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Director of Financial Operations

2 weeks ago


Manama, Manama, Bahrain beBee Careers Full time
Senior Director Business Finance Role Summary

This role requires a leader to develop and implement business finance plans, ensuring accurate data and analyses for senior management decision making and achieving a strong financial position.

Main Responsibilities:
  • Develop business finance strategy and oversee its implementation, including performing and delegating related activities.
  • Translate corporate strategy into functional business plans and oversee their execution.
  • Prepare and monitor business finance department's business plans and annual budget, aligning with company objectives.
  • Control expenditure against approved divisional budget and investigate significant variances for effective cost control.
Financial Planning:
  • Develop budgeting plans, guidelines, timetables, and templates, ensuring proper dissemination of supporting budgeting materials.
  • Lead the development of long-term and short-term revenue and cost financial plans for market evolution and strategic objectives.
  • Oversee individual BUs' reported revenue and cost details for accuracy and challenging reports as needed.
  • Guide the development of variance analysis reports to identify discrepancies between forecasted and actual cost.
Leadership and Team Management:
  • Provide effective leadership across business finance department, setting individual objectives, reviewing performance, and developing employees.
  • Coordinate team activities to ensure efficient work, aligning with annual business plans, policies, and procedures.
  • Approve workforce plan and oversee staff hiring, performance management, and training activities.
Strategic Innovation:
  • Identify opportunities for continuous improvement of department's systems, processes, and practices.
  • Approve department's organization change plans, focusing on strategic innovation and driving change.
  • Research regional and global market trends to stay updated with best practices and drive improvements.