drjobs Chief Financial Officer - The 1 Percent العربية

Chief Financial Officer - The 1 Percent

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Job Location drjobs

Manama - Bahrain

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

The CFO will be responsible for overseeing the financial operations of the company guiding its financial strategy planning and maintaining its fiscal stability. They will collaborate with the executive management team to establish longrange goals strategies plans and policies. The duties include tracking cash flow and financial planning as well as analyzing the companys financial strengths and weaknesses and proposing corrective actions.

Responsibilities:

  • Provide leadership direction and management of the finance and accounting team and drive the companys financial planning.
  • Provide strategic recommendations to the GM and members of the executive management team.
  • Manage the processes for financial forecasting and budgets and oversee the preparation of all financial reporting.
  • Manage the companys financial operations including budgeting forecasting and auditing. Ensure that the financial transactions policies and procedures meet the organizations short and longterm business objectives and are conducted in accordance with regulations accounting principles and standards.
  • Develop and implement the financial strategy of the company. This includes longterm financial planning and forecasting risk management and investment strategies.
  • Decide on investment and lending strategies by considering cash and liquidity risks.
  • Control and evaluate the organizations lending plans and capital structure.
  • Ensure cash flow and gearing ratio is appropriate for the organizations operations andregulatory requirements.
  • Provide commercial insight and leadership across the business in order to exceed business plantargets and prepare reliable current and forecasting reports.
  • Oversee the preparation and communication of monthly quarterly and annual financial statements. Ensure the timely reporting of key financial data and updates to the GM Board of Directors and other key stakeholders.
  • Set up and oversee the companys finance IT system.
  • Ensure legal and regulatory compliance regarding all financial functions. This includes VAT/taxplanning and compliance with local and regional (if applicable) VAT/tax regulations.
  • Ensure the risk and compliance management framework is embedded and operational for the Company as well as perform risk management activities by analyzing the organizations liabilitiesand investments.
  • Ensure compliance with regulatory requirements and company policies.
  • Establish and develop relations with senior management and external partners andstakeholders.
  • Supervise all finance personnel (controllers account managers treasurers etc.).
  • Review all formal finance HR and IT related procedures.

REQUIREMENTS

  • Bachelors degree in accounting finance or related field (MSc/MBA preferred).
  • Professional qualification such as CPA CFA or ACCA.
  • Extensive experience in senior financial managerial roles with a proven track record of success.
  • Indepth knowledge of corporate financial law and risk management practices.
  • Exceptional knowledge of data analysis risk management and forecasting methods.
  • Proficient in the use of MS Office and financial management software (e.g. SAP).
  • Ability to strategize and solve problems.
  • Strong leadership and organizational skills.
  • Excellent communication and people skills.
  • An analytical mind comfortable with numbers.
  • Strong ethical standards and prominent levels of integrity.

Job Type: Fulltime

Experience:

  • Financial Management: 10 years (Required)

Location:

  • Manama (Preferred)
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Employment Type

Full Time

Company Industry

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