Finance Manager

POSITION SUMMARY

 

The Finance Manager will be a member of the Finance Team and report directly to the Chief Financial Officer and have close interaction with the Executive Leadership Team. As a member of the finance team, the Finance Manager will support the CFO in setting strategic direction and driving financial performance. The Finance Manager will support in defining financial strategy and support various aspects of the function including but not limited to accounting/controlling, budgeting, inventory management, financial reporting, insurance, procurement, supply chain, risk management, tax and treasury.

 

 

NATURE AND SCOPE

 

The Finance Manager will provide support in enabling shareholders value and strategic and business goals achievement by supporting the development and implementation of effective and sustainable financial strategy and capital structuring of the business, by ensuring a sound performance management framework, by providing high quality, reliable and transparent management information for decision making. The incumbent will be also responsible for supporting the preservation of companys assets integrity and for developing and maintaining the highest standard of corporate governance, compliance and internal control. The incubment will ensure effective leadership within the Finance Function and will enhance the organizational capabilities of the finance team providing career direction, progression and coaching with the aim of building a world class finance organization. The incumbent will act as true finance partner to the CFO.

 

PRINCIPAL ACCOUNTABILITIES

 

This position is accountable for the following end results:

 

Strategy, Planning, Investments and Management

• Act as strategic business partner to CFO.
• Assess and evaluate financial performance of organization with regard to operational goals, budgets and forecasts
• Provide insight and recommendations to both short-term and long-term operational and strategic goals of the organization
• Develops finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction and establishing functional objectives in line with APQ objectives.
• Develops organization prospects by studying economic trends, market trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; and accumulating capital to fund expansion.
• Communicate, engage and maintain strong relationships within the finnce and executive leadership team, stakeholders, banks and external auditors and provide all relevant information and data as required
• Accomplishes financial strategies by determining accountabilities; communicating and enforcing values, policies, and procedures, planning and reviewing compensation strategies.
• Financial Analysis, Budgeting and Forecasting
• Prepare and present periodic financial results including actual profit and loss versus forecast and budget as well as cash flow
• Review and analyze periodic financial results and provide recommendations
• Develop and maintain periodic forecast and annual budget
• Utilize forward-looking models and activity-based analyses to provide financial insight into APQ plans and budgets
• Support the development and maintainenance of the Enterprise Risk Management (ERM) process in order to minimize the effects of risk on APQ delivering against its strategic objectives
• General Accounting, Tax, Insurance, Internal Controls and External Reporting
• Ensure timeliness and accuracy of financial and management reporting data for key stakeholders
• Support the preparation and communication of monthly, quarterly and annual financial statements
• Support the preparation and timely filing of all VAT, ZAKAT and corporate income tax returns
• Support the month-end close process, constantly reviewing procedures while eliminating inefficiencies
• Significant experience working with external auditors, internal controls and compliance-related issues
• Implement and maintain a robust delegation of authority (DOA) process
• Develops financial well-being of the organization by providing financial projections and accounting services, preparing growth plans, and working with team members.
• Finance and Cash Management
• Support cash flow planning process and ensure funds availability
• Support cash, investments and debt management including interest rate and forex hedging
• Identify, acquire and implement systems, software and hardware to support all business and operational processes as well as provide critical financial and operational information

 

Finance and Cash Management

• Support cash flow planning process and ensure funds availability
• Oversee cash, investments and debt management including interest rate and forex hedging as required
• Maintain banking relationships and strategic alliances with vendors and business partners

 

 

 

MINIMUM REQUIREMENTS AND QUALIFICATIONS

 

• MBA, CPA or CFA preferred; at least 12-14 years of applicable business experience of which 8 must be in a financial leadership role
• Experience working in start up or supporting a joint venture is valuable
• Ideally experience working in a large multinational or Joint Venture company while designing the financial infrastructure for new start-ups, mergers and aquisitions
• Experience in developing large projects under a Project Finance model. Deep understanding of Project Finance.
• Working knowledge of International Financial Reporting Standards (IFRS) required and knowledge of US GAAP
• A strategic visionary with sound technical skills, analytical ability, good judgment, strong operational focus and a creative thinker that is able to navigate through complex financial situations to maximize results
• Demonstrated leadership ability, confidence and executive presence – ability to motivate staff
• Decisive with a “big picture” perspective
• High integrity, honesty and ethical standard
• Able to work under pressure in a fast-paced business environment and manage multiple priorities
• Outstanding presentation and communication skills
• Solid leader and educator who is trustworthy, willing to share information and serve as a mentor
• Strong ability to collaborate and partner with colleagues of different cultural backgrounds
• Proficiency with accounting software, word processing, and spreadsheets.
• Solid GAAP and financial reporting technical skills.
• Familiarity with international corporate and tax laws and regulations.
• Strong with market leading ERP systems and Financial Planning and Consolidation systems (SAP preferred) and best practices.

Skills

• Financial planning and strategy
• Managing profitability
• Strategic planning and vision
• Quality management
• Promotion of process improvement
• Forecasting
• Corporate finance
• Budget development
• Well organized and self-directed
• Outstanding knowledge and understanding of GAAP, IFRS, Com and Sox compliance
• Experience and success in preparing for negotiating and closing equity capital raises