Job closed
Ref: GP705-57
Job description / Role
Strategic:
1. Formulate the Al-Sayer Group business diversification strategic plans and budgets, identifying the long term direction for the Group in order to mitigate trading and taxation risks.
2. Identify strategic business opportunities and market trends across ranges of activities that fit the Group proposed expansion/diversification model, or other solutions to potential problems identified in the Strategic plan.
3. Participate in due diligence in order to assess the business implications for mergers and acquisitions and recommend solutions.
Operational:
1. Analyze the Group business portfolios in order to assess risks related to income streams, business/product life cycle, economic and socio-political threats in countries of operation, geographical presence, and taxation structure.
2. Identify opportunities for risk mitigation, including but not limited to, diversification upstream, downstream, geographical, and addition of new business lines.
3. Recommend global changes to the Group legal structure in order to minimize the impact of taxation on Group operations.
4. Scan the Global Market in order to identify new business opportunities with a range of risk profiler that meet the Board’s needs and expectations for expansion and diversification.
5. Conduct initial evaluations, feasibility studies, financial and ROI analysis and identify business scenarios in coordination with business heads and central services departments and submit for the Board of Directors approval.
6. Coordinate with business heads the integration of approved new business portfolios, joint ventures, mergers and acquisitions and business diversification or expansion plans.
7. Participate in the definition of legal, financial and organizational structure necessary for new acquisitions, business streams and investments.
8. Participate in negotiations with new suppliers and businesses for joint ventures, mergers and acquisitions.
9. Create and maintain network of suppliers with potential new investment opportunities.
10. Submit to the Board members the monthly opportunities report, with global business trends along with the tactical plans in order to achieve the desired strategic positioning.
People Management:
1. Prepare the manpower budget pertaining to required staffing levels, training and development, internal mobility and succession.
2. Identify objectives and KPIs, review the performance and potential of staff and make/approve decisions relating to appointment and termination, promotions and salary adjustments, disciplinary action, succession planning and development plans.
Requirements
CPA, MBA
Educational Qualifications:
Primary: CPA, MBA with 12 years experience
Alternate: Bachelor Degree with 15 years of experience
Linguistic Abilities: English is a must. Arabic is an advantage.
About the Company
The Al-Sayer Group, is a leading progressive and proactive business group, headquartered at Kuwait, with diversified business interests in Automobiles, Transport & Heavy Equipment machinery, Car Rental & Leasing, Insurance Brokerage, FMCG, Tires, Oil & Paints, etc. Since its inception the company has focused on total customer satisfaction which has resulted in a good customer base. Our continuing commitment to excellence was recognized in 1997 when the company received the first ISO 9001 certification for achieving an international standard of quality and service specifically for service and repair of automotive and commercial vehicles and the sale of spare parts as Toyota / Lexus franchise.