Chief Financial Officer

1 day left

Location
Dubai, United Arab Emirates
Salary
Competitive
Posted
21 Mar 2019
Closes
21 Apr 2019
Ref
3898252
Job role
CFO
• University Graduate with professional qualification (CA or equivalent)
• A minimum of 20 years’ experience in Financial reporting, budgeting and managing others
• Provide leadership in the development of financial controls, financial policies, procedures and guidelines, risk assessment and management to ensure that financial risks are identified and addressed Provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations
• Provide leadership in developing and directing the financial reporting, analysis and forecasts to ensure timely and accurate reporting and identification of risks and measurement performance
• Enhance and implement financial and accounting systems, processes, tools and control systems
• Ensure maintenance of appropriate internal controls and financial procedures
• Oversee preparation of month-end, quarter-end and year-end financial statements
• Review all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation
• Ensure submission of statement(s) / returns / report to the regulatory authorities
• Ensure preparation of Monthly Management Performance Report
• Coordinate the development and monitoring of budget on yearly basis in coordination with various divisions/ departments/branches for approval from the Board of Directors
• Ensure preparation of business plan of the company with forecasts
• Ensures proper provisioning of employees “End of Service” benefits
• Ensures yearly submission of actuarial report
• Establish and implement short and long range finance department goals, objectives, policies and financial procedures to ensure company financial position is protected
• Oversee cash flow planning and ensure availability of funds as needed
• Oversee cash, investment, and asset management
• Oversee the accounting department to ensure proper maintenance of all accounting systems and function
• Ensure legal and regulatory compliance regarding all financial functions
• Oversee financing strategies and activities, as well as banking relationships
• Participate in various Committees / meeting(s) as and when required Build and maintain relationships with representative of government authorities / agencies / tax advisors / internal and external auditors / financial institutions etc.
• Present annual departmental budget relating to human resources and expense requirement for onward review and approval by CEO
• Ensure development of Management Information Reports in coordination with IT department Disseminate insurance financial related information as and when required
• Ensure accuracy of statistics for onward submission to government / regulatory authorities/ agencies etc.
• Mentor and develop a direct team, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic