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Chief Financial Officer

10.00 to 0.00 Years   Riyadh, Saudi Arabia   15 Dec, 2020
Job LocationRiyadh, Saudi Arabia
EducationMaster's degree
SalaryNot Mentioned
IndustryFinancial Services
Functional AreaNot Mentioned

Job Description

  • Act as Chief Financial Officer and strategic business partner to senior executive leadership team.
  • Assess and evaluate financial performance of organization regarding 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 Board of Directors, Chiefs, 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.
  • Serve as a key member of executive leadership team and round table discussion panel.
  • Participate in pivotal decisions as they relate to strategic initiatives and operational models.
  • Interact with and bring department into line with Board of Directors? plans, initiatives and recommendations.
  • Implement policies, procedures and processes as deemed appropriate by senior leadership team.
  • 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.
  • 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.
  • Ensure timeliness and accuracy of financial and management reporting data.
  • Oversee the preparation and communication of weekly, monthly and annual financial statements.
  • Oversee the preparation and timely filing of all local, state and federal tax returns.
  • Oversee the close process, constantly reviewing procedures while eliminating inefficiencies.
  • Oversee preparation of monthly, quarterly and annual financial statements.
  • Review all closing activities.
  • Enhance and implement financial and accounting systems, processes, tools and control systems
  • 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.
  • 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.
  • Utilize forward-looking models and activity-based analyses to provide financial insight into the organization?s plans and operating budgets.
  • 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 laws regarding company operations.
  • Mentor and develop a team of senior managers and/or directors, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
  • Supervise Accounts Receivable management and provide guidance relating to the collection process

Keyskills :
Chief Financial Officer

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