Chief Financial Officer

Job Summary

The Chief Financial Officer is responsible for the effective and efficient management of the organization finances and provides financial advice and support to help senior executives make key decisions. The position's primary responsibility includes supervising the financial, accounting, audit and fiscal aspects of the operations of the organization and the coordination of the supporting information systems and financial controls.

Job Responsibilities 1

Oversee and adhere to budgets for each business department, ensuring financial practices comply with regulations.

Develop and evaluate financial controls and supporting information systems, minimizing financial risk and ensuring timely and valuable advice.

Review and present official financial reports, contract auditing services, and recommend improvements for financial information integrity.

Assist in company-wide budgetary planning and analyze financial climate and market trends to aid in strategic planning.

Participate in the formulation of strategic and long-term business plans and seek methods to minimize financial risk.

Supervise financial assistants and other employees, including tracking financial data, invoicing, and payroll.

Establish and implement training programs for new and current employees to develop competencies and ensure effective internal controls.

Update and implement financial policies and procedures within the cluster and maintain relationships with service providers and contractors, including banking institutions and accountants.

Job Responsibilities 2

Additional Responsibilities 3

Job Knowledge & Skills

Comprehensive knowledge of financial management principles, accounting standards, and regulatory requirements to effectively oversee the organization's financial activities.

Strong analytical skills are essential for interpreting financial data, conducting financial analysis, and providing insights to support strategic decision-making and performance evaluation.

Excellent leadership and communication skills are necessary for leading the finance team, collaborating with other departments, and communicating financial information to stakeholders, including investors, board members, and senior management.

Experience in financial planning, budgeting, and forecasting is crucial for developing strategic financial plans, setting targets, and ensuring financial stability and growth.

Knowledge of risk management practices and the ability to assess and mitigate financial risks are vital for safeguarding the organization's assets and optimizing its financial performance.

ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.

Job Experience

Minimum 15 year(s) working experience, 10 year(s) in a relevant management/leadership position, 5 year (s) GCC is a plus

Competencies

Education