Finance Manager

Strategic Accountabilities:

1. Contribute to the formulation of the divisional strategy in alignment with NAKILAT and NSW strategies, and support its implementation.
2. Participate in translating the divisional strategy into annual business plan, monitor implementation and progress, and recommend corrective actions as needed.
3. Plan, develop and lead an efficient and robust Finance function to support NSW’s strategic planning initiatives, operations and activities.

Key Accountabilities:

Internal Controls:
4. Develop the Company financial policies and procedures and oversee their proper implementation to support the financial practices and achieve the planned objectives.
5. Oversee all applicable financial controls and ensure adequate assessment and mitigation of risk as well as compliance with applicable regulatory and other legal requirements.

Financial Management:
6. Provide an independent and constructive perspective to commercial and operations teams, to ensure the business decisions are grounded on solid financial criteria.
7. Support NSW MD with insights on the Financial position of the Company, by presenting an objective view of the Financial situation and providing sound recommendations for the allocations of resources in the most efficient way to achieve the business goals and objectives.
8. Oversee the activity-based costing and make recommendations for cost reduction and profit improvement.
9. Lead all function’s objectives and KPIs set by the Company in accordance with the approved plan and timelines.
10. Review the monthly budget variances analysis and segments profitability and recommend corrective action to avoid adverse variances and deviation from the business plan.
11. Oversee cash flow planning and ensure availability of funds as needed.
12. Oversee the relationship with various stakeholders; i.e. external auditors and Nakilat Finance.

Knowledge Transfer:
13. Build the team skills, through transformation initiatives and major change programs, and raise awareness and knowledge of applicable financial policies and procedures.

14. Manage NSW Finance staff to deliver the set functional objectives.