Director of Finance

Finance Director - Operations & Tax (Saudi National Hire)

A position with a rapidly growing group in Riyadh to be a leading figure in ensuring the smooth functioning of all finance operations covering process, systems, and people as well as tax related matters. Developing and executing the departments long-term strategic plan in alignment with the corporate strategies.

Accountabilities

Corporate:

• Develop annual business plans for the department and ensure the achievement of financial and strategic objectives.
• Report to the CFO on the progress of activities against the annual business plans, opportunities, challenges, and issues faced, mitigations taken, etc. as required, to make an informed decision.
• Manage and continuously monitor the performance of the department to ensure performance deviations are identified in a timely manner, and required resources and actions are implemented to meet performance targets.

Leadership:

• Manage the performance of the department’s employees, define workforce requirements, ensure recruitment, training, and development of talent, in conjunction with the Human Capital Department to achieve business objectives.
• Recommend an optimum organization structure for the department, in coordination with the Human Capital Department, to ensure smooth workflow of operational processes and optimal utilization of resources.

Budgeting:

• Prepare and recommend the department’s budget in alignment to the respective annual business plan.
• Monitor the department’s financial performance against the approved budget, identify areas of unsatisfactory performance (if any), and recommend mitigating actions.

Change Management

• Identify and manage implementation of change initiatives on systems, processes and practices considering ‘international leading practices’, and/or other changes in the business environment.

Policies & Procedures:

• Manage the development and implementation of departmental policies, systems, processes and procedures to ensure operational excellence.
• Identify and manage the implementation of improvements to ensure compliance with standards and regulatory requirements that are aligned to business needs to increase operational effectiveness.

Qualifications and Experience

• CMA, CFA, CPA
• Financial services or banking background essential
• Bachelor's degree in accounting or finance
• Must be a Saudi National
• Fluency in both Arabic and English
• Minimum 10+ years of experience in relevant industry out of which 4 years at a Senior Management/ Executive Level