Contracts and Financial Compliance Executive
2 days ago
**The Big Picture**
DigiSay is a leading MPN (Multi-Platform Network) in the MENA region that has diversified its portfolio of services to be specialized in the media sector but aiming for those services to be scalable and technology-based. DigiSay's objective is to become one of the biggest digital media companies in the EMEA region using technology and targeting the global market and making sure it's a great place to work for.
**About the Role**:
As a Contract and Financial Compliance Specialist, you will play a key role in ensuring our company's adherence to contract and financial regulations, mitigating risks, and maintaining accurate financial records.
Your expertise in contract management, financial compliance, and media industry practices will be instrumental in supporting our business operations and maintaining our reputation as a trusted and compliant organization.
**Responsibilities**:
Contract Compliance:
- Review and analyze contracts, agreements, and legal documents related to media projects, partnerships, and vendor relationships.
- Ensure contracts align with legal and regulatory requirements, company policies, and industry best practices.
- Collaborate with legal and business teams to draft and update contract templates, ensuring they align with regulatory requirements, negotiate favorable contract terms, identifying potential risks and proposing appropriate solutions.
- Monitor contract performance, compliance, and renewal dates, providing timely updates and recommendations to stakeholders.
- Maintain a comprehensive contract repository, ensuring accurate, up-to-date records compliance, and favorable terms.
- Collaborate with legal counsel to resolve disputes efficiently, minimizing legal and financial risks to the company.
- Maintain accurate records and documentation of contracts, amendments, and related correspondence.
- Generate reports and analysis on contract performance, compliance issues, and resolution outcomes.
Financial Compliance:
- Ensure compliance with financial regulations, industry standards, and internal financial controls within the media industry.
- Review financial processes, policies, and procedures to identify areas of improvement and implement necessary changes.
- Conduct regular audits of financial records, expense reports, and billing activities to ensure accuracy and compliance.
- Collaborate with finance and accounting teams to streamline payment processes, resolve discrepancies, develop and implement internal controls, policies, and procedures.
- Provide guidance and training to company personnel on financial compliance matters.
- Monitor and manage financial payment terms in contracts, ensuring timely payments and compliance with contractual obligations.
**Qualifications**:
- Bachelor's degree in finance, accounting, business administration, or a related field.
- 2-4 years of experience as a Contract and Financial Compliance Specialist, preferably within the media industry.
- Solid understanding of contract management principles, financial regulations, and compliance frameworks.
- Familiarity with media industry practices, including content production, licensing, and distribution.
- Strong analytical skills with a keen eye for detail and ability to identify potential risks and compliance issues.
- Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams and stakeholders.
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