Employer Active
- Preparing and ensuring implementation of the debt related financial policies
- Prepare the financial policies related to the public debt, as per the laws and legislations,
- Update the policies periodically as necessary and based on best practices.
- Monitor the implementation of policies by the entities and companies that fall under the
scope of application.
- Submitting reports on policies status and the extent of the entities commitment to them, to
the management .
- Draft Internal Memos to the Director General office and Supreme Fiscal Committee on
related matters.
- Monitoring and evaluation of Government Related Entities (entities owned by the companies and/or
the direct beneficiaries of the Government Budget/Supports (GREs).
- Creation of exhaustive a list/data base of GREs and classifying them based on Government
ownership structure and supports and maintenance and updating of it on an ongoing basis.
- Review and study Financial Statements and analyze the financial situation of the GREs , and
submitting reports and mitigation recommendations for any vulnerabilities to the Chief
Executive Officer.
- Conduct debt stress tests on GREs as and when necessary and at the request of the Chief
Executive Officer.
- Review and examine the requests from GREs and submitting reports and recommendations
to Chief Executive Officer and maintaining a data base Log of these requests and its status.
- Draft Internal Memos to the Director General office and Supreme Fiscal Committee on
various matters related GREs.
- Maintaining a data base log for the Certificates of Approval issued by the Debt Management
Office to the GREs and ensuring the satisfaction of the Condition Subsequent from GREs.
- Collate and conduct periodic consolidation of Financial and Debt related information from
GREs and its analyses and evaluation reports to the Chief Executive Officer and
Presentations to stakeholders
- Coordination with respective parties for the timely execution of the Dividend distribution
policies
- Establishing a periodic reporting mechanism to the Chief Executive Officer for the financial
status of GREs .
- Study and analysis of financial risks
- Establishing and following up a mechanism for identifying financial risks related to
government borrowing based on best practices.
- Develop steps and solutions to mitigate the resulting risks on public debt levels.
- Laying the foundations and steps for determining the financial risks related to GREs
- The policies to provide recommendations on methodological tools to appropriately value
contingent liability risks on GREs
Bachelor s degree, preferably in Commerce, Finance or Business Administration, from a recognized university.
Minimum 8 to 10 years relevant experience in the field to perform required tasks.
Fluent in English (reading, writing, and speaking).
Full Time