CFO

Our client a leading company is looking to hire a CFO.

• Financial accounting and reporting


• Ownership of the accounting function, including oversight of accounts payable, accounts receivable, general ledger, treasury, tax, and financial reporting


• Overseeing the month-end reporting process to ensure that the monthly results are accurately reported in accordance with US GAAP (for internal reporting) and IFRS (for statutory reporting)


• Co-ordinate with the external tax consultants on annual tax calculation and ensure on-time tax filing.
  Identify opportunities for continuous improvement of financial and
  accounting processes and systems to increase efficiencies


• Coordination with the external auditors on the accounts reported to the Group and statutory accounts


• Driving the performance


• Partner with senior leaders on operational and strategic issues by providing recommendations based on financial analysis and projections


• Lead the operational capital budgeting process for proper capital allocation


• Ensure that the strategy is translated into operational business plans and monitor the performance and execution of those plans with different business heads


• Provide overall financial planning, reporting and analytical support to operations and the regional leadership team to help achieve the planned financial results


• Financing and treasury management


• Manage the relationship with the local banks
  In partnership with the Cluster Head of Finance and Corporate Treasury,
  negotiate term loans and establish financing facilities (revolving credit, LC
  's, Bid/performance Bonds,) to enable the growth of the company


• Monitor key financial ratios and ensure compliance with the bank covenants


• Be responsible for the cash flow management of the company to avoid liquidity risk: monthly cash flow forecast and optimization of the company working capital


• Internal control and compliance


• Ownership and delivery of robust financial governance and controls framework.


• Ensure quality control over financial transactions and financial reporting


• Develop and document business processes and implement Group accounting policies to maintain strong internal control system


• Manage and comply with local tax requirements


• Coordination with the Region on the updates of the entity risk register


• Developing financial talent


• Design and advise on the team structure required to provide financial support to the Company and Region


• Develop and maintain the performance of the team through recruiting, coaching, performance management and training


• Create a proactive and positive environment of continuous professional development

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  Required qualifications/experience


• Bachelor's degree in Finance or any related field


• Master's degree in finance or accounting (preferred)


• Professional qualification in Accounting (ACCA, CPA, CIMA, ACA)


• Minimum Experience: ‎10 to ‎15 years of experience in a similar position with ‎5-‎6 years ' experience in a managerial role
  Fluent English


• Functional skills:


• Good working knowledge of technical accounting, controls, SOX, audit processes, and US GAAP-based reporting.
  Tax experience in a multinational group


• Strong experience of month-end close, functional reporting and preparation of statutory account


• Experience and passion for process optimization and automation


• Advanced Microsoft Office skills


• Managerial/interpersonal skills:


• Broad business acumen and analytical skills,


• Ability to set and drive the finance agenda and influence outcomes

Min Experience:

‎10 Years

Salary :

AED ‎45000

Temp/Perm::

Permanent

Location :

Saudi Arabia

Posted Date:

November ‎1, ‎2022