Job closed
Ref: KP594-1113
Job description / Role
• Ensure alignment of financal strategies to company’s business goals
• Establish the company’s finance and accounting department.
• Lead the development and implementation of accounting policies and procedures.
• Advise the CEO on financial feasibility of various business matters.
• Establish and approve policies and standards for financial management.
• Establish service level standards and guide the finance team in providing services as per defined expectations.
• Ensure integration of finance and accounting processes with IT systems.
• Faciliate the process of budgeting for the organization.
• Monitor the performance of departments and the organization against the defined budget performance parameters.
• Oversee the preparation of monthly, quarterly and annual financial reports ensuring timeliness and adherence to accounting standards.
• Directs and oversees treasury, budgeting, services costing, accounting, long range financial planning, and credit insurance activities for the organization.
• Ensure monthly analysis of profit projections on every active project.
• Facilitate internal and statutory audits and implement audit recommendations approved by management.
• Oversee all internal transactions and compliance to set standards, accounting, disbursement of salaries and accounts payable to vendors etc.
• Forecast working capital requirements of the organization and manage funding from various sources.
• Manage the risk of foreign exchange rate fluctuations.
• Manage funding for project operations.
• Determine tax implications of proposed overseas projects and as needed seek third party experts.
• Ensure compliance with the requirements of all relevant financial standards such as IFRS, GAAP and authenticity of Financial Reports.
• Ensure that all expenditure of funds complies with organizational guidelines on fraud avoidance and misuse of organizational funds
• Ensure compliance with tax regulations
Requirements:
Graduate in Finance or Business; Preferably a holder of CPA, CA, ACCA or equivalent certification; At least 15 years in Accounting & Financial Management, with minimum 3 years as the Head of Finance in a services company, preferably in a Project Management and Construction Management organization.
Functional:
• In-depth knowledge of Financial Management
• Expert understanding of Project Finance
• Knowledge of Corporate Governance standards.
• Expertise in International Accounting Standards - IFRS & GAAP
Behavioral:
• Analytical and decision making
• Negotiation
• Entrepreneurship
• Leadership
Problem Solving:
• Thinking within broad policies and objectives under general conditions with situations requiring analytical interpretative and/or constructive thinking and a significant degree of evaluate judgement.
• Major deviations from agreed plans are referred to the CEO for discussion.
• Work accomplishment is subject to review at the highest level in the company.
Decision Accountability:
• Incumbent relatively free to determine what general results should be in line with corporate objectives, legal requirements and professional standards and to draw upon reliable resources to accomplish end results.
• Assesments of end results are viewed over longer time spans (6 months to one year).
About the Company
Qatar Project Management (QPM) is an independent subsidiary of Barwa Real Estate Development Company that provides expertise in Project Management, Design Management, Construction Management, and Contract Administration together with other associated Project Management functions. Established in 2008, QPM is centralized platform for provision of Project Management services to Barwa and Qatari Diar as well as local and international markets. QPM provides these services through an in-house team of highly-skilled, motivated, and qualified professionals supported by state-of-the-art information technology and highly-effective Project Management systems.
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