Financial Analyst , United Arab Emirates

FINANCIAL ANALYST

Background on CTG Global CTG Global is a Human Resources & Operational Support Service Company specialising in supporting the United Nations, Governments (Federal US, UK and local), INGOs and a plethora of corporate organisations in the Energy, Mining, Infrastructure and ICT sectors in countries experiencing or emerging from armed conflict, natural disasters, or acute social and economic crisis worldwide. CTG provides tailored support enabling a growing number of public and private sector agencies, Governments and individuals to achieve their objectives in complex and challenging environments. CTG’s has substantial operations across Afghanistan, Iraq, Pakistan, Palestine, Somalia, South Sudan, Sudan, Libya, Congo, Liberia, Benin, Ethiopia, Burundi; with offices also in Nairobi (Kenya), Dubai, Kabul (Afghanistan) and Nepal and operations expanding not only across Africa and the Middle East but also into Latin/Central America in 2013. CTG is a young expanding company with opportunities and current global agreements covering 60 countries.

This newly designed position is expected to further develop established finances and strategy and best accounting practices to ensure exemplary provision of our services.

Rationale & Integrity CTG has an immediate requirement for a dynamic self-starter to support our global group accounting who can work with the company’s executive management to achieve our vision and objectives in managing our HR and Operational support services we provide to our clients on a global basis. The Financial Analyst shall be solely responsibility to ensure the groups timely and effective financial reporting, policy, budgeting and strategic planning, overseeing the company’s treasury, sourcing and management of financing and funding arrangements where required to support CTG Global's operations, growth and development.

The Financial Analyst shall be expected to provide remote guidance and direction to our HQ and field accounting teams ensuring the company’s good financial standing and prospects; and shall be expected to contribute to the development of the Company’s strategic goals though holding overall responsibility for all the day-to-day financial and accounting affairs of CTG Globally.

Appointment The Financial Analyst for CTG Global (“CTG”), shall be based in CTG’s Head Office in Dubai, however there will be a requirement for travel from time to time to other of the Company’s offices and its countries of operation including but not limited to its Regional HQ in Nairobi (Kenya), its Support Offices in Afghanistan (etc), as well as other possible locations as new CTG field offices open. The Financial Analyst shall report to the CEO (and or to the Commercial Director in the CEO’s absence).

Job Description

1. Responsibilities The list of responsibilities herein are not expansive but touch on some of the important immediate requirements that the Financial Analyst shall engage him/herself in however the appointed person must understand that it is very hard to be specific about terms of reference due to the position coming with growth expectations, and therefore high performance and initiative shall be expected at all times from this fundamental role and many jobs, tasks and responsibilities shall be outside of this initial scope of work.

I. Financial Analysis, Planning & Strategy II. Budget Preparation & Management III. Treasury IV. Global Taxation Requirements & Management V. Oversight of Management Accounts VI. Client Contract Analyses/Ad Hoc Projects 2. Scope of Work

I. Financial Analysis, Planning & Strategy

• Pricing – Analyse the company’s current client price proposals, current/future business opportunities and contracts, advise the Executive Management and implement a workable and user friendly pricing strategy for the company globally.

• General Analysis – Continually throughout the course of your employment it shall be your sole responsibility to analyse the company’s accounts providing the Executive Management with comprehensive financial information to be able to make strategic business decisions about the direction and management of the company. These analyses’ should include but definitely not be limited to:

o Debtors analysis o Client analysis o Marketing/Business Development spend vs. contract award o Operational overhead vs. client business o Overhead expense analysis for saving options o Budget vs. Actual o Trend results o Analyses by country office o Analyses by regional office o Analysis of contract values versus successes/extensions o Best producing clients versus work load o Staff productivity analysis o etc.

• Conduct an urgent assessment of CTG’s current expenditure and contracts, establish if and where savings can be made across the business from cost of sales to overhead expenses and provide procedures, strategy and budgetary control whereby more efficient management of funds and savings can be identified in the future.

