§ Develops the strategy for operating and financing activities of the finance and accounting department, in line with the head office finance and accounting strategy to ensure vertical alignment.  Establish horizontal integration with other interfacing departmental strategies across management

Budget

§ Champions the preparation of budget, recommends to management changes to the budget and liaise with the head office for approving the budget. Monitors financial performance versus the budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified, and potential areas of cost reduction or performance improvement opportunities are exploited.

Leadership

§ Manages the effective achievement of the departmental objectives through leading the team towards common goals. Guides oneself and team members on setting individual objectives, and subsequently managing performance, putting development plans and motivating team members on achieving their potential. Provision of formal and informal feedback and appraisal – in order to maximize subordinate and departmental performance.

Change Management

§ Oversees the management of change through continuous improvement of departmental systems, processes and practices taking into account ‘international best practice’, changes in international standards and changes in the business environment which demand proactive action plans.

Job Related Tasks / Duties and Responsibilities:

§ Develops and forecasts budgets for collaboration with business units and under direction of General Manager. Group MD and Group FD.

§ Implements finance and accounting policies and procedures.

§ Revises finance and accounting policies and procedures based on change in business transactions, standards update or feedback from auditors.

§ Determines effect of potential business decisions on financial performance.

§ Collaborates as company representative with business partners, such as banks, ERP providers, suppliers, auditors and other service providers.

§ Coordinates with banks if needed to execute trade finance arrangements. Oversee that supporting documents for such transactions are complete and accurate.

§ Cooperates with business units and support functions across company.

§ Ensures prompt and accurate month-end and year-end close processes.

§ Prepares timely financial statements.

§ Reports variances and liaise with business units and support functions to analyse the variances and agree on corrective actions.

§ Oversees accounting operations such as accounts payable, accounts receivable, revenue recognition, costs recognition, inventory and general ledger entries.

§ Ensures compliance with company and statutory requirements. Stay up to date with possible developments in areas of VAT, excise tax, withholding tax and Zakat.

Skills

QUALIFICATIONS:

§  Bachelors in Accounting or Finance

§ Professional qualifications from a recognized body is a plus (CPA, ACCA, CMA, DipIFR)

EXPERIENCE:

§ (9) years of experience among which at least (2) years in a supervisory position

§ Experience in a distribution company 

SKILLS:

§ Microsoft office Excel and PowerPoint

§ ERP solutions

§ Administration Skills

§ Business Understanding Skills

§ Communication Skills

EHAVIOURAL COMPETENCIES:

§ Initiative & Drive for results

§ Change & Innovation

§ Communication & Influence

§ Developing & Empowering others

§ Problem solving & Decision Making

§ Planning & Organizing

Collaboration & Team work