Chief Financial Officer

3 weeks ago


Ajman, United Arab Emirates Lootah Group of Companies Full time

**Position Summary**:As a member of the senior leadership team, the CFO will serve as a credible, knowledgeable and trusted resource to the CEO and other senior leaders. This position is a hands-on and quality-focused financial executive with the experience that combines sound financial leadership with proven business effectiveness. The CFO is responsible for the financial management of the organization to include budget analysis and management, financial modeling and reporting, cost benefit analysis, forecasting needs, accounting. The CFO will offer quality, meaningful analyses, and financial perspectives necessary for corporate decisions and strategic planning.

**Responsibilities**:

- Plan, develop, organize, implement and direct the organization’s fiscal function and performance.
- Create and establish annual budget and operating plans that align with the company’s goals for growth and expansion.
- Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.
- Propose action plans to ensure that annual financial objectives are attained.
- Provide timely and accurate analysis of budgets, financial reports and financial trends in order to assist the CEO, and senior executives in performing their responsibilities.
- Enhance and/or develop and implement policies and procedures of the organization that will improve the overall operation and effectiveness of the corporation.
- Provide technical financial advice and knowledge to others within the financial discipline.
- Continual improvement of the budgeting process through education of department members on financial issues impacting department budgets.
- Develop a cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
- Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
- Serve as a key point of contact for external auditors. Manage preparation and support of all external audits.
- Evaluate the finance division structure and team. Actively educate and direct staff to ensure an ongoing level of skill, mentoring and/or promoting individuals as indicated, to ensure a critical mass of talent.

**Competencies**:

- Financial Management
- Business Acumen - **Construction** industry is a **MUST**
- Communication Proficiency
- Ethical Conduct
- Leadership
- Performance Management
- Personal Effectiveness/Credibility
- Problem Solving/Analysis
- Strategic Thinking
- Technical Capacity

**Qualifications**:

- 10+ years of experience in a senior financial managerial position
- Bachelor’s Degree in Accounting, Finance or related field (MBA preferred)
- Professional accounting designation preferred (CA, CMA or CPA) is a plus
- Proven competency in mentoring/coaching staff
- Advanced computer skills, including proficiency in Excel, MS Office and financial reporting software
- Exceptional communication skills
- Results-oriented, strategic thinker and planner

Ability to commute/relocate:

- Ajman: Reliably commute or planning to relocate before starting work (required)

**Education**:

- Master's (preferred)

**Experience**:

- Financial Management: 10 years (required)
- UAE: 10 years (preferred)

**Language**:

- English (required)



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