CFO-DXB Job Vacancy in Niche Human Resources Dubai – Latest Jobs in Dubai

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Full Details :
Company Name :
Niche Human Resources
Location : Dubai
Position : CFO-DXB

Job Description : JOB DESCRIPTION FOR CHIEF FINANCIAL OFFICER (CFO)

1. Partnering with Business Units

i. Works in conjunction with the key internal stakeholders, to actively support and advise in respect of financial matters in the achievement of business objectives.

ii. Interaction with shareholder’s/external stakeholders (investors).

iii. Has experience in Mergers and Acquisition.

iv. Drives on all financial and related matters.

v. In conjunction with senior management is responsible for the commercial success of the organization.

vi. Responsible for the effective administration and management of all financial matters as they relate to the organization.

vii. Responsible for overseeing, managing and advising on the financial negotiations in respect of organization:

a. Contractors/consultants;

b. Procurement/Purchases;

c. Sales terms (Customer purchases); and

d. Acts as the “financial custodian” of all projects.

2. Financial Planning and Budgeting

i. Participates in the formulation of the organisation’s respective business strategies and plans.

ii. Assists with the alignment of the organisation’s financial objectives that support achievement of strategic objectives.

iii. Implementation of appropriate action plans to achieve the organisation’s objectives.

iv. Responsible for the formulation of the organisation’s budgets, that support business plans.

3. Financial Reporting and Interpretation of Performance

i. Responsible for the production of timeous, valid, accurate, complete and relevant financial reports, variance analyses and forecasts.

ii. Reports in terms of IFRS.

iii. Implementation of comprehensive systems and processes to support accurate and timeous reporting.

iv. Drives the submission of timely and accurate reports across countries and interprets financial reports and advises on actions to be taken to ensure optimal financial performance.

v. Anticipates potential problem areas and advises on appropriate corrective action.

vi. Provides financial advice and guidance on:
a. Organisation viability and cash flow;

b. “What-if” analyses around projects; and

c. Financial modelling.

4. Aligning Skills / Service Delivery capacity to Business needs

i. Assesses current and anticipated skills / service delivery capacity of the Finance function to ensure that these are aligned to the Organisation.

ii. Manages the skills / capacity requirements by coordinating:

a. Staff selection and recruitment;

b. Development and performance management;

c. Utilization of outsourced temporary staff and contractors; and

d. Builds collaborative teamwork, team motivation, mentorship and coaching within the Finance function to ensure effective staff utilization and the provision of a “seamless” service to all stakeholders.

iii. Manages the “interface” with stakeholder to ensure their needs are met.

5. Internal control systems and Process Improvement

i. Setting up of systems.

ii. Institute / manage and monitor organisation financial internal control systems.

iii. Pro-actively reviews current financial systems and procedures in the light of key stakeholder requirements and changing circumstances. Makes recommendations to improve these.

iv. Pro-actively reviews and improves reporting and data collection formats.

6. Corporate Governance and Risk Management

i. Pro-actively keeps up-to-date with corporate governance and statutory requirements.

ii. Ensures sound implementation of corporate governance principles.

iii. Ensures compliance with established control procedures and authority levels.

iv. Coordinates the submission of statutory and local authority returns.

v. Contribute to the identification of risks to the organisation and the implementation of action plans to mitigate risks.

vi. Participation in organisation risk committee.

7. Capital Expenditure and Cash Flow Management

i. Capital budget that is supported by comprehensive business plans with forecasted cash flows.

ii. Early warning system to highlight under or over expenditure.

iii. Post project implementation reviews.

iv. Monitors and supervises, on a regular (weekly / monthly) basis, the update of the cash flow forecast against actual cash flow movements and known / anticipated changes.

8. Tax Compliance (where applicable)

i. Regular review of tax compliance.

ii. Reviews the VAT reconciliation to ensure that VAT input and VAT output is correctly computed.

iii. Reviews the tax schedules and ensures that all relevant allowances and deductions have been identified and disclosed.

iv. Submission of accurate tax information to Head Office timeously.

v. Provide tax / financial advice to organisation on tax advantages before any contracts are entered

into (where applicable).

9. Systems Management and Maintenance

i. Ensure that the core systems are reliable and available to users at all times.

ii. Ultimately responsible for managing the IS / IT resources of the organisation to avoid system failure and is responsible for ensuring effective maintenance, support and security of the system as a whole.

iii. Pro-actively reviews current IS / IT systems, applications and procedures in the light of key stakeholder requirements and changing circumstances. Taking steps to improve these.

10. Specifications and Tender

i. Specification of exact equipment / project requirements.

ii. Purchase of desired goods and services.

iii. Responsible for specification and tenders.

11. Costing

i. Understanding the costing models as well as analysis of trends and influences to apply best practices.

ii. Implementing and maintaining costing models.

iii. Physical stock control FIFO. iv. Coaching, mentoring, supervising finance controllers and review

PERSON SPECIFICATIONS:
✓ Qualification: Chartered Accountant

✓ Experience: minimum of 10-15 years post qualification of which 5 years should be in senior management position holding financial accounting & monitoring responsibilities. Prior experience of working in Africa will be an added advantage. Candidates from similar business field will be preferred.

✓ IT Literate having good working knowledge of SAP would be preferred.

✓ Prior experience of developing and using financial monitoring and reporting systems.

✓ Able to work effectively in diverse team environment.
Job Information
Industry
Fertilizers/Pesticides
Work Experience
10-15 years
City
Dubai
State/Province
Dubai
Country
United Arab Emirates
Zip/Postal Code
337-1500

This post is listed Under Jobs in Dubai

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