Chief Financial Officer (CFO)
A leading company in The Middle East is seeking an experienced Chief Financial Officer to join its Executive Management team. As a key member of the team, the CFO will report to the CEO and assume a strategic role in the overall management of the company.
The CFO will have primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company. This includes:
- Directing and overseeing all aspects of the Finance & Accounting functions of The Group and all branches.
- Developing, maintaining, and monitoring accounting processes, policies, and procedures in accordance with SOCPA and IFRS.
- Ensuring timely tax/zakat filing and resolving issues related to pending Zakat assessments.
- Reviewing and analyzing financial data, monitoring expenditure, forecasting revenue, and coordinating auditing processes.
- Working with the CEO and other executives to coordinate planning and establish priorities for the planning process.
- Developing and monitoring the company's strategic financial planning and budgeting in coordination with the CEO.
- Overseeing investment of funds and working with investment bankers to raise additional capital required for expansion.
- Ensuring effective internal controls are in place and compliance with Saudi Arabia regulations and applicable local regulatory laws and rules for financial and tax reporting.
- Ensuring effective external Audits & Reviews, with a view to meet all regulatory requirements and deadlines.
- Monitoring cash flow of the company at all times for better cash/fund management.
- Applying Zero based budget techniques and ensuring budgeting process is being followed for annual budget preparation.
- Reviewing active contracts to ensure necessary action and applying contract risk management from a finance standpoint.
- Implementing and monitoring internal controls ensuring Fraud risk management and control.
Requirements:
- Bachelor's degree in accounting or finance or relevant major.
- 10+ Years of Experience in 360 Financial Management.
- CIMA or relevant accreditation highly advantageous.
- Gulf Experience is highly advantageous.
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