Chief Finance Officer (CFO)

Location Dubai
Job type: Permanent
Salary: AED40000 to AED45000
Contact name: Mylene Manalo

Contact email:
Job ref: 32527
Published: about 1 month ago

The Chief Financial Officer (CFO) holds the day-to-day responsibility for driving the successful financial planning, forecasting and management of all Group businesses entities. Reporting directly to the Board of Directors, the CFO has line management responsibility for the Finance Team(s) that sit across the business’ entities within the Group’s growing portfolio, filtering and escalating information to the Board as relevant and taking direct action, where needed, to ensure continued successful financial operations and growth across the Group. The CFO provides corporate financial strategy and contributes to growth initiatives. They also take a lead role in the mergers and acquisitions process, working closely with the Board. The CFO is a significant contributor to Executive Team. An experienced and analytical leader with a balanced, flexible approach and a committed growth mindset.

Key Responsibilities

  • Oversee all day-to-day financial operations and activities of the group, taking action where required to ensure continued success and that all finance teams are executing the requirements of the business as set by the Board while operating best practice procedures.

  • Report to the Board of directors regularly to keep them informed regarding performance, risks and risk management strategies, new solutions and opportunities.

  • Drive the financial planning of the group with accurate forecasting, investment strategies and oversight of capital.

  • Provide strategic insights and support the Board throughout the continued growth of the Group

  • Provide guidance in the mergers and acquisitions process to identify synergies, assess risk vs ROI and ultimately agree the transaction plan and integration strategy between the entities.

  • Lead the Finance Team, provide guidance and mentorship to drive maximum performance and ensure a consistent approach to running each division as the Group grows.

  • Develop and maintain consistent reporting tools to monitor the ongoing performance of the company.

  • Implement a clear strategy for balancing vendor relations and cash flow

  • Oversee the local and international taxation liabilities and issues and guide the Group to the most efficient, compliant solutions.

  • Oversee and work closely with external legal teams to efficiently establish new entities and ensure the overall Group structure is the optimal solution.

  • Implement and oversee the Group’s finance IT platform/system ensuring it is fit for purpose and accurately maintained

  • Ensure all legal and regulatory financial documents are filed and monitor compliance with laws and regulations.

  • Protect and strengthen the reputation of the business with exemplary business practices and strong leadership of the Finance Team

  • Work closely with the Board to set profitability targets and monitor costs

Required skills and attributes

  • A clear and consistent communicator

  • A balanced and analytical thinker

  • An agile problem solver who thrives in a fast-paced environment

  • Understands how to engage creative leaders in the financial process and convey challenges

  • and opportunities effectively

  • Excited by fast-paced growth, diversification, and innovation

Required experience

  • An experienced executive with a strong track record of strategic leadership and financial management in a comparable organisation.

  • Qualified (ACA, ACCA or CIMA or equivalent) with at least 10 years’ relevant work experience, at least 3 years at CFO level

  • GCC experience with at least 5 years’ relevant work experience in region with current working knowledge of the region from a regulatory perspective

  • Experience in leading rapidly growing organisations, ideally founder-led

  • Demonstrable experience in playing an instrumental role in successful mergers and

  • acquisitions

  • Experience of working within a start-up incubator environment is desirable but not essential