Head of Finance
2 days ago
**The Company**:
**A leading logistics provider in the UAE and has recently expanded to KSA
**The Role**:
The Head of Finance will report to the CEO and will be based in KSA, with travels to UAE.
**Major Responsibilities**:
- Drive the financial planning of the company by regularly analyzing its performance and risks with appropriately defined KPIs
- Retain constant awareness of the company’s financial position and act to prevent problems (defaulting clients/bad debt)
- Allocate resources and manage cash flows, and ensure it has the appropriate treasury controls
- Prepare timely and detailed reports on financial performance and results on a quarterly and annual basis to be presented to the Board
- Develop budgets that meet the requirements of company departments
- Prepare monthly /quarterly / annual forecasts (P&L, BS and CF)
- Conduct profit and cost analyses for existing and new projects to be implemented
- Evaluate and decide on investments
- Supervise the financial and accounting team
- Oversee the annual audit with the group’s external auditors and ensure all accounting activities and internal audits comply with financial regulations
- Conduct risk management, develop secure process and procedures to maintain information collected and stored accurately and confidentially
- Manage the tax and legal matters of the company
- Oversee the financial IT systems
- Develop the corporate funding strategy and manage relationships with partners, banks, and investors to optimize financing of the company’s operations and capex
- Prepare board meetings and investment decks
- Provide the CEO with financial insights to make business decisions and support him in developing the long-term strategy with an operating and business plan
- Nurture existing banking relationships, manage the company’s borrowing arrangements (covenants, interest rate, hedging arrangements, etc.) and build new banking partnerships
**Qualifications & Desired Skills**:
- Proven work experience as a Head of Finance, Director of Finance or similar role (10 years+ work experience in finance required)
- In-depth understanding of cash flow management, bank reconciliation and bookkeeping
- Hands-on experience with budgeting and risk management
- Excellent knowledge of data analysis and forecasting models
- Proficiency in accounting software
- Solid analytical and decision-making skills
- Communication and negotiation skills; organizational, strategic and leadership abilities
- BSc/BA in Accounting, Finance or relevant field
- MSc/MBA or relevant certification (e.g. CFA/CPA) is a plus
- Fluent in English and Arabic
- Experience in supply chain / logistics and investment background are appreciated
- Preferably already based in KSA
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