Cfo of Innomotics Middle East
1 month ago
**We are looking for a Lead Country CFO - Middle East Region to join our team at Innomotics.**
**Launch of our new company Innomotics**
We are on the exciting journey of forming a new leading motor and large drives company -Innomotics. Under this name, Innomotics is combining its business activities in the areas of low
- to high-voltage motors, geared motors, medium-voltage converters, and motor spindles. Headquartered in Nuremberg, Germany, our company will employ ~ 15,000 employees worldwide and operate in almost 50 countries. Motors and electric drive systems are our new company’s business and passion: We count on 150 years of experience in motor manufacturing and our portfolio includes an innovative solutions and digitalization portfolio as well as a broad range of service offerings. Innomotics embodies our vision, values and commitment to innovation and excellence in everything we do: reliable motion in a digital world.
**Do you want to shape the future of Innomotics with us?**
We are looking for a self-starter with a digital, innovative, and growth mindset who is ready to actively drive and shape our future company’s culture. We offer an environment full of opportunities to take on responsibility and to develop both personally and professionally. We value the diversity of our people because we know that innovation thrives when it is fueled by a variety of perspectives, skills, backgrounds, and experiences. For us, nobody is perfect, but a team can be. #TeamInnomotics.
Our Asia Pacific and Middle East Meta Region consists of 16 countries and is a dynamic and fast-growing region, with functions including sales, pre-sales, portfolio development, and services in its remit, as well as enabling functions.
Middle East is one of the emerging markets and a growing region within the APAC & ME Meta region. This position will report to APAC & ME CFO and In-Country reporting to Middle East CEO.
**Location**: This position will be based out of UAE.
**Responsibilities**:
- The Lead Country CFO adopts local policies, guidelines and procedures based on superior financial strategy and guidelines and governs the local financial management of the assigned countries
- Supports the accountable CEO collaboratively for the assigned country organization (UAE, KSA, Qatar & Kuwait) with full operational for all commercial and financial management of the organization
- You will have the ultimate responsibility for the integrity of books and records, and an effective Risk Management and Internal Control System
- You will contribute fully to develop the company strategy across all business areas, challenging assumptions and decision-making as appropriate, and providing financial analysis and guidance on all activities, plans, targets and business drivers
- Ensure that company financial systems are robust, and compliant and support current activities and future growth
- Establish a high level of credibility and manage strong working relationships with external parties including customers and advisors.
- Financial Planning and Controlling of all relevant business and support processes, as well as to differing degrees, financing, tax, cash and capital management
- Collaboration in complex bids or tenders and controlling sales and service organizations, contract and claim management, and controlling of manufacturing operations and logistics, which entails also overseeing strategies for areas like strategic procurement, IT, or facilities
- Acts as a trusted Partner of the CEO and the organization’s management team, collaborates in the formulation of the strategy and in the achievement of strategic and business objectives.
- A vivid interest in and deep understanding of the business and the portfolio is therefore key prerequisite
- Acts as “voice of the Region” within the global organization and thus drives innovation as well as end-to-end improvements across divisions and support functions in collaboration with global functions and businesses. Fosters cross-boundary dialog
- Represents Innomotics in front of external stakeholders in coordination and as partner of the CEO
- Acts as Investors’ Advocate by protecting the assets and driving sustainable value creation, e.g., by supporting, yet carefully reviewing relevant investments in e.g. M&A or R&D, periodically evaluating the portfolio of his/her entity, and leading Initiatives to reduce the Asset base
- Work with and support the global teams in driving finance initiatives, including timely resolution of identified audit matters and other business requirements
- Make people development, succession planning and diversity as a personal priority
- Guarantee adequate reporting and performance controlling of KPI's
- Serves as a Role Model for the financial community and beyond by living and promoting ownership culture
**Key Task**:
- Commercial & Finance responsibility for the Innomotics companies in the Middle East consisting of Product, System, and Service busines
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