Chief Financial Officer

Peergrowth Consultancy Co.; Dubai; On-site; AED 300,000 - 400,000; Full time

Job summary

A leading consultancy firm in the UAE is seeking a Chief Financial Officer (CFO) to oversee the financial operations of its retail business. This role requires strategic leadership and extensive experience in financial management within the retail sector. The CFO will manage budgeting, risk, and compliance while leading the finance team to ensure the company's continued growth and profitability. Candidates must have a CA qualification and significant experience in financial management in the UAE retail industry.

Qualifications

• Minimum 12-15 years of progressive financial management experience.
• At least 5 years in a senior leadership role within the retail industry in the UAE.
• In-depth understanding of retail sector trends and challenges.

Responsibilities

• Develop and implement financial strategies aligned with business objectives.
• Oversee budgeting and financial forecasting.
• Ensure timely and accurate financial reporting.
• Identify financial risks and develop mitigation strategies.
• Manage cash flow to ensure liquidity and operational efficiency.
• Ensure compliance with financial regulations.
• Lead and mentor the finance team.
• Collaborate with stakeholders.

Skills

Strategic thinking

Analytical skills

Leadership

Team management

Financial software proficiency

Communication skills

Interpersonal skills

Ability to work under pressure

Education

Bachelor's degree in Finance, Accounting, or related field

Master's degree or MBA

Qualified Chartered Accountant (CA)

Job description

The Chief Financial Officer (CFO) will oversee the financial operations of the companys retail business in the UAE. This executive role requires a strategic leader with extensive experience in financial management within the retail sector. The CFO will be responsible for financial planning risk management budgeting and ensuring compliance with financial regulations contributing to the companys continued growth and profitability.

Key Responsibilities

• Financial Strategy and Planning: Develop and implement financial strategies aligned with the companys business objectives ensuring sustainable growth and profitability.
• Budgeting and Forecasting: Oversee the preparation of budgets and financial forecasts monitoring performance against targets and implementing corrective actions as necessary.
• Financial Reporting: Ensure timely and accurate preparation of financial statements and reports complying with local and international accounting standards.
• Risk Management: Identify financial risks and develop mitigation strategies maintaining a robust internal control environment.
• Cash Flow Management: Manage cash flow to ensure liquidity and operational efficiency optimizing working capital and investment strategies.
• Regulatory Compliance: Ensure compliance with all financial regulations and laws applicable in the UAE liaising with regulatory bodies as required.
• Team Leadership: Lead and mentor the finance team fostering a culture of high performance and continuous improvement.
• Stakeholder Engagement: Collaborate with internal and external stakeholders including auditors investors and senior management providing insights and recommendations for business decisions.

Qualifications and Experience

• Education: Bachelors degree in Finance Accounting or a related field. A Masters degree or MBA is preferred.
• Certification: Qualified Chartered Accountant (CA) is mandatory.
• Experience: A minimum of 1215 years of progressive financial management experience with at least 5 years in a senior leadership role within the retail industry in the UAE.
• Industry Knowledge: Indepth understanding of the retail sector including industry trends challenges and opportunities.
• Skills:
  • Strong strategic thinking and analytical skills.
  • Excellent leadership and team management abilities.
  • Proficiency in financial software and systems.Exceptional communication and interpersonal skills.
  • Ability to work under pressure and meet tight deadlines.