• Assess the organisational performance against both the annual budget and strategic direction. Develop tools and systems to provide critical financial and operational information to the CEO through formats culminating in actionable recommendations on both strategy and operations.

• Business Planning – Work with the CEO and CD to develop the companies documented long term strategy. Current business plan has been developed to the end of 2014 and there is a desire to expand this to long term 5-10 year plan:

o Provide strategic recommendations to the CEO and CD based on financial analysis and projection; o Revenue vs. expense analysis; o Evaluate the financial vs. realistic ability to secure public/private sector BD plans and concepts; o Assess the issues, trends and changes in CTG’s operating model and operational delivery; o Assist the company to develop its best direction and financial investment in such BD plans; o Provide full long-term budgetary planning and costs management in line with the developing strategic plan, especially as the organisation considers potential acquisitions and collaborations/JV’s with external organisations o Analysis of risks associated with the business model, including exponential growth, legal (particularly those associated with working with the UN), tax, liquidity, client dependency, political, reputational and compliance. o Analysis of our Market & the Competition, and the financial/successful performance of comparable companies in the HR/programme/operational support “services” sector. Evaluate the market share and internal strategy to achieve the objectives.

• Work with the CEO in respect to JV and/or acquisition opportunities and investment activities, supporting with financial and business analyses of such as they arise.

II. Budget Preparation and Management (including forecasts)

• Responsible for the production of the company’s annual budget and the successful implementation of budgets, including: o long term budgets, o annual budgets, o country specific budgets, o and departmental budgets.

• Review the current Budget template and offer immediate remedial changes to ensure a more efficient and accurate 2013 budget and figures for all senior management, operations and field management to work from. Ensuring calculations are not based on assumptions but on core facts and figures. [This shall depend on employment start date.]

• Production of timely, accurate 2014 (and future) budget preparation in liaison with business unit management. It is the CEO’s intention for each Business Unit to produce its own Budget however direction and template guidance must be given by the Financial Analyst. Helping ensure management ‘buy-in’ to the budget process, thereby producing a well planned, co-ordinated and accurate, meaningful budget/forecast. Production of individual business sectors overhead budgets e.g. recruitment, business development, etc. Consolidation of the final global budget shall be managed by the Financial Analyst which should include comprehensive notes, including any assumptions which may remain, for quarterly Board presentation.

• Responsible for production of quarterly updated forecasts for review and inclusion in the computerised accounts for variance reporting, etc. Comparing actual results with budget and researching ‘material’ or exceptional variances which have arisen.

VII. Treasury

• Review the current cash flow and forecasting formats, working with the CEO and field finance and operations staff to adapt such into a more reliable and efficient cash flow projection process and reporting mechanism (where possible) that includes minimum cash threshold to meet operational needs.

• Optimise the handling of banking relationships and initiate appropriate strategies to enhance cash positions to support the projected development of the company.

• Enable bank financing and lines of credit to support the development of the business.

VIII. Global Taxation Requirements & Management

Whilst the majority of CTG’s business is conducted out of the UAE and is therefore tax exempt. A number of the countries within which CTG operates have strict or applicable governmental taxation compliance requirements; these such mentioned countries currently includes Kenya, Afghanistan, South Sudan and Somalia. In some of these countries the law is difficult to ascertain, follow or processes are not ‘officially’ in place so continual oversight of governmental legislation need to be maintained.

• Responsible for implementing such procedures and controls, thereby ensuring compliance with local taxation legislation in an efficient and effective manner (where applicable) for all countries CTG has operations which are affected by such.

• Responsible for assessing the local laws, engaging local advisors and providing the Executive Management with recommendations for best tax planning in all countries.

• Produce rules and regulations for all tax applicable countries for field staff to follow and adhere to.

