Overview
We are looking for a proactive Head of Finance MENAI to lead financial planning and drive growth in India and the MENA region. The role involves collaborating with senior management to create financial strategies, manage budgets, conduct analyses, and generate decision-making reports.
Key duties include overseeing the budgeting process, monitoring budget performance, identifying risks, and leading strategic initiatives, such as mergers and acquisitions. Strong stakeholder management skills are essential for engaging with cross-functional teams and presenting insights to leadership. The ideal candidate will have excellent analytical, strategic thinking, and relationship-building skills to improve organizational efficiency and results.
Key Responsibilities
Financial Planning and Strategy:
- Develop and implement financial planning strategies to support business objectives and long-term growth plans in India and MENA region.
- Collaborate with senior management to formulate financial targets, budgets, and forecasts.
- Conduct comprehensive financial analysis to identify trends, opportunities, and areas for improvement.
Forecasting and Budgeting
- Lead the annual budgeting process, working closely with department heads to develop accurate and achievable budgets.
- Prepare monthly, quarterly, and annual financial forecasts, highlighting variances and providing insights to support decision-making.
- Monitor performance against budgets and forecasts, identifying risks and opportunities for improvement.
Financial Reporting & Analysis
- To independently manage the annual statutory audit and tax filing for India and MENA regions.
- Prepare and analyze financial reports, including income statements, balance sheets, and cash flow statements.
- Provide insightful commentary and recommendations based on financial analysis to support strategic decision-making.
- Develop key performance indicators (KPIs) and dashboards to track financial performance and operational efficiency.
Strategic Financial Projects
- Lead strategic financial projects, such as mergers and acquisitions, investment analysis, and business case development.
- Evaluate the financial impact of proposed initiatives and provide recommendations to senior management.
- Drive process improvements and efficiencies within the FP&A function to enhance accuracy and effectiveness.
Stakeholder Management
- Collaborate effectively with the GMs and cross-functional teams, including HR, finance, operations, sales, and marketing, to align financial goals with business objectives.
- Present financial analysis and recommendations to senior management and key stakeholders in a clear and concise manner.
- Build strong relationships with internal and external stakeholders to facilitate collaboration and drive results.
Requirements
- A degree in finance, accounting, business administration, or a related field is typically required. An advanced degree (e.g., MBA) or professional certifications (e.g., CPA, CFA) is often preferred.
- Extensive experience in financial management, preferably in a leadership role. Experience in the MENA region and/or familiarity with the Indian market is highly advantageous.
- Strong understanding of local statutory financial and tax reporting, budgeting, forecasting, and strategic financial analysis. Ability to interpret financial data and guides business decisions.
- Familiarity with local regulations, tax laws, and financial reporting standards in both India and MENA regions.
- Proven ability to develop and implement financial strategies aligned with business objectives, demonstrating strategic thinking and operational effectiveness.
- Excellent communication and interpersonal skills to collaborate with senior management, cross-functional teams, and external stakeholders.
- Strong analytical and problem-solving abilities to identify trends, assess risks, and derive actionable insights from financial data.
- Experience in leading financial projects, including mergers and acquisitions, capital investments, or organizational restructuring.
- Familiarity with financial software and ERP systems, as well as knowledge of data analytics tools and financial modeling techniques (PowerBI, Adaptive, etc.)
- Ability to navigate and adapt to diverse business cultures within the MENA region and India, demonstrating cultural sensitivity and awareness.
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