Company: Alghanim Industries

The job holder will support the Finance Director in managing the finance analysis function for a specific business; this will be achieved by directing, supervising and coordinating team activity within the financial control function.This role combines both management/leadership and a hands-on work output.

The role of the function is to support the business in preparation of budgets, forecasting financials, perform meaningful analysis of financials, and assist operations in defining meaning KPIs for monitoring and improving performance and supporting business growth initiatives

•    Partner with business leaders ultimately supporting the achievement of financial business performance

•    Monitor and interpret financial performance, providing regular analysis and expert guidance to General Managers/Directors offering insight and recommendations to enhance business performance.

•    Lead the annual budgeting & forecasting exercise by integrating with key business stakeholders across functions.

•    Ensure that strategic plan, business plan and quarterly reviews are developed and submitted for corporate management review on a timely basis.

•    Play an important role in addressing major strategic issues that have a long-term impact through efficient budgeting & forecasting mechanisms.

•    Provide accurate information to management on a timely basis on key success factors of the business.

•    Review current systems, make recommendations for systems enhancement and participate in implementation of new systems.

•    Carryout detailed revenue enhancing and cost saving analysis eg. pricing, profitability, etc. based on discussions and validation by Director

•    Review capital expenditure models prepared by the team and FE function and manage administrative process of seeking internal approvals etc.

•    Manage key relationships within business like VP, GM, Division Managers etc. and provide ad-hoc analysis at short notice.

•    Participate in evaluating new business opportunities, expansion etc. by building initial models

•    Direct and co-ordinate all activities of the financial control function

•    Lead, coach and develop a team of analysts.

•    Professionally Qualified – CA/CPA/CMA/MBA or equivalent.

•    4-8 years of post-qualification professional experience within finance, with at least 1 year as a Finance Manager in a multinational environment

•    Strong knowledge of financial and management accounting concepts coupled with excellent financial analytical capability.

•    Strong oral, written and presentation skills with the gravitas and presence to interact effectively with VP level stakeholders.

•    Ability to manage delivery of department through the staff in a timely fashion.

•    Strong talent development skills with the proven ability to coach and mentor diverse talent

•    Ability to influence and articulate point of view

•    Exposed to ERP and business intelligence systems.

•    Automotive Industry experience is preferable

Financial Manager

A Financial Manager holds a critical position in an organization, responsible for overseeing and managing its financial health and success. They play a pivotal role in strategic decision-making, budgeting, financial analysis, and long-term planning. With their expertise in financial management, these professionals ensure that the organization’s financial resources are effectively utilized, maximizing profitability and growth.

Key Responsibilities:

1. Financial Planning and Analysis: Financial Managers are tasked with developing comprehensive financial plans, budgets, and forecasts. They conduct in-depth financial analysis, assess financial performance, and identify areas for improvement.
2. Budget Management: Creating and managing budgets is a fundamental responsibility of a Financial Manager. They work closely with various departments to allocate resources efficiently and ensure adherence to budgetary constraints.
3. Financial Reporting: Financial Managers prepare accurate and timely financial reports for senior management, stakeholders, and regulatory authorities. These reports provide valuable insights into the organization’s financial health and performance.
4. Risk Management: Assessing and mitigating financial risks is a crucial aspect of the role. Financial Managers develop risk management strategies to safeguard the organization’s assets and maintain financial stability.
5. Cash Flow Management: Monitoring cash flow is essential to ensure the organization meets its financial obligations. Financial Managers optimize cash flow, manage working capital, and implement strategies for cash preservation.
6. Investment and Capital Management: Financial Managers evaluate investment opportunities and manage capital allocation to support the organization’s growth and profitability objectives.
7. Financial Compliance: Ensuring compliance with financial regulations, accounting standards, and tax laws is a key responsibility. Financial Managers work closely with auditors and legal teams to maintain financial integrity.
8. Financial Strategy and Decision Making: Financial Managers play a critical role in strategic decision-making. They provide financial insights to support management in making informed business decisions.

Skills and Qualifications:

• Financial Expertise: Financial Managers must possess a strong understanding of finance, accounting principles, and financial analysis techniques.
• Analytical Abilities: Strong analytical skills enable Financial Managers to interpret financial data, identify trends, and make data-driven decisions.
• Strategic Thinking: The ability to think strategically helps Financial Managers align financial goals with overall organizational objectives.
• Leadership and Communication: Effective leadership and communication skills enable Financial Managers to collaborate with teams and present financial information to non-financial stakeholders.
• Problem-Solving: Financial Managers should be adept at identifying financial challenges and proposing effective solutions.
• Ethical Conduct: Upholding ethical standards is crucial when handling sensitive financial information and making financial decisions.
• Adaptability: The financial landscape is dynamic, and Financial Managers must be adaptable to changing economic conditions and industry trends.

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How to Apply Alghanim Industries

To apply for this position, please follow the instructions below:

1. Resume/CV Submission: Alghanim Industries

– Prepare an updated copy of your resume or curriculum vitae (CV)

that highlights your relevant experience, skills, and qualifications.

– Ensure that your contact information, including your full name, email

address, and phone number, is included.

– Highlight how your experience and qualifications align with the job

requirements and why you believe you are a suitable candidate.

2. Additional Documents: (if required) Alghanim Industries

“Check below if the post required additional documents”

– If applicable, include any additional supporting documents such as

certifications, licenses, or transcripts that are relevant to the

position.

3. Application Submission: Alghanim Industries

Choose one of the following methods to submit your application:

– Email: Send an email to the mentioned email address with the

subject line. Attach your resume, and any additional

documents as separate PDF or Word files.

– Online Application Portal: Visit provided website and navigate to the

Careers or Jobs section. Follow the instructions to create an

account or log in if you already have one. Complete the online

application form and upload your resume, and any additional

documents as specified.

4. Application Deadline: Alghanim Industries

– Ensure that your application is submitted before the specified

deadline. Late applications may not be considered.

TO APPLY for this particular job post: Alghanim Industries

Send CV or Mail to: Alghanim Industries Now Hiring Finance Manager – Automotive

Contact Number: +96524962000

Note: Make sure to use the contact number for sending job applications through the mentioned contact medium. Avoiding so may lead to application rejection. 

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