• Responsible to develop the financial well-being providing financial projections and accounting services, preparing growth plans, budget management, cost benefit analysis, directing staff etc.
• Contribute towards the formulation and implementation of Financial and Accounting Policies framework in line with overall business strategies.
• Take responsibility of the deliverables of assigned department/Brand.
• Complete grip over payables and receivables. Responsible for P&L account and positive cash flows for the business.
• Cost control and compliance functions with budgets resulting in targeted cost reduction. Risk assessment and Resource optimization in line with Business Plans, Budgets, and Monthly Financial results. Monitoring of Business Performance.
• Create and implement appropriate financial controls, systems, and processes, internally and externally to have an effective financial controls environment.
• Maintain and develop excellent working relationship with the internal and external parties.
• Preparation and accumulation of the financial budgets in line with business plan. Monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified, and potential performance improvement opportunities are capitalized upon. Keeping a tight control on project spending and keeping track of the reasons for variances and suggesting remedial measures.
• Ensuring funding needs of the business using the best possible methods, loan restructuring. Developing new lines of funding. Manage, driving and monitor all the financial, commercial, banking, legal, contracting, accounting, internal control matters of different business units.

Bayt