Job Opportunities in Saudi Arabia


September 18, 2024

Bupa Arabia

جدة


Finance Excellence

Job Description

Responsible for managing Finance Excellence objectives, consisting of but not limited to Policies formulation and updates, process formalization, Delegation of Authority implementation and revisions, Service Level Agreements for in-Finance interactions and company-wide cross-functional Finance interactions, and Finance internal audits and audit observations (internal & external). In addition, the role incumbent is responsible for the effective management and implementation of the necessary technology solutions to enable and support Finance digital excellence, while including measures to achieve Bupa Arabia’s localization and ESG goals in all deliverables.
1. Policies Validity:
  • Manage all Finance policies to be valid, updated, applicable and fit-for-purpose.
  • Continuous improvement of existing guidelines for Finance policies and checklists.
  • Ensure that Finance policies are coherent and consistent with the Finance cross-functional processes.
  • Ensure that Finance policies meet the necessary control requirements based on applicable regulatory mandates and Bupa Arabia’s internal governance frameworks.
2. Process Documents:
  • Document all Finance processes in a systematic and clear manner, through collaboration with all Finance teams.
  • Define the stakeholders in all Finance processes and develop a stakeholder management plan through service level agreements, joint procedures document and communication protocols.
3. Delegation of Authority Implementation & Revisions:
  • Manage the implementation of Finance Delegation of Authority (DOA) matrices in the respective processes and systems.
  • Manage the incorporation of current DOA approval authorities in the relevant policies and process documents.
  • Manage DOA revisions.
4. Internal Audits & Observations Management:
  • Manage the Finance annual internal audit plan received from the Internal Audit department and prepare the related stakeholders through pre-audit exercises and preparations.
  • Serve as the Finance point of contact for open audit observations (internal & external).
5. Digital Excellence:
  • Implement technology solutions to supplement Finance Excellence objectives.
  • Business Process Management through suitable software for processes clarity and integration with policies.
  • Document Management through suitable software for sound recordkeeping, revisions tracking and retrieval.
6. Local Content:
  • Manage Bupa Arabia’s Local Content mandates and lead the successful issuance of Bupa Arabia’s Local Content certificate on annual basis.
  • Satisfy clients requirements with respect to Local Content (certification, data submissions, and acknowledgments).
  • Serve as Bupa Arabia’s point of contact with the Local Content and Government Procurement Authority (LCGPA) for communication and submissions.
  • Lead the work on deliverables related to strategic partnerships and Local Content score improvements.
7. ESG Adherence:
  • Ensure that all Finance Excellence deliverables are formulated with consideration for Bupa Arabia’s ESG requirements and mandates.
  • Ensure that all Finance policies incorporate the necessary mandates for environmental consciousness, social considerations and the necessary level of governance.
8. Process Stakeholders Satisfaction:
  • Operate with a keen orientation towards the satisfaction of Finance Excellence internal customers and process stakeholders.
  • Develop and implement stakeholders satisfaction surveys to enable continuous improvement efforts.

Skills

  • Bachelor’s degree in Finance, Business Administration or any relevant field.
  • Experience in Finance.
  • Audit and governance experience is a plus.
  • Communication skills.
  • Arabic & English speaking, reading and writing at full professional proficiency.
  • Microsoft Office.
  • Eager to implement change and continuous improvement deliverables.

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