cfo

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia The Professionals Full time

Responsibilities:

  • Development & implementation of a strategy for the Finance function, which is consistent with the overall Company strategy and supports the short & long term objectives of the business. Ensures adherence to all relevant accounting standards and best practice. In doing so, ensure that the Finance function is positioned as a key service provider andpartner to the business.
  • Develop and execute a strategy to help the company in Listing to main market in line with the company strategy and BOD vision
  • • Direct & finalisation of the annual budget & business plan in line with Company objectives & strategies, and within the designated timeframes.
  • Direct & facilitate the preparation and consolidation of the annual and long-term Capital, Operating & Revenue budgets and business plans ensuring adherence to the Company's strategic objectives & goals, and compliance with requisite guidelines and time targets.
  • Oversee operating budgets and exercises controls to ensure expenditure do not exceed budgetary limits.
Monitor that all departments are working within established budgetary parameters.
  • Ensure that the Company has the required funds to finance its agreed budgets , projects and activities at suitable terms and conditions by:
o Ensuring that appropriate systems & processes are in place for the timely & accurate identification of funding requirements.

o Recommending the best capital structure for the company. o Planning and implementing appropriate shifts in strategy for fund-raising from time to time in line with the Company's growth and business progress.

o Establish and maintain effective relationship with the banks and other financial institutions.
  • Review the monthly bank reconciliations to ensure that all reconciling items are cleared and the accounting books & records are updated on a timely basis to reflect all cash and bank transactions. Manage verification and reconciliation tasks for invoices/receipts/balances of departments.
  • Support in working capital management
  • Ensures financial systems and controls are in place and operating effectively.
  • Meet the shareholders and statutory financial reporting requirements by directing the preparation of financial statements and ensuring that accounting records are prepared and maintained in accordance with the Company's accounting policies, SOCPA accounting standards, IFRS etc, the timely and accurate preparation, presentation and delivery financial statements as per Accounting Policy requirements, expected standards and agreed deadlines/timeframes., and smooth completion of external audit
  • Ensure that there is an appropriate internal control framework in place within the Company to effectively manage Key Business Risks and safeguard the Company's assets.
  • Ensures all financial records are maintained in a manner acceptable to applicable government regulations.
  • Ensure that the Company operates in an environment of strong Corporate Governance and in particular ensure timely and effective compliance with all
o Audit obligations (internal or external).

o Taxation legislation & regulations, zakat regulation as they relate to the Company (including all tax compliance/ filing, payment & other obligations)
  • Ensures appropriate risk management, insurance and business continuity programmes, systems and processes necessary to mitigate financial and operational risk are in place and operating.
  • Ensure that there are appropriate processes and systems in place to monitor and report on actual financial performance of Company operations against approved budgets in order to ensure that business is delivering both the required and expected financial returns to the Company.
  • Ensure that there are appropriate & accurate processes and systems in place to support the pricing of the Company's products.
  • Keep abreast of changes or developments in International Accounting Standards, Taxation Legislation & regulations as well as Company law and corporate governance standards. Understand the implications of any such changes & developments for company, and plan & manage change where required.
  • Provide support in developing and implementing finance related authority matrix of the company. Ensure that Authority Matrix is updated.
  • Provides strategic financial input and leadership on decisionmaking issues affecting the Company.
  • Direct & co-ordinate the overall planning, organizing, and execution of all financial information systems within the Company.
  • Provides effective financial and commercial support across the organisation to improve financial performance of the company.
  • Ensure that there are appropriate processes and systems in place to monitor and report on actual financial performance of Company projects against approved budgets in order to ensure that proposed and approved projects are delivering both the required and expected financial returns to the Company.
  • Oversee financial appraisal of business opportunities to ensure that investments are made in line with the criteria approved by the CEO.
  • Evaluate financial information detailing assets, liabilities, and capital, and prepares balance sheet, profit and loss statement, and other reports to summarize current and projected company financial position.
  • Ensure that the fixed asset records and related depreciation accounts are maintained and all transactions relating to fixed assets including acquisition, disposal, depreciation etc are reflected in the accounting books.Lead special projects (feasibilities) like the creation of new sub-companies, sub-franchising, Master Franchising, JV's and M&A to ensure that they are carried out smoothly by:Directing the development of a 2 to 5 year plan linking the projects with corporate strategy.
  • Guide, motivate, coach and train subordinate staff so that they perform to the best of their ability and produce quality work. Responsible for the identification of "career paths" for, and the ongoing development of, subordinates.
  • Agrees performance objectives & KPIs with direct reports and ensures the same is converted to all units/functions.
  • Ensure Management appraisals are completed annually

