Cheif Financial Officer

Job Description

Employment: Full Time Purpose of the jobThe Chief Financial Officer manages the companys Financial situation by observing the current capital structure and developing long-term Financial goals. This position plays an integral role in driving the success of the company by monitoring Financial performance and developing a profitable financial plan.Accountabilities and Duties Oversee and review the budgets for each business departmentOversee the budget planning along with the top managementAnalyse the Financial climate and market trends to assist senior executives in creating strategic plans for the futureMonitor cash flow, accounts, and other Financial transactionsCreate strategies and practices to minimise Financial riskUpdate and implement the Finance Department policies and procedures and ensure that they serve the overall strategies of Alkan CIT groupEnsure that Alkan CIT groups Financial systems are up to date, compliant and support current activities and future growthTake ultimate responsibility for the company cash management policiesManage Alkan CIT groups policies regarding capital requirements, debt, taxation, equity, disposals and acquisitions, as appropriateFollow up on Alkan CIT groups Financial position in a constant manner and act to prevent problemsSet targets for and supervise all accounting and Finance managersPrepare timely and detailed reports on financial performance on a quarterly and annual basisProvide regular performance management for subordinates including (Feedback, Coaching, career development, and disciplinary actions).Oversee commercial decision making from tender analysis, margin analysis, pricing analysisAdvise and implement best practice methods to increase revenue and reduce costs.Manage the essential Procurement & Logistics processes technical & commercial -domestic & international projectsDevelop and implement strategies, policies & procedures for Procurement, Supply chain and sub-contracting activities to achieve the organizational business objectivesSet Procurement targets with the managers and monitor their performance to deliver substantial cost savings reduction to represent a major opportunity of profit leverage effect REQUIREMENTS: At least 15 years of experience in a senior financial managerial position with a proven record of successBachelors Degree in Accounting, Finance, or related fieldMBA Holder is preferredUnderstanding of domestic and international Tax regulationsSound decision making skills based on accurate and timely analysesResults oriented and metrics drivenAbility to lead by example and demonstrate a strong sense of integrity, ethics and dependabilityStrategic thinking, planning and creative problem-solving skillsAbility to collaborate with upper management to organize, plan and achieve company financial goals

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About Company

Alkan CIT is a leading telecommunication solution provider that offers a variety of turnkey solutions for telecom operators in the Middle East and Africa. With local presence in most countries of the MEA region, we fully support the operators business from the planning phase to full operation. Services include GSM/CDMA network planning & rollout, installation & commissioning, operation & maintenance, quality of service monitoring, Revenue assurance & Fraud management, network security, value added services (VAS), GIS applications and help desk.