About this role
<p>.</p><div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Job Purpose</H2> </div><div><p>Responsible for overseeing financial planning, analysis, and management within a specific division, ensuring alignment with the organization's overall financial strategy. Involves providing financial insights, budgeting, forecasting, and resource allocation guidance to support strategic decision-making and operational efficiency within the division.</p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountability Areas</H2> </div><div><p>Strategic Financial Planning:</p> <ul> <li>Develop financial strategies that support business growth and sustainability.</li> <li>Lead budgeting, forecasting, and long-term financial planning processes.</li> </ul> <p>Performance & Profitability Management:</p> <ul> <li>Monitor key financial metrics and business performance.</li> <li>Analyze variances and recommend actions to improve margins and cost efficiency.</li> </ul> <p>Decision Support & Business Analysis:</p> <ul> <li>Provide financial insights for pricing, investments, and operational decisions.</li> <li>Build business cases and conduct scenario modeling to guide strategic choices.</li> </ul> <p>Cost Control & Resource Optimization:</p> <ul> <li>Identify and implement cost-saving initiatives.</li> <li>Ensure optimal allocation of financial resources across business units.</li> </ul> <p>Governance, Risk & Compliance:</p> <ul> <li>Maintain strong internal controls and ensure regulatory compliance.</li> <li>Coordinate with audit, tax, and legal teams to manage financial risks.</li> </ul> <p>Reporting & Financial Insights:</p> <ul> <li>Deliver accurate and timely financial reports to leadership.</li> <li>Translate complex data into clear, actionable insights for decision-makers.</li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Role Accountability</H2> </div><div><p>HR Proficiency:</p> <ul> <li>Ability to recruit, recognize and cultivate high performers and expose them in order to create a robust second line of management.</li> <li>Ability to recognize low performers and guide them to improve or release them.</li> <li>Ability to treat subordinates equally without any discrimination.</li> <li>Assessment criteria of subordinates is performance that leads to planned results.</li> <li>Ensure availability of delegation of authority matrix to have sufficient delegations as per company policy.</li> </ul> <p>Responsibility:</p> <ul> <li>Must take full responsibility for his operation as per the job description and the required deliverables from this position, taking into consideration the general company guidelines.</li> <li>Able to anticipate problems and make the necessary proactive steps to prevent them</li> <li>Ability to take necessary and proper timely decisions.</li> </ul> <p>Delivery:</p> <ul> <li>Deliver the required results in timely manner with required quality and cost.</li> </ul> <p>Making a Tangible Difference:</p> <ul> <li>Must make a tangible difference to his area of operation. and exceed business expectations.</li> </ul> <p>Business Planning and Performance:</p> <ul> <li>Able to transform the corporate goals into business plans.</li> <li>Able to Plan, follow-up and execute those plans, whether they are annual or development plans.</li> <li>Monitor the plan performance and initiate action to strengthen results and take the corrective action accordingly.</li> <li>Provide periodic work progress reports.</li> <li>Responsible for monitoring and controlling budgets and expenses to achieve the optimum cost efficiency.</li> </ul> <p>Organizational Development:</p> <ul> <li>Develop the organizational structure according to the current requirements taking into consideration future and development plans.</li> <li>Ensure availability of job descriptions for all job roles and deployment.</li> </ul> <p>Business Process Improvements:</p> <ul> <li>Develop, coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.</li> <li>Should be conversant and able to navigate through IT solutions especially those relevant to his job and business.</li> <li>Promote the automated systems and using them fully, to spread its culture.</li> </ul> <p>Quality:</p> <ul> <li>Quality is considered as alfanar’s prime competitive advantage as such, managers are expected to act accordingly.</li> </ul> <p>Adaptation:</p> <ul> <li>Adapt to new and alternative techniques, technologies, management structures, and business models.</li> </ul> <p>Health, Safety and Environment:</p> <ul> <li>Ensure a safe, secure, and legal work environment as per the standard regulations.</li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Academic Qualification</H2> </div><div><div>Bachelor Degree in Accounting and Finance or Any relevant field</div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Work Experience</H2> </div><div><div>6 to 10 Years</div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Technical / Functional Competencies</H2> </div><div><div>Accounting Best Practices</div><div>Accounting Methods</div><div>Accounting Principles</div><div>Accounting Rules/Guidelines</div><div>Accounting Systems</div><div>Accounting Theory/Concepts</div><div>Financial Analysis</div><div>Financial Forecasting</div><div>Financial Modeling</div><div>Financial Planning</div><div>Financial Reporting</div><div>Financial Statement Preparation</div><div>Mergers and Acquisitions</div></div></div></div>