“DIRECTOR, GROUP CONSOLIDATION & FINANCIAL POLICIES”

WeBecome is a Business Consulting and Professional Services company, with impressive presence in 6 countries worldwide. We have been retained by our MNC GSM TELECOM client in QATAR; Middle East to hire “DIRECTOR, GROUP CONSOLIDATION & FINANCIAL POLICIES”
Qatar has developed itself as Educational HUB of MENA Region. You’ll Earn 100 % Tax Free Salary. Excellent Work Culture. Most secure place in Middle East to settle Down / Relocate.

JOB Location: QATAR-Doha, Middle East.

JOB Title: DIRECTOR, GROUP CONSOLIDATION & FINANCIAL POLICIES

Salary: 100 % TAX FREE Competitive Salary Package + EXPAT Benefits.

JOB Type: Permanent.

Department / Section: Financial Controlling

Reporting to: Financial Controller

KEYWORDS:

Group Consolidation, IFRS & Consolidation Principles, Audit, Review M&A’s Deals, Group Financial Policies, Manage OPCOs (Operating Companies / Subsidiaries), CA, ACCA, CIMA, CMA or CPA. Minimum 12 + Years Experience & atleast 5+ Years in Managing Group Consolidation.

DIRECTOR, GROUP CONSOLIDATION & FINANCIAL POLICIES

Department / Section: Financial Controlling

Reporting to: Financial Controller

ROLE AND CONTEXT

Purpose:

• Manages financial reporting including Group consolidation and Group finance policies effectively and proactively to conform with generally accepted accounting principles for reporting to senior management, stock exchange and shareholders

Context:

• The role holder works closely with the Group and OpCo finance teams. The role holder
• Understands complex financial accounting treatments, IFRS and group consolidation principles
• Oversee group financial policies including developing financial policies and procedures.
• Develops and provides decision support analysis using existing reporting tools and assists in enhancing these tools.
• Helps in reviewing the M&A deals having financial,  accounting and shareholder implications
• Reviews the financial statements of OpCos and SPVs

ROLE ACCOUNTABILITIES

• Manages the group consolidation and financial reporting activities. Ensures timely as well as quality of group financial reporting without any audit qualification.
• Ensures that Monitoring and controlling of information flows from OpCos in a manner to achieve timely, complete and accurate reporting.
• Oversees the review of financial statements of OpCos and advises on group consolidation principles having strong understanding and knowledge of IFRS.
• Understands the relevant IFRS implications for the group and provides the necessary guidance to accounting team and OpCos.
• Reviews and ensures up-dation of the group financial policies as well as the financial policies at the relevant OpCos, in compliance of good corporate governance.
• Reviews and timely updates of financial authority matrices for the group as well as OpCos.
• Provides management with regular as well as custom financial reports, which are key to the decision-making process.
• Reviews the shareholder agreements having financial obligations and proactively recommends to management suitable actions to be taken.
• Manages the audit & statutory reporting of intermediary holding companies and management companies within the Group
• Periodically evaluates adequacy of financial reporting tools and ensures implementation of suitable solutions to meet changing requirements
• Liaises with Legal and Finance colleagues of the group and OpCo finance teams.
• Assists in planning on finance and accounting aspects of the Group’s business proposals and M&A activities.
• Liaises with external auditors where required.
• Other ad hoc duties as assigned

ESSENTIAL EXPERIENCE & KNOWLEDGE

• Minimum 12 years of post qualification experience out of which at least 5 years managing complex group consolidation (specifically in Telecom domain But Telecom Industry is Not Mandatory)
• Post qualification experience in big 4 audit firms will be an added advantage

ROLE-BASED QUALIFICATIONS

• Bachelor Degree in Finance or Accounting with professional qualification like CA, ACCA, CIMA, CMA or CPA.

KEY PERFORMANCE INDICATORS

• Manage the group consolidation and reporting functions to ensure timely, relevant and accurate reporting
• Review of financial statement of OpCos and highlighting significant issues in balance sheet and cash flows
• Review of shareholder agreements and reports to management on accounting and financial implications

KEY RELATIONSHIPS:

• Role reports to: Financial Controller
• Liaises with Finance and Taxation teams in OpCos, Auditors, Group Legal and M&A team

DECISION MAKING AUTHORITY:

• It is a group support role and implementing and overseeing the group financial and reporting matters.
• Role holder is not a cost centre head and does not have financial authorities.

TECHNICAL & NON- TECHNICAL

• Ability to demonstrate the skills required for managing a finance team and technical finance skills.
• IFRS knowledge
• Experience in telecom finance

OTHERS

• Working knowledge in Excel, word and Power Point
• Knowledge of ERP systems like Oracle, added advantage

Interested candidates; you are also requested to put in the following details in your cover note:

1. Current Salary.
2. Expected Salary (Please Don’t Mention Only Negotiable, Put In Figures).
3. Notice Period.
4. Nationality.
5. Languages.
6. Gender.
7. Current Location.
8. Relocation Readiness – Yes / No

Without These details your profile will not be entertained, kindly send in your Word Format resumes to: uae@webecome.com .Thank you-

Disclaimer Clause:-
You are free to forward this Job Post to candidates who fit the job description. Please IGNORE this email if you are working for the above mentioned Client of Webecome.Com (s) Pte Ltd.

Ashraf Kazi | WeBecome Consultants Pvt Ltd |

Email: uae@webecome.com

Skype: ashraf996322 Mobile: (+91)9325996322

TEL : (+65) 31493192 / (+91) 20-65104359

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