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 payableEnsure management of accounts receivable, credit and collectionsEnsure reconciliation with banksEnsure timely processing of salaries and other paymentsPreparation of financial statements
Ensure timely preparation of books of accountsEnsure proper recording of entries in books of accountsEnsure proper maintenance of books of accountsEnsure proper coordination with statutory auditorsManage preparation of profit & loss statement and balance sheetAccounting systems and procedures
Define and ensure the implementation of internal control systemsDefine and ensure the implementation of accounting policies as per accounting standards and the relevant regulationsMonitor accounting masters such as creation of new accounts, deletion of accountsCheck all financial reports preparedEnsure timely completion of reportingCollect 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 , TaxManage 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 portMandatory : 10 to 12 yearsPreferable : 12 to 15 yearsExperience in managerial roleMandatory : 5 yearsQualifications
CA / CFA / Graduate / Bachelor degree in accounts / management accountingStrong leadership and relationship building skillsExcellent communication skillsDecision making and analytical abilityFraud 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 communicationsUse of public email services (e.g., Gmail, Hotmail, Yahoo, Outlook) for legitimate DP World correspondenceRequests for employees to pay vendors personally or to deposit checks and then transfer funds to vendorsContacted 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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