Other Requirements:

  • Recognised professional qualifications such as ACA (Chartered Accountant), ICAEW, CPA or equivalent Degree.
  • Minimum 15 years relevant work experience in the Finance and Accounting area. Spent last 5 years in a very senior Finance role within a large corporate with listed company.
  • Article ship from Big Four Audit firm.
  • Must have at least one Listing experience within Saudi Arabia.
  • Knowledge of accounting standards (SOCPA + IFRS), Retail industry, Implementation of financial initiatives, Corporate Finance etc.
  • Strong relationship and communication skills.
  • Superior financial and commercial acumen.
  • Analytical mind and decision-making ability.
  • Strong strategic thinking capability.
  • Strong leadership style that develops trust and respect.

#J-18808-Ljbffr

  • Cfo

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia top taste Full time

    لمجوعة شركات كبرى داخل مدينة الرياض (CFO) مطلوب مدير ماليو سيتم تحديد جميع التفاصيل من خلال مقابلة العملفي حال توفرت الشروطيرجى ارسالها على الايميلشكرا**Job Types**: Full-time, ContractContract length: 12 months**Salary**: ریال1.00...

  • Cfo - Startup

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia EOS Recruitment Full time

    Position:Chief Financial Officer - CFOThe Company:A late-stage funded startup - Asset heavy retail business.Location:Saudi ArabiaPLEASE NOTE THIS IS A SIMPLIFIED JOB DESCRIPTION - A FULL JOB DESCRIPTION IS ONLY AVAILABLE AFTER THE INITIAL SCREENINGTHE CFO MUST HAVE EXPERIENCE FROM A START-UP ENVIRONMENT AS WELL AS STRONG RETAIL EXPERIENCEDThe Role:The Chief...

  • Cfo Investment

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia NBCC Full time

    Position: CFO - HEALTHCAREResponsibilities: Drive the company's financial planning. Perform risk management by analyzing the organization's liabilities and investments. Decide on investment strategies by considering cash and liquidity risks. Control and evaluate the organization's fundraising plans and capital structure. Ensure cash flow is appropriate for...

  • CFO / Head of Finance

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Progress Personnel Full time

    This is an excellent opportunity to join this leading KSA based manufacturing group during a period of change and growth.Reporting directly to the CEO this is an exciting opportunity for an experienced Head of Finance / CFO to provide leadership and direction for the accounting function.Duties will include; Ensure the timely reporting of all financial...

  • Deputy Cfo

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia SAP Full time

    We help the world run better Deputy CFO of Saudi, Kuwait and Bahrain role reports to the Middle East and Africa (MEA) North cluster CFO and support actively all key finance processes and sales operations of the legal entities active in these territories._ Key responsibilities include:_- _Acting as a trusted business partner to the Local Managing Director(s)...

  • cfo

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Michael Page International (UAE) Full time

    We have been made aware of a global phishing campaign where employees from companies are being impersonated. We are confident that no PageGroup system has been breached. Find out how to protect yourself Opportunity to work for a Leading Healthcare BusinessExcellent exposure and good progressionAbout Our ClientOur client, a growing Healthcare Business in...

  • group cfo

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia First Resort Global Recruitment Full time

    Our client is a leading Holding Company with diverse businesses across FMCG, Manufacturing, Industrial, Hospitality and other industries. With a strong reputation and good expansion plans for 2014.We are looking for an experienced finance professional to join as the Group Finance Director/ CFO based in Riyadh, Saudi Arabia.Reporting to:CEOJOB OVERVIEW Set...

  • URGENT (CFO) Chief Financial Advisor

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Networkers International Full time

    URGENT (CFO) Chief Financial AdvisorMy client is looking for a CFO To work in Riyadh ( KSA ) for a large contractor.This would be a fantastic job opportunity for the successful candidate to further their career in the Middle East. Work with the President/CEO on the strategic vision including fostering and cultivating stakeholder relationships on city,...

