This role ensures the effective management of financial planning, budgeting, accounting, procurement, and contract administration. Additionally, the Finance & HR Manager leads the HR function by managing talent acquisition, employee development, payroll, and overall human resources strategy. The manager plays a crucial role in aligning financial strategies and human capital with the company’s long-term objectives, ensuring operational efficiency and financial sustainability.
Key Responsibilities:
1. Financial Management and Reporting:
Budgeting and Financial Planning:
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Lead the company’s budgeting and financial planning processes, ensuring alignment with company goals and long-term sustainability.
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Develop financial forecasts, cash flow projections, and budget variance analysis to guide decision-making.
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Collaborate with department heads to ensure all financial plans align with operational and strategic objectives.
Financial Reporting:
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Oversee the preparation of accurate and timely financial reports, including profit and loss statements, balance sheets, cash flow statements, and financial forecasts.
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Ensure compliance with local and international accounting standards and regulatory requirements.
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Provide regular financial performance updates to the Deputy General Manager and CEO.
Cost Control and Optimization:
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Implement robust cost control measures across the company to optimize spending and improve profitability.
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Identify areas of cost inefficiency and recommend corrective actions to enhance financial performance.
2. Accounting and Treasury:
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Accounting Operations:
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Oversee the Accounting & Finance Lead to ensure the accurate and timely recording of all financial transactions, including accounts payable, accounts receivable, and general ledger entries.
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Ensure that all financial records are maintained in compliance with company policies and regulatory standards.
Treasury Management:
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Manage the company’s liquidity by monitoring cash flow, optimizing working capital, and managing relationships with financial institutions.
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Ensure sufficient cash reserves for operational needs and investment opportunities.
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Audit and Compliance:
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Coordinate internal and external audits to ensure the accuracy and integrity of financial statements.
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Implement and maintain strong internal controls to safeguard company assets and prevent fraud or financial mismanagement.
3. Human Resources Strategy and Operations:
HR Policy Development and Compliance:
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Develop, implement, and update comprehensive HR policies and procedures in line with labor laws and industry best practices.
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Ensure compliance with all legal requirements related to employment, including health and safety, labor laws, and employee welfare regulations.
Talent Acquisition and Management:
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Oversee the HR & Administration Lead in developing and managing recruitment strategies to attract top talent.
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Ensure an efficient and fair hiring process, including job postings, screening, interviewing, and onboarding.
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Collaborate with department heads to identify staffing needs and ensure that the right talent is recruited and retained.
Performance Management:
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Develop and implement performance management systems, including employee evaluations, feedback mechanisms, and performance improvement plans.
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Ensure that employees receive regular feedback and that career development opportunities are aligned with company objectives.
4. Employee Development and Compensation:
Training and Development:
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Collaborate with department heads and the HR team to design and implement training programs that promote employee development and address skills gaps.
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Ensure that employees are equipped with the knowledge and skills required to perform their roles effectively.
Compensation and Benefits:
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Oversee payroll processing to ensure employees are paid accurately and on time.
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Manage the company’s compensation and benefits programs, ensuring they are competitive within the industry.
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Develop and implement employee welfare programs that foster engagement and retention.
5. Procurement and Contract Administration:
Procurement Strategy:
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Oversee the Procurement & Contracts Lead to ensure that procurement activities align with project and company needs.
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Develop and implement procurement policies that ensure the acquisition of high-quality goods and services at competitive prices.
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Supplier and Contract Management:
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Manage relationships with suppliers and subcontractors, ensuring that contracts are negotiated to the company’s advantage.
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Oversee the administration of contracts, including the management of change orders, claims, and disputes.
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Ensure that project procurement activities comply with contractual obligations and regulatory requirements.
6. Leadership and Team Management:
Team Leadership:
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Lead and mentor the Finance & HR team, including the Accounting & Finance Lead, HR & Administration Lead, and Procurement & Contracts Lead.
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Foster a culture of collaboration, accountability, and continuous improvement within the department.
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Conduct regular team meetings to review performance, address challenges, and ensure alignment with the company’s strategic goals.
Performance Management:
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Establish and monitor key performance indicators (KPIs) for the Finance & HR department to ensure operational efficiency and effectiveness.
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Implement performance management systems to track the progress of departmental goals and provide feedback and coaching to team members.
7. Risk Management and Compliance:
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Risk Identification and Mitigation:
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Identify financial, legal, and operational risks related to finance, HR, and procurement, and develop mitigation strategies.
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Ensure that the company’s financial resources and human capital are managed in a way that minimizes exposure to risk.
Regulatory Compliance:
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Ensure that all financial and HR activities comply with applicable laws, regulations, and industry standards.
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Collaborate with legal counsel to manage labor relations, contract disputes, and other compliance-related matters.
8. Reporting and Documentation:
Financial Reporting:
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Prepare and present weekly, monthly, and annual financial reports to the Deputy General Manager and CEO.
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Ensure that financial data is accurate, transparent, and available for decision-making.
HR Reporting:
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Generate regular reports on key HR metrics such as employee turnover, recruitment, performance evaluations, and training outcomes.
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Provide insights into workforce trends and recommend strategies to improve employee engagement and productivity.
Procurement Reporting:
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Ensure timely reporting on procurement activities, including supplier performance, contract status, and cost savings.
Education:
Bachelor’s degree in Finance, Accounting, Human Resources, Business Administration, or related field.
MBA, CPA, CMA, or equivalent professional certification is preferred.
Experience:
10+ years of experience in finance, accounting, or HR management, preferably within the civil engineering, construction, or oil & gas sectors.
Proven track record of managing financial operations, budgeting, and procurement processes.
Experience in HR strategy, talent management, and employee relations.
Experience with contract administration and supplier negotiations.