Finance Business Par....
Finance Business Partner Saudi Arabia and Bahrain - OTIS
Posted on :
16-01-2024
Employer Active
1 Vacancy
The job posting is outdated and position may be filled
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
16-01-2024
Job Description
Req ID : 2456445
Date Posted:
Country:
Saudi Arabia Location:
Otis Elevator Company Saudi Arabia Ltd 11th Floor Tower B Zahran Business Center Prince Sultan Street Salamah District Jeddah Saudi Arabia Strategic Responsibilities
- Develops and implements strategic plans for Finance Department in line with the organizational objectives.
- Reviews the financial performance of the Finance Department against budgets to identify and capitalize on potential areas for cost reduction and performance improvement opportunities.
- Monitors the deployment of work processes in Finance Department in order to achieve high performance standards continuous improvement and compliance with organizational policies procedures and standards.
- Participates in the development of the workforce plan for the Finance Department by providing inputs based on workload analysis and forecasting trends.
- Participates in the implementation of Otiss vision mission and cultural values across all employee groups in the Finance Department.
- Manages the implementation of approved Finance Department policies procedures and controls so that all relevant procedural/legislative requirements are fulfilled while delivering quality costeffective services.
Core Responsibilities
- Acts as a strategic financial partner to the General Manager on the financial positioning of Otis KSA & Bahrain highlighting strategic plans financial budgeting cash flow accounting and policy matters.
- Monitors interprets and challenges financial results and communicate issues risks opportunities and trends and performance outlook to the management on a timely basis.
- Leads the annual budgeting process for Otis KSA & Bahrain and its functions in order to ensure that budgeting requirements are aligned to the strategic goals and objective of the organization.
- Monitors the overall financial performance including anticipated costs / revenues excesses / deficits areas of unsatisfactory performance and potential performance improvement opportunities to identify risk mitigation strategies.
- Ensures efficient and effective management of Otis KSA & Bahrains finances through all necessary financial controls systems and processes and ensures accuracy and integrity of the companys financial records.
- Liaises with internal and external auditors and ensures that they are provided close cooperation and assistance in the discharge of their responsibilities including all Otis KSA & Bahrains financial statements and reports.
- Ensures completeness accuracy and timeliness of all financial reporting including the coordination and completeness of annual audit reviews and ensuring compliance with all legal and statutory requirements.
- Advices management on any changes in legislation or regulations that may affect Otis KSA & Bahrains business operation
- Work with the senior management team to set the pricing strategy ensuring cost rates calculated provide full recovery to the business area and profitable projects are sold
People Management
- Develops a continuous talent pipeline for key roles in the Finance Department and provides mentoring for high potential talent in the team.
- Monitors and enables the achievement of goals and key performance indicators for direct reports and ensures effective implementation of the performance management process in the department.
- Develops talent within the department by providing guidance ongoing feedback coaching and development opportunities to individuals to enable achievement of the defined goals.
Minimum Qualifications
- Bachelors degree in Finance/Accounting or equivalent
- Masters degree in Finance/Accounting is preferred
Professional Certifications
- Relevant certification such as Certified Management Accountant (CMA) or equivalent is preferred
Years of Experience
- Minimum of 10 years of relevant experience in managing financial operations in a construction/engineering organization
Nature of Experience
- At least 8 years in positions of progressively increasing managerial responsibilities
Language Skills
- Fluent written and spoken English essential
Otis is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or veteran status age or any other federally protected class. To request an accommodation in completing an employment application due to a special need or a disability please contact us at
confidential
. More jobs on
Employment Type
Full Time
Report This Job
Disclaimer: Drjobs.ae is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
