Chief Financial Officer (Cfo)

We’re searching for an experienced CFO to join our team of high-performing professionals to help keep our finances insightful and instrumental to our continued success. The CFO will have both day-to-day and ongoing impact on company operations, helping us to analyze, strategize, and grow our financial position. This seasoned strategist not only understands current accounting practices and trends but has proven experience raising capital and adapting to change-both in growth and downsizing. As a member of our senior management, he or she will be comfortable in a leadership role that demands clear communication and presentation skills.

Objectives of this Role

• Drive the company’s financial planning
• Assess and evaluate the financial performance of the organization regarding long-term operational goals, budgets, and forecasts.
• Provide insight and recommendations for both short-term and long-term growth plans of the organization.
• Perform risk management by analyzing the organization’s liabilities and investments
• Responsible, either directly or by managing staff, for all cash management, investments, insurance, budgeting, and financial reporting, helping to drive the company’s financial strategy and hiring needs
• Coordinate the development of the annual operating, capital, and program budgets, and reporting against the same
• Ensure cash flow is compatible with company operations, by overseeing the day-to-day accounting, recording, reporting, and internal control activities of the organization
• Lead the development and use of best-practice policies, practices, and tools that ensure a well-controlled yet flexible organization with strong fiscal management, project management, cross-team communications, and workflow
• Managing or overseeing the relationship with independent auditors
• Comply with the UAE financial requirements by studying existing and new legislation, enforcing compliance, and taking action
• Assuring legal and regulatory documents are filed and monitoring compliance with laws and regulations
• Maintain outstanding banking relationships and strategic alliances with vendors and business partners.
• Mentor and develop his team, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.

Daily and Monthly Responsibilities

• Work with the senior management to efficiently develop proposal budgets, provide access to project financial information, and manage contracts compliance and reporting
• Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division, and weekly cash flow by division.
• Work with Human Resources to ensure appropriate legal compliance.
• Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
• Oversee preparation of monthly, quarterly, and annual financial statements. Develop and maintain the monthly operating budget and annual company operating budget.
• Review all month-end closing activities including general ledger accounts, balance sheet accounts, and overhead cost allocation.
• Research revenue opportunities and economic trends, analyze internal operations, identify areas of cost reduction and process enhancement
• Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives
• Oversee the preparation and communication of weekly, monthly, and annual financial statements.
• Oversee the preparation and timely filing of all local tax returns.
• Monitor performance with tracking, establish corrective measures as needed, and prepare detailed reports, both current and forecasting for earnings calls, the management team, and the rest of the company
• Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulations
• Enhance and implement financial and accounting systems, processes, tools, and control systems

Skills and Qualifications

• Master’s degree in accounting, business accounting, or finance
• In-depth knowledge of corporate financial law and risk management practices
• 5+ years experience in executive leadership positions
• Leadership skills, with steadfast resolve and personal integrity
• Exceptional verbal, written, and visual communication skills
• Understanding of advanced accounting, regulatory issues, and tax planning
• Working knowledge of raising capital beyond traditional lines of credit
• Arabic Language preferred