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  • Job reference: RMS0172238

Corporate Strategic Planning & Business Finance Director

  • Sector: Engineering
  • Location: Saudi Arabia
  • Job type: Permanent
  • Date posted: 21/11/2016
  • Duration: permanent

The Company:
Our client is a Multinational Chemical company which will construct, own and operate a world-scale integrated chemicals complex in Saudi Arabia. Once completed, the complex will represent the largest petrochemical facility ever built in a single phase. Our client will establish a world-scale manufacturing footprint that delivers a full range of value-added, performance products destined for the emerging markets of Asia Pacific, the Middle East, Eastern Europe and Africa.

The Role:
Lead all the clients strategic financial planning, business analysis and project economic evaluation activities and provide strategic and economic counsel to Management Committee.
1. Lead the enterprise forecasting process and performance tracking and analysis; liaise with project controller and program project control office to develop the overall clients company expenses and capital database, tracking of spending profile, performance analysis against plan, quantitative and qualitative variances analysis.
2. Lead the annual profit and budgeting process and the rolling 5 year mid-range business planning process.
3. Provide business analysis and economic evaluation to 3rd party projects, value park projects, joint ventures, and supply chain projects; coordinate to obtain other finance functional supports as needed.
4. Develop models to forecast and reconcile pricing from the various agreements to track and forecast costs.
5. Collaborate with treasury in order to produce the clients cash flow estimate, currency mix, exposure to commodities.
6. Support CFO in preparing update, reports and presentation to the Management Committee and Board of Directors.
7. Develop the clients business value centers/performance centers management reporting system.
8. Develop people in the financial function with exemplary functional and leadership competencies for key Finance roles.
9. Act as SME regarding the clients economic model.
10. Liaise with sponsors' finance departments for the clients related financial data and analysis.
11. Lead Mergers & Acquisitions projects in the clients; market intelligence, deal scoping and shaping, due diligence, data room, valuation, target companies selection/screening & contacts, negotiation, transaction closing, post transaction implementation support.
12. Provide strategic and economic counsel support to the clients management committee in sound and objective decision making process.
13. Manage a team of professional staff of five (5) to seven (7) people at steady state. And interact with all members of the management committee and their department heads.
14. Support future business growth projects: economic evaluation, coordinate finance functional support.
15. Perform any job-related activities as requested by the immediate supervisor/manager.
16. Direct the development of the client's short-term and long-term strategic plans as well as the process of cascading the strategy to the various organizational levels, and direct the process of strategy communication across the organization.
17. Ensure consistency and proper execution of strategies, plans, goals and initiatives across the clients; report to the Board of Directors.
18. Maximize the business value of action plans, strategic changes, and implementation plans by monitoring execution closely and developing a consistent and accurate reporting process.
19. Review business needs on a periodic basis; and oversee effective day-to-day management and support of the clients reporting and planning calendar.
20. Oversee on-going process improvements and optimization initiatives to ensure a positive improvement trend.
21. Prepare and provide all necessary reports for the management committee and the clients board.
22. Set and monitor the budget; and communicated it to Corporate Management for further approval (in coordination with Finance).
23. Ensure that the performance of various assigned tasks, and the conduct of staff within the Department are in accordance with the Department policies and procedures.
24. Organize Management Committee (MC) meetings and guide the committee in identifying and tracking a corporate action register.
25. Keep abreast of business and economic environment and provide timely input to Corporate Management with regard to the business impact of external trends and change.
26. Align the future outlook and strategic direction of the clients within the Chemicals industry by keeping abreast of trends, market intelligence and external developments in the industry and re-evaluating existing strategies as needed.
27. Perform any job-related activities as requested by the immediate supervisor/manager.

Essential Skills / Qualifications:
* Bachelor Degree in finance, engineering, or business administration or any related field.
* CFA, CMA certificates are preferred but not a must.
* Finance related experiences such as controllers, treasury, business finance, and/or corporate planning.
*For hiring purpose, Staffing shall seek for the "Compensation Committee" approval for each candidate in terms of minimum professional experience required.
* Skilled in financial modeling, project management, and business valuation methodology.
* Prior management or chemical consulting experience with a leading firm preferred.
* Experience in the hydrocarbon processing industries.
*For hiring purpose, Staffing shall seek for the "Compensation Committee" approval for each candidate in terms of minimum professional experience required.
* Chemical experience with at least one major corporate


About Fircroft:
Fircroft has been placing people in specialist technical industries for approaching half a century, focusing on mid to senior level engineers for contract and permanent roles worldwide. By applying for this job you give consent for Fircroft to contact you, via email & telephone, to discuss your application along with future positions and Fircroft's services.

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