Director Financial & Contract Management

Norconsult Telematics

Job Description & Responsibilities:

• Develop and implement financial and contract management strategies aligned with operational and organizational objectives.
• Provide direction and leadership to the Financial & Contract Management Department to ensure high performance and continuous improvement.
• Contribute to operational planning, driving efficiency, transparency, and accountability across all financial and contractual activities.
• Lead preparation, management, and monitoring of budgets for the Operations Sector.
• Coordinate with finance teams to secure approvals, track utilization, and ensure adherence to budgetary controls.
• Review budget variances, financial forecasts, and performance reports; recommend corrective actions to meet financial targets.
• Ensure cost allocation and reporting processes comply with established accounting standards and internal policies.
• Conduct financial performance analysis, P&L reviews, and cost optimization assessments.
• Identify financial risks within operations and propose mitigation strategies.
• Develop financial models and reports to support strategic decisions and operational planning.
• Oversee drafting, evaluation, and execution of all operational contracts, ensuring compliance with policies and regulations.
• Ensure contracts are technically and financially sound, reflecting agreed terms and service levels.
• Coordinate with procurement and legal teams on negotiations, contract renewals, and dispute resolutions.
• Supervise vendor selection, evaluation, and performance monitoring to ensure quality and cost-effectiveness.
• Maintain strong relationships with suppliers and contractors to achieve service excellence.
• Approve payments, manage financial penalties, and oversee contract closures in alignment with agreed deliverables.
• Ensure accurate documentation and timely reporting of all financial and contractual data.
• Provide periodic financial and operational expenditure reports to management.
• Support data-driven decision-making by maintaining up-to-date records and performance dashboards.
• Review existing systems and processes to identify improvement opportunities.
• Implement new tools or practices to enhance financial efficiency and control.
• Promote knowledge sharing and training initiatives to strengthen team capability.
• Define team objectives, KPIs, and development plans aligned with departmental goals.
• Manage recruitment, performance appraisals, and employee engagement activities.
• Coach, mentor, and motivate staff to foster accountability, growth, and collaboration.
• Ensure full compliance with internal policies, audit requirements, and financial governance standards.
• Maintain integrity and transparency across all financial and contract management operations.
• Collaborate with internal teams (Finance, Procurement, Operations) for budget control, vendor evaluation, and performance reviews.
• Liaise with external vendors and contractors to monitor execution and resolve operational issues.