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Chief Finance Officer MENA

1 month ago

Riyadh, Ar Riyāḑ, Saudi Arabia State Street Full time

Level of Education/ Qualifications:

  • Bachelor degree in Accounting or Finance.
  • Must have passed the CMA examinations CME 1 Parts 1 and 2.
  • Arabic and English language are necessary.

Professional organisation membership / certification:

  • Must have passed the CMA examinations CME 1 Parts 1 and 2.

Skills and Experience:

  • Previous CFO experience in Saudi Arabia required.
  • Experience in leading a finance function.
  • Extensive experience within Financial Services.
  • Experience of asset management and custody servicing preferred.
  • Strong Accounting and Finance background having worked in relevant Financial Services institutions.
  • Track record of delivering results of quality in a timely fashion and able to drive execution.
  • Must be capable of developing and managing relationships across the company focused on international locations with a wide variety of partners based on trust, teamwork and knowledge.
  • Experience working in a matrixed organization across multiple geographies.
  • Exposure to working with teams in offshored locations.
  • Project Management skills in terms of overseeing and implementing new systems and processes.
  • Strong, decisive, results-oriented individual with leadership capabilities.
  • High level of interpersonal skills and integrity.
  • Excellent communication and presentation skills.
  • Able to build relationships with key stakeholders, across the organization (cross function and cross region).
  • Change Management skills – able to adapt and deliver in a constantly changing environment.
  • Thrives working in a fast-paced, challenging international environment with multiple and competing priorities.

Responsibilities:

  • Provide leadership, direction and general oversight for all financial matters relating to the MENA offices (Saudi Arabia, UAE & Oman).
  • Oversee the Finance process for the legal entities under remit.
  • Oversee preparation of Financial Reports and Accounts for all legal entities and liaison with External Auditors.
  • Oversee any changes required to Accounting Policies and Processes from changes in relevant Accounting Standards - support from dedicated Accounting Policy team.
  • Oversee Regulatory matters including those relating to capital holding requirements and any others as required by the local regulator.
  • Financial and Management reporting, including ensuring that appropriate management information is produced and reviewed at appropriate intervals.
  • Finance support to business plans, general strategy, NBPRA activity, new products and other ad hoc projects.
  • Oversee Tax accounting in conjunction with dedicated Tax team.
  • Oversee support provided by Finance Shared Service Centre functions in Offshore locations (Poland & India), and oversight of any outsourced finance services.
  • Represent the function in the relevant regional committees and ensure appropriate, timely and relevant information is provided so that the committees can discharge their responsibilities effectively.
  • Support a culture of effective challenge to ensure efficiency of operational processes.
  • Maintain the highest standards of conduct and integrity within the business and ensure compliance with industry practice, company policies, statute and regulatory requirements in all matters.
  • Develop and maintain relationships with key internal stakeholders including other business lines and corporate functions and external stakeholders such as clients, industry bodies and regulators.
  • Ensure that the businesses operate in compliance with internal and external regulations.

End Date: March 31, 2025

For further information, and to apply, please visit our website via the "Apply" button below.

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