Senior Director

6 months ago

Doha, Qatar Ooredoo Group of Companies Full time

Purpose

The role holder is responsible for Managing Ooredoo Group (operations & joint ventures) to drive Opcos' performance improvements, to maximise their return, analyse, consolidate their deliveries and provide meaningful reports to the senior management for informed decision making.

Role Accountabilities
- Monitor performance of Ooredoo Operating Companies and recommend strategies to remedy poor performance and implement/share best practices to provide clear visibility and recommendation of improvement programs/actions on the business performance.
- Ensures that current investments and result are in line with the strategic top down targets
- Lead (and improve where necessary) the financial performance monitoring process to provide accurate and up to date information to top Management in relation to the performance of its investments
- Manage the monthly closing, quarterly and Year-To-Date financial management and board reports ensuring all inputs are accurate and provide commentary and recommendations.
- Reviews and provides support leading to monthly / quarterly review of OpCos performances by GCEO / DGCEO / GCFO.
- Leads the implementation of financial policies and procedures within the OpCos in own area ensuring they are adhered to and are working effectively.
- Works with Group Strategy in setting shareholder expectation leading to business plans.
- Work closely with Opcos' finance counterparts to monitor performance and to ensure open discussion, review, verification, challenging and completion of Annual Budget and 3 Year Business Plans.
- Supports Group consolidated business plans, evaluation of investments based on long-term projections (10 year model) and liaise with auditors for valuation of investments
- Supports in validating Corporate and OpCos' scorecards for CEO and CFO and validates the measures as part of annual appraisals
- Recommend and agree suitable KPIs on which to report to top Management to drive forward the achievement of targets.
- Manages relevant GMC and GTC action items in line with expectations and timelines
- Reviews investment proposals from OpCos and provides clearance to approving authorities in Group in accordance with DOA matrix
- Ensure monthly variance analysis, benchmarking, financial modelling across the OpCos in own area are executed and ensure they have the necessary knowledge and ability to meet their requirements.
- Regularly review data quality within the various OpCos identifying the gap between realized and expected outcomes.
- Ensure that all information gathering from group companies is carried out in a prompt, efficient manner and in accordance with the deadlines.
- Communicate promptly and appropriately with the group companies, as directed by Deputy Group CFO/ Group CFO to ensure full understanding and timely submission of all requests.
- Drive forward financial process improvements to increase automation and reduce manual intervention
- Provide guidance and support to all group companies to maximise returns whilst minimising potential losses (minimising risk exposure).
- Engage with and review investment opportunities which may be initiated by Group Wholesale team.
- Assists in preparation of financial data related to Stock Market and research Releases.
- Manages and delivers on any one-off Group-led assignments from time to time.
- Work with the OPCO's to support Transformation programs

Experience & Qualifications
- Must have a minimum of 10+ years' experience within a telecom environment, coupled with at least 5 years of exposure/understanding of medium terms business & strategic plan, consolidation, evaluation, and investment opportunities
- Worked at a senior level within an organization to formulate a strategy
- Proven ability to manage the delivery and development of financial performance reporting across a Group or large organisation.
- Knowledge of general accounting, General Ledger, and financial statements in international standards.
- Strong experience in a Financial Reporting Environment and Financial Reporting Systems
- Good working knowledge of Information Systems and Financial Consolidation and reporting tools (i.e. Hyperion, Cognos, Oracle, OFA)
- Proficient with MS Office

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