Chief Financial Officer

Job Description : CFO UAE preferably an Arabic speaker, with at least 15 years of experience in a senior-level finance or accounting position with experience in Strategy, M&A experience, Debt restructuring, Bank negotiation skills. Sector experience: Electronics/appliances/consumer goods or related Main Responsibilities · In liaison with the CEO, contribute to the development and formulation of Financial Reporting and Budget strategies ensuring alignment to the vision, mission and the business strategy. · Ensure effective implementation of strategic plans as per set timelines in order to support the achievement of business objectives. · Manage the effective achievement of Financial Reporting & Budgeting objectives through the leadership of the team – setting individual objectives, managing performance, developing and motivating staff, provision of formal and informal feedback and appraisal – in order to maximise subordinate performance. · Develop, seek approval and support the effective implementation and management of policies, procedures covering all areas of Financial Reporting & Budgeting operations to achieve the Finance strategy. · Together with subordinate – Financial Reporting Manage & Budgets & Management Reporting Manager ensure effective communication and compliance to the approved policies & procedures to support the achievement of quality standards within Financial Reporting & Budgeting units. · Maintain an effective involvement and understanding of the business in order to contribute to key business decisions within the unit through financial advice and expertise. · Oversee the detailed financial plan and necessary financial projection for the organisation in line with the financial strategy and the overall objectives of the company. · Direct and oversee long-term profit/loss forecasts to facilitate management review of capital appropriations, expansion strategies and product line changes. · Direct & oversee the whole process of budgeting for from inception until the approval of the budget by the senior management to ensure adherence to defined standards. · Direct & oversee the evaluation of business requirements and ensure the preparation of organizational budget in-line with business plans; monitor / control expenditure, advice all departments on the same so as to facilitate operations of the organization by controlling costs and exercise in order to achieve a financial performance over the budgeted figure. · Oversee the annual plans and budgets produced by department to ensure they meet cost and profitability targets, whilst being realistic and achievable. · Prepare Business Planning /forecasting processes and avoid redundancy and duplication in budgeting. · Direct & oversee analyses of short-term cash requirements, for management consideration, in order to ensure availability of funds and efficient use of bank facilities. · Manage the preparation of cash flow plans and cash flow forecasts that establishes ’s short and medium term liquidity positions in lesion with Financial Reporting Manager. · Undertake comprehensive risk analyses and provide well-substantiated recommendations in order to assist the decision making process. · Direct & oversee the performance of all facilities, paying particular attention to current or potential financial risks and formulating appropriate safe guarding recommendations. · Direct & oversee the analysis of proposed loan agreements and provide recommendations, based on precedents and innovative thinking, for structural or commercial positions that provide a competitive advantage for the company · Direct resources and define timetables (work flow) to ensure the timely and accurate collection, consolidation / reconciliation and effective presentation of monthly and quarterly financial information for review and consideration by CEO. · Direct & oversee the preparation of concise and clear BS, IS, CFF and SHE statements in a timely manner · Ensure classifications of financial accounts are in conformity to IRFS. · Ensure incoming (A/R) and outgoing (A/P) payments are carried out in a timely and in accurate manner. · Ensure that farmer payments are carried our effectively. · Ensure the payroll and payments are process on time and with precision. · Monitor the implementation of Financial Reporting Service Level agreements between the organization and service providers, ensuring alignment to statutory standards and Supply Chain governance framework. · Ensure compliance to contractual terms by both parties and support the achievement of set service parameters, quality standards in accordance to the Agreements. · Develop and maintain effective business relationships with all relevant internal departments & external entities (such as business units, external consultants etc) with highest standards of business ethics, whilst promptly attending to all critical issues in-order to ensure the services required by the organization are delivered in the most effective manner. · Contribute to the identification of opportunities for continuous improvement of Financial Reporting systems, processes and practices taking into account ‘international best practice’, improvement of business processes, cost reduction and productivity improvement. · Supervise the preparation of timely and accurate departmental MIS statements and reports of the Financial Reporting operations & Budgeting units to meet and department requirements, policies and standard

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