GROUP CFO

First Resort Global Recruitment; Riyadh; Sur place; SAR 400 000 - 650 000; Plein temps

Résumé du poste

First Resort Global Recruitment is recruiting for a Group Finance Director/ CFO based in Riyadh, Saudi Arabia. The role reports to the CEO and drives the group’s financial strategy, treasury, risk management and capital structure across multiple companies.

The ideal candidate has 15+ years in finance, with 7+ in a leadership role within an investment holding, and deep KSA bank relationships to secure funding and manage acquisitions.

Qualifications

• 15+ years of experience, with at least 7 years in finance management level role within an investment holding company.
• MUST have current or recent KSA experience and hold strong contacts with local banks and financing partners.
• MUST have current or recent contacts with semi-government bodies related to investments and acquisitions.
• Understanding of financing requirements of holding companies/g roups.
• Very strong CFO experience for a group of companies or Holding company.

Responsabilités

• Set the group’s financial strategy including financial policies and procedures.
• Manage treasury, financial control and risk management functions to support business objectives.
• Ensure adequate liquidity, low-cost financing and appropriate hedging.
• Lead bank relationships and secure funding from private and public sectors.
• Develop, deploy and monitor financial policies and guidelines across the group.

Connaissances

CFO Leadership

Treasury management

Bank relationships

Risk management

Formation

Bachelor’s Degree in finance, accounting, or financial engineering

CA/CFA/CPA designation

Description du poste

Our client is a leading Holding Company with diverse businesses across FMCG, Manufacturing, Industrial, Hospitality and other industries. With a strong reputation and good expansion plans for 2014.

We are looking for an experienced finance professional to join as the Group Finance Director/ CFO based in Riyadh, Saudi Arabia.

Reporting to: CEO

JOB OVERVIEW

• Set the group’s financial strategy including financial policies and procedures.
• Manage the treasury, financial control and risk management functions and ensure that they support the business objectives and guidelines of the holding.
• Ensure the group has adequate liquidity, low cost financing and appropriate hedging.
• Lead all bank relationship and secure needed funding from private and public sectors.

KEY RESPONSIBILITIES

• Develop and deploy the financial strategy of the holding and set corporate financial policies and guidelines
• Ensure that finance functions operate per adopted financial standards
• Recommend optimal capital structure strategy with input from the Treasury Manager and manage the group’s balance sheet
• Oversee the treasury’s cash management activities
• Manage the risk of the group in accordance to the risk appetite of the shareholders
• Drive the establishment of credit risk policies along with the Treasury Manager
• Review, validate and endorse budget, control report, financial plan, financial reports, all financial aspects of strategic plans and performance analysis reports
• Sign off on Performance Analysis report and examine budget availability in order to implement corrective actions
• Maintain relationships with banks and other sources of capital in order to minimize the cost of borrowed funds
• Lead all loan negotiations and filing with public and private sectors (e.g. SIDF, ADF, banks)
• Maintain an effective and up-to-date financial management information system
• Repor

ESSENTIAL REQUIREMENTS

• Open to Arabic & Western applicants
• Bachelor’s Degree in finance, accounting, or financial engineering, and a professional designation (CA, CFA or CPA) are required
• 15+ years of experience, with at least 7 years in finance management level role within an investment holding company
• MUST have current or recent KSA experience and hold strong contacts with local banks and financing partners
• MUST have current or recent contacts with Semi government bodies related to investments and acquisitions
• Understanding of the financing requirements of holding companies/ groups
• Very strong CFO experience for a group of companies or Holding company
• A great deal of experience overseeing many Acquisitions and mergers
• Experience at raising capital through many methods, banks, land, investors etc and the complete financing process in KSA
• Must have Capital structures experience and knowledge
• A solid financial leader who has the insight to drive the business forward with new acquisitions and capital