Senior Finance Manager
16 hours ago
Job Summary
\The Head of Financial Operations is responsible for leading the finance function at Nakilat, providing financial guidance and support to management and other stakeholders. This role requires a highly experienced and skilled individual with extensive knowledge of financial principles and tools, including US GAAP and IFRSs.
\Key Responsibilities
\- \
- Lead the preparation and completion of quarterly, half-yearly, and annual financial statements within the required timeline for all wholly owned and JV entities, ensuring accuracy and compliance with IFRS/US GAAP and Corporate Services Agreements.\
- Develop and implement financial planning and analysis strategies to support business growth and expansion.\
- Provide financial guidance and support to management and other stakeholders on financial matters.\
- Analyze and provide insights on the financial performance impacts of organizational initiatives.\
- Oversee the timely preparation and presentation of materials for the Board of Directors.\
- Coordinate the ongoing development and maintenance of the MIS and reporting tools, ensuring accuracy and reliability of financial reports.\
- Manage entity level external auditors for annual statutory audit, half-yearly review and interim audit to ensure that all audit queries are adequately addressed and resolved in a timely manner.\
- Lead and coordinate the preparation of ad-hoc models and analysis to support operational and strategic business decisions.\
- Serve as the Risk Champion, ensuring that financial risk management practices are embedded across the organization and aligned with strategic objectives.\
- Monitor internal KPI targets and interact with different functions for regular performance reviews and evaluation of actual data.\
- Ensure all applicable financial controls are adhered to.\
- Achieve all functional objectives and KPIs set are in accordance with the approved plans and timeline.\
- Support Investor Relations team where required.\
- Present entity and group level performance in the CFO's quarterly review meeting.\
- Oversee the preparation of the internal vessel technical managing company's monthly OPEX cost report, providing analysis and commentary on variances.\
- Plan, direct, and manage the company's financial risk activities, including risk identification, assessment, and mitigation for both new and existing projects.\
- Provide financial expertise and support to other departments as needed.\
- Stay up-to-date with changes in financial regulations and best practices, ensuring compliance with relevant laws and standards.\
- Contribute to the development and implementation of business strategy, working closely with senior management and other stakeholders.\
- Build strong relationships with key stakeholders, including management, employees, customers, and suppliers.\
- Collaborate with cross-functional teams to drive business results and achieve organizational goals.\
- Identify opportunities for process improvements and implement changes to increase efficiency and effectiveness.\
- Develop and maintain effective communication channels with stakeholders to ensure timely and accurate information exchange.\
- Participate in professional development and training to stay current with industry trends and best practices.\
- Perform other duties as assigned by management.\
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