Finance Director

Alturki Holding; Eastern Province; On-site; USD 120,000 - 180,000; Full time

Job summary

A leading company in the Eastern Province is seeking a Finance Director to oversee all financial aspects of the organization. The role involves strategic financial guidance, financial planning, and compliance, requiring a Master's degree and extensive experience in financial leadership, particularly in the O&G sector.

Qualifications

• Master's degree in Finance, Accounting, or related field required.
• Proven experience in financial leadership roles within the O&G industry.
• Strong understanding of financial regulations and compliance.

Responsibilities

• Develop and implement financial planning processes.
• Ensure accurate and timely financial reporting.
• Manage cash flow and liquidity.

Skills

Financial Planning

Financial Analysis

Leadership

Stakeholder Management

Strategic Thinking

Problem Solving

Analytical Skills

Education

Master's degree in Finance or Accounting

Professional certifications (e.g., CPA, CFA)

Job description

The Finance Director is the senior leadership role responsible for overseeing and managing all financial aspects of the organization. The Finance Director will collaborate with cross-functional teams, stakeholders, and executives to ensure financial stability, optimize resources, and achieve financial objectives. This position plays a critical role in financial planning, analysis, and reporting, as well as providing strategic financial guidance to support decision-making and drive business growth.

Roles and Responsibilities

Roles and Responsibilities:

Financial Planning and Analysis:

• Develop and implement financial planning processes, including budgeting, forecasting, and financial modeling, to support the organization's strategic goals and objectives.
• Analyze financial data, identify trends, and provide insights to support decision-making and drive operational efficiencies.
• Conduct variance analysis to evaluate performance against budget and provide recommendations for improvement.

Financial Reporting and Compliance:

• Ensure accurate and timely financial reporting in accordance with applicable accounting standards and regulatory requirements.
• Prepare and present financial statements, reports, and analysis to senior management, board of directors, and external stakeholders.
• Oversee internal controls and ensure compliance with financial policies and procedures.

Strategic Financial Guidance:

• Collaborate with senior management to develop and execute financial strategies that align with the organization's overall business objectives.
• Provide financial insights and guidance to support key business decisions, investment opportunities, and risk management.
• Evaluate and recommend financial strategies, such as mergers and acquisitions, capital investments, and cost optimization initiatives.

Cash Flow Management and Treasury:

• Manage cash flow, liquidity, and working capital to ensure financial stability and support day-to-day operations.
• Monitor and analyze cash flow projections, financial risks, and investment opportunities.
• Oversee banking relationships, credit facilities, and debt management to optimize funding options.

Financial Systems and Process Improvement:

• Evaluate and enhance financial systems and processes to ensure efficiency, accuracy, and scalability.
• Identify opportunities for automation and streamlining of financial processes.
• Collaborate with cross-functional teams to implement system enhancements and process improvements.

Risk Management and Compliance:

• Identify and assess financial risks, develop risk mitigation strategies, and ensure compliance with financial regulations and internal controls.
• Collaborate with internal and external auditors to facilitate audits and ensure adherence to audit requirements.
• Develop and implement risk management policies and procedures to protect the organization's financial assets.

Team Leadership and Development:

• Provide leadership, guidance, and mentorship to the finance team, fostering a culture of collaboration, professional development, and high performance.
• Recruit and develop top talent, ensuring the team has the necessary skills, knowledge, and resources to meet financial objectives.
• Conduct performance evaluations, set goals, and provide coaching and feedback to team members to drive their professional growth and development.

Stakeholder Engagement:

• Collaborate with executive management, department heads, and external stakeholders on financial matters.
• Provide financial analysis and insights for strategic planning and decision-making.
• Build and maintain strong relationships with external partners, such as auditors, tax advisors, and financial institutions.

Qualifications

Qualifications:

• Master's degree in Finance, Accounting, or a related field. Professional certifications (e.g., CPA, CFA) are highly desirable.
• Proven experience in financial leadership roles, within O&G industry and organization size.
• In-depth knowledge of financial planning, analysis, and reporting principles and practices.
• Strong understanding of financial regulations, accounting standards, and compliance requirements.
• Strategic thinking and problem-solving abilities, with a track record of providing financial insights to support decision-making.
• Excellent leadership, communication, and stakeholder management skills.
• Strong analytical and quantitative skills, with the ability to interpret complex financial data and trends.

Company Industry

• Banking
• Broking

Department / Functional Area

• Finance
• Treasury

Keywords

• Finance Director

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