Level of Education/ Qualifications:
Bachelor degree in Accounting or Finance.
Must have passed the CMA examinations CME 1 Parts 1 and 2.
Arabic and English language are necessary.
Professional organisation membership / certification
Must have passed the CMA examinations CME 1 Parts 1 and 2.
Skills and Experience:
Previous CFO experience in Saudi Arabia required
Experience in leading a finance function.
Extensive experience within Financial Services.
Experience of asset management and custody servicing preferred.
Strong Accounting and Finance background having worked in relevant Financial Services institutions.
Track record of delivering results of quality in a timely fashion and able to drive execution.
Must be capable of developing and managing relationships across the company focused on international locations with a wide variety of partners based on trust, teamwork and knowledge.
Experience working in a matrixed organization across multiple geographies.
Exposure to working with teams in offshored locations.
Project Management skills in terms of overseeing and implementing new systems and processes
Strong, decisive, results oriented individual with leadership capabilities.
High level of interpersonal skills and integrity.
Excellent communication and presentation skills.
Able to build relationships with key stakeholders, across the organization (cross function and cross region)
Change Management skills – able to adapt and deliver in a constantly changing environment.
Thrives working in a fast paced, challenging international environment with multiple and competing priorities.
Responsibilities:
Provide leadership, direction and general oversight for all financial matters relating to the MENA offices(Saudi Arabia, UAE & Oman).
Oversee the Finance process for the legal entities under remit.
Oversee preparation of Financial Reports and Accounts for all legal entities and liaison with External Auditors.
Oversee any changes required to Accounting Policies and Processes from changes in relevant Accounting Standards - support from dedicated Accounting Policy team.
Oversee Regulatory matters including those relating to capital holding requirements and any others as required by the local regulator.
Financial and Management reporting, including ensuring that appropriate management information is produced and reviewed at appropriate intervals.
Finance support to business plans, general strategy, NBPRA activity, new products and other ad hoc projects.
Oversee Tax accounting in conjunction with dedicated Tax team.
Oversee support provided by Finance Shared Service Centre functions in Offshore locations (Poland & India), and oversight of any outsourced finance services.
Represent the function in the relevant regional committees and ensure appropriate, timely and relevant information is provided so that the committees can discharge their responsibilities effectively.
Support a culture of effective challenge to ensure efficiency of operational processes.
Maintain the highest standards of conduct and integrity within the business and ensure compliance with industry practice, company policies, statute and regulatory requirements in all matters.
Develop and maintain relationships with key internal stakeholders including other business lines and corporate functions and external stakeholders such as clients, industry bodies and regulators.
Ensure that the businesses operate in compliance with internal and external regulations.
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