Job Role:
· Lead the annual operation and budgeting exercise needed to achieve MP's strategic/operational goals, based on discussions with the respective Chiefs/Department Heads.
· Provide strategic financial input to leadership by connecting the organization's long-term strategy to operational plans.
· Develop financial models for continuously improving budgeting, financial projections, operating forecasts, monitoring, and analysis mechanisms for ensuring comprehensive support to strategic initiatives.
· Review the financial strategy for the entire group (including JV and hotels).
· Communicate financial insights and key performance metrics to assist in decision-making.
· Identify opportunities for cost optimization and efficiency improvements.
· Develop and maintain accounting policies and procedures to mitigate financial risks.
· Implement cost control measures and ensure adherence to budgets.
· Provide monthly/periodic reports to the CFO which include analysis of historical financials and explanations of how to improve performance, minimize risk, and seize new opportunities from both the internal and external environments.
· Analyze the trends of Key Performance Indicators (KPIs), focusing on financial metrics like sales, expenses, and profit margin.
· Conduct variance analysis to demonstrate how the budget and/or rolling forecast compares against actual performance.
· Supervise an effective system of policies and processes that impose a sufficient level of control over treasury activities and facilitate regulatory reporting.
· Manage reporting and modeling capabilities to support short- and long-term liquidity forecasting needs through indirect modeling in collaboration with the Financial Planning and Monitoring department.
· Manage and oversee strategic finance initiatives in collaboration with key stakeholders and maintain effective working relationships with banks and other financial service providers.
· Analyze the risks associated with financial decisions on a regular basis and recommend risk mitigation strategies to the respective stakeholders.
· Determine key takeaways and recommendations for senior management by analyzing financial results.
· Support the business team and division heads by implementing business intelligence tools, dashboard reports, and data-driven analysis.
· Review and adhere to all SLAs, policies and procedures for the Finance team.
· Comply with MP's policies and procedures and be open to performing other finance related duties as assigned by the Line Manager to meet business needs.
Key Requirements:
· Arabic language proficiency (spoken and written) is highly preferred.
· Proven leadership experience in finance at a senior level.
· Ability to start immediately or on short notice
Salam Technology is a leading digital infrastructure systems integrator and IT solutions provider in Qatar, owned and managed by Salam International Investment Limited, a conglomerate operating within diverse business sectors. With over 30 years of cumulative experience, Salam Technology specializes in IT, audiovisual, security, office automation and telecommunications. It’s well-positioned to provide cutting-edge technology solutions to help clients maintain their competitive edge and be more innovative. Through its four divisions: ICT, Digital Infrastructure, Managed Services and Resources, and Office Automation, Salam Technology designs, supplies, tests commissions, supports and maintains integrated solutions to clients in different business sectors: Government, Telco and Utility, Banking and Finance, Industry and Petrochemicals, and to a multitude of commercial, private and public businesses. Driven by its corporate vision and values, Salam Technology has a multi-national, highly-trained team of 150 professionals with technology expertise, unique perspectives and diverse backgrounds in management, engineering, design and sales. They execute and deliver complex projects on-time and on-budget and provide a quality after-sales support service to companies of all sizes.