Finance Director

Muscat, Oman

Ref: HP647-1631

Job description / Role

Employment: Full Time

An International Food Manufacturing company is seeking to recruit a Finance Director.You will be reporting to the CEO. This position will be based in Muscat-Oman

PURPOSE OF ROLE: To provide strategic leadership to the finance, administration, and information technology functions to enable the Company to attain its strategic goals and grow business in a sustainable manner.

DUTIES AND RESPONSIBILITIES

Management Accounts
- Develop effective strategies to ensure the management accounts and management information on budgets, forecasts and business plans is provided in a timely manner and conveys detailed information and analysis to enable the business to make strategic and operational decisions.
- Develop strategies that improve our management accounts and enable managers to have visibility of the margins and costs for individual customers, products and production lines.
- Develop strategies to enable the management accounts to be provided for the Brand & Commodities and the Food Solutions sectors to enable these sectors to be able to respond to opportunities in the market.
- Present and explain to the Board revenue, cost and margin variances, business plans, forecasts and budgets arising from the consolidated accounts.
- Value Drivers & New Business Opportunities
- To analyse and assess the most profitable sources of value drivers for the business.
- To work closely with the Business Development Managers in assessing and evaluating new and potential opportunities, and to advise the Board on the financial implications of such opportunities, including the costs, risks, and benefits.
- Coach and support the Financial and Administrational Managers in working with the General Managers, and providing forward-looking, timely, high quality and value adding financial support in order for them to become essential business partners to the General Managers and their teams in implementing the Company’s strategy and achieving operational excellence.
- Evaluate and report on the actual costs and benefits of sales, marketing and promotional activities, the validity of forecasts, and provide advice and evaluations for future market development activities.
- Evaluating Strategic Opportunities
- To analyse and assess strategic opportunities and benefits, including but not limited to Mergers and Acquisitions, Joint Ventures and IPOs for one or more and to advise the Board accordingly.
- To be a key player in managing the implementation of Mergers and Acquisitions, Joint Ventures and IPOs.
- Benchmarking Financial Performance
- To undertake and report on the financial performance of AATCO and its companies and provide benchmarking analysis to enable the Board to assess the strengths of its strategy and implementation of its strategy.

Treasury
- To actively manage the cash flow and working capital of the business and oversea the effective management of the Group’s treasury arrangements.
- Manage treasury activities in the countries we operate in and Bank in and ensure currency exchange and lending costs are effectively managed.

Statutory Accounting
- Ensure that statutory accounting and reporting consistently adhere to the legislation of the Company in which the accounts are submitted, and the accounts are audited according to best practice accounting.
- Business Information Systems
- Lead the IT Manager and his team in developing IT systems, programmes and hardware that enables the business to safely store and access information quickly and efficiently, and analyse and data.
- Ensure assets and information is preserved by ensuring the IT Manager, and that he has developed appropriate disaster recovery and back-up procedures and information security and control structures, and recipes and other business critical and confidential information is strictly controlled, monitored and the risks of such information being forwarded or supplied to unauthorized persons is negligible.

Administration
- Provide functional support, coaching and guidance to the administration teams working for the General Managers.
- Provide coaching and leadership in streamlining administrational processes and developing a culture of internal customer service and continuous improvement in the Administrational teams.
- To work closely Head of HR in ensuring that administration and processes that directly affects the Company’s employees are completed in an equitable and timely fashion, adhere to the Company’s HR and people policies, and outcomes are empathetically and appropriately communicated.
- People Leadership & Development
- Lead, develop, inspire and motivate reports and drive an upward improvements in the team’s skills and performance.
- Responsible for recruiting and developing the necessary human resources and capabilities.
- Build effective team and cross functional team working relationships.
- Inspires a high performance learning culture where employees are engaged in the business and its strategic objectives.
- Review annual performance results and directs resources to enable the business to develop appropriate capabilities and a talent pool for future growth.
- Ensures training and development plans and activities focus on areas that are strategically important and in line with our organisational development objectives.
- Support the people agenda and ensure a succession pipeline is developed.
- Coaches direct reports to recruit and develop high performing talent

Health & Safety
- Lead and inspire the team in establishing a safety first culture.
- Ensure the team are communicated to regarding the Company’s Health and Safety standards and how we expect our employees to behave and carry out their jobs in a safe manner at all times.
- Support all safety initiatives and lead the team in achieving and exceeding Health & Safety targets.

Requirements

The ability to communicate strategies, financial data and conclusions from complex data analysis in a succinct manner.

- Outstanding analytical skills
- Forward looking in approach,
- The ability to lead, coach and develop a team
- An understanding of financial business partnering.
- Be focused on value, opportunities, and understand intangible benefits rather just costs.
- Has an intelligent and sharing approach to risk management.
- The ability and desire to work outside of the financial arena
- Be flexible and adaptable.
- Excellent English language skills.
- The ability to speak Arabic and read Arabic numbers would be an advantage.

KPIs
- Developing appropriate financial strategies to enable the business to grow its brand and business in a sustainable manner.
- Developing appropriate IT and business information systems that readily provide the business with information and analysis required to enable the business to function and sustainably grow.
- Ensuring financial risks are managed.
- The accuracy of new business opportunities evaluations, and the provision of advice and guidance on the opportunities, risks and benefits of M & As, JVs and IPOs.
- The costs of lending, Banking relations and leverage.
- The quality of data, analysis and evaluations, together with the advice, support and business partnering provided to the Board.
- Selecting, developing, coaching and inspiring direct reports to implement our business strategy and attain our strategic goals.
- Ensuring the teams are effectively lead, and modern fair engaging people policies are adopted and used.
- Recruitment and development of talent with the technical skills and experience

About the Company

We lead in the creation and delivery of innovative workforce solutions and services that enable our clients to win in the changing world of work.

ManpowerGroup powers the success of many of the world's most dynamic organizations. We deliver innovative workforce solutions that enhance competitiveness, increase efficiency and spur productivity. Combining global reach with local expertise - 3600 offices in over 80 countries - we know the changing world of work and bring a deep understanding of the companies we work for and the industries we service.

ManpowerGroup entered the Middle East in December 2007 after acquiring local company Clarendon Parker, thus bringing 15 years in-depth local knowledge combined with a global footprint and industry shaping expertise and thought leadership. Manpower Middle East supports clients in the Middle East and North Africa regions. Our business is aligned to key skill specializations to ensure our clients requirements are met by expert and knowledgeable consultants that understand your industry and role requirement.

Our consultants are experts in finding the right talent across all industries in a broad-range of occupations including: