Chief Financial Officer

Strategy, Planning and Management

·Act as Chief Financial Officer and strategic business partner to senior executive leadership team.

·Assess and evaluate financial performance of organization with regard to short and long-term operational goals, budgets and forecasts.

·Provide insight and recommendations to both short-term and long-term growth plan of organization.

·Identify, acquire and implement systems and software to provide critical financial and operational information.

·Evaluate departments and make suggestions for automating processes and increasing working efficiency.

·Communicate, engage and interact with the CEO and Executive Leadership Team.

·Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.

·Select and engage consultants, auditors and investors.

·Recruit, interview and hire finance, accounting and payroll staff as required.

·Serve as a key member of executive leadership team and round table discussion panel.

·Participate in decisions as they relate to strategic initiatives and operational models.

·Interact and bring Company into line with Board of Directors’ plans, initiatives and recommendations.

·Implement policies, procedures and processes as deemed appropriate by senior leadership team.

Financial Analysis, Budgeting and Forecasting

·Prepare and present monthly financial reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.

·Review and analyze monthly financial results and provide recommendations.

·Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.

·Develop and maintain monthly operating budget and annual company operating budget.

·Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.

·Participate in developing the relation with Lenders, Vendors and Executive Leadership Team.

Accounting, General Ledger, Administration and Operations

·Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software.

·Provide regular maintenance and backup of all accounting systems and supervise company financial staff.

·Review and ensure application of appropriate internal controls, compliance and financial procedures.

·Ensure timeliness and accuracy of financial and management reporting data for CEO, shareholders and company’s board of directors.

·Putting all procedures for the preparation and communication of weekly, monthly and annual financial statements.

·Oversee the preparation and timely filing of zakat and VAT returns.

·Work with Human Resources to ensure appropriate legal compliance.

·Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.

·Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.

·Enhance and implement financial and accounting systems, processes, tools and control systems

·Hire, develop and manage accounting directors, managers and staff

·Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.

·Coordinate and strategize methods used to attain team goals with Chief Accounting Officers and staff.

Financial Management

·Manage cash flow planning process and ensure funds availability.

·Oversee cash, investments and asset management area.

·Explore new investment opportunities and provide recommendations on potential returns and risks.

·Maintain outstanding banking relationships and strategic alliances with vendors and business partners.

Financial Relations and Policies

·Engage finance committee and/or board of directors to develop short term and long term plans, projections and budgets.

·Represent company to banks, financial partners, institutions, investors, public auditors and officials.

·Remain current on audit best practices as well as state, federal and local laws regarding company operations.

Finance and Accounting Team Management

·Mentor and develop the team of senior managers and/or directors, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.

·Guide larger, cross-divisional teams outside of direct span of control within the three main company divisions.

Cash Management

·Oversee cash management and AP Department and approve payables payments.

·Supervise Accounts Receivable management and provide guidance relating to the reconciliation and collection processes.