Job Purpose
Collaborate closely with the head of a business unit to establish a genuine and dynamic partnership with both operational and commercial management. Offer immediate support and analysis, serving as a trusted advisor to enhance decision-making. Participate in the formulation of business strategy, conduct commercial reviews, and implement business plans and associated strategies. Take charge of commercial and financial operations, ensuring adherence to rules and regulations and financial policies while considering budgetary constraints.
Business Partnering and Decision Support
Cultivate and sustain partnerships while fostering robust relationships with business unit leaders and their teams.
Collaborate closely with stakeholders and leadership to establish new business projects in alignment with the company's strategic plan.
Conduct data analysis using suitable financial, statistical, and simulation modeling techniques, interpreting results accurately to support decision-making.
Develop and implement essential evaluation metrics for assessing business performance across all functions. Monitor performance using real-time business intelligence reports such as balanced scorecards, activity-based costing, and value chain analysis to aid in performance evaluation.
Financial Planning and Analysis
Develop annual budgets and oversee financial performance against the budget, providing the business with insights into expected costs and revenues. Identify areas of unsatisfactory performance and take corrective measures. Leverage potential opportunities for performance improvement to enhance efficiency.
Take the lead in financial planning and forecasting, including monitoring critical internal and external parameters. Analyze the financial impact of emerging priorities, key risks, and opportunities across all programs.
Supervise financial reporting to ensure timely scheduled reviews, and generate ad hoc reports for senior managers as needed. Ensure that these reports accurately reconcile with system data and are presented clearly.
Monitor the performance management activities of the team by establishing short-term and/or long-term objectives. Conduct periodic evaluations, updates, and other measures to ensure that the team achieves its assigned objectives.
Accounting and Financial Reporting
Oversee and direct financial accounting, control, reporting, and administrative functions, adhering to Company guidelines in accordance with International Financial Reporting Standards (IFRS).
Implement and optimize best practices in processes and procedures, ensuring adherence to all financial policies, processes, and internal control procedures. Safeguard the Company's interests at all times, aligning with IFRS guidelines.
Controls and Compliance
Liaises with the Audit Committee and other auditors to ensure compliance with relevant statutory requirements and standards
Qualifications
University graduate in Finance/Account
A Master’s degree in a business/finance discipline would be an added advantage
Should possess a recognized professional finance/accounting qualification, CA, CPA,CFA, etc.
Experience
At least 10 years’ experience in a Finance role with at least 5 years of experience in Managerial role
Preference to those in the automotive industry
Knowledge & Skills
Conversant and up-to-date with regulatory financial reporting & accounting standards, policies, procedures and regulations in line with IFRS
Advanced knowledge in the use of MS Office applications and ERP
Exceptional skills is analysis and problem solving
Experienced in dealing with banks and financial institutions
A good negotiator with strong interpersonal skills
Fluency in written and spoken English are essential. The ability to communicate in Arabic would be an added advantage
Seniority Level: Managerial-Level
Job Functions: Cybersecurity
Industries : Information Technology