Chief Finance Officer (CFO)

Based in Saudi since the 1980s our client is an Operation & Maintenance services company who provides qualified and experienced professional management and engineering expertise. They are currently looking for a CFO for their Riyadh office.

Duties & Responsibilities:
- Develops finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction; establishing functional objectives in line with organizational objectives.
- Establishes finance operational strategies by evaluating trends; establishing critical measurements; determining production, productivity, quality, and customer-service strategies; designing systems; accumulating resources; resolving problems; implementing change.
- Develops organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects; analyzing organization operations; identifying opportunities for improvement, cost reduction, and systems enhancement; accumulating capital to fund expansion.
- Develops financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; developing action plans.
- Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.
- Reports financial status by developing forecasts; reporting results; analyzing variances; developing improvements.
- Provides Executive Management with advice on the financial implications of business activities.
- Provides recommendations to strategically enhance financial performance and business opportunities
- Ensures that effective internal controls are in place and ensure compliance with applicable local government regulatory laws and rules for financial and tax reporting.
- Effectively interfaces with the Board and other organizations
- Familiar with IFRS, US GAAP and SOCPA
- Familiar with US FAR, DCAA Auditing, and US Government Contracting.

Requirements

- BS in Accounting or Finance, MBA in Finance and/or Certified Public Accountant or Certified Management Accountant highly desirable.
- Previous experience on US Government Contracts, FAR and DCAA Audits.
- 10+ years in progressively responsible financial leadership roles in a major company or division of a large multinational corporation.
- Financial Planning and Strategy, Preparation of financial statements, Managing Profitability, Strategic Planning, Vision, Quality Management, Promoting Process Improvement, Forecasting, Corporate Finance, Developing Budgets, Financial Skills, Dealing with Complexity
- Strong interpersonal skills, ability to communicate and manage well at all levels of the organization and with staff at remote locations.
- Strong problem solving and creative skills and the ability to exercise sound judgment and make decisions based on accurate and timely analysis.
- High level of integrity and dependability with a strong sense of urgency and results-orientation.
- PC proficiency is essential (Windows environment) and strong working knowledge of MS Office.

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions: