Job for Chief Finance Officer
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Status: Expired
Commercial/Financial/Legal
Due to a major restructuring of several of my clients divisions the position of Chief Finance Officer has become available. The job purpose is to Oversee all financial matters to support organizational strategic and operation needs. Drive the function to ensure effective financial control and full transparency on business performance. Advise the Board and CEO on investment decisions. Supervise the IT department's activities to ensure that it is acting as a business enabler
Job Details
Location: Saudi Arabia
Salary: On Application
Working Locations: Site / Office / International
Posted: 18 January 2012 at 20:00 (exp: 18/03/2012)
Key Requirements
QUALIFICATION
Bachelors degree in Finance / Accounting and MBA Finance from a reputed institution
Professional certifications such as CPA / CFA / CMA will be an advanatage
EXPERIENCE
Around 20 yrs of hands on Finance and Accounts function experience
KSA / Middle east experience in a similar capacity for around 5 yrs in large Industrial Projects oriented organization (Plant Construction, Maintenance and associated support services such as Equipment, Accommodation, Catering and Facility management)
3 Experience in Transformation / Re-organization and Improvement of finance & accounts functions in terms of professionalism and transparency (focus on efficient controlling)
4 Lead / Supervised full fledged centralized IT function as a business enabler
SKILLS & KNOWLEDGE
Fluency in Arabic and English communication (Read, Write and Speak)
2 Knowledge of IPO and M&A processes
3 Developing / managing the finance & accounts function in an integrated ERP
environment
4 Competent in using MS office tools
5 Change management
6 Highly Analytical
7 Strong Negotiation abilities
- BEHAVIORAL TRAITS
1 Charismatic, trustable personality, able to interact with potential investors / key
stakeholders
2 Hands on work management style
3 Strong Leadership character
4 Qu
Job Description
Develop & Implement Financial strategies to support the strategic and operational needs
Financial planning (including financial structuring, cost of capital optimization, cash flow management, Zakat & Tax planning, Insurance planning and financial risk management)
- Develop detailed department structure and ensure availability of appropriate skill sets to deliver the desired functional expectations from the department
2 Closely interact with CEO and division heads to contribute towards the financial & commercial aspects in the preparation of business plans and growth strategies
3 Drive the development, implementation and improvement of finance and accounting policies, processes and systems to ensure business performance transparency, efficient controlling and standardization in reporting
4 Guide and Coordinate the annual budget preparation process in close interaction with CEO and division / department heads and make optimal budget recommendations to CEO / BoD
Oversee the Financial performance of all divisions and departments to assess compliance with guidelines and targets set by the BoD and CEO
6 Support the CEO / Divisionl / Department heads in Evaluating the financial and commercial viability of investment proposals / projects and advise CEO / BoD on the feasibility of the same.
7 Manage relationship with financial institutions and relevant regulatory bodies in the best interest of the organization
8 Ensure compliance of accounting, reporting and audits according to regulatory requirements
9 Ensure that IT function acts as a business enabler to support business activities
10 Facilitate mutual agreements on the terms of inter-divisional SLAs in the best commercial interest of the organization.
11 Implement Saudization within the department in line with Organizational and National objectives & policy
COMMUNICATIONS & WORKING RELATIONSHIPS
Regular interaction with CEO, Business Division / department heads and Finance personnel under divisions. Day to day interaction with direct reports in the department.
Interaction with BoD via relevant committees and directly as and when required.
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