• Manage and coordinate company financial planning and budget management functions.
•Co-ordinate and prepare annual Midterm budgets, including operating and capital expenditure budgets.
•Ensure the accurate preparation / reporting of monthly financial results in strict accordance with Company deadlines.
•Ensure proper job costing procedures/controls are being followed. Liaise with respective departments/project management on a regular basis to discuss/update and evaluate project progress/development and make necessary recommendations to General Manager.
•Implement group risk assessment policies/procedures, ensure early detection of possible risks and take effective corrective actions/reporting of the same to General Manager and Regional Management.
•Recommend KPI's for measuring the financial and operating performance of divisions and branches.
•Ensures the responsibilities, authorities and accountabilities of all direct reports are defined and understood
•Monitor and analyze monthly operating results against budget, providing feedback to General Manager and Regional Management, including any future/potential deviations from budget/Midterm plans of the organization.
•Oversee daily operations of the finance department and ensure smooth and efficient running of the same.
•Implement, monitor and ensure efficient cash flow/NWC management policies and procedures as per group guidelines and budget commitments.
•Manage the preparation of the official annual report of actual revenues, transfers, and expenses.
•Manage the preparation of financial outlooks and financial forecasts.
•Prepare financial analysis for contract negotiations and asset management/investment decisions.
•Ensure compliance with local, group reporting requirements.
•Work with department managers and corporate staff to develop budget, Midterm and ad-hoc business plans for the company as per group reporting requirements.
•Establish and implement short and long-range departmental goals, objectives, policies, and operating procedures in coordination with Regional Management.
•Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department's goals and objectives in coordination with General Manager and Regional Management.
•Recruits, trains, motivates, develops, retains and evaluates Finance and Administration employees to ensure the business has the necessary skill base and employees are optimally motivated and enabled to maximize their potential and contribute to the achievement of company targets
•Serve on planning and policy-making teams within the Company.
•Serve as primary legislative liaison relative to company financial issues.
•Oversee financial management of branch operations, developing financial and budget policies and procedures.
•Manage and coordinate external/statutory and internal audits, ensure that they are completed on time, and provide recommendations for procedural improvements.
•Liaison with external service providers such as lawyers, insurance agents, financial institutions, tax advisors/authorities on company operational issues.
•Maintain integrity of Accounting system (software), ensuring it remains effective and operational at all times.
•Ensure implementation of Group financial and compliance guidelines and carryout regular follow-up to ensure effective implementation of the same with the Company.
•Ensure all company assets are monitored, accurately accounted for and maintain necessary assets records/registers, ensure periodic physical verification as per company policies and procedures.
Job Details
| Date Posted: | 2013-02-24 |
| Job Location: | Manama, Bahrain |
| Job Role: | Management |
| Company Industry: | Engineering; Construction |
| Monthly Salary: | US $3,000 |
| Joining Date: | 2013-01-01 |
Preferred Candidate
| Career Level: | Management |
| Degree: | Bachelor's degree / higher diploma |
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