Chief Financial Officer

JOB DESCRIPTION SUMMARY

The Director is responsible for leading financial planning, budgeting, reporting, investment and corporate services relating to office management and administration. The Director manages financial planning in compliance with applicable regulations, accurate sales forecasting, operational cost optimisation and maintain a healthy net profit margins while ensuring all company corporate services are managed at the highest levels of efficiency and control while meeting all corporate requirements.

KEY DUTIES & RESPONSIBILITIES

• Develop and implement financial strategies, policies, and procedures to ensure effective financial management and control.

• Oversee the preparation of accurate and timely financial reporting and statements, budgets, and forecasts planning.

• Develop and regularly update the pricing models and strategies to ensure optimal value generation for users while not negatively impacting company sales and profits.

• Manage the company's financial planning, including budgeting, cash flow management, and balance sheet management.

• Manage company treasury and maximise investment income in line with corporate finance and investment policies.

• Provide strategic financial analysis and insights to support decision-making and drive business growth.

• Develop accurate forecasting models to simulate sales and annual target achievement.

• Ensure compliance with financial regulations, accounting standards, and tax laws.

• Monitor and analyze financial performance, identify risks and opportunities, and recommend corrective actions.

• Establish and maintain strong relationships with financial institutions, statutory auditors, and other external stakeholders.

• Drive cost optimization initiatives to improve operational efficiency and profitability.

• Develop ERP systems, workflows and integrations to ensure the regular activities of finance and administration are automated and digitized, requiring close to zero human intervention.

• Manage all corporate services activities to ensure proper corporate services and office management requirements are provided seamlessly and in a timely manner.

• Manage and control office expenses such as corporate travel, inventory, supplies, services, contracts, etc to enable the smooth and timeline operation of the office premises while ensuring that corporate brand is adhered to.

• Manage vendors and supervise performance in order to ensure optimal results and achieved in delivering company projects and objectives.

• Develop and implement internal controls and risk management processes and/or workflows to safeguard company assets.

• Provide leadership and mentorship to the finance and corporate services teams, fostering a high-performance culture and nurturing future leaders.

• Collaborate with the Director General and executive management team on strategic initiatives and business planning.

• Present financial reports, insights, new product lines and viable business opportunities and platforms to that Director General.

• Stay updated on industry trends, financial regulations, and best practices to drive continuous improvement in financial management.

• Conduct a comprehensive half-yearly RCSA (Risk and Compliance Self-Assessment) against department procedures, documenting compliance levels and improvement actions, and submit findings to the Risk Department for review and follow-up.

• The responsibilities and duties outlined above are not exhaustive and may evolve over time. The role may require additional tasks and responsibilities as assigned by the line manager or higher authorities, in alignment with organizational needs.

JOB REQUIREMENTS

Education & Skills (Required, Preferred)

Bachelor’s Degree in Finance or Accounting

Professional certification in Finance like (FCMA/FCA/CPA/ACCA/CIMA)

Proficient in English

Proficient in Arabic

Strong teamwork management skills

Excellent communication and presentation skills for all levels

Minimum experience of 10 years in a managerial role

Experience in managing a team

Experience of financial operations in diversified industries

Well versed in common business software applications i.e. MS Dynamic, Oracle

Knowledge of commercial evaluations and business frameworks

Industry certifications or specializations such as CPA, CA, CMA, CFA….

Abilities & Specific Requirements (Required, Preferred)

Able to deal with varied tasks and to work under pressure to meet deadlines and targets

Demonstrates critical thinking and problem-solving capabilities

Applies a structured and systematic approach to problems

Strong leadership and management skills

Innovation in finding ways to resolve problems

Very good prioritization skills to balance key priorities

A strong customer centric approach

Understanding of the importance for detail and organization

Strives to do the "right thing", not just the "easy thing"

Effective in unifying and creating teams of people with disparate skills

UAE Nationals (Male) only. Any other nationalities will not be shortlisted.