Senior Finance Manager

Our client is a leading global consulting firm, helping the world's top businesses, governments and organizations. Looking for a new "Senior Finance Manager" covering Middle East region.

This position reports to  the Finance & Operations Senior Director

Primary duties and responsibilities

• Strategic management of operations financial health
• Manage and oversee all financial operations; provide leadership and direction to the finance teams, including accounting, budgeting, financial planning and analysis, pricing and project monitoring.
• Financial reporting: analyze financial reports, ensuring accuracy and compliance with regulations and standards.
• Financial analysis: conduct in-depth financial analysis to support decision-making, identify trends, and recommend improvements. Conduct regular performance reviews to identify areas for improvement and opportunities for cost reduction and revenue enhancement.
• Budgeting and forecasting: lead the 3-year planning process and the yearly budgeting in line with the firms strategic initiatives, and investment decisions to support organizational growth and sustainability. Forecast financial performance based on business trends and goals.
• Pricing: collaborate with leadership to ensure pricing strategies are aligned with overall business objectives; Analyze pricing and profitability trends that have an impact on the business and come up with necessary recommendations. Utilize advanced analytics to forecast pricing trends and assess the impact of pricing decisions.
• Project monitoring: work closely with the leadership and team on monitoring and improving the Net Investment KPIs of the firm.
• Leadership support: prepare and deliver strategic presentations to senior leadership, providing insights, analysis, and recommendations on key initiatives and performance metrics.
• Process improvement: identify opportunities for process improvement, streamline financial processes, and implement best practices to enhance efficiency and effectiveness.
• Workflow automation: identify opportunities to streamline repetitive tasks and improve efficiency through the use of technology and automation tools.
• Statutory and tax: lead tax optimisation and tax savings projects in coordination with the Accounting team and the Central Tax team
• KSA local content and ICV score: stay up to date on KSA local content and ME ICV requirements. 
• Manage the Local content and ICV score improvement initiatives in coordination with the team in charge; Provide management with timely updates on this area
• Accounting: supervise the accounting teams activities, including monthly and Year end closing processes, payroll management and reporting, Travel policy monitoring and enhancements and corporate card program management.
• Risk Management: identify and assess financial risks, implement risk mitigation strategies, and ensure compliance with risk management policies.
• Internal Controls: establish and maintain effective internal controls to safeguard assets, prevent fraud, and ensure financial integrity.
• XloS collaboration: work closely with the Central Finance Team in PwC to share insights, representing the firms interest, clearly articulating the firm's position, objectives, and priorities in alignment with the overall organizational goals.Work to ensure alignment between strategies and initiatives to promote cohesion and synergy.
• Standard Operating Procedures (SOPs): develop clear and comprehensive SOPs for key processes, outlining step-by-step instructions, responsibilities, and timelines. Ensure SOPs are regularly updated and easily accessible to all team members.
• Performance Metrics: define key performance indicators (KPIs) for the team members and regularly track progress towards goals. Use KPIs to evaluate performance, identify areas for improvement, and recognize outstanding contributions.
• Vision and strategy: clearly communicate the vision, goals, and strategic direction for the finance department. Ensure alignment with the organization's overall mission and objectives.
• Continuous improvement: encourage a culture of continuous improvement and innovation within the team.
• Solicit feedback from team members, identify areas for improvement, and implement changes to enhance team effectiveness and efficiency.
• Communication: maintain open and transparent communication channels with the team. Keep them informed about departmental updates, organizational changes, and relevant information that impacts their work
• Stakeholder communication: communicate financial information and insights effectively to internal stakeholders, including senior management and department heads.
• Collaboration: instil a high sense of collaboration in particular with the Business operations and Clients and Markets teams as well as the various stakeholders working with the finance department.

Team upskilling

• Training programs: identify training programs to enhance the skills and capabilities of team members. This includes technical training on analysis tools, as well as soft skills training on communication and leadership.
• Mentorship and coaching: offer coaching sessions to help individuals identify and work towards their career goals. Help team members reach their full potential. Offer guidance, support, and constructive feedback to help them overcome challenges and develop professionally.
• Regular reviews and feedback: conduct regular performance reviews with team members to provide feedback on their performance, address any concerns, and set clear objectives for improvement. Encourage an open dialogue and opportunities for self-assessment.
• Team building: foster a collaborative and inclusive work environment where team members feel valued and motivated. Encourage open communication, trust, and mutual respect among team members.
• Empowerment and delegation: empower team members by delegating tasks and responsibilities appropriately. Provide opportunities for growth and development and trust your team to deliver results.
• Conflict resolution: address conflicts and issues within the team promptly and effectively. Foster a culture of constructive feedback and conflict resolution and intervene when necessary to promote resolution and maintain harmony.

Knowledge, skills, and abilities

Qualifications:

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• MBA, Master's in Finance, or related field is highly preferred
• 10 to 15 years of extensive financial management experience, preferably within a consulting or professional services firm.
• Industry knowledge: proven experience in financial planning and analysis (FP&A), accounting principles, and financial reporting standards. Familiarity with the consulting industry's business model and financial dynamics is a plus.
• Leadership: experience in leading and developing a finance team, including financial analysts, accountants, and other finance professionals.
• Strategic planning: demonstrated ability in strategic planning, budgeting, and forecasting with the ability to align financial strategies with overall business objectives.
• Risk management: expertise in identifying and managing financial risks, including compliance with financial regulations and standards.

Skills:

• Strategic thinking: ability to envision long-term goals and develop strategic plans to achieve them.
• Decision making: capacity to make informed and timely decisions based on data and analysis.
• Communication skills: effective communication to convey complex financial information clearly and inspire confidence among team members.
• Integrity: commitment to ethical behavior and adherence to financial regulations and standards.
• Empathy: understanding and consideration of the needs and concerns of team members.
• Visionary leadership: inspiring and motivating others by articulating a compelling vision for the finance department.
• Problem-solving: aptitude for identifying and resolving financial challenges and obstacles.
• Collaboration: ability to work collaboratively with other departments and stakeholders to achieve common goals.
• Adaptability: flexibility to adapt to changing circumstances and navigate through uncertainties in the financial landscape.
• Resilience: capacity to remain resilient in the face of setbacks or challenges.
• Empowerment: willingness to empower and delegate responsibilities to team members, fostering a sense of ownership and accountability.
• Continuous learning: commitment to ongoing personal and professional development, staying updated on industry trends and best practices.
• Innovation: encouraging innovation and creativity in financial processes and practices to drive efficiency and effectiveness.
• Results orientation: focus on achieving tangible results and delivering value to the firm.