Senior Manager - Finance
We are seeking an experienced Senior Finance Manager with robust expertise to join our AMRAK Facilities and Catering Subsidiary. As the Senior Manager of Finance Control who will oversee the financial management and control systems of the AMRAK subsidiary, you will ensure the integrity and accuracy of financial records, compliance with relevant regulations, and the implementation of robust financial controls. This role is key to create a robust reporting function, optimizing financial processes, and ensuring the right processes and controls are in place to support the operations. This is a senior position for an analytical thinker with a keen financial acumen, excellent communication skills, and proven experience in managing cross-functional finance activities.
Financial Control & Reporting
- Lead the development, implementation, and maintenance of financial control processes to ensure accurate financial reporting and compliance with local and international accounting standards (IFRS).
- Oversee monthly, quarterly, and annual financial closings, ensuring timely and accurate reporting of financial statements to senior management.
- Review financial results, identify variances, and provide recommendations for corrective actions and process improvements
- Prepare and collate accurate reporting for senior management and external stakeholders relating to aspects of business performance.
- Dive deeply into financial data and become a subject matter expert to provide additional insights.
- Identify and research variances to forecast, budget, and prior-year expenses, proactively identifying opportunities for improvement.
- Identify and understand business challenges; propose and create solutions.
- Carry out additional tasks and responsibilities as directed from time to time.
- Maintain all records for easy audit purposes.
- Prepare accurate monthly financial reports and presentations that provide thoughtful analysis, identify action items, and effectively frame decisions that need to be made.
- Manage activities of accounts payable and accounts receivable to ensure accounts are administered in an accurate and timely manner
Policies, Systems, Processes, Procedures, Standards, Reports & Compliance
- Follow all relevant functional policies, processes, standard operating procedures, and instructions to ensure that work is carried out in a controlled and consistent manner.
- Ensure adherence to internal financial policies, procedures, and controls to safeguard the organization’s assets.
- Conduct periodic internal audits to assess the effectiveness of financial controls and ensure compliance with regulatory requirements.
- Liaise with external auditors during annual audits, ensuring a smooth audit process and the resolution of any identified issues.
- Support activities required to satisfy internal audit requirements
Continuous Improvement
- Contribute to the identification of opportunities for continuous improvement of the department’s systems, processes and practices considering ‘international best practice’, improvement of business processes, cost reduction and productivity improvement.
Team Leadership & Development
- Lead, mentor, and develop a team of finance professionals, ensuring continuous improvement in skills and performance.
- Foster a culture of collaboration and efficiency within the finance department and across other business functions.
Stakeholder Engagement:
- Collaborate with other departments (e.g., procurement, HR and operations) to ensure financial alignment with organizational objectives.
- Communicate financial results and key performance indicators (KPIs) to stakeholders, both internally and externally, in a clear and concise manner
Job Requirements:
- A bachelor's degree in accounting, finance, business, commerce, or related degree.
- Professional accounting or finance qualification ie CPA, SOCPA, CA, CFA, ACCA, CIMA
- Knowledge of accounting/financial/operational principles.
- No less than 8+ years total experience, including 2-3 years of experience in an operational organization.
- Experience with SAP S/4 Hana and SAP Cloud Analytics (SAC) preferred.
- Strong desire to establish and learn in a new environment and to shape the future of the financial reporting by applying a continuous improvement mindset
- Excellent communicator with the ability to interact with various management levels
- Proven track record of establishing best practice in a finance function
- Advanced Excel skills
- Superior attention to detail and ability to successfully handle multiple competing priorities while maintaining a view of the big picture.
- Ability to analyzing, interpret and scrutiny of financial information.
- Should possess organizing capability and have a pleasing, get-going personality.
- Location: This role will support the AMRAK subsidiary under RSG and be based at the Red Sea site