description

Our client is currently hiring a Group Chief Finance Officer (CFO) based in Dubai to join their organization. Please note that the role requires frequent travel to the group's other offices and financial institutions located in the APAC and MEA regions.

The main responsibilities of the CFO include: 

managing accounts & finance department:

• Create, review and analyze financial reports for the BOD
• Upgrade existing SOPs and Authority Matrix
• Manage audits and deal with tax authorities
• Present financial info for business decisions
• Ensure compliance with financial and tax regulations
• Lead group budgeting, planning, and forecasting
• Restructure the team and manage the treasury team.

banking relationship management

• Manage relationships with all new & existing financial institutions jointly with the existing team; 

risk management

• Implement risk management frameworks & policies;
• Identify, quantify & mitigate risks across organization;
• Obtain appropriate credit insurance policy for the group. 

reporting to bod

• Deliver monthly financial reporting and analysis to the Board of Directors, consolidated and individual BU’s.

1st year kpi

• Secure new banking credit lines of at least USD 50 Million from a new bank/financial institution;
• Establish banking relationship with bank/FI excluding HSBC/SCB/Mashreq/FNB;
• Implement holding company structure in UAE.

Skills

skills & competencies:

• Strong leadership and organizational skills;
• Excellent communication and people skills;
• Negotiation skills;
• Network with Heads of corporate bankers, financial institutions in UAE and other financial hubs;
• Evaluated and modeled existing & new industrial projects;
• Raised capital for project size USD 100 million and above;
• Executed M&A deals.

knowledge of:

• Corporate financial law and risk management practices;
• Data analysis and forecasting methods;
• Oracle ERP and experienced digitalization projects;
• International bulk commodity trade and Industrial cost accounting.

education & qualifications:

• Master’s degree in accounting from a top-ranking University / Chartered accountant;
• Proven experience as CFO of a listed company or a company with minimum USD 2 billion annual revenue;
• Proven track record in a Bulk Commodity Trading, Shipping and Manufacturing group company.
• Agreed to work out of the Dubai office.