Chief Financial Officer

Job Description : CFO UAE One of the global conglomerate is looking for a CFO for their new expansion in Dubai to manage the Middle East operations. Description KEY RESPONSIBILITIES Financial Control and Management • Communicate the approved strategic financial direction to the SBU’s and accomplishes the approved objectives • Coordinate internal audit efforts by reviewing the annual audit plan, performs strategic analysis on audit findings and corrective/preventive measures taken • Conduct test controls at macro level mainly by inquiry and observation • Ensure that appropriate financial governance principles are adopted • Undertake and lead commercial feasibility studies for overseas activities or projects either independently or with assistance of external consultants • Effectively lead and assess the financial aspects of merger / acquisition assingments • Lead and coordinate the preparation of financial statements, financial reports, special analysis and information reports • Critically examine financial reports • Critically evaluate and oversee budget variance and examine financial reports for any unusual or out of sync matter • Control CAPEX, inventory management, to limit variances • Identify cost optimization opportunities within SBUs • Divide finance portfolio in social and economic segments and analyzes the same in terms of set objectives of long term sustainability and self-financial reliance • Analyze ERP, forecast cash flows & provide timely updates to stakeholders on financial standing. Strategy & Business Plan • In conjunction with and as required by Upper Management, contribute to the formulation and implementation of strategy in line with vision and mission. Budgets & Plans • Adhere to departmental budgets and ensure optimal utilization of all available resources Systems & Processes • Implement approved departmental policies, processes and procedures, to ensure work is completed out in a controlled and consistent manner while delivering a world class service. • Ensure cost-efficient usage of all applicable resources to reduce wastage and unnecessary expense. • Share ideas and viewpoints to further streamline processes, thus driving efficiency and improvements across the organization • Ensure compliance with the governmental and company rules and regulations. • Develop effective reporting system and maximizes shareholders value. HSE & Risk Management • Adhere to all relevant QHSSE procedures, instructions and controls so that provides a safe, world class, secure and environmentally responsible service to customers, the public and its own employees. Continous Improvement • Motivate team members and contributes to the identification of opportunities to take part in change initiatives, programmes and projects that reflect international best practice and changes in the competitive environment • Conduct feasibility studies & provides advice on new business ventures / strategies • Perform continuous monitoring & improvement of accounting systems, internal controls & finance policies to ensure compliance with IFRS & accounting norms. People Management • Provide guidance and direct input to the development plans and performance management of direct reports to meet the objectives. • Ensure development of the next generation of leaders capable of effectively managing the Finance function and delivering business objectives. • Lead the finance department team through active interaction & involvement to realize strategic goals. Other Responsibilities • Assume or accept any other responsibilities as assigned by the direct supervisor WORKING RELATIONSHIP 1. CEO, Department Heads, Directors, Advisors - Strategy setting, information sharing, advice, counseling and reporting 2. SBUs- Implementation of financial processes and mechanisms 3. Finance Department- Information sharing, planning, decision making and performance management 4. Consultants, Auditors, Regulatory Bodies, Banks- Improve control environment through accounting means and harmonize reports across, Statutory compliance and value generation from audit effort REQUIRED EXPERIENCE • Minimum of 15 years’ relevant Finance experience • Minimum of 5 years should be in a similar CFO position / responsibility • Proven track record in financial management and experience with the development and management of budgets and major deals with banks and financial institutions • Retail/ Real Estate experience will be an absolute advantage • Experience with the management and implementation of contracts and understanding of government requirements EDUCATION BACKGROUND • Bachelor Degree in Financial Accounting or any similar field • Master Degree in Finance, Economics, Business Administration or similar field is preferable • Must be a CPA or CMA designation REQUIRED KNOWLEDGE, SKILLS, AND PERSONAL QUALIFICATIONS • Excellent command of English language • Hands on experience with ERP System • Male candidates are preferred • Maintain standards of conduct and high level of integrity and dependability • Capacity to provide leadership and develop innovative processes and ways of working • Excellent Interpersonal skills, ability to communicate and manage in a multi-cultural environment • Proven problem-solving skills. Ability to make decisions based on accurate and timely analysis • Trustworthy with confidential and sensitive company information • Excellent time management and organizational skills • Ability to consult and collaborate with others and work as an effective team member Proficiency in computers

---