Review and lead the preparation of all month-end, quarter-end and year-end financial documents and closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation.
Implement and oversee the school’s financial and accounting systems, processes, tools and internal control systems.
Handle audit process and proper filing of VAT returns.
Develop tools and systems to provide critical financial and operational information to the CEO/Board which can easily provide actionable recommendations.
Regularly analyze the performance against both the annual budget and company’s long-term strategy for growth.
Drive the company’s financial planning, by preparing reliable current and forecasting reports (Monthly profit and loss forecast vs. budget).
Perform risk management by analyzing the organization’s liabilities and investments and serve as final point of escalation for accounts receivable/accounts payable issues.
Ensure legal and regulatory compliance regarding all financial functions.
Prepare ad hoc analysis needed for the CEO and Board.
Streamline operations across all departments while expanding on products sets and offerings to customers as the business expands across the MENA Region.
Understand FinTech ecosystem with a foremost grasp of operations, technology and commercials relevant to point of sale hardware and software technology.
Experience with running operations with an overview to delivering, executing and post-delivery – supporting clients.
Coordinate and work closely with the project’s teams, software teams and hardware teams.
Manage day to day activities to verify that the service providers are in compliance with the regulatory requirements.
Assess remedial actions as per the established procedures to ensure that it’s effective in preventing reoccurrences.
Ensure that the requirements for the authorized staff to maintain their authorization validity are met all the time.
Ensure that all documents are maintained and retrievable in according with the established procedures.
Utilize process knowledge to identify opportunities for improvement in existing operations.
Ensure that the established independent audit scheme is executed in timely manner in monitoring compliance of service providers with regulatory requirements.
Ensure that regulations, procedures updates are communicated to all stakeholders formally and in a timely manner, and ensure acknowledgments.
Participate in investigation incidents, accidents in conjunction with the appropriate authorities and monitor implementation of any required corrective action(s).
Comply with the company and other authorities’ health, safety, and security regulations.
Organize, plan, direct and manage the operations to the highest possible standards.
Ensure the housekeeping, maintenance and gardening are fully functional at all the time.
Actively involved in all areas of up keeping the facilities as well coordinating with the general manager on matters of purchasing, receiving, storing and controlling inventories.
Assist with budgeting and ensure costs remain within the guidelines.
Coordinate the food and beverage with the catering manager.
Ensure the communication system is in place and liaise with the relevant authorities to upgrade and in line with the technical developments.
Maintain a digital inventory of gift items such as chinaware, silverware, glassware and bath and bedroom linen.
Establish and monitor storeroom inventory controls and inspect the audio-video visuals and ensure they are in working condition.
Conduct weekly operational meetings with employees and report to the general manager for any operational matters.
Inspect the kitchen, employee quarters and cafeterias on a regular basis and prepare a health and sanitation checklist as per the HACCP standards.
Ensure all luxury products and fine arts are well-maintained.
Prepare job description and conduct performance evaluations for employees
Handle grievances and take disciplinary actions if needed, etc.
Manage the process to ensure that strong financial and managerial controls are implemented within the company to reduce costs, minimize and/or reduce exposure to risk, protect the company’s assets and improve productivity.
Lead the development of the company’s primary business strategy and articulating its periodic business plan in the area of investment management with the key objective of producing appropriate rates of return, whilst minimising financial risks.
Lead the process of asset allocation, management of resources and liquidity control to achieve the company’s objectives.
Generate investment strategies and ideas as well as sourcing investment transactions on a local, regional and international basis.
Oversee the production of monthly reports as well as financial statements and cash flow projections for use by Audit/Finance Committee and presentation of results by CEO to the Board of Directors.
Oversee the CFO to ensure seamless generation of financial invoices, money handling procedures, accounting and bank processes of monthly invoices.
Compile budgets and deploy strategies to safeguard assets – Controlling costs and introducing tactical initiatives to address any losses.
Identify risks and issues on various transactions to safeguard the company’s financial assets.
Create an organisation wide business continuity plan.
Perform such other tasks as assigned from time to time
Guide and advise underwriters and bind the company on capacity within authorized levels.
Control and monitor underwriting function through effective selection, development, and underwriters’ engagement.
Drive the development of a challenging business plan reflective of the competitive market environment.
Monitor results, adjust strategies and tactics to maximize profit while maintaining healthy growth levels.
Ensure the company develops and maintains successful relationships with clients and brokers.
Evaluate underwriting performance based on financial analysis. Includes rate, reserve adequacy, operational, planning and product reviews.
Provide overall direction for underwriting authority delegation, audit/compliance/regulatory criteria and catastrophe/accumulation management for the general insurance portfolio.
Contribute in the development of strategic marketing initiatives.
Enhance and improve underwriting, claims and reinsurance manuals.
Monitor premium allocations ensuring that they are in line with the company’s strategy & treaty arrangements.
Explore regional and product expansion.
Ensure the achievement of continued profitability, growth and/or operational efficiencies for company’s general division through assessment of risk tolerance, market appetite and emerging risk issues.
Provide necessary statistics for monthly closings of the department and other requirements such as premium statements, MIS and other statistical reports.
Assist the CEO in setting financial plans and monitoring performance as per (IFRS).
Work with the executive team to develop financial plans, budgets and forecasts for the organization.
Oversee the investment side of the business.
Manage cash flows of the entire business.
Generate income and manage all financial operations and resources.
Maintain the business’ books of account, and ensure that it complies with relevant statutory and regulatory requirements.
Develop financial policies for accounting practices, taxation and auditing.
Develop accounting procedures and processes, to ensure statutory, regulatory and management reporting requirements are met in a timely and efficient manner.
Oversee the development of consistent financial systems, processes, operations, fund accounting, budgeting, and reporting within the group.
Ensure all reporting requirements and closure of financials are as per relevant accounting standards and banking regulations.
Prepare the financial reporting for senior management and Board of Directors when required.
Report and assist the CEO and the other members of the senior team in setting financial plans and monitoring performance against plan and financial reporting at the central and school level.
Develop financial policies for accounting practices, taxation and auditing.
Provide due diligence support on acquisitions of schools.
Work with the executive team to develop financial plans, budgets and forecasts for the organization.
Develop accounting procedures and processes, to ensure statutory, regulatory and management reporting requirements are met in a timely and efficient manner.
Oversee the development of consistent financial systems, processes, operations, fund accounting, budgeting, and reporting within the schools.
Assist with the evaluation and execution of school acquisitions.
Ensure all reporting requirements and closure of financials are as per relevant accounting standards and banking regulations.
Liaise with auditors including statutory, internal auditors, tax authorities, statutory bodies and bankers to ensure the organization is compliant and is an exemplar of best practice.
Develop and document process flowcharts, control matrices and narratives to support new or modified processes and controls related to financial and compliance MIS and reporting.
Prepare the financial reporting for senior management and Board of Directors when required.
