The Chief Financial Officer (CFO) will oversee the financial operations of the companys retail business in the UAE. This executive role requires a strategic leader with extensive experience in financial management within the retail sector. The CFO will be responsible for financial planning risk management budgeting and ensuring compliance with financial regulations contributing to the companys continued growth and profitability.
Key Responsibilities:
- Financial Strategy and Planning: Develop and implement financial strategies aligned with the companys business objectives ensuring sustainable growth and profitability.
- Budgeting and Forecasting: Oversee the preparation of budgets and financial forecasts monitoring performance against targets and implementing corrective actions as necessary.
- Financial Reporting: Ensure timely and accurate preparation of financial statements and reports complying with local and international accounting standards.
- Risk Management: Identify financial risks and develop mitigation strategies maintaining a robust internal control environment.
- Cash Flow Management: Manage cash flow to ensure liquidity and operational efficiency optimizing working capital and investment strategies.
- Regulatory Compliance: Ensure compliance with all financial regulations and laws applicable in the UAE liaising with regulatory bodies as required.
- Team Leadership: Lead and mentor the finance team fostering a culture of high performance and continuous improvement.
- Stakeholder Engagement: Collaborate with internal and external stakeholders including auditors investors and senior management providing insights and recommendations for business decisions.
Qualifications and Experience:
- Education: Bachelors degree in Finance Accounting or a related field. A Masters degree or MBA is preferred.
- Certification: Qualified Chartered Accountant (CA) is mandatory.
- Experience: A minimum of 1215 years of progressive financial management experience with at least 5 years in a senior leadership role within the retail industry in the UAE.
- Industry Knowledge: Indepth understanding of the retail sector including industry trends challenges and opportunities.
- Skills:
- Strong strategic thinking and analytical skills.
- Excellent leadership and team management abilities.
- Proficiency in financial software and systems.
- Exceptional communication and interpersonal skills.
- Ability to work under pressure and meet tight deadlines.