Chief Finance Officer

Career Maker; Bahrain; On-site; BHD 30,000 - 46,000; Full time

Job summary

A luxury group of restaurants is seeking an experienced Chief Finance Officer in Bahrain. This role involves driving financial planning, managing risks, and ensuring compliance. The ideal candidate has proven experience in finance leadership, with strong analytical and communication skills. A dynamic and solutions-driven individual will thrive in this fast-paced environment, contributing to the growth of this expanding hospitality portfolio.

Qualifications

• Proven experience as CFO or in a similar finance leadership role.
• Deep knowledge of corporate financial law and risk management.
• Strong leadership and organizational skills.

Responsibilities

• Drive the company's financial planning.
• Perform risk management by analyzing liabilities and investments.
• Ensure adequate cash flow for operations.

Skills

Data analysis

Forecasting methods

Strategic thinking

Problem-solving abilities

Communication skills

Interpersonal skills

Education

BSc/BA in Accounting, Finance, or related field

MSc/MBA preferred

Tools

SAP

MS Office

Job description

Objective:

A luxury group of restaurants in Bahrain is seeking an experienced Chief Finance Officer. This role involves maintaining all standards, policies, and procedures. The ideal candidate is an efficient, solutions-driven individual who thrives in a fast-paced, dynamic environment and has a passion for the F&B industry. This expanding luxury hospitality portfolio offers vibrant career opportunities for positive and energetic individuals.

Responsibilities:

• Drive the company's financial planning
• Perform risk management by analyzing liabilities and investments
• Decide on investment strategies considering cash and liquidity risks
• Control and evaluate fundraising plans and capital structure
• Ensure adequate cash flow for operations
• Supervise all finance personnel (controllers, treasurers, etc.)
• Manage vendor relationships
• Prepare reliable current and forecast reports
• Set up and oversee the company's finance IT systems
• Ensure legal and policy compliance
• Manage teams of financial controllers and analysts
• Oversee the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and government reports
• Compare sales and profit projections to actual figures and adjust budgets accordingly
• Review planning processes and suggest improvements
• Analyze operations to identify areas for reorganization or downsizing
• Coordinate planning with the President and other executives
• Study economic trends and their impact on future growth
• Identify opportunities for expansion into new product areas
• Oversee investment of funds and work with investment bankers for capital raising

Requirements and Skills:

• Proven experience as CFO or in a similar finance leadership role
• Deep knowledge of corporate financial law and risk management
• Expertise in data analysis and forecasting methods
• Proficient in MS Office and financial management software (e.g., SAP)
• Strategic thinking and problem-solving abilities
• Strong leadership and organizational skills
• Excellent communication and interpersonal skills
• Analytical mindset, comfortable with numbers
• CPA qualification is a strong advantage
• BSc/BA in Accounting, Finance, or related field; MSc/MBA preferred