Finance Director

Key Responsibilities:

• Financial Strategy & Leadership:
• Develop and execute comprehensive financial strategies aligned with Omniful’s overall business objectives and growth plans.
• Advise the executive leadership team on financial planning, budgeting, and capital allocation to optimize value creation and shareholder returns.
• Oversee cash flow management, ensuring sufficient liquidity to fund operations, investments, and expansion initiatives.

• Accounting & Compliance:
• Lead all accounting activities, including month-end and year-end closes, consolidations, and financial statement preparation.
• Ensure compliance with local GAAP or IFRS (as applicable), as well as tax regulations and reporting requirements in each operating region.
• Establish and maintain accounting policies, procedures, and internal controls to maintain accurate financial records and mitigate risks.

• Cross-Entity Coordination & Consolidation:
• Coordinate financial reporting and consolidation across multiple legal entities in KSA, India, UAE, and other regions.
• Collaborate with local accounting teams and external advisors to manage statutory audits, tax filings, and financial obligations specific to each jurisdiction.
• Maintain a centralized view of financial performance, providing clear consolidated dashboards and reports to stakeholders.

• Budgeting, Forecasting & Analysis:
• Lead the annual budgeting and quarterly forecasting processes, working closely with department heads to set realistic, data-driven targets.
• Provide variance analysis and insights on business performance, highlighting risks, opportunities, and areas needing corrective action.
• Develop and monitor key financial KPIs (e.g., burn rate, runway, gross margins, cash position) to ensure optimal resource allocation.

• Financial Operations & Systems:
• Oversee day-to-day financial operations, including AP/AR, payroll, treasury, and bank relationships.
• Implement financial systems or ERP tools to streamline workflows, improve data accuracy, and enhance reporting capabilities.
• Ensure robust processes for expense management, vendor payments, and credit control in alignment with company policies.

• Corporate Governance & Risk Management:
• Maintain the corporate governance framework for the group, ensuring board-level compliance and timely shareholder reporting.
• Identify and mitigate financial risks, including currency exposures, regulatory changes, and credit risks.
• Collaborate with legal counsel on matters such as entity structuring, contract reviews, and due diligence for investments or acquisitions.

• Team Leadership & Development:
• Build and mentor a high-performing finance and accounting team, empowering them with the tools and training to deliver operational excellence.
• Foster a culture of continuous improvement, promoting best practices in financial management, compliance, and performance measurement.
• Collaborate cross-functionally, especially with Operations, Product, and Sales, to drive strategic initiatives and ensure financial alignment.