One of the most reputed conglomerates in the Middle East is seeking Top Notch Senior Professional at Group Level. The group is highly reputed because of its integrity and commitment to the highest standards to meet the expectations of all stake holders. It has established short and long term strategies to manage its operations, acquiring extensive in indentifying the most promising opportunities. The company is continually seeking new expansion opportunities.
The Group operates with large number of affiliated companies engaged in diversified business activities.
The Company’s diversified activities have grown by adopting appropriate strategies, whilst maintaining well-balanced resources.
Its major activities focus on policy setting and creating strategic plans for all its affiliated companies, motivating them to achieve greater success.
Location: Middle East
Senior Finance Professional - Middle East
Mandatory Requirements: Significant relevant experience 15 years and above, with in-depth exposure to strategic balance sheet management. A track record of success in leading finance function preferably, of a family conglomerate.
Position Objective: Responsible for the management of the Treasury/ Financial Planning/ Risk Management/ Controllership/ Technology together with strong knowledge of Legal and Commercial laws/ practices. Promote financial stewardship and accountability within the companies. Furthermore, the candidate should demonstrate a proven ability to drive financial excellence, which develops Group strategy and evaluates investment decisions.
Key Responsibilities & Accountabilities
Strategic Development & Control: Develop Financial strategy to support the group vision. Monitoring companies developments and performance. Solve all complexities in the group structure and investment issues with subsidiaries. Develop and improve systems controls in operations and corporate finance activities.
Financial Reporting: Coordinate preparation of group financial statement. Consolidate the financials across the group, and create management dashboards and periodic reports. Approve the release of all external reporting and ensure compliance with accounting principles and regulatory obligations.
Structure Corporate Capital & Funding Sourcing: Develop group financial plans according to opportunities. Monitor cost of funds and optimal capital structure determine the appropriate capital structure and sources maintain relationships with banks. Work closely with the risk management policies, processes and procedures and monitor KPI’s. Establish and maintain stable cash flow, Management Policies of Budget and cost controls. Question budget figures and validate according to business plan.
People Management: Conduct periodic meetings with subordinate to follow up smooth running of activities and keeps abreast with latest findings and resolves problems where are they may occur. Provides due motivation and feedback to the direct reports and ensure they are committed to taking their respective departments to the high levels of success Build organizational culture and develop staff.
Individual Characteristics: Preferably, Educated to Masters Level, with an MBA in addition to being either Engineer, CA, ICWA or CPA qualified experience of working with family owned conglomerate within a multi-cultural environment is essential, while being skilled, commercially acute, culturally sensitive and diplomatic communicator. Extensive corporate finance experience and expertise, including experience raising debt & equity financing and managing risk. Strong financial reporting and communication skills for providing financial updates, coupled with analytical skills for judging current and expected performance. This individual must showcase the trait of being a resourceful, innovative creative thinker and an effective decision maker.
Position requires a mature individual with character, verifiable integrity and commitment. Candidates should have high-energy, impact, adaptability, people insight, confidence and ambition. A firm but tactful style based on developed interpersonal and communication skills.
The successful candidate can expect a long term developing career. The position will provide an international-standard competitive compensation package designed to attract the right candidate for this critical role.
Please apply within 7 days to