Head of Group Financial Strategy & MIS

Employer
Westbourne Partners
Location
Dubai, United Arab Emirates
Salary
Competitive + Relocation Package
Posted
Sep 28, 2019
Closes
Oct 09, 2019
Ref
6419399
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Position: Head of Group Financial Strategy & MIS

Entity: Group Financial Strategy and Business Planning

Location: Qatar

Job Responsibilities:

• Assist the AGM GFSBP to create long-term financial strategies to maximize shareholder value whilst pursuing prudent policies.

• Monitor annual budgets for all divisions/departments/units of the Group in conjunction with the relevant division/department/unit heads in consultation with the AGM GFSBP.

• Provide management with regular reports on progress towards targets, flagging variations and performing initial checks on reasons for under/over achievement.

• Ensure that relevant MIS reports are prepared and presented to the management/the Board on time to enable them to monitor business performance closely and taking timely corrective actions.

• Build and maintain strong and effective relationship with all other related departments and units to achieve the Group's goals/ objectives.

• Liaise with the Group's IT Department to ensure reporting needs of the Group's business lines are timely resolved/attended to, to the extent these are dependent on required system enhancements.

• Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required.

• Oversee analysis and deployment of the latest reporting tools.

• Develop/enhance reporting techniques and maintain reporting standards for the domestic and international businesses.

• Liaise with IT Department to develop/ design MIS reporting pack for reporting purposes and submit the same to the Group's executive management on timely basis.

• Enhance the quality and consistency of the MIS produced for funds transfer pricing reporting related issue.

• Identify requirements for updating the MIS system and lead on the implementation.

• Possess a superior knowledge of business support services and maintain an understanding of all pertinent regulations as well as best practices pertaining to business support services.

• Responsible for developing and training the team in the appropriate skills to ensure an effective and informative MIS.

• Hold meetings with direct reports and assess their performance. Also take decisive action to ensure speedy resolution of unresolved grievances or conflicts amongst personnel.

• Ensure high standards of confidentiality and ethics to safeguard commercially sensitive information.

Candidate Requirements:

• Bachelor/ Master's degree preferably in finance, accountancy or related subjects.

• Professional certification such as CPA, CA, CMA, CFA etc. is a plus .

• Minimum of 10 years' experience in a major bank of which at least 6 years in a senior managerial capacity in the MIS & financial strategy function.

• Excellent oral and written communication skills in English and Arabic (preferred).

• Knowledge of financial reporting processes and related pronouncements, including but not limited to IFRS, IAS etc.

• Proficiency in MIS tools/techniques including budgetary and transfer pricing mechanism.

• Well-developed analytical and interpersonal skills.

• Ability to deliver under pressure.

• Ability to build relationships across the organization to deliver results.