Chief Financial Officer

Job Description : CFO RIYADH, KSA a major logistics group based in Saudi Arabia, providing end-to-end logistics services across the Middle East. Job Description Strategic Responsibilities; · Support the CEO in the development of the corporate strategy to achieve the groups strategic intent and achieve business objectives including generating revenue, achieving profitability and sustaining growth. · Monitor the progress of plans, programmes and initiatives of the Finance function and ensure they are implemented to achieve the desired outcomes. · Monitor the Finance function performance against pre-set performance goals to ensure that progress is being made in the desirable direction and preventive/corrective actions are taken accordingly. · Provide recommendations to the CEO on relevant financial requirements to implement business operations and activities, and ensure the optimal utilisation of these financial resources. · Responsible for establishing and maintaining a single and centralised Chart of Accounts to record all accounting allocations in order to maintain, classify and report the financial transactions of Flow. · Establish effective accounting procedures and control systems. · Develop financial policies, procedures and guidelines for the group. Operational Responsibilities; · Oversee the analysis on budgets received from the various departments and prepare a consolidated budget for the group. · Monitor variances between budgeted and actual expenditures; and distribute reports to the respective directorate/department. · Develop and maintain appropriate product level models to ensure adequate pricing coverage and enhance decision making. · Monitor cash flow and report major deviations from the cash flow projection. · Responsible for oversight of financial internal controls and coordination of all financial audits. · Review the group's annual accounts and liaise with external auditors. · Advise on contract negotiations from a financial impact perspective. · Oversee the financial statements review process and provide feedback. · Ensure the group complies with all relevant financial and statutory requirements. · Keep up to date with financial reporting and accounting standards, relevant regulations and industry best practice. · Maintain external relationships with banks, auditors, and third party vendors. · Perform any other duties and responsibilities as required. People Responsibilities; · Conduct periodic meetings with subordinates to ensure that business priorities are clear and workflow is running smoothly. · Monitor and evaluate the performance of subordinates and their respective functions and ensure compliance with corporate policies and objectives, as well as assess their contributions/efforts towards attaining the set objectives. · Recommend appropriate training to subordinates as per the pre-determined training needs and evaluate their effectiveness in terms of achieving the intended objectives. · Follow-up on subordinates' administrative affairs such as vacations, leaves etc.# · Nominate a deputy to carry out the responsibility of the position whenever the need arises. The Successful Applicant The successful candidate will demonstrate; · A relevant degree in finance, accounting, economics or business administration / management . · A professional accounting qualification (CPA, CA, CMA, CIMA, ACCA, etc.) · 15 years experience in Finance & Accounting · 7-10 years experience gained in senior leadership roles. · 5 to 10 years experience in the logistics sector.

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