Head of Finance Job Holder Name
Unit Finance Reporting To Group Chief Financial Officer/

Head of Retail – Big Mat

Based At Ta Qali Accountable For Retail Finance Team/ Assistant Finance Manager

 

POSITION SUMMARY
 

This position within the Retail Unit involves direct management of the units’ Treasury needs, preparation of Management Accounts, budgets, computations and overall running of the units Finance Department.

 

NO. KEY RESPONSIBILITIES AND ACCOUNTABILITIES
1 Manage the company’s financial accounting, reporting and monitoring systems
2 Collate, prepare, and interpret reports, budgets and accounts
3 Ensure that correct and accurate company monthly management accounts are being prepared in line with specific deadlines
4 Responsible for the unit liquidity and cashflow including the collection of funds and payments.
5 To forecast the units’ cash flow positions, related borrowing needs, and funds available for investment.
6 Overseeing all processes effecting the finances of the company to ensure the proper internal controls and to make the process more efficient.
7 Participate in the formulation of strategic and long-term business plans
8 Analyse change and advise management on the best way forward considering on going developments
9 Reviewing, updating and implementing existing internal control procedures and introducing new controls when appropriate
10 Develop financial management tools to minimize financial risk for the company
11 Oversee the selection, training and performance of staff
12 Liaise with the external auditors of the company to ensure that appropriate annual monitoring is carried out
13 Keep abreast with relevant changes in international accounting standards, best practices and applicable regulations

 

PHYSICAL REQUIREMENTS / WORKING CONDITIONS
Work in normally in an office environment.

 

Working hours are usually up to 40 hours a week but being a managerial position, hours can vary according to company needs and more hours are normally expected in such a role

 

 

EDUCATION & LICENSES REQUIRED
Previous experience in IFRS [International Financial Reporting Standards] reporting, Management Accounting, Budgeting and Treasury Management is required to fulfil this position.

 

Previous experience in the retail industry would be considered as an asset.

 

The ideal candidate must be fully ACCA (Association of Chartered Certified Accountants) qualified or have a similar qualification.

 

KNOWLEDGE / SKILLS / QUALITIES / TOOLS & EQUIPMENT USED IN THIS POSITION
• An understanding of the industry the organisation is operating in

• Knowledge of financial reporting and accounting standards and regulations

• Proficiency in Mathematics

• The ability to clearly and coherently explain financial information to clients or management

• Personnel management skills

• Negotiation skills

• Leadership skills

• The ability to manage conflict

 

• Interpersonal skills

• Strong written communication skills in English

• IT skills

• Organisational and planning skills

• Problem solving and decision-making skills

• Time management skills

• The ability to work under pressure and adhere to tight deadlines

• The ability to work independently and as part of a team

 

• A high level of drive and ambition • A methodical and meticulous approach • A sense of initiative • A solution-oriented approach • Accuracy • An ability to see the bigger picture • Assertiveness • Attention to detail • Business acumen • Confidence • Critical thinking skills • Honesty • Inquisitiveness • Integrity

 

 

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