Job Title Senior Director Finance /CFO Department Senior Leadership [Finance and Compliance] Reporting To Group CEO and Board Location Dubai (for first 12 months) thereafter open to Europe, UK, USA Area of responsibility PipeCare Group Holding Direct reports 2x Regional Finance Directors [F&A], Corporate Accounting & Consolidation, Treasury, Tax, Legal, IT/ERP Position SummaryThe Senior Director Finance is a key member of the companys Senior Leadership Team, supporting development, setting & executing company direction/strategy. The main responsibility of the SD Finance is to ensure compliance with financial standards and tax laws, enforce corporate governance, provide operational efficiency with reliable IT/ERP systems and establish suitable reporting and forecasting systems for sound decision-making; The SD Finance will use his/her best endeavors to promote the interests of the Group. The SD Finance is in charge of the company budget preparation and adherence, achieving the target margins. The SD Finance ensures the business operates according to the best financial practices and is in line with corporate requirements and various local regulations.General responsibilities
Comply always and fully with PIPE CARE HSE requirements.
Be quality conscious (continuous improvement philosophy and aim at getting things right first time).
Maintain confidentiality, integrity and safeguard PIPE CARE trade secrets.
Respect and support employees at all times.
Respond to changes positively (technical advancements as well as organizational adaptations).
Act in such a manner that PIPE CAREs reputation is highly respected.
Be results-oriented.
Follow PIPE CAREs Process Flow Charts and improve business processes where necessary.
Identify, prioritize and gain Leadership/Board alignment on strategic changes related to Finance.
Drive the strategic changes from the front with clear vision, leadership, action planning and stakeholder engagement.
Financial Reporting
Provide timely and accurate financial reporting to the CEO and Board of Directors.
Streamline financial reporting
Financial Analysis:
Ensure financial health of the group by providing timely and accurate analysis of budgets, financial trends and forecasts.
Analyze financial information provided by project management teams and identify trends in financial performance.
Provide recommendations to strategically enhance financial performance and business opportunities.
Accounting:
Ensure standard financial statements, cash flow, budget, branch performance and variance analysis, and related statements are prepared on time.
Provide direction to all financial operations (company, project and subsidiary) to ensure corporate financial data is as accurate and timely as possible, cash and return on assets are maximized and accounting systems are reliable and efficiently implemented.
Oversee the development of and monitor adherence to operational and capital budgets, and develop cost containment strategies as required. Suggest and implement ideas for savings and additional revenue generation.
Coordinate external audits performed by corporate auditors and third-party entities ensuring timely, accurate and professional representation of all information provided.
Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position and cash management
Tax:
Review and appoint an internal tax advisor
Strategy:
Develop, recommend and direct all short term and long-range financial plans consistent with corporate philosophy and strategies.
Design and implement the organizational transfer pricing policy.
Implement operational infrastructure of systems, processes and personnel to accommodate the growth objectives of the company.
Evaluates and advises on the impact of long-range planning, introduction of new programs/ strategies and regulatory action.
Legal, Compliance, IT-ERP and Supply chain:
Ensure legal and commercial compliance in all entities of the Group
Administrative management of central functions of Legal, IT-ERP and Supply Chain.
Business system review (ERP) and improvement project planning.
Other:
Support commercial management in both sales and supply chain contracts.
Identify potential business opportunities or improvements.
Assists the Board of Directors as required, in raising additional capital at appropriate valuations to enable the company to meet sales, growth and market share objectives.
Support any potential due diligence of any service partnership agreements or acquisitions.
Performs other duties as assigned by the Group CEO.
Competency Requirements
Analytical - synthesizes complex or diverse information.
Problem solving - identifies and resolves problems in a timely manner, gathers and analyzes information skilfully.
Communication - able to articulate clearly and persuasively challenges and opportunities in positive or negative situations, demonstrates group presentation skills and conducts productive meetings.
Negotiation - able to meet a range of stakeholders such as bank executives to negotiate terms, sometimes customers and partner reps or government reps and lead strategic negotiations.
Delegation - delegates work assignments, gives authority to work independently, sets expectations and monitors delegated activities.
Leadership - inspires and motivates others to perform and accepts 360 feedback.
Management skills - includes staff in planning, decision-making, facilitating and establishing of process improvement initiatives; be available for the staff [if and when required]; provides regular performance feedback; and develops subordinates skills and encourages growth.
Quality management - looks for ways to improve and promote quality and demonstrates accuracy and thoroughness.
Decision making - displays willingness to make decisions, exhibits sound and accurate judgment, and makes timely decisions.
Planning/organizing - prioritizes and plans work activities, uses time efficiently and develops realistic action plans.
Profile and Qualifications
Education: Chartered Accountant with advanced qualifications e.g. CMA, CPA, MBA/EMBA
Essential Experience as a Senior Director/VP at Group level in a similar sized organization [50 to 100m USD revenue].
An ability to locate in Dubai/UAE for a minimum of 12 months is essential.
Key capabilities that will be measured in the hiring process are the ability to identify change requirements and to drive change initiatives. This will require a high degree of self-drive, persistence, assertiveness, leadership, project skills and communication capabilities to lead from the front.
Board level credibility to support the Board with insights and strategic decision making.
International/Global Experience across the Eastern and Western Hemisphere at Senior Director level including:
Preference will be given to candidates with experience in North America of managing finance teams, external advisors and banking relationships.
Experience in LATAM especially Colombia and Mexico would be a distinct advantage.
Experience in Middle East, Africa and India would be a distinct advantage.
Previous experience: Must have leadership experience in financial management, accounting, tax, banking, IT/ERP and legal with at least 10 years of working or overseeing those functions.
Preference will be given to candidates who have hands on experience in Transfer pricing policy and practice; Financial Reporting; cash management; IFRS; and Global leadership.
The candidate should be able to demonstrate hands-on experience in strategic financial planning, review of financial statements, preparation and review of financial budgets/forecasts as well as preparing documentation, policies, agreements for transfer pricing intra company.
Private Equity Experience would also be an advantage.
Experience managing Legal, IT-ERP and Supply chain.
Ideally, the candidate has worked on the implementation of a new Finance ERP system, and has experience in evaluating design and operational effectiveness of Internal Controls.
Industry: Preferably oil field services [but not mandatory], however it is required that the candidate worked for an international organization that provided services to various end users across different countries and geographies.
Other: Frequent business travel with the ability to travel without any major visa restrictions due to citizenship.
Equal Opportunity Employer: We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.Powered by JazzHR