Chief Financial Officer

Recruiter
Career Hunters
Location
Al Kuwait, Kuwait
Salary
Competitive salary
Posted
16 Oct 2019
Closes
15 Nov 2019
Ref
4096066
Job role
Accountant
Reporting to: CEO

Job Purpose:

· To be responsible for providing leadership and strategic direction to the organization’s finance and accounting function, and developing and deploying the financial strategy of the company; for managing all financial aspects of company and supporting strategic development and execution; and for the integrity and flow of the financial information to the management, the board, shareholders and financial institutions.

· To ensure that the organization carries out yearly financial assessment and audits, conducts evaluation of new ventures, and uses financial instruments appropriately to manage costly exposures to risk.

· To uphold the company’s ethics, operating policies and conform with the department work instructions.

Job Description:

· Provides strategic direction and insights to the organization in order to control costs, and objective and analytical insights on financial impact and soundness of business decisions to the top management.

· Develops organizational strategies by contributing financial and accounting information, analysis, recommendations and establishing functional objectives in line with organizational priorities.

· Guides the financial and business elements of international expansion in a global growth scenario.

· Leads and manages the execution of any major financing transactions including commercial due diligence of any proposed acquisitions, mergers and disposal.

· Provides leadership to the treasury / financial control / finance department in order to build and retain a world class team.

· Ensures that all corporate finance requirements and obligations are met including capital requirements, debt, taxation and equity.

· Manages and develops excellent relationships with external advisors including corporate and investment banking, advisors, auditors and rating agencies.

· Formulates financial targets and budgets which are consistent with market opportunity and in accordance with the strategy determined by the board.

· Ensures that company budget and other reporting requirements are met and delivered in a timely manner.

· Ensures all regulatory requirements of all statutory bodies are met regarding the company’s financial affairs.

· Manages communications programs with institutions and analysts using the company’s strengths to maximum effect.

· Sets up financial procedures, through which the organization ensures appropriate credit control, superior liquidity management and optimal short-term investment and borrowing decisions

· Manages the capital structure of the company, overall funding requirements, and cash operations through the treasury operations.

· Overall management and control of the company’s accounting and finance functions to ensure that suitable and relevant controls, financial processes and methodologies are in place and they are effectively utilized and adhered.

· Provides thought leadership to company.

· Provides the CEO and the board with timely advice, including suitable corrective action, regarding all financial aspects of the business and its trading.

· Reviews and upgrades company’s financial systems and procedure to meet best international standards as well as procedures required by a publicly quoted company.

· Works with the finance team to manage and deliver timely completion of audit in accordance with company requirements

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