Vice President Finance

Overview

The Vice President of Finance will spearhead the Financial Planning and Control division, establishing robust budgeting, forecasting, and reporting frameworks that effectively align with organizational priorities and strict compliance standards. This leadership role demands strategic oversight in financial governance to ensure the organization's regulatory and operational requirements are met with precision.

Key Responsibilities

• Design and implement comprehensive frameworks for financial planning, budgeting, and control, ensuring alignment with organizational objectives and regulatory mandates.
• Direct the budgeting and forecasting lifecycle, including developing guidelines, leading budget challenge sessions, and securing necessary approvals.
• Conduct ongoing budget performance monitoring through variance analysis and facilitate corrective measures to optimize resource allocation.
• Maintain and enhance reporting structures and templates to meet management and statutory reporting obligations effectively.
• Provide financial support for feasibility studies, profitability assessments, and due diligence reviews relating to strategic initiatives.
• Enforce compliance with Delegation of Authority policies, particularly concerning budget reallocations and purchase request authorizations.
• Manage treasury functions by overseeing outputs such as cash flow forecasts and bank reconciliations.
• Develop and uphold management reporting frameworks that track budget performance across departments, business units, and projects.
• Prepare periodic management reports leveraging advanced tools like Power BI and ThinkCell, ensuring data accuracy and actionable insights.
• Guarantee adherence to internal controls, Delegation of Authority, and organizational finance policies within the Financial Planning and Control function.
• Champion continuous process improvements to boost efficiency, accuracy, and overall stakeholder satisfaction.

Required Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or a closely related discipline.
• At least 10 years of experience within Financial Planning & Control or comparable finance/accounting roles.
• Proficient with ERP/financial management systems such as Oracle, SAP, or equivalents.
• Advanced expertise in Microsoft Excel and PowerPoint.
• Solid grasp of budgeting and forecasting methods, financial modeling, variance analysis, and management reporting tools (Power BI, ThinkCell).
• Exceptional attention to detail with strong analytical and communication skills.
• Ability to coordinate with stakeholders and problem-solve effectively while managing time and maintaining confidentiality and integrity.
• Leadership qualities include people management, coaching abilities, strategic mindset, and resilience in managing change and ambiguity.

Competencies

• Customer Focus and Operational Excellence
• Effective Teamwork and Communication
• Commitment, Ownership, and Accountability
• Adaptability and Courage in Leadership
• Inspirational and Results-Oriented Management
• Expertise in Financial Control, Zakat and Tax Accounting, Accounting Principles, and Financial Reporting
• Proficiency in Data Collection and Analysis