Chief Financial Officer

Location
Dubai, United Arab Emirates
Salary
Competitive salary
Posted
30 May 2019
Closes
26 Jun 2019
Ref
5d11f5e6e4b00242e074d457
Job role
Accountant
Job Purpose-

The chief financial officer position is accountable for the administrative, financial, and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control
systems designed to preserve company assets and report accurate financial results.

Key Accountabilities:

Planning:-

Assist in formulating the company's future direction and supporting tactical initiatives.

Monitor and direct the implementation of strategic
business plans.

Develop financial and tax strategies.

Manage the capital request and budgeting
processes.

Develop performance measures that support the
company's strategic direction.

Operations:-

Participate in key decisions as a member of the
executive management team.

Maintain in-depth relations with all members of the
management team.

Oversee the company's transaction
processing systems.

Implement operational best practices.

Financial Information:-

Report monthly, quarterly and annually on
performance against budget.

Responsible for cost control measures and internal
controls to ensure that company resources are managed properly, and assets are
safeguarded.

Oversee timely and accurate preparation of monthly, quarterly and annual financial statements on a standalone basis.

Ensure financial statements are prepared
in accordance with Generally Accepted Accounting Principles.

Plan, coordinate and implement annual
operating budget process in collaboration with other department managers.

Manage the financial aspects of
development projects to ensure efficient and effective processes. As needed, upgrade and/or implement appropriate systems and policies, internal controls and standard financial operating procedures.

Risk Management:-

Understand and mitigate key elements of
the company's risk profile.

Monitor all open legal issues involving
the company, and legal issues affecting the industry.

Construct and monitor reliable control
systems.

Maintain appropriate insurance coverage.

Ensure that the company complies with all
legal and regulatory requirements.

Strong ability to recognize and
communicate transaction risks and mitigants.

Ensure that record keeping meets the
requirements of auditors
and government agencies.

Report risk issues to the audit committee
of the board of directors.

Maintain relations with external auditors
and investigate their findings and recommendations.

Funding:-

Monitor cash balances and cash
forecasts.

Arrange for debt and equity
financing.

Advise on project finance financial modeling,
presentations, and drafting underwriting/investment memorandum and credit
documentation, reviewing contracts and project materials, and bank operational
processes.

Strong ability to recognize and communicate
transaction risks and mitigants.

Effectively and tactfully communicate
with customers, officers and other bank personnel.

Maintain banking relationships.

Serve as Company liaison to banking and
financial institutions as appropriate.

Represent the company with investment
bankers and investors.