وصف الوظيفة
Job Summary:
The Financial Controller plays a critical role in managing and directing all financial and accounting functions within the organization. This position ensures the financial stability of the company while adhering to regulatory mandates and aligning with overarching strategic goals. Key responsibilities include the oversight of budgeting, forecasting, financial reporting, and providing essential insights to support project management and operational decisions.
Responsibilities:
Financial Management:
- Operate and supervise all financial operations, which encompass accounts payable, accounts receivable, payroll, and maintenance of the general ledger.
- Monitor and forecast cash flow to ensure the organization maintains adequate liquidity for ongoing initiatives.
- Create and enforce financial policies, systems, and controls to protect the company’s assets.
Budgeting & Forecasting:
- Develop, monitor, and analyze annual budgets aligned with business objectives and project imperatives.
- Analyze potential financial outcomes based on project pipelines, contractual agreements, and operational strategies.
- Collaborate with project managers to scrutinize project budgets, monitor financial variances, and assess profitability.
Reporting & Analysis:
- Prepare precise monthly, quarterly, and annual financial statements, including profit & loss reports, balance sheets, and cash flow statements.
- Construct comprehensive project financial performance evaluations highlighting cost inefficiencies and potential savings.
- Offer financial analysis and recommendations aimed at enhancing profitability and operational efficiencies.
Compliance & Audit:
- Ensure adherence to local and international financial regulations, tax mandates, and industry norms.
- Collaborate with external auditors during annual evaluations and work towards prompt resolution of audit-related issues.
- Maintain comprehensive records of contracts, invoices, and financial documentation relevant to projects.
Stakeholder Management:
- Engage with project managers, procurement departments, and external partners to effectively navigate project financials.
- Provide senior management with essential financial data to inform decision-making processes.
- Act as the principal liaison for banking relationships and financial institutions.
Risk Management:
- Identify and analyze financial risks linked to projects, proposing effective mitigation strategies.
- Keep track of currency fluctuations and other economic factors that may impact project expenditures.
- Oversee and maintain expected credit losses, advising on potential improvements.
Key Skills & Qualifications:
- Bachelor’s degree in Accounting, Finance, or related disciplines (Master’s or MBA preferred).
- Professional certification such as CPA, ACCA, CMA, or an equivalent qualification is a bonus.
- Minimum of 8 years in financial management, preferably within the construction or project management consultancy domains.
- Deep understanding of project accounting principles, cost control mechanisms, and financial modeling techniques.
- Advanced proficiency in accounting software (e.g., SAP, Oracle, etc.) and exceptional Excel capabilities.
- Strong analytical, problem-solving, and organizational skills.
- Collaborative mindset with an ability to meet tight deadlines in cross-functional environments.
Key Competencies:
- Strategic thinking and meticulous attention to detail.
- Excellent communication and presentation skills.
- Proven leadership and team management qualities.
- Flexibility to adjust to dynamic project landscapes and diverse stakeholder requirements.
متطلبات الوظيفة
Financial Management:
• Oversee all financial operations, including accounts payable, accounts receivable, payroll, and general ledger management.
• Manage cash flow, including forecasting and maintaining liquidity for ongoing projects.
• Develop and implement financial policies, systems, and controls to safeguard company assets.
Budgeting & Forecasting:
• Prepare, monitor, and analyze annual budgets in alignment with project and organizational goals.
• Forecast financial outcomes based on project pipelines, contracts, and operational plans.
• Work with project managers to review project budgets, track variances, and ensure profitability.
Reporting & Analysis:
• Generate accurate monthly, quarterly, and annual financial statements (P&L, balance sheet, and cash flow).
• Prepare detailed project financial performance reports, identifying cost overruns or savings.
• Provide financial insights and recommendations to improve profitability and cost efficiency.
Compliance & Audit:
• Ensure compliance with local and international financial regulations, tax laws, and industry standards.
• Liaise with external auditors for annual audits and ensure timely resolution of audit findings.
• Maintain accurate records for contracts, invoices, and other project-related financial documentation.
Stakeholder Management:
• Collaborate with project managers, procurement teams, and external vendors to manage project finances effectively.
• Support senior management with financial data for decision-making.
• Serve as the primary point of contact for banking relationships and financial institutions.
Risk Management:
• Identify financial risks related to projects and recommend mitigation strategies.
• Monitor currency exchange rates and other economic factors affecting project costs.
• Manage and maintain the expected credit losses, and suggest areas for improvement.
Key Skills & Qualifications:
• Bachelor’s degree in Accounting, Finance, or a related field (Master’s or MBA preferred).
• Professional certifications such as CPA, ACCA, CMA, or equivalent are a plus.
• 8+ years of experience in financial management, preferably within the construction or project management consultancy sectors.
• Strong knowledge of project accounting principles, cost control, and financial modeling.
• Proficiency in accounting software (e.g., SAP, Oracle, or equivalent) and advanced Excel skills.
• Excellent analytical, problem-solving, and organizational abilities.
• Ability to work collaboratively with cross-functional teams and manage tight deadlines.
Key Competencies:
• Strategic thinking and attention to detail.
• Strong communication and presentation skills.
• Leadership and team management capabilities.
• Adaptability to dynamic project environments and multiple stakeholder demands.