The Finance Director shall assume full responsibility of the Group's Accounting & Finance department and shall manage the Accounting team. Furthermore he is expected to have previously served in cross-functional & diversified groups of companies geographically spread.
A hands-on role aiming at directing and managing overall Accounting & Financial functions of the Business Units; Formulating and administering the overall strategic financial plans and business controls, general accounting & finance policies and procedures; Preparation of periodical financial statements as per regulatory requirements, elaboration of reports on overall performance and advising management on all financial matters, close coordination with all third parties and internal control set up for all Units/Branches to ensure proper consolidation. His responsibilities include:
1. Develop the financial strategy for the Group (define the key financial variables: D/E ratio, dividend payment, funding portfolio composition;
2. Contribute to formulating Business Strategies;
3. Design the Group's accounting & financial policies, regulations, processes & procedures as well as Governance policies and insure that, each and every department adheres to whatever is said;
4. Set key performance indicators and monitor corporate financial performance; Supervise business performance & advise on ways of improving it;
5. Manage the Finance and Accounting Shared Services department of the Group;
6. Alert and warn the CEO regarding any irregularity, lack of compliance, lack of adherence, lacunas and problems whether actual or potential concerning the overall accounting & financial systems & operations;
7. Contribute to medium & long term business planning;
8. Advise on accounting & financial implications and consequences of business decisions;
9. Prepare, monitor and consolidate annual budget for the corporate core functions and submit the report to the Group CEO;
10. Produce timely, reliable & accurate management information reports on a monthly basis in liaison with all the other departments in the company;
11. Liaise with other cross-functional directors & with core external bodies;
12. Monitor risk management policies to ensure risks are minimized;
13. Manage the availability of cash;
14. Assure long term fund availability by owning the capital budgeting / resource allocation process;
15. Obtain and negotiate lowest cost financing sources (small lines of credit, overdrafts…), as well as major loans; optimize the debt portfolio;
16. Assure availability of foreign exchange at the lowest possible cost;
17. Tax administration and counsel to minimize tax payment/exposure of the Group;
18. Manage risk at the corporate level, audit and evaluate the risk environment and follow up on claims eventually;
19. Motivate the immediate reporting staff for better performance and effective service;
Job Details
Date Posted: | 2013-01-28 |
Job Location: | Beirut, Lebanon |
Job Role: | Accounting/Banking/Finance |
Company Industry: | Telecommunications; Engineering; Construction |
Preferred Candidate
Career Level: | Executive/Director |
Nationality: | Lebanon |
Degree: | Master's degree |
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