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Somaliland Job Opportunities:Chief Finance Officer – DP World Berbera
Somaliland Job Opportunities:Chief Finance Officer – DP World BerberaHorn Diplomat • Charlotte, NC, United States
Somaliland Job Opportunities : Chief Finance Officer – DP World Berbera

Somaliland Job Opportunities : Chief Finance Officer – DP World Berbera

Horn Diplomat • Charlotte, NC, United States
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Home News Africa Somaliland Job Opportunities : Chief Finance Officer – DP World Berbera

Division : Finance Location : Berbera, Somaliland Department : MIDDLE EAST REGIONAL OFFICE- DPW FZE MIDDLE EAST REGIONAL OFFICE – DEP

Closing Date : 31-Mar-2017

Overview

Chief Finance Officer : Based in Somaliland – Berbera – you will report to the CEO of the Business Unit. This role will be responsible for all financial related activities including Budgeting and Cost Control, Accounts, Audit, Taxation, Insurance, Banking and Treasury. Under the present Organization Finance will also be responsible of the procurement Department.

Key Accountabilities

  • Ensure budget templates are prepared by Finance & Accounts team and handed over to Head of Departments
  • Compare the proposed budgets with previous year’s actual to spot trends and unusual happenings
  • Ensure accuracy of annual budget preparation for all the departments and consolidation of the budgets
  • Ensure adherence to the allocated budgets
  • Participate in all budgetary meetings
  • Analyse, evaluate, and ensure implementation of the purchasing policies and procedures
  • Evaluate purchasing transactions and procedures; implement modifications to increase cost-effectiveness of the purchasing program
  • Coordinate with Procurement Manager and approve requests for procurement of materials
  • Coordinate with Procurement Manager and approve requests for procurement of material

Supervisory Functions

Oversee accounting functions

  • Ensure timely processing of accounts payable
  • Ensure management of accounts receivable, credit and collections
  • Ensure reconciliation with banks
  • Ensure timely processing of salaries and other payments
  • Preparation of financial statements

  • Ensure timely preparation of books of accounts
  • Ensure proper recording of entries in books of accounts
  • Ensure proper maintenance of books of accounts
  • Ensure proper coordination with statutory auditors
  • Manage preparation of profit & loss statement and balance sheet
  • Accounting systems and procedures

  • Define and ensure the implementation of internal control systems
  • Define and ensure the implementation of accounting policies as per accounting standards and the relevant regulations
  • Monitor accounting masters such as creation of new accounts, deletion of accounts
  • Check all financial reports prepared
  • Ensure timely completion of reporting
  • Collect information relating to capital expenditure payments and update on a regular basis for the purpose of Cash Flow projections

    Assist in preparation of cost studies related to various projects and proposals

    Manage liaison with various statutory bodies

  • Banks, Financial Institutions, Government officials for various sanctions and permissions, Social Security , Tax
  • Manage auditing. Ensure effective coordination with internal and external auditors

    Ensure corrective action

    Establish and implement Performance Testing Standards and Best Practices for the department

    Develop, implement and enforce department’s policies, procedures, and guidelines in coordination with the general management of DP World

    Plan and monitor training programs for department personnel

    Plan, monitor and analyse MIS reports

    Establish and maintain performance criteria (KPIs)

    Perform periodical scheduled performance review with reporting personnel

    Provide regular process control checks, initiate and support performance improvement activities

    Implementation and compliance with HSE policy

    Any other work deemed fit for structuring of tasks and goals, to achieve high productivity with efficient utilisation of resources

    Experience

  • Experience in Finance department of any multinational organization or port
  • Mandatory : 10 to 12 years
  • Preferable : 12 to 15 years
  • Experience in managerial role
  • Mandatory : 5 years
  • Qualifications

  • CA / CFA / Graduate / Bachelor degree in accounts / management accounting
  • Strong leadership and relationship building skills
  • Excellent communication skills
  • Decision making and analytical ability
  • Fraud Advisory

    DP WORLD IMPERSONATED IN A RECRUITING SCAM

    Dubai, UAE : DP World, Ltd. (DP World) alerts job applicants and the public about a fraudulent scheme in which DP World has been impersonated.

  • The scammers fraudulently impersonate DP World employees;
  • Conduct “job interviews” via text message, telephone, e-mail, and / or instant message for work-from-home positions; “Hire” employees to join DP World;
  • Provide the “employees” with funds to buy home-office equipment and pay DP World “vendors” via fraudulent checks and money orders;
  • Instruct the “employees” to deposit the checks into their personal bank accounts and wire or cash transfer some portion of the funds to “vendors,” which are actually the scammers.
  • DP World informs job applicants and the public about related scams

  • DP World is not expanding its operations in the United States in the next 3-6 months (as the scammers allege);
  • DP World’s operations in the United States are currently limited to Charlotte, North Carolina and are not expanding to any other locations for the foreseeable future;
  • DP World does not solicit potential employees via text message or instant messaging;
  • DP World does not interview employees by text message, e-mail, or instant messaging (including Google Hangouts);
  • DP World does not issue payment to its employees via paper check or money order;
  • DP World does not require employees to buy their own office equipment or personally pay vendors;
  • Red flags

  • Poor grammatical use of English in communications
  • Use of public email services (e.g., Gmail, Hotmail, Yahoo, Outlook) for legitimate DP World correspondence
  • Requests for employees to pay vendors personally or to deposit checks and then transfer funds to vendors
  • Contacted individuals should not respond to any fraudulent correspondence and should direct concerns to DP World’s official channels. If concerns about authenticity arise, contact HO.Recruitment@dpworld.com.

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