Chief Financial Officer

Dubai, United Arab Emirates
Competitive salary
28 Aug 2020
01 Oct 2020
Job role
The Company
Robert Half is working on an exclusive basis with a leading F&B business based in Dubai. My client is looking to recruit a Chief Financial Officer to manage their UAE operation and future expansion across the GCC.

The CFO supervises the finance unit and directly assists the Chief Executive Officer (CEO) on strategic and tactical matters as they relate to budget management, accounts and financial reporting, cost benefit analysis, forecasting needs and financial processes and systems.

Key Responsibilities
  • Manage the accounting department to ensure implementation of proper processes, accounting systems and functions.
  • Maintain appropriate internal controls and financial procedures.
  • Ensure timeliness, accuracy, and usefulness of financial reporting.
  • Coordinate audits and proper filing of tax returns.
  • Ensure legal and regulatory compliance regarding all financial functions.
  • Preparation of month-end, quarter-end and year-end financial statements
  • Manage all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation.
  • Enhance and implement financial and accounting systems, processes, tools and control systems
  • Serve as final point of escalation for Accounts Receivable/Accounts Payable issues
  • Develop and manage accounting staff
  • Serve as a key point of contact for external auditors; manage preparation and support of all external audits
  • Oversee weekly cash management.
  • Oversee AP/AR management and provide support to collections activities
  • Cash flow planning and ensuring availability of funds as needed.
  • Assess organizational performance against both the annual budget and company's 5 year forecast and report on insights and recommendations for improvement.
  • Develop tools and systems to provide critical financial and operational information and make actionable recommendations on both strategy and operations.
  • Establish yearly objectives and oversee budgetary planning and costs management in alignment with company objectives.
  • Prepare and maintain regular financial planning reports; Monthly profit and loss forecast (vs. budget)
  • Complete analysis of financial results; develop recommendations (strategic and tactical).
  • Develop and execute analysis of various business related analysis (e.g., opening new outlets).
  • Develop and maintain capital expenditure budget.
  • Develop financial planning and analysis exercises/reports.
  • Oversee financing strategies and activities, as well as banking relationships.
  • Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization's operations and business plans.

The Candidate
  • A minimum of a CA; a CPA and/or MBA would be a plus.
  • At least five years hands-on experience as CFO or equivalent.
  • Experience in having put in place financial processes, improved reporting and implemented systems
  • Experience working with information technology staff to manage finance and accounting software packages.
  • Excellent written and oral communication skills.
  • Demonstrated leadership ability, team management, and interpersonal skills.
  • Excellent analytical and abstract reasoning skills, plus excellent organization skills.
  • Experience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management strategies.

Salary and Benefits
Market Rate