Zain Recruits Finance Directors

Zain is one of the leading telecommunications giants in world with strong presence in Africa and Asia. Zain is looking to recruit Finance Directors with minimum of 7 years of industry track record mostly gained in international, blue chip environments.

Job Location
Various cities across Zain

Basic Purpose
Establish and maintain effective financial and accounting recording, reporting and control mechanisms to ensure the operating company meets all Zain requirements and legal requirements in order to assist the Managing Director and other colleagues in developing and meeting operating company�s objectives, plans, budgets and forcecasts.Manages the OPCO financial, purchasing and (sometimes) legal functions.

Main Duties and Responsibilities:
Ensure accurate and timely reporting for management and statutory purposes. Defines necessary controls to ensure the delivery of the budgets and business plans.

Contribute to the formulation of the OPCO strategy and ensure proper budget formulation:

* Ensure that all investments and pricing changes are financially sound and drives the performance of the OPCO. Pro-actively seeks to optimize investment proposals
* Constructs financial planning andmulti-year modelling
* Prepares accurate quarterly forecasts and annual budgets

Manage governance in the OPCO by identifying risks, developing and implementing control procedures and enable employees to better understand governance:

* Coaches employees to better understand governance
* Identifies key risk areas and ensures strong internal controls
* Puts in place effective controls to address all risk areas
* Ensures full compliance to legal and group accounting regulations
* Ensures the completeness and correctness of all financial reporting

Provide pro-active leadership and advice to senior management on finance-related business-issues and analyze operating results versus approved plans and objectives:

* Ensures soundness of OPCO�s financial structure
* Actively identifies the key performance indicators which drive the business and ensures that the trends are understood and negative variances addressed
* Reports on P&L, balance sheet and cash flow (internally and externally)
* Provides accurate and timely information to management of OPCO and Zain on financial trends and results plus relevant KPI�s
* Pro-actively assists management when deciding on finance-related issues and seeks to optimize performance
* Exchanges best practices with other departments in the own OPCO and with other OPCO�s

Ensure the organization and execution of legal and fiscal activities, in compliance with Zain guidelines and local legislation, in order to and handle legal and fiscal affairs in the most effective way:

* Reviews legal documents
* Handles tax authorities
* Ensures tax planning and tax structure

Manage and ensure national purchases, as well as support in negotiating interconnect issues, in order to provide necessary material in the best price/quality balance within the OPCO:

* Agreeing price & terms targets
* Ensures Value for Money regarding costs and that organization is right-sized for level of business
* Ensures timely and efficient clearing of incoming goods
* Supports the Managing Director in negotiation of interconnect prove, protect, pay and ensures payment of interconnect issues

Manage lending positions and ensure future operational funding, as well as build relationships with funding institutions, listed companies, corporate customers and advisors:

* Identifies, plans and enlists future funding
* Ensures efficient working capital management
* Establishes good relations with business partners relevant for funding

Build relationships with governments, regulatory bodies and suppliers, to raise profile and influence decisions within external political/social environment.

Manage the Financial department:

* Manages personnel activities of staff
* Hiring and development of skilled staff
* Active involvement in people management
* Provides leadership

Competencies:

• Excellent interpersonal skills
  
• Sets high personal standards and is goal oriented
  
• Excellent communications skills, both orally and in writing
  
• Strong coaching skills

Qualifications:

• University degree (Finance, Economics or similar)
  
• Qualified accountant(ACCA or similar)
  
• Minimum of 7 years of industry track record mostly gained in international, blue chip environments
  
• 5 years PQE director level overseeing finance function at country or regional level
  
• Telecom experience is preferable
  
• Experience in emerging/ developing countries
  
• Able to operate in a performance driven organization
  
• Strong ethics, hands on approach, business accumen and honed communication skills
  
• Culturally aware and adept at working across multiple geographies
  
• Fluency in English and/or French

Application Closing Date:
8th February 2010

How To Apply
Follow the link below to apply online
Click here to apply online