• For those countries where tax is payable ensure that CTG field finance team produce the following:

a. Ensure all tax returns are accurately completed and filed by the due date. b. Keep abreast of tax legislation and ensure any changes/revisions and/or new taxes introduced are properly dealt with within the financial statements. c. Liaise with local tax specialists (auditors) and CEO with respect to tax planning and implementing such arrangements (contracts) to minimise taxation in a legitimate, effective manner.

IX. Oversight of Management Accounts

• As the most senior financial manager (outside of the Executive Management) the Financial Analyst shall be expected to not only work closely with the CEO, the CD and other senior managers to ensure a total financial support service is provided but shall also enable the resources, training, direction and timelines for the financial department to perform efficiently and help optimise profitability keeping a close eye on the following core accounting and financial responsibilities [NB. The Chief Accountant is responsible for producing/ensure the accounts team produce the below actual results]:

a. Payroll (timely and accurate) b. Invoicing (again timely and accurate) c. Be conversant with all of the computerised (and non-computerised) systems that are used in the recording, management and control of such information sources and have an ‘interface’ with accounting transactions. d. P&L accuracy e. Oversight of the Balance Sheet f. Debtors ledger/credit control and debt management system g. Fixed assets & stock control systems h. Suppliers contracts, both financial and legal i. Oversee the Group Annual Audit requirements (both Local and Global) – Head Accountant is responsible of procuring Auditing firms, and seeing through the auditors specific requirements

• Mentor and direct the Finance team to produce accurate and timely documentations of all the above accounting requirements – providing an initial review on current systems upon appointment and implementing new tools (spreadsheets) to organise such. The ultimate objective shall be for the company to purchase a more enhanced accounts software than the current software; though effective and efficient use of the current software must be established as well as working manual systems supporting the inadequacies of such software prior to developing and purchasing a new accounting software system.

• Advise the company on ‘clever’ financial reporting, including what is detailed in the P&L and Balance Sheet. Basic accounting sometimes sees too much being detailed in the P&L which are better detailed in the Balance Sheet – thereby representing to the Board a more accurate reflection of the business value and sustainability.

• Ensure that GAAP principles have been applied with the Company’s accounting mechanism, and IFRS standards are complied with.

• Produce a “Monthly Financial Reporting File” for Executive sign off prior to Board submission including all fundamental Management Accounts, P&L, balance sheet, cash flow and other financial analyses and reports – with concise narrative to accompany such.

X. Client Contract Analyses/Ad Hoc Projects

• Production of timely, accurate contract analyses/ad hoc projects, including but not limited to:

o assisting management in the computation and completion of tenders/bids/proposals and the follow-up and review of actual projects/contracts, comparing with budget (tender) and liaising with management re such variances – implementation of a suitable pricing strategy with the company shall provide senior managers and the field staff to price contracts without continual HQ finance support; o maintaining accurate GP analyses on all ‘large’ contracts and ‘one off’ projects, through applicable accounting controls; o ensuring all financial data needed for statutory and governmental returns is available in a structured manner, facilitating the correct recording and completion of such statistics and returns.

• Management and production of all financial and accounting SOPs, working with group offices and the Chief Accountant to produce such where necessary.

• Direct the duties of the finance and accounting staff, liaising with the field accounting personnel and ensuring directives are carried out as required.

• Regular meetings (face-to-face and via video conference) with accounting personnel (if/when practically possible) to identify short and medium term objectives – individual tasks identified and reviewed at succeeding meeting.

• Formal performance evaluations to be carried out annually on all finance team personnel with the HR Officer. These should be complemented by regular (at least bi-annual) performance discussions, during which any problems or ‘inadequacies’ are highlighted along with corrective action needed. Findings and evaluation results are to be presented to and discussed with the Executive Management prior to any remedial/corrective action is taken or rewards being considered.

• Conduct and/or participate in weekly staff meetings and other meetings with management personnel as required.

