Chief Financial Officer

Job Description : CFO KSA Job Purpose: The position is responsible to plan and supervise all matters related to finance & accounts management of the company, provide input and coordination in strategic decision making, business planning, accounting, budgeting, financial reporting, treasury, statutory auditing, funds investment and management in close liaison with internal and external stakeholders WITH the objective to ensure smooth viability of business operations, maintaining and improving financial health of the company while following the guidelines and limits defined WITHIN company policies & procedures, international accounting standards, government rules and regulations pertaining to corporate governance and taxation. Key Responsibility areas & activities Strategic Planning -Lead development of short/long term financial project plans keeping in view the strategic vision of the management. -Provide input into deployment of corporate vision, strategy and target into departmental plans and performance targets. -Provide key input and analysis into preparation of business plan. -Assess infidelity, accidents and natural disaster risks and procurement of suitable insurance policy to safeguard company's assets and business continuity risk. -Develop and utilize forward-looking, predictive models and activity-based financial analysis; -Evaluate various investment and business initiatives/proposals (e.g., opening new operations, asset acquisition, new service launches) to determine ROI and feasibility. -Oversee service & product costing Treasury and Fund Management -Arrangement and negotiation with financial institutions for long term and working capital facilities. -Develop financing strategies and develop healthy relationship with government authorities, financial institutes and funding agencies IN ORDER TO ensure timely availability of funds and maximize returns on investments. Financial Analysis and Accounting -Oversee preparation of month-end, quarter-end and year-end financial statements. -Review all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate overhead cost allocation. -Enhance and implement financial and accounting systems, processes, tools and control systems. -Protect financial assets by establishing, monitoring and enforcing internal controls. -Serve as final point of escalation for Accounts Receivable/Accounts Payable issues. -Consolidating production, sales and raw material reports People Management -Provide leadership and supervision to the whole team of finance department in ensuring that employee training needs are properly addressed and conducting performance evaluation. -Conduct surprise audits. -Mentor and develop all direct reporting employees. -Manage work allocation and delegation IN ORDER TO build an effective, motivated and dynamic team. Annual Book Closure & Budgeting -Coordinate external audit. 4. Key Responsibility areas & activities -Serve as a key point of contact for external auditors. -Manage preparation and support of all external audits; Preparation of annual zakat return and work closely with zakat consultant for finalization of assessment IN ORDER TO ensure legal and statutory compliance and effective management of financial records of company. -Quarterly review cost and price of entire service line and issuance of new pricing. -Lead preparation of operating and capital budgets. Financial Reporting -Analyze and interpret financial data/information. -Present financial information/reports to management. -Make presentations and reports as required. -Keep management well informed and make recommendations in terms of financial condition of company. Governance, Risk and Compliance -Assess internal controls and introduce appropriate checks where ever required to safeguard company’s assets and to reduce exposure to unsolicited liabilities. -Assess risks and advise management on how to mitigate the risk exposures. -Enhance and Implement financial and accounting systems, processes, tools, automation and control systems. -Protect financial assets by establishing, monitoring and enforcing internal controls. -Ensure company’s compliance with internal control procedures and laid out P&Ps. Operating Environment: -Is responsible for the financial performance of the organization -Most of the time is spent in the office in planning and supervising the activities of different functions. -Represents the organization at meetings and external forums. Qualifications and Experience: -Chartered Accountant or Certified Professional Accountant/CFA -Minimum 20 years of experience out of which 10 to 12 years as CFO. -Age 45+ years. -Experience in more on their industry background, we are majorly on contracting company, hence people from same industry are preferred. -Should be currently present in Saudi Arabia, Candidate who are working in India and have previously worked in Saudi Arabia. -Having experience in Saudi Arab is very important. Job Specific Skills: -Knowledge of applicable rules and regulations i.e. IFRS, taxation, company laws -Knowledge of accounting, budgeting, cost control procedures -Experienced with ERP/automated accounting & finance management -Advanced Level IT Skills -English Language Competencies: -Leadership -Analytical -People Management -Team Work -Judgment & Decision Making -Communication & Interpersonal -Taking initiative & Problem solving

---