Team of finance professionals (approx. 10 including Cost & Management Accounting and Quality Assurance)

The Chief Financial Officer will be responsible for managing the organization’s finance function plus providing strategic direction and leadership to a team of finance professionals. The CFO has primary responsibility for formulating financial plans, policies and procedures plus acting as a sounding board to the entire Management Group.

As follows:

1. To ensure the availability of financial resources for the smooth running of the organisation in line with planned budgets and targets.
2. To manage and supervise all financial matters such as general accounting, financial reporting and analysis, internal controls, budgeting, forecasting, MIS and risk assessment and ensure compliance with the established policies and international best practices.
3. To implement and monitor internal controls in order to safeguard the assets of the company.
3. To implement and monitor internal controls in order to safeguard the assets of the company.
4. To maximise the utilisation of all financial resources and coordinate the preparation and submission of all the routine financial information.
5· To maintain and monitor the cash flow position at all times by ensuring an adequate credit and debtor’s control system is in place.
6· To closely interact with the cost-controlling department.
7. As part of the Management Team, the CFO reports to the Board of Directors on the following: Annual budget, monthly P&L, capital expenditure, cash flow position, distribution of dividend, audited financial statements, review of auditor’s comments and interaction with financial institutions.
8. To pro-actively assist the CEO in improving existing policies, procedures and systems. The CFO may assist in special assignments as and when required.
9. To manage the performance of the direct reports and encourage their throughput and development.
10. At all times best practice standards must be maintained (Generally Accepted Accounting Practices and Reporting Standards) together with training staff on financial, accounting and regulation matters.

Our Client requires a high calibre professional with:

1. Master degree in Finance/ Accounting from a reputed institution with a professional qualification such as CA/ CPA/ ACCA/ CIMA/CFA.
2. Minimum of 10 years’ post qualification experience in large commercial entities (experience with MNCs preferred) with at least 3 years in a similar position. Experience in Stock Exchange Listing and Initial Public Offering, Mergers, Acquisitions, etc. will be an advantage.
3. To be in a leading financial role in a firm of US$ 1 Billion market value.
4. Sound knowledge of finance and accounting principles and practices relating to strategy, planning, cash management, MIS, plus the analysis and reporting of financial data.
5· To have first rank graduation degree at University as well as high school.
And with following Personal Attributes:

1. Strong and pleasant personality with the ability to question business practices and a mindset to continuous improvement. Demonstrates confidence to communicate findings at all levels.
2. Favors a hands-on approach and enjoys a flexible working environment. Easily adaptable to new situations and challenges.
3. Self starter with the ability to work independently and pro-actively whilst guiding a team simultaneously.
4. Ability to project a bird’s eye view and add value to the overall business, not just to finance. Understands the importance of being part of a larger entity.
5· Although age is not a prime factor, the ideal candidate is in the age range of 35-45 years.
5· The ideal incumbent will be fluent in English and will have excellent communication skills (verbal and written). Knowledge of Arabic will be a plus.

The Best in the industry.

The remuneration package will reflect the experience and qualifications of the appointee and will be negotiated with the selected individual in confidence. In addition to an attractive basic salary, the company provides compensation for housing and transportation. Additionally, medical insurance, annual leave tickets as well as an annual performance related bonus will be provided.
The company offers total package above US$ 100,000/- per annum depending upon the level of education, knowledge and experience of the selected candidate.