Cfo Fintech
6 months ago
**Purpose**: The Chief Financial Officer (CFO) is responsible for leading the financial department to ensure compliance with financial regulations, including those set by SAMA, and for effectively managing funds to support the company's investment portfolio. The CFO works closely with banks and investors to secure necessary capital.
**Job Summary / Principal Accountabilities**:
- Oversee all financial transactions, including sales, contracts, commissions, and budgets.
- Conduct in-depth analyses of business trends and financial statements to aid strategic decision-making.
- Develop and monitor budgeting for contract business operations.
- Facilitate grant financial planning and cost analysis.
- Ensure efficient resource utilization by examining financial data.
- Maintain compliance with applicable financial regulations and mitigate financial risks.
- Procure funding from banks, lending institutions, or investors for the company's portfolio.
**Job Functions / Responsibilities**:
- Interpret complex financial data to assess past performance and forecast future outcomes.
- Monitor budget expenditures for grants and contracts, ensuring balanced accounts.
- Analyze budget trends and predict future expenses.
- Create management reports, including sales and billing narratives and statistical analyses.
- Generate sophisticated financial forecasts and analyses for operational review.
- Monitor company expenditures across various departments to prevent budget overruns; address any funding shortfalls proactively.
- Stay current with relevant laws and regulations to ensure departmental compliance.
- Manage the receipt of customer payments and possibly develop payment schedules.
- Supervise budget accounts post-award or contract execution, ensuring adherence to project/company guidelines.
- Collaborate with internal and external stakeholders to align on required procedures; provide guidance on budget matters as a liaison.
- Identify budgetary concerns, offer solutions, and manage issue resolution.
- Approve expenditures throughout the fiscal period.
- Handle payroll documents and transactions, maintaining individual attendance records within the department.
- Utilize various software tools to compile data and generate reports.
**Required experience**:
- At least 12 years experience in Finance and accounting Banking and / or Financing background is a must
- Information Technology background will be an advantage.
- Have experience in raising funds from banks or financing companies is a must
- Experience in BNPL is an added value.
- Strong leadership and team leader
- Financing or accounting background is a must.
- Fluent in English language