Senior Finance Manager for an International Management Consulting Firm
2 weeks ago
Senior Finance Manager for an International Management Consulting Firm Responsibilities Strategic management of operations financial health
- Manage and oversee all financial operations; provide leadership and direction to the finance teams, including accounting, budgeting, financial planning and analysis, pricing and project monitoring.
Financial reporting:
analyze financial reports, ensuring accuracy and compliance with regulations and standards.
Financial analysis:
conduct in-depth financial analysis to support decision-making, identify trends, and recommend improvements. Conduct regular performance reviews to identify areas for improvement and opportunities for cost reduction and revenue enhancement.
Budgeting and forecasting:
lead the 3-year planning process and the yearly budgeting in line with the firm's strategic initiatives, and investment decisions to support organizational growth and sustainability.
Forecast financial performance based on business trends and goals.Pricing:
collaborate with leadership to ensure pricing strategies are aligned with overall business objectives; Analyze pricing and profitability trends that have an impact on the business and come up with necessary recommendations.
Utilize advanced analytics to forecast pricing trends and assess the impact of pricing decisions.Project monitoring:
work closely with the leadership and team on monitoring and improving the Net Investment KPIs of the firm.
Leadership support:
prepare and deliver strategic presentations to senior leadership, providing insights, analysis, and recommendations on key initiatives and performance metrics.
Process improvement:
identify opportunities for process improvement, streamline financial processes, and implement best practices to enhance efficiency and effectiveness.
Workflow automation:
identify opportunities to streamline repetitive tasks and improve efficiency through the use of technology and automation tools.
Statutory and tax:
lead tax optimisation and tax savings projects in coordination with the Accounting team and the Central Tax team
- KSA local content and ICV score: stay up to date on KSA local content and ME ICV requirements. Manage the Local content and ICV score improvement initiatives in coordination with the team in charge; Provide management with timely updates on this area
Accounting:
supervise the accounting team's activities, including monthly and Year end closing processes, payroll management and reporting, Travel policy monitoring and enhancements and corporate card program management.
Risk Management:
identify and assess financial risks, implement risk mitigation strategies, and ensure compliance with risk management policies.
Internal Controls:
establish and maintain effective internal controls to safeguard assets, prevent fraud, and ensure financial integrity.
XloS collaboration:
work closely with the Central Finance Team to share insights, representing the firm's interest, clearly articulating the firm's position, objectives, and priorities in alignment with the overall organizational goals.
Work to ensure alignment between strategies and initiatives to promote cohesion and synergy.- Standard Operating Procedures (SOPs): develop clear and comprehensive SOPs for key processes, outlining step-by-step instructions, responsibilities, and timelines. Ensure SOPs are regularly updated and easily accessible to all team members.
Performance Metrics:
define key performance indicators (KPIs) for the team members and regularly track progress towards goals. Use KPIs to evaluate performance, identify areas for improvement, and recognize outstanding contributions.
Vision and strategy:
clearly communicate the vision, goals, and strategic direction for the finance department. Ensure alignment with the organization's overall mission and objectives.
Continuous improvement:
encourage a culture of continuous improvement and innovation within the team. Solicit feedback from team members, identify areas for improvement, and implement changes to enhance team effectiveness and efficiency.
Training programs:
identify training programs to enhance the skills and capabilities of team members. This includes technical training on analysis tools, as well as soft skills training on communication and leadership.
Mentorship and coaching:
offer coaching sessions to help individuals identify and work towards their career goals. Help team members reach their full potential. Offer guidance, support, and constructive feedback to help them overcome challenges and develop professionally.
Regular reviews and feedback:
conduct regular performance reviews with team members to provide feedback on their performance, address any concerns, and set clear objectives for improvement.
Encourage an open dialogue and opportunities for self-assessment.Requirements
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- MBA, Master's in Finance, or related field is highly preferred
- 10 to 15 years of extensive financial management experience, preferably within a consulting or professional services firm.
Industry knowledge:
proven experience in financial planning and analysis (FP&A), accounting principles, and financial reporting standards. Familiarity with the consulting industry's business model and financial dynamics is a plus.
Leadership:
experience in leading and developing a finance team, including financial analysts, accountants, and other finance professionals.
Strategic planning:
demonstrated ability in strategic planning, budgeting, and forecasting with the ability to align financial strategies with overall business objectives.
Risk management:
expertise in identifying and managing financial risks, including compliance with financial regulations and standards.
Results orientation:
focus on achieving tangible results and delivering value to the firm.
About the company
RecruitME are a specialized recruitment consultancy supplying top tier business support staff to Dubais leading multinational organizations.
We carefully source, screen and select only the very best candidates to assist our clients in making easier recruitment decisions faster.
Differentiating ourselves from standard recruitment agencies our consultants have been carefully chosen for their backgrounds in business support for leading multinational organizations.
Having been both the client and the candidate previously, we have an insiders understanding of the recruitment process and our clients needs.
What we do:
Specializing in business support positions we can assist in introducing a small selection of experienced administration, finance and human resource candidates with the relevant experience to benefit your business.
Our careful screening process ensures that we have met with and can give a concise overview of each candidates skills and current situation before you meet them.
We pride ourselves on sending our clients only the very best available candidates in the market to ensure a simplified, hassle free and timely recruitment experience for all involved.
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