Head of Corporate Governance

Saudi Arabia Posted 2 months ago Expires in 3 days

To establish a clear governance & Authority framework which defines how the organization's Corporate Governance Documents are established, developed, reviewed, maintained, updated and approved as per Corporate Governance and regulatory requirements.

Strategic Responsibilities

• Develop the Corporate Governance Strategies that defines the business relationships that exist between company shareholders, management teams, the Board of directors, and all other key stakeholders.
• Drive the administration of Delegation & Authority Metrics Frameworks across the organization to ensure levels of delegations and authorities are clearly communicated and adhered to.
• Development of the Corporate Governance Systems and Frameworks e.g., QMS, policies and procedures.
• Review the budget requirements of the overall Corporate Governance Function, and accordingly participate in the Department budget development.

Functional Responsibilities

Corporate Governance Policies and Processes

• Establish the Corporate Governance Frameworks and manuals that are required for Panda Retail Company organization to operate sustainably, effectively, and consistently.
• Ensure the Governance across the organization are in place by developing the departmental Policies, Guidelines and procedures that should be followed across and aligned with the Company goals, strategies, and good practices.
• Establish Panda Code of Ethics and ensure that it is followed by Corporate and Business Units.
• Develop and drive the administration of Delegation & Authority Metrics Frameworks across the organization to ensure levels of delegations and authorities are clearly communicated and adhered to.
• Development and setting the proper controls and systems needed for oversight and monitoring of activities to ensure compliance and organization robustness.
• Supports the management of Corporate Policy Framework for all entities including procedures for new or amended policies (with regular reviews and ensuring any changes are promptly incorporated into the relevant policies and procedures) with approval coordination.
• Design effective deployment plans across the organization to ensure full implementation of the endorsed Governance frameworks, manuals, and systems.
• Development of key activities that should be monitored within the framework that take into consideration risk, sustainability, economic/cost, and employee well-being.
• Assist in the regular review of governance processes including analyzing existing processes, recommending, and implementing changes, documenting new processes and procedures to support compliance, continuous improvement, and innovative best practice in governance.
• Conduct periodic review of the governance models of the business and recommend opportunities for improvement based on applicable leading practice and the changing environment.
• Allies with Compliance and Risk departments to identify risks, challenges, and opportunities, and develop plans to be incorporated as necessary within the related manuals, systems, policies, and procedures.
• Examine the Company adherence to the Delegation of Authority & Authority Matrix to assess business decisions controls.
• Development of periodic reporting systems that is reliable and transparent across the Group.
• Drive out special projects and assignments on an as need basis as part of the oversight function or as required by the Company.

People Development and Management

• Develop and maintain effective professional working relationships with the business stockholders.
• Developing and leading a high performing team, giving them the opportunities to be their best and by contributing to team efforts by accomplishing related results as needed.
• Developing a succession plan that reviewed Periodically to ensure Business Continuity, People Development and Retaining Talents.

Reporting:

• Ensure that all divisional reports are prepared timely and accurately and meet Panda’s organizational requirements, in adherence to the company’s policies and quality standards.
• Present annual and periodic reports at senior management meetings.
• Contribute to the identification of opportunities for continuous improvement of the Quality Assurance department systems, processes, and practices considering international best practices, improvement of business processes and cost optimization.

Health, Safety and Environment:

• Ensure compliance to all relevant quality, health, safety, and environmental management policies, procedures, and controls across the Quality Assurance department to guarantee employee and assets safety, legislative compliance, and a responsible environmental attitude.

Skills

Education

• Bachelor's Degree in business administration, accounting, finance, or any other relevant field is required.

Experience, Skills

• 10 years experience in the corporate governance function, of which at least 5 years in a managerial capacity in the design of a corporate governance framework and development of a delegation of authority matrix.
• Arabic language desired (working knowledge)
• English language required (advanced)
• Strategics and methodologies of legislation.
• Knowledge of regulatory authorities’ standard requirements
• Network and managing relationships and partnerships with key stakeholders
• Presentation, communication, negotiation, and interpersonal skills