Group Chief Financial Officer

Job Description : GROUP CFO GCC A local conglomerate giant in across the GCC who operate across Construction, Automotive, Build Environment, Retail, FMCG and Healthcare are searching for a dynamic CFO who will focus on the full financials and new ventures and vision for the group in line with the Chairman’s, Vice chairman and shareholders visions for 2025. This leader will come from a similar group in terms of sectors and turnover responsibility. The group is a $4.5BN group with 10,000+ employees. Must have has longevity in their previous roles, must have worked within a recognized leading business delivering substantial results and a track record of excellence. The key sectors of experience be Healthcare Distribution, Automotive and Consumer Sectors. Looking ahead, our client is looking to modernize their organization from top to bottom. They need a strong leader who is not afraid of change, but who can implement this within a swift – but manageable timeframe. The group is digitalized but needs direction, polishing and guidance to be a world class leader. An articulate leader who will be the right-hand advisor to the Chairman on his vision and new ventures to capitalize market and regional penetration. The company and its employees represent a values-driven organization. The values that guide their work are Integrity, Innovation, Openness, Accountability, Fiscal Responsibility, and a corporate ethic within a family business environment. Full autonomy will be given to this individual who will oversee the future and direction of the organization. This role will oversee the full financial and also have accountability for the Presidents of business sectors. The company has a $4.5BN annual turnover and an engaged Board of Directors, and a multinational staff of more than 10,000 FTE. POSITION OVERVIEW The CFO is responsible for directly or indirectly managing the vision and daily operations of the organization. Working with the President and Board Members. This is a newly created role for a hand son commercial / strategic CFO who can adapt a change methodology and look at the big picture to move the business from a family run business into a Multi-National operating company. One of the key parts for this role is to implement manuals policies and procedures and work with the President to focus on change management and look at the “Cash flow “within the business and to enable the business to be in a position to develop organically and look at major M&A in the future. This position reports to the President with a dotted line to the Board of Directors through the Chairman of the Board and works closely with an active Board Executive Committee. The CFO is specifically or indirectly responsible for the following: • Administration. Responsible for overall administration and quality of the organization - its projects, human resources, policies and procedures, finances, and facilities. • Change Management. Deliver close change management advice to the board and advise from a commercial and strategic direction as to where the company needs to be focusing. • Budgeting. Responsible for the development and management of the annual operating and capital budgets. • SAP/ERP Responsible for the identification of new systems and operating procedures. The business is in desperate need of structure and processes and is keen to find a business leader who has come from a major manufacturing, FMCG business specifically within Dairy and Juices. • Board and External Relations. Support the work of the Board of Directors and all relevant committees. Serve as the intermediary between board and staff. Identify, recruit and maximize the contributions of new and existing board members. PERFORMANCE OBJECTIVES After 12 months in the role, the successful candidate will have accomplished the following: 1 Change Management. Worked with the existing management team to evaluate and assess the current organization, and to put in place a clear change management plan. This will have been shared with the organization from top to bottom, ensuring buy-in from all key stakeholders, and the implementation will be on schedule according to the timeline specified. 2 Financial Controls. Evaluated and if necessary, then will have put in place the effective means by which the organization’s resources are directed, monitored, and measured, ensuring the accuracy of financial reporting, and protecting the organization’s resources, both physical and intangible. These internal control procedures should reduce process variation, leading to more predictable outcomes. 3 IT & Technical Systems. Oversee the evaluation of the IT and the technical systems including the systems and technology involved in the manufacturing processes, and approve an implement the necessary changes if necessary, of systems such as the ERP System across the entire group. 4 Procurement. Assess and improve the current procurement strategies and enhance control over raw material costs in order to sustain profitability. Propose plan to the Board of Directors to create a procurement unit if necessary, to effectively control the need and size of purchasing. 5 Sales and Distribution. Use current resources to produce better sales forecasts and implement procedures to produce production plans that will meet the forecasts. Increase the number of distribution routes to enhance sales and their cost control through implementing asset tracking systems within a limited budget. 6 Product Development & Acquisitions. Assess the current product portfolio of the company to enhance their P&L’s and put in place systematic procedures to introduce future products for the organization. Implement all systems necessary (Financial Controls, IT, and HR) to allow for future acquisitions. KNOWLEDGE, SKILLS AND ABILITIES The ideal candidate has a blend of the following: • Bachelor’s degree required; advanced degree preferred • Substantial prior successful experience operating an organization similar in size, scope and scale of impact • Prior demonstrated successful experience with sales growth and business development, as well as demonstrable Change Management experience • A visionary who doesn’t lose sight of daily operations • A demonstrated passion for the industry and the region, and for providing quality products to the community CFO PROFILE • A competent and natural external leader who can convey confidence, build relationships and represent the organization in the marketplace. • Personal values that are consistent with the corporate values • Coalition building skills, including the ability to motivate, negotiate, and persuade stakeholders into a course of action in a corporate context. • A business leader who has demonstrated excellence with both start up’s and Multinational businesses adding value chains through and through. • Experience in overall leadership of a leading manufacturing/distribution business in the FMCG or Automotive. • A highly strategic and long-term view of business coupled with an ability to understand and operate the critical levers which have proven to be the essential success factors for the company. • An understanding of managing organizational culture to drive company performance. Exceptional numeracy skills, the application of which can enable accurate and fact-based decisions to be made and conveyed to the organization through a highly empowered team which has been developed by an open and consultative leadership style. • The ability to cope with ambiguity and continual change as the company innovates to meet it market moving forwards. • A motivator and leader who does not shy away from conflict • A natural collaborative style that invites participation and collegiality • Integrity beyond reproach, with follow through on your commitments • Strong interpersonal skills, including the ability to build relationship with diverse populations • Excellent communication skills, including verbal, written and public speaking • Creative, compassionate, entrepreneurial, and savvy Package Details: Base Salary AED 150,000 -160,000 Bonus 40% guaranteed LTI profits Schooling x 3 Business Class Flights for Family

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