Chief Financial Officer (CFO)

KEOLIS limited
AED 2,000,000 +
Job description

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The Chief Financial Officer at Keolis-MHI is responsible for providing strategic financial guidance to the company, while leading and managing the Finance, Procurement, and IT functions. The role reports directly to the Chief Executive Officer (CEO) and is responsible for ensuring compliance with financial regulations and standards. The incumbent must understand the metro system and the Keolis-MHI policies in place. Such knowledge is expected to be partially self-acquired and based on training on metro operation, metro maintenance, fare system and marketing.

Key Responsibilities


  • Drive the company's financial planning and performance.
  • Provide sound advice the Boards of Directors and the CEO on strategy.


  • Direct and oversee the financial activities of the company.
  • Direct the preparation of financial reports and summaries and create forecasts.
  • Participate in the maximization efforts of retail activities and fare revenue.


  • Provide the CEO, Board of Directors, and executive team with financial reports and pro-active financial analysis, including forecasting, budgeting, financial modelling, and developing / enhancing KPIs and other associated analysis.
  • Act as business partner to the executive team. Collaborate with executives to define and evaluate outsourced activities.
  • Manage finance relationship and finance-related reporting /plans with the client (RTA) and communicate /respond to queries regarding finance reporting and KPIs, as per contractual requirements.


1. Lead, and continue to develop the Finance function, including financial control, accounting, fare revenue audit, cash management, IT, and Procurement.

  • Ensure effective contracts’ preparation and negotiations of service providers and subcontractors from a commercial perspective.
  • Ensure IT investments are optimized based on cost /benefit analysis.

2. Manage accounting and financial analysis, ensuring daily operations meet the performance level required to support the contract agreement, and attesting to the accuracy of reports.

  • Ensure cash flow is appropriate for the company’s operations
  • Ensure the timely and accurate preparation of financial statements, including balance sheets, income statements, and cash flow statements.
  • Approve finance plans and budgets at the company level, ensuring the elaboration of monthly budgets with internal departments.
  • Monitor and analyse financial performance, identifying key trends and variances, and providing recommendations for improvement.

3. Mange and arrange required bank facilities.

4. Accountable for financial governance:

  • Oversee the development and implementation of internal financial controls and procedures to ensure accurate reporting and compliance with company policies and procedures.
  • Develop and maintain a robust financial forecasting process to support strategic decision making.
  • Establish and manage a reliable cashflow projection process and reporting mechanism that includes a minimum cash threshold to meet operating needs.
  • Oversee the company’s data protection process and ensure compliance.

5. Accountable for audit and compliance:

  • Oversee the preparation of financial audits and the coordination of all external audit activities.
  • Ensure the company is in compliance with tax laws and regulations.
  • Ensure compliance with accounting and financial regulations and standards, including IFRS.
  • Keep abreast of new accounting and financial regulations and technologies to ensure the company remains compliant and efficient.

6. Establish and oversee the company’s financial and accounting software.

7. Perform any additional duties as reasonably required by the line manager.


  • Lead assigned department, and functions, and manage the teams.
  • Continuously review and evaluate the performance of their reporting team and provide guidance and development opportunities as needed.
  • Adhere to the company's HR policy. Values diversity and KM policy of Valuing All People.


  • Monthly and annual Financial Statements (income statement, balance sheet, cash flow, and budgeting).
  • Office environment. Occasional travel may be required


  • Financial turnaround within a challenging contract and KP regime.



  • Industry and market trends - solid understanding of trends to the extent required to provide strategic financial advice to the company.
  • Accounting principles - strong knowledge of financial management and accounting principles, including financial reporting, budgeting, and forecasting, and the ability to apply them in a practical business setting.
  • Financial regulations - knowledge of financial regulations and compliance requirements, including IFRS. Understanding of tax laws and regulations and the ability to ensure compliance with them.
  • Financial software - knowledge of financial and accounting software and tools, such as ERP, financial modelling, and data visualization tools.
  • Analytical skills - strong analytical skills and the ability to interpret financial data and make recommendations for improvement.


  • Strategic thinking - the ability to think long-term and make decisions that align with the company's goals and objectives.
  • Problem solving - the ability to analyse complex financial information and develop effective solutions to financial challenges.
  • Communication: the ability to communicate financial information clearly and effectively to both internal and external stakeholders. And the ability to explain complex financial concepts to non-financial stakeholders.
  • Decision making - the ability to make sound and timely decisions, weighing the potential risks /benefits of various options.
  • Teamwork - strong interpersonal skills and the ability to establish trust with executives and managers at all levels, yield positive results, as well as manage and motivate own team.
  • Ethical behaviour - the ability to conduct business in an ethical and transparent manner, and to instil a culture of integrity.
  • Negotiation skills - the ability to reach an agreement between two or more parties to yield an outcome suitable for negotiating parties.


  • Master's in Finance, or CPA /CMA (or equivalent) is desirable


1. Min. 15 years of experience in finance and accounting within international activity companies, including: min. 5-years in a financial operations management, and min. 3-years in leadership roles.

2. International experience in large companies with corporate reporting exposure.

3. Experience in a broad set of diverse responsibilities (such as corporate governance, financial reporting, business control, internal auditing, etc.).

  • Successful track record of contract recovery and financial turnaround.
  • IFRS rules and understanding of tax issues.
  • Proven experience in financial planning, analysis and management, and the ability to develop and implement financial strategies.
  • Experience in contract and management.
  • Accounting principles, and ERP operation.

4. Managing support functions, namely IT and Procurement in large setups with diverse workforce.

5. Working collaboratively and cross-functionally with various business units.

6. Public transportation sector experience is desirable