change initiatives, programmes and projects that reflect international best practice and changes in the competitive environment
Conduct feasibility studies & provides advice on new business ventures / strategies
Perform continuous monitoring & improvement of accounting systems, internal controls & finance policies to ensure compliance with IFRS & accounting norms.
Provide guidance and direct input to the development plans and performance management of direct reports to meet the objectives.
Ensure development of the next generation of leaders capable of effectively managing the Finance function and delivering business objectives.
Lead the finance department team through active interaction & involvement to realize strategic goals.
Assume or accept any other responsibilities as assigned by the direct supervisor
1. CEO, Department Heads, Directors, Advisors - Strategy setting, information sharing, advice, counseling and reporting
2. SBUs- Implementation of financial processes and mechanisms
3. Finance Department- Information sharing, planning, decision making and performance management
4. Consultants, Auditors, Regulatory Bodies, Banks- Improve control environment through accounting means and harmonize reports across, Statutory compliance and value generation from audit effort
Minimum of 15 years relevant Finance experience
Minimum of 5 years should be in a similar CFO position / responsibility
Proven track record in financial management and experience with the development and management of budgets and major deals with banks and financial institutions
Retail/ Real Estate experience will be an absolute advantage
Experience with the management and implementation of contracts and understanding of government requirements
Bachelor Degree in Financial Accounting or any similar field
Master Degree in Finance, Economics, Business Administration or similar field is preferable
Must be a CPA or CMA designation
REQUIRED KNOWLEDGE, SKILLS, AND PERSONAL QUALIFICATIONS
Excellent command of English language
Hands on experience with ERP System
Male candidates are preferred
Maintain standards of conduct and high level of integrity and dependability
Capacity to provide leadership and develop innovative processes and ways of working
Excellent Interpersonal skills, ability to communicate and manage in a multi-cultural environment
Proven problem-solving skills. Ability to make decisions based on accurate and timely analysis
Trustworthy with confidential and sensitive company information
Excellent time management and organizational skills
Ability to consult and collaborate with others and work as an effective team member
Proficiency in computers