Developing financial management mechanisms, policies and minimize risks. Manage all insurances aspects and agreements. Engage in benchmarking studies to establish areas of potential operational improvements. Oversee employee’s payroll and benefit plans, team building and development plan. Responsible for preparing and managing companies financial accounting, monitoring and reporting policies and procedures, systems; responsible for systemizing, processing, tracking and recording all the day-to-day transactional accounting for the business; collections, payments, insurance, taxes, zakat and preparation of accounts.
Providing and interpreting financial information and results to management, recommend improvement activities, the management of any government reporting on time, preparations of the in-house financial statements also engagement with an external auditor for the finalized financials for issuance and assurance purposes.
Managing the organization’s cash flow ensuring there are enough funds available to meet operational and capital investment requirements. Financial planning, forecasts and projections are to be prepared on a regular basis, systematically calculate the ongoing cash needs, monitoring the regular working capital, cash flows, predicting future trends and needs.
Prepare the organization’s budgets based on valid assumptions, liaise with other departments in regard to preparations and to report back on the progress against these throughout the year; formulate strategic decisions, directions and long-term business plans; contribute short and long term objectives perspective based on special financial and economic assessment techniques. Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis.
Managing, overseeing, sourcing and arranging short term and longer term financing through banks, private lenders debt, any applicable entities, share issuance/equity to private investors, angel investors, venture capitalists, public share offerings (IPO), acquisitions, negotiations, due diligences and post-close integration; responsible for preparing all aspects, elements and the required documents.
Provide strategic analysis, analyzing market change and advising accordingly, researching, reviewing and reporting on factors influencing business performance, conducting reviews, sensitivity analysis and evaluations for cost-reduction opportunities and investments; analyzing competitors and market conditions (Macro, Micro, PEST, SWOT, etc) and trends. Review the performance of competitors and report on key issues to management.
Prepare project execution plan, business plans, financial studies, feasibilities and target-costing activities, market segmentations, assumptions and forecasts for target segments, future road map for new products and services, cost, pricing structures analysis to create products that meet predetermined goals and new investments. Formulate products pricing in relation to features offered and competitors pricing. Business case analysis for new products, markets, marketing plans.
Contribute to the management by measuring and reporting regularly on key numbers crucial to the success of the organization. Create additional analyses and reports as requested by management. Compile key business metrics and reports to management. Manage any third parties to which functions have been outsourced. Responsible for restructuring when and where there are needs to ensure that all departments are inline to achieve the overall goals and objectives.