• Oversee the preparation and communication of weekly, monthly, and annual financial statements. Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies
• Review and ensure application of appropriate internal controls, compliance, and financial procedures, oversee, and implement the financial control framework, policies and procedures and ensure the Finance Department is in full compliance
• Remain current on audit best practices as well as all laws regarding our clients\xe2\x80\x99 operations
• Manage the overall cost base of the group, with particular focus on identifying opportunities for intra-group synergies across different functions that can result in meaningful improvement to the bottom line of the group
• Develop, implement, and monitor the overall financial strategy of the organization
• Collaborate with the executive team to align financial goals with the overall business strategy
• Provide strategic financial input and leadership on decision-making issues affecting the organization
• Ensure timely and accurate financial reporting to stakeholders, including the board of directors, investors, and regulatory bodies. Ensure timeliness and accuracy of financial and management reporting data for funder, investors, and our clients Board of Directors
• Monitor financial performance against budget and forecasts, analysing variances and implementing corrective actions as needed
• Identify and assess financial risks and implement risk management strategies
• Develop and maintain a comprehensive risk management framework for the organization
• Manage the organization\'s cash flow, ensuring adequate liquidity for operational needs.
• Optimize the capital structure and manage relationships with banks and financial institutions
• Evaluate potential mergers, acquisitions, and other strategic partnerships from a financial perspective
• Ensure compliance with all relevant financial regulations and tax laws
• Develop and implement tax strategies to optimize the organization\'s tax position
• Conduct financial modeling and analysis to support strategic initiatives, investment decisions, and business planning
• Lead and manage the finance team, providing guidance and support
• Foster a culture of continuous improvement and professional development within the finance function
• Build and maintain strong relationships with external stakeholders, including investors, auditors, and regulatory bodies
• Act as a key point of contact for financial matters within the organization
• Present financial reports and updates to the board of directors, providing insights and recommendations. Review and analyze monthly financial results and provide recommendations
• Utilize forward-looking models and activity-based analyses to provide financial insight into the plans and operating budgets
• Assess and evaluate the financial performance of our client regarding long-term operational goals, budgets, and forecasts
• Reinforce and drive a culture of transparency
• Guide, mentor, recruit and develop the finance departments of Group companies
• Serve as a key point of contact for external auditors; manage preparation and support of all external and internal audits
• Maintain outstanding banking relationships and strategic alliances with investors and business partners
• Intervene with a view to resolving intricate and complex intra-group financial issues, disputes, and matters
• Supervise the accounting function to ensure the proper functioning of all systems, databases, and financial software. Provide regular maintenance and backup of all accounting systems and supervise the financial staff (if any)

Criteria:

• 5 years\xe2\x80\x99 experience as a Group Finance Director
• 15 years\xe2\x80\x99 experience in a financial role
• Must have a CPA, CA, or CFA, an MBA would be an advantage
• In-depth knowledge of corporate finance and accounting principles, laws, and best practices in the region, including review of financial statements and consolidated FS
• 5 years in Big4 experience as external auditor is essential
• Solid knowledge of financial analysis and forecasting
• Proficient in the use of MS Office and financial management software
• Strong negotiation skills for dealing with external stakeholders, such as banks, investors, and regulatory bodies
• Proficiency in identifying and managing financial risks
• Knowledge and experience in M&A transactions, including due diligence, valuation, and deal structuring
• In-depth knowledge of tax laws and regulations in the UAE
• Understanding of international finance, including currency issues, global markets, and regulatory considerations for multinational organizations
• Proven leadership skills with the ability to lead and manage a finance team
• Strategic mindset and big team coordination skills. Coordinate and strategize methods used to attain team goals
• Must be fluent in English (written and spoken), Arabic or a European language would be an added advantage but not essential however a high standard of English is essential
• Excellent written and verbal communication skills and interpersonal abilities
• Sound judgment and decision-making skills, particularly in high-pressure situations
• High ethical standards and integrity in financial decision-making and reporting
• This role requires the candidate to reside in RAK so you must be willing to relocate if you live in a different emirate
• Must currently reside in the GCC

Please respect the criteria requirements and only apply if you meet these as you will not be considered if you do not. We thank you for your application, however due to the high volume of candidate applications, we only accept online applications in the first instance. Shortlisted candidates will be contacted, however if you are not successful on this occasion, your CV will be stored on our database but to make sure you do not miss out keep checking our website, follow us on Twitter and follow our Sapphire Recruitment LinkedIn page.

Sapphire Recruitment Consultants