ZAIN1326 – Finance Directors

Business Unit:    Various Business Units across Zain    Division:    Finance
Location:    Various cities across Zain    Closing Date:    08-Feb-2010
Basic Purpose:

Establish and maintain effective financial and accounting recording, reporting and control mechanisms to ensure the operating company meets all Zain requirements  and legal requirements in order to assist the Managing Director and other colleagues in developing and meeting operating company’s objectives, plans, budgets and forcecasts.Manages the OPCO financial, purchasing and (sometimes) legal functions.
 
Main Duties and Responsibilities:
Ensure accurate and timely reporting for management and statutory purposes. Defines necessary controls to ensure the delivery of the budgets and business plans.
Contribute to the formulation of the OPCO strategy and ensure proper budget formulation:
Ensure that all investments and pricing changes are financially sound and drives the performance of the OPCO. Pro-actively seeks to optimize investment proposals
Constructs financial planning andmulti-year modelling
Prepares accurate quarterly forecasts and annual budgets
Manage governance in the OPCO by identifying risks, developing and implementing control procedures and enable employees to better understand governance:
Coaches employees to better understand governance
Identifies key risk areas and ensures strong internal controls
Puts in place effective controls to address all risk areas
Ensures full compliance to legal and group accounting regulations
Ensures the completeness and correctness of all financial reporting
Provide pro-active leadership and advice to senior management on finance-related business-issues and analyze operating results versus approved plans and objectives:
Ensures soundness of OPCO’s financial structure
Actively identifies the key performance indicators which drive the business and ensures that the trends are understood and negative variances addressed
Reports on P&L, balance sheet and cash flow (internally and externally)
Provides accurate and timely information to management of OPCO and Zain on financial trends and results plus relevant KPI’s
Pro-actively assists management when deciding on finance-related issues and seeks to optimize performance
Exchanges best practices with other departments in the own OPCO and with other OPCO’s
Ensure the organization and execution of legal and fiscal activities, in compliance with Zain  guidelines and local legislation, in order to and handle legal and fiscal affairs in the most effective way:
Reviews legal documents
Handles tax authorities
Ensures tax planning and tax structure
Manage and ensure national purchases, as well as support in negotiating interconnect issues, in order to provide necessary material in the best price/quality balance within the OPCO:
Agreeing price & terms targets
Ensures Value for Money regarding costs and that organization is right-sized for level of business
Ensures timely and efficient clearing of incoming goods
Supports the Managing Director in negotiation of interconnect prove, protect, pay and ensures payment of interconnect issues
Manage lending positions and ensure future operational funding, as well as build relationships with funding institutions, listed companies, corporate customers and advisors:
Identifies, plans and enlists future funding
Ensures efficient working capital management
Establishes good relations with business partners relevant for funding
Build relationships with governments, regulatory bodies and suppliers, to raise profile and influence decisions within external political/social environment.
Manage the Financial department:
Manages personnel activities of staff
Hiring and development of skilled staff
Active involvement in people management
Provides leadership
Competencies:
Excellent interpersonal skills
Sets high personal standards and is goal oriented
Excellent communications skills, both orally and in writing
Strong coaching skills
Qualifications:
University degree (Finance, Economics or similar)
Qualified accountant(ACCA or similar)
Minimum of 7 years of industry track record mostly gained in international, blue chip environments
5 years PQE director level overseeing finance function at country or regional level
Telecom experience is preferable
Experience in emerging/ developing countries
Able to operate in a performance driven organization
Strong ethics, hands on approach, business accumen and honed communication skills
Culturally aware and adept at working across multiple geographies
Fluency in English and/or French
Other Information:
Note: you will be required to attach the following:
1. Resume/CV
Apply now!
more job vacancies at zain  click on this link: http://careers.zain.com/careers/zaingroup/VacancyList.aspx?DivisionId=0&CountryId=0

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