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Group Cfo

3 weeks ago

Hofuf, Saudi Arabia Executives Plus Full time

Position ID: 201666

**Location**

Khobar, Saudi Arabia

**Years of Experience**

15 - 20

**Visa Requirement**

Transferable iqama only

**Gender**

Male

**Age Range**

45 - 55

**Nationality**

Any

**Background**

Manufacturing - Public Listed Companies - Group Level - Packaging

**Language**

Arabic / English

**Education Level**

Masters Degree
- Job Description
- Group CFO
- Purpose of Position:

- The primary purpose of this role is to lead and direct the financial responsibilities.
- The Group CFO has responsibility for managing financial sustainability, driving financial performance & maximizing return on investment. The role will provide strategic financial advice to the Board of Directors and will play a pivotal role in formulating future financial strategies.- **Primary Responsibilities**:

- To be responsible for providing financial leadership, advice and support to the Group.
- As a key member of the Senior Management challenge and drive business performance.
- Taking a lead role in developing, implementing, analyzing, maintaining and presenting strategic business and financial plans, forecasts, budgets and funding requirements.
- Driving innovation in the finance function to improve financial and management reporting.
- Ensuring financial information is timely, accurate, complete and compliant with relevant accounting, taxation principles and regulatory requirements.
- Provide financial advice, leadership and direction to the organization.
- To provide accurate, timely and relevant financial information and plans which assist senior management of the Group in achieving strategic objectives.
- Lead and manage the financial and management accounting teams, setting KPIs; and evaluating individual and team performance against those KPIs.
- Act as a supervisor to Finance Managers in understanding their financial responsibilities.
- Responsible for evaluation of Group’s performance and take a lead role in driving change and improvement.
- Responsible to ensure that the finance function have reliable financial reporting systems capable of generating reports that satisfies stakeholder’s requirements.
- Responsible for developing and implementing Group’s financial policies and procedures.
- Responsible for developing and implementing Group’s treasury and banking policies and procedures.
- Develop and maintain a high standard for the following reporting requirements at Group level.
- Responsible to ensure that the organization’s financial affairs and assets are well managed, costs are controlled effectively, and resources are efficiently utilized to achieve strategic objectives.

**Desired Skills**:

- Strong financial, accounting and managerial skills.
- Strong ability to implement and monitor internal controls.
- Creative reporting capability.
- Team manager and player.
- Good communicator, planner and organizer.
- Effective project management skills.
- Strategic finance and tax planning.
- MS Office
- Bachelor’s degree in accounting.
- Accounting qualification CA, ACCA, CPA, CMA.
- At least 15 years’ experience in total. Minimum 5 years in a CFO/ Director level position.
- Should have working experience within holding companies with diversified portfolio of subsidiaries