Finance Director

Full Time
Posted:
Closes: April 25, 2024
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Company Name
Meeting Point International Ltd
Industry
Other
Company Overview
Part of FTI Group, Meeting Point International is a globally positioned, destination management company headquartered in the Bavarian capital Munich, Germany. After the opening of the first office in Dubai in 2009 other destinations followed within a short period of time. Today Meeting Point International is among the leading Destination Management Companies in over 40 destinations in 17 countries and supplies to more than 450 partners.

To apply for this job please visit www.linkedin.com.

Job Description & Responsibilities

This position is responsible for making sure that the finances of the Business Unit Destination Management Companies (DMC) are accurate and in line with company goals, policies, expectations, etc. This may include monitoring expenditures and budgets and determining the financial needs of the Business Unit.

Responsibilities include:
• Structure, implement, and analyse all the annual budgeting processes, ensuring alignment with strategic objectives and financial targets
• Lead the forecasting and long-range planning efforts, incorporating market trends, business insights, and risk assessments
• Ensure timeliness, accuracy, and usefulness of financial and management reporting
• Be accountable for the working capital mainly focusing on monitoring and acting on receivables
• Provide regular variance analysis and performance reporting to evaluate financial performance against budget and forecast to Business Unit Management
• Analyse key performance indicators (KPIs) and dashboards to monitor business performance, track progress towards financial goals, and report to Business Unit Senior Management
• Partner with the Business Unit Senior Management to evaluate strategic initiatives, investment opportunities, and business decisions through financial modelling and scenario analysis
• Identify areas of improvement and operational efficiencies through data-driven analysis and bench-marking
• Ensure that the month-end closing process for all the DMCs is done, in time, and in line with the group’s guidelines
• Provide mentorship, guidance, and development opportunities to the Business Unit central Financial Planning and Analysis team, fostering a culture of accountability, collaboration, and continuous learning
• Partner with Destination Management Companies CFOs and other Finance colleagues, management teams, other Business Units, and central finance functions at Head Office, in day-to-day accounting matters
• Act as a business partner to Business Unit CEO and CFO in recommending and evaluating the financial costs and impacts of potential strategies and enhancements
• Monitor and ensure full compliance to all Business Unit related policies

Qualifications required

Applicants must be in possession of an Accountancy Qualification (ACCA / ACA / CIMA).

Experience required

Applicants must have 8-10 years of experience, ideally in a relevant industry, including at least 2 years in positions of progressively increasing managerial responsibilities. A minimum 4 years’ experience in a Big 4 (audit firms) would be considered as an asset.

In addition, the ideal candidate must:
• Have proven leadership experience, with a track record of building and developing high-performing teams
• Have strong proficiency in financial modelling, forecasting techniques, and variance analysis
• Have a demonstrated ability to translate complex financial concepts into clear and actionable insights for non-financial stakeholders
• Have excellent communication and interpersonal skills, with the ability to influence and collaborate effectively across all levels of the organisation
• Have advanced proficiency in Microsoft Excel, financial planning software, and ERP systems
• Be able to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively
• Be a role model in driving the Company’s mission and values, obtaining a holistic understanding of the business, being connected to the current company goals, and acting as part of the group
• Foster a mindset around the Company’s Mission, championing continuous improvement, and being a visible and approachable leader
• Drive a culture of ownership and accountability in the context of the best interests of both the people and Company performance
• Make unbiased and transparent decisions based on facts, ethical principles, Company values, and Code of Conduct. Take appropriate measures to eliminate violations of our Code of Conduct, empowering others, and expecting the same high standards of them
• Be available to travel up to 10% of the time

Work Place

Hybrid

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