Chief Financial Officer

Overview

The Chief Financial Officer (CFO) is a senior executive responsible for managing the financial actions of a company, overseeing financial planning, risk management, and ensuring the accuracy of financial reporting. Main Duties & Responsibilities

Develop systems and procedures to ensure the efficient and effective management of the company’s finances and compliance with statutory requirements. Direct and control Finance staff to ensure that they are appropriately motivated and trained and carry out their responsibilities to the required standards. Produce accurate and timely financial information about the company’s financial status and performance to enable decisions to be taken relating to the company’s financial strength and security. Produce all necessary statements and reports to enable the accurate measurement of cash flow, profit and loss, assets & liabilities. Develop and monitor all necessary controls to ensure that the company complies with statutory requirements. Act as the main point of contact with external auditors and provide them with all required information. Act as the main point of contact with General Authority Zakat & Tax and provide them with all required information. Ensure timely submission of relevant periodic VAT & Zakat returns Carry out any necessary internal audit reviews and monitor the financial effectiveness of systems and controls. Recommend any changes necessary to improve the company’s financial performance and financial controls. Keep up to date with any developments in financial management which might affect how the company’s finances are managed or its statutory obligations. Managing the financial forecasting and budgeting process Manage all accounting operations including Billing, A / R, A / P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition Support month-end and year-end close process Ensure quality control over financial transactions and financial reporting. Coordinating and directing the preparation of the budget and financial forecasts and report variances Preparing and publishing timely monthly financial statements. High-level financial reporting and analysis Cash flow management. Pricing and costing for projects and bid proposals. Provide support to relevant departments within the organisation including Human Resources, Bid Management and Business Development with issues relating to finances. Capital Financing - including Government Grants and Private Banking. Job Requirements

Proven working experience as a CFO, Financial Controller and / or Finance Manager 15 - 20 years of overall combined accounting and finance experience Degree in Accounting and Finance Chartered Accountancy Membership / Professional qualifications - CMA / CPA / ACCA / ICAEW Thorough knowledge of accounting principles and procedures Soft Skills : Strong communication, problem-solving, analytical thinking, and time management skills Experience with financial statements Experience with general ledger functions and the month-end / year end close process Familiarity with modern ERP systems such as ODOO, SAP, Oracle, or Microsoft Dynamics Experience in raising capital through private banks loan facilities and / or government grants. Experience in organisation cash-flow management Language Requirement : Proficiency in Arabic and English (written and spoken) Seniority level

Executive Employment type

Full-time Job function

Finance and Accounting / Auditing Industries

Defense and Space Manufacturing

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