Qualifications & Attributes The Financial Analyst shall be a seasoned and mature leader with at least 10 years of broad finance experience, with considerable experience gathering and evaluating financial information and making actionable recommendations to senior directors/leadership. S/he shall have considerable experience advising senior directors/business owners as to long terms strategic planning as well as overseeing finance teams.

The Financial Analyst is expected to have the following experience and attributes, shall be able to work results-driven and without direct supervision: • A minimum of an MBA specializing in Finance, or similar Financial based Masters degree or CMA. • Energetic, flexible, collaborative, and proactive; a team leader who can positively and productively impact both strategic and tactical finance and administrative initiatives. • An effective communicator at all levels (from the most junior admin staff to the senior directors/board) with strong oral and written skills and a willingness to share information. • Ability to operate as an effective tactical as well as strategic thinker. • Entrepreneurial team player who can multitask. • Strong analytical skills and experience interpreting a strategic vision into an operational model. • Self reliant, good problem solver, results orientated. • Expert word processing and IT skills, including comprehensive capabilities in Microsoft Office (essential to be advanced in using Excel) and accountancy and other business software systems. • Exceptional written and oral communication skills in English. • The ability to work efficiently under stressful conditions with multiple and extremely tight deadlines and changing priorities to produce a high volume of high-quality material with meticulous attention to detail. • Flexibility and adaptability to work overtime, often with short notice, to meet deadlines – overtime is likely to include late nights, early mornings, weekends and holidays. • Honesty and reliability. • An understanding of confidentiality issues and the use of discretion. • Ability to work well in a fast paced environment, an effective planner with proven time management skills is necessary; attention to detail, personal commitment, efficiency, flexibility with great team liaison skills. • Ambitious and enthusiastic about joining a rapidly growing business and our energetic senior management team. • Preferably already based/experienced working in Dubai.

Appointment CTG will issue an unlimited duration contract (reviewed annually) with a 3 month probation period.

Remuneration (inclusive of basic salary, housing and transportation allowances)

Benefits include: 22 working days annual leave plus national holidays, Christmas and Easter; UAE Visa (for employee and family); Travel and BUPA International Healthcare Insurance policies in place for employee and dependents.

Working hours: Sunday – Thursday; 9am – 6pm however this designation shall be expected to devote weekends and evenings to the company for business reasons/business travel for no additional remuneration. The level of work and overtime has been considered in determining the company’s offered remuneration package.

Applications Applications including CV & cover letter and references in English should be emailed to:careers@ctgglobal.com. Please mark Financial Analyst Application, BHJOB2678_ 241 in the subject line.

Telephone enquiries may also be made to the CEO directly on +971 (0)50 226 3069 or to the Recruitment Associate, Grace Macatlang (for more general questions) on +971 (0)50 455 8979.

URGENT APPOINTMENT therefore deadline for applications is 2300 (Dubai time) on Saturday 5th January 20132.

Acronyms

BD – Business Development CD – Commercial Director CEO – Chief Executive Officer CMA – Certified Management Accountant CPA – Certified Public Accountant CTG – CTG Global GAAP – Generally Accepted Accounting Principles GP – Gross Profit HQ – Head Quarters HR – Human Resources ICT – Information and Communication Technology IFRS – International Financial Reporting Standards INGO – International Non-Governmental Organisation JV – Joint Venture IT – Information Technology MBA – Masters in Business Administration P&L – Profit & Loss SOP – Standard Operating Procedures UAE – United Arab Emirates UN – United Nations US – United States UK – United Kingdom vs. – Versus

These Terms of Reference have been designed as a guide to the position and are not likely to be the definitive responsibilities and are not designed to restricted ability to improve in any area identified has a requirement for attention. CTG as a small and growing company relies on its staff keeping an open mind, a flexible approach to work and a dedication and loyalty to its business development.

How to apply:

Applications including CV & cover letter and references in English should be emailed to: careers@ctgglobal.com. Please mark Financial Analyst Application, BHJOB2678_ 241 in the subject line