Financial Manager

Job description / Role

Objectives: Role purpose: To establish and maintain financial system and Management procedures for the organization and ensure compliance with all regulatory requirements as relating to Company and Country Laws.

Responsibilities:
- Builds the financial system for the organization.
- Take responsibility for overall management and delivery of the financial business plan.
- Builds the procedures and options for co-coordinating the financial activities.
- Arrange and attend meetings with High management and advise them on financial, managerial, staffing and financial related issues.
- Report to the high management on progress against agreed objectives.
- Prepare and draft the organization's Annual Report.
- Identify development opportunities consistent with the aims of the organization and the operating environment.
- Maintain an awareness of organizational and technological developments
- Develop the organization's funding base to secure present and future.
- Liaise and negotiate, as appropriate, with the funding authority and other funding sources.
- Maintain appropriate relations with funders and make reports as necessary, ensuring compliance with any contracts.
- Maintain day-to-day financial control.
- Ensure that all finances are properly administered and monitored, including credit control.
- Advise on the proper allocation of resources.
- Ensure that appropriate financial regulations and controls are in place and in use at all times.
- Prepare and review detailed budgets for approval by the High management
- Make regular reports to the governing body on income, expenditure and any variations from budgets.
- Act as cheque signatory for and authorize expenditure up to limits as agreed by the High Management.
- Ensure, delegating as appropriate, that each service location is adequately managed, staffed and resourced.
- Establish strong Policies and Procedures, Employment, Volunteer and Internship Agreements.
- Identify and implement plans for own training and development needs.
- Undertake such other duties and tasks as may lie within the scope of this post to ensure the effective delivery and development of the service.

Reporting to: High Managment
Subordinates: Financial Staff

Requirements

- Proven administrative, leadership and management ability in the areas of strategic planning and organizational development.
- Ability to devise and implement strategic development and resource plans, particularly in the areas of service development, staff development and the management of change.
- Ability to work on own initiative, prioritise work, handle pressure and take day-to-day decisions on the running of the organization.
- Ability to develop, monitor and maintain management information systems and procedures.
- Ability to undertake fundraising and marketing activities.
- Experience of financial responsibility for a budget, including experience of
- Ability to communicate effectively in person, in writing and over the telephone with individuals and with a wide variety of organizations and audiences and to research, analyze and interpret complex information
- and produce clear verbal and written reports.
- Ability to lead and to contribute to the team.

About the Company

The company originated during the Ottoman Empire in 1910 by the trading business of Haj Mahmood Jassim Al Bunnia. Haj Mahmood Al Bunnia first started by bartering goods and quickly, became the exporter of seeds, dates, beans, fruits, wool, and other commodities to the Middle East in addition to being an importer. In the 1950s to meet market conditions and with the formation of the H. Mahmood J. Al Bunnia & Sons Company (HMBS), the operations expanded into the manufacturing of food stuffs and expanded trade to International markets. In the following decades as the socioeconomic environment became more dynamic, HMBS responded by vertically expanding its business lines to maintain independence to best serve its customers. Whenever HMBS faced a challenge or roadblock, the company looked within to overcome and succeed. This often required establishing new companies and competencies such as transportation, engineering, construction and other disciplines which quickly developed into significant enterprises within the HMBS portfolio. This intense goal-oriented focus remains a central part of the companys fabric and serves as the main engine for HMBS vertical and horizontal integration. In the almost 100 years since the company was founded, HMBS has remained a family business that has gained, held, and strengthened market leadership positions through the familys strategy of managing its business with a long-term, regional perspective.