  • Chief Financial Officer

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia The Scalable CFO Full time

    What we are looking forWe are looking for an experienced Finance Leader for an interim role with our customer in the Medical laboratories field.In preparation for an IPO this established company with love 60 medical laboratories across the kingdom requires leadership and execution in the buildout of a best-in-class, public-company-ready, finance function.You...

  • Cfo - Chief Financial Operation - holding Company

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Rawaj - Human Capital Management Full time

    Our client is a diversified service company in Saudi Arabia that provides a wide range of services across several industries, including construction, facility management, and food and beverage within the customer services industry in Riyadh, Saudi Arabia.Job Context:A CFO will have primary responsibility for planning, implementing, managing, and running all...

  • Cfo

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Esnad Support Services Full time

    General DescriptionThe financial systems are the main source in our company. We are searching for a qualified financial director who have both an immediate and lasting impact on all company operations, helping us to provide financial information.Education requirements AND WORK EXPERIENCE- +10 Years corporate accounting experience Experience in audit and...

  • cfo

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia شركة بروج للتأمين التعاوني Full time

    Job Purpose: Accountable to drive the financial organization through management of planning and execution of all accounting functions in BURUJ's. Ensuring Financial statements and reports are prepared accurately, timely and efficiently according to the applicable statutory accounting standards, BURUJ polices. Drive for efficiency and service excellence...

  • Head of Portfolio Management

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia CCL Global Full time

    Provide monthly/quarterly business performance reviews to CFO/CEOProvide consolidated MTP review by asset / investment / projects.Together with the CFO's of the projects, ensure efficient business performance & MTP reviews with the countriesProvide in-depth cost analysis.Prepare & organize quarterly review meetings per support functions (Finance, HR, Legal &...

  • Senior Finance Manager

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Skill Farm Full time

    You are expected to ensure timely and accurate records of financial data and provide financial management information to the Serco Middle East CFO, the division and Group if required.You are also expected to set budgets and forecasts for the performance of the function and ensure awareness of all issues that may materially impact financial performance and...

  • Chief Financial Officer

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Saudi Geo co Full time

    Chief Financial Officer job description:The Chief Financial Officer (CFO) of a company has primary responsibility for the planning, implementation, managing, and running of all the finance activities of a company, including business planning, budgeting, forecasting, and negotiations.Responsibilities:As part of an executive management team, the CFO will...

  • Finance Controller- KSA

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia IBM Qatar Full time

    IntroductionKnown as the 'knowledge behind the numbers', Financial Analysts are considered to be trusted business advisors, working within IBM's business units and geographies, as well as in a myriad of specialized corporate functions. IBM's finance organization is instrumental in driving innovative improvements to global financial processes while providing...

  • Finance Controller- Ksa

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia IBM Full time

    IntroductionIBMs Go-to-Market Strategy continues to evolve to better service clients and drive value and growth through IBM's partner network. The KSA Finance Controller is a trusted business advisor to the Sales organization, supporting the Country CFO, to drive sales productivity and optimize return on investment. KSA is a growth region and hiring a Saudi...

  • Cfo - Ksa

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Cigna Full time

    Cigna is a global health service company dedicated to helping people improve their health, well-being and peace of mind.Critical Tasks and Expected Contributions / Results:Responsible for delivering the financial strategy as set by the General Manager Cigna Saudi Arabia branch, the Board and other senior stakeholdersRegulatory compliance responsibility and...

  • Chief Financial Officer

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Ignite Search & Selection Full time

    The RoleI am recruiting a Chief Financial Officer for a leading interior design and fit-out construction company in Riyadh. They have been in this business for the last 25 years (in Saudi Arabia) In the role of CFO you will be reporting to the Founder/Owner of the company and your direct reports will be the Senior Finance Manager & the rest of the accounting...

  • Director - Finance Transformation and Control

    2 weeks ago

    Riyadh, Ar Riyāḑ, Saudi Arabia ACWA Power Global Services Ltd Full time

    Description***1.JOB DETAILS:Position Title:Director - Finance Transformation and Control:Reports to:EVP, Enterprise Business Solutions:Function:Finance:Prepared/Revised on:July 2023:Location:Dubai, UAE:2.JOB PURPOSE:To lead the continuous improvement and maintenance of an effective Internal Control over Financial Reporting framework within the ACWA Power...