Finance Director (UAE National)

The Finance Director (UAE National) at Keolis-MHI is responsible for providing strategic financial guidance to the company, while leading and managing the Finance, Audit and Cash and Procurementfunctions. The role reports directly to the Managing Director (MD) and is responsible for ensuring compliance with financial regulations and standards. The incumbent must understand the metro system and the Keolis-MHI policies in place. Such knowledge is expected to be partially self-acquired and based on training on metro operation, metro maintenance, fare system and marketing.

  KEY RESPONSIBILITIES

STRATEGIC

1. Drive the company's financial planning and performance.
2. Provide sound advice the Boards of Directors and the MD on strategy.

FINANCIAL

1. Direct and oversee the financial activities of the company.
2. Direct the preparation of financial reports and summaries and create forecasts.
3. Participate in the maximization efforts of retail activities and fare revenue.

Stakeholder / customer 

1. Provide the MD, Board of Directors, and executive team with financial reports and pro-active financial analysis, including forecasting, budgeting, financial modelling, and developing / enhancing KPIs and other associated analysis.
2. Act as business partner to the executive team. Collaborate with executives to define and evaluate outsourced activities.
3. Manage finance-related reporting and plans with the client (RTA) and communicate /respond to queries regarding finance reporting and KPIs, as per contractual requirements.

Operational

1. Lead, and continue to develop the Finance function, including financial control, accounting, fare revenue audit, cash management, and Procurement.
   1. Ensure effective contracts’ preparation and negotiations of service providers and subcontractors from a commercial perspective.
   2. Manage vendors’ relationships.
2. Manage accounting and financial analysis, ensuring daily operations meet the performance level required to support the contract agreement, and attesting to the accuracy of reports.
   1. Ensure cash flow is appropriate for the company’s operations
   2. Ensure the timely and accurate preparation of financial statements, including balance sheets, income statements, and cash flow statements.
   3. Approve finance plans and budgets at the company level, ensuring the elaboration of monthly budgets with internal departments.
   4. Monitor and analyse financial performance, identifying key trends and variances, and providing recommendations for improvement.
3. Mange and arrange required bank facilities.
4. Accountable for financial governance:
   1. Oversee the development and implementation of internal financial controls and procedures to ensure accurate reporting and compliance with company policies and procedures.
   2. Develop and maintain a robust financial forecasting process to support strategic decision making.
   3. Establish and manage a reliable cashflow projection process and reporting mechanism that includes a minimum cash threshold to meet operating needs.
   4. Oversee the company’s data protection process and ensure compliance.

5. Accountable for audit and compliance:
   1. Oversee the preparation of financial audits and the coordination of all external audit activities.
   2. Ensure the company is in compliance with tax laws and regulations.
   3. Ensure compliance with accounting and financial regulations and standards, including IFRS.
   4. Keep abreast of new accounting and financial regulations and technologies to ensure the company remains compliant and efficient.
6. Establish and oversee the company’s financial and accounting software.
7. Perform any additional duties as reasonably required by the line manager.

      3. DIMENSIONS

1. Monthly and annual Financial Statements (income statement, balance sheet, cash flow, and budgeting).
2. Financial ratios, such as: EBIT, Current Ratio, Operating Cash Flow, etc.
3. Office environment. Occasional travel may be required.

MINIMUM QUAIFICATIONS