Chief Financial Officer (CFO)
The CFO is a key member of the company’s Executive Leadership Team. The main responsibility of the CFO 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 CFO will use his/her best endeavors to promote the interests of the Group. The CFO is in charge of the company budget preparation and adherence, achieving the target margins. The CFO ensures the business operates according to the best financial practices and is in line with corporate requirements and various local regulations.
We will only consider candidates with international exposure.
The job location could be in UAE or Europe with remote work and regular travel.
Main duties and responsibilities:
- Provide timely and accurate financial reporting to the Board of Directors.
- Ensure financial health of the group by providing timely and accurate analysis of budgets, financial trends and forecasts.
- Ensure standard financial statements, cash flow, budget, branch performance and variance analysis, and related statements are prepared on time.
- Develop, recommend and direct all short term and long-range financial plans consistent with corporate philosophy and strategies.
- 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.
- Implement operational infrastructure of systems, processes and personnel to accommodate the growth objectives of the company.
- Ensure legal and commercial compliance in all entities of the Group.
- 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.
- Analyze financial information provided by project management teams and identify trends in financial performance.
- Provide recommendations to strategically enhance financial performance and business opportunities.
- Evaluates and advises on the impact of long-range planning, introduction of new programs/ strategies and regulatory action.
- 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.
- 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.
- Performs other duties as assigned by the Group CEO.
- 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.
- 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.
- Education: Chartered Accountant with advanced qualifications e.g. CMA, CPA, MBA/EMBA
- Previous experience: Must have senior finance experience in financial management, accounting, tax, banking, IT/ERP and legal [optional] with at least 10 years of working or overseeing those functions.
- Experience as a Group CFO in a similar sized organization [50 to 100m USD business size] or has been a divisional CFO of a larger company, this is an advantage.
- International/Global remit experience is an essential requirement.
- Private Equity Experience would be an advantage.
- 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.
- 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:
- Ability to travel without any major visa restrictions.
- Readiness for frequent business trips around the world.
Physical and Mental Requirements:
- Lifting and Carrying: Ability to lift and carry up to 50 pounds.
- Mobility: Must be able to walk and climb to perform duties, including maneuvering within a refinery or plant environment and accessing elevated platforms via ladders and stairwells.
- Communication: Sufficient clarity of speech and hearing, or other communication capabilities, to communicate effectively.
- Focus and Multitasking: Ability to maintain focus and multitask effectively.
- Safety Equipment: Must be able to wear safety equipