VP - Finance

Vice President - Finance is responsible for leading MAF Retail\u2019s finance function and setting strategic directions and annual objectives. The role holder is also responsible for overseeing the development of the annual business plan and leading the function\u2019s strategy to achieve business objectives. Participate in setting and reviewing MAF Retail\u2019s strategy in collaboration with the MAF Retail\u2019s management, in addition to strategic objective, business plans and budgets needed to achieve.Assess the finance function\u2019s capabilities in terms of resources including: technology, processes, and people, thus ensuring the availability of the required resources needed to realize MAF Retail\u2019s strategies.Lead the financial planning and budgeting across the company, in order to set financial plans and budgets that are in-line with MAF Retail\u2019s strategic objectives and action plans.Collaborate with department\u2019s heads on setting their annual objectives, business plans and budgets through cascading down from the department\u2019s objectives, business plan, and budget.Review and discuss departments\u2019 budgets with the heads of departments in order to reach a mutually agreed upon budget that balances between department\u2019s needs, actions plans and MAF Retail\u2019s financial position.Review and approve consolidated and individual entities\u2019 financial statements (monthly, quarterly, yearly), consisting of but not limited to, Income statements, balance sheet statements, cash flow statements and change in owners\u2019 equity statement.Ensure that all financial accounting and reporting in the company are as per the International Accounting and Financial Reporting Standards (IFRS).Provide inputs while developing MAF Retail\u2019s corporate policies and relevant procedures, and monitor the implementation.

Not explicitly delineated as a separate section in the posting.

Participate in setting and reviewing MAF Retail’s strategy in collaboration with management, in addition to strategic objective, business plans and budgets needed to achieve. Assess the finance function’s capabilities in terms of resources including technology, processes, and people. Lead the financial planning and budgeting across the company. Collaborate with department heads on setting their annual objectives, business plans and budgets. Review and discuss departments’ budgets to reach a mutually agreed budget. Review and approve consolidated and individual entities’ financial statements (monthly, quarterly, yearly). Ensure financial accounting and reporting complies with IFRS. Provide inputs while developing corporate policies and monitor implementation.