Position:
Chief Financial Officer - CFO
The Company:
A late-stage funded startup - Asset heavy retail business.
Location:
Saudi Arabia
PLEASE NOTE THIS IS A SIMPLIFIED JOB DESCRIPTION - A FULL JOB DESCRIPTION IS
ONLY AVAILABLE AFTER THE INITIAL SCREENING
THE CFO MUST HAVE EXPERIENCE FROM A START-UP ENVIRONMENT AS WELL AS STRONG
RETAIL EXPERIENCED
The Role:
The Chief Financial Officer (CFO) position is accountable for the
administrative, financial, and risk management operations of the company. This
includes the development of financial and operational strategies, and metrics
tied to the formulated strategies and the ongoing development and monitoring
of control systems designed to preserve company capital while supporting
company growth and reporting accurate financial results.
The company is expanding quickly as they look to raise their next round of
financing. There is a current team in place split over Saudi and Jordan with a
newly implemented ERP system. Accounting procedures, guidelines and policies
are in their infancy and would require the candidate to build these into a
world-class system.
Major Responsibilities:
Planning
Operations
Financial Information
Risk Management
Third Parties
* Maintain Banking relationships
* Maintain Regulator relationship
* Represent the company with investment bankers and investors
Qualifications & Desired Skills:
* A Master's degree in Finance, Accounting or business administration
* An MBA with specialization in Finance and or a qualified Chartered Accountant Accreditation (ACCA, CPA, CA or CIMA)
* At least 15+ years of progressively responsible experience preferably within a late stage startup or large private retail operation.
* Should have experience in partnering with an executive team, and have a high level of written and oral communication skills.
* Excellent Leadership and Managerial competencies relevant to Business Strategy, Problem Solving & Decision Making
* Has to be tech savvy with a deep understanding of the current Startup eco-system
* An understanding of Saudi Arabia Financial regulations and laws (VAT)
* Fair with impeccable integrity
* Partnering & relationship building to lead and motivate staff to deliver results
* Ability to work and influence at all levels in the organization
* Skilled in examining, developing, re-engineering, and recommending financial policies and procedures
* Excellent interpersonal skills honed in business partnering/advisory roles
* Strong verbal and written communication skills in English and Arabic .
* Ability to work flexibly and under own initiative to achieve objectives
* Attention to and consistent achievement of deadlines on SLA's
Job Summary: The CFO main responsibility will be planning, implementing, managing and running of all finance activities at Al Abdul Karim, including business planning, budgeting, forecasting and negotiations The CFO will be on a group level where he/she will be accountable on overseeing all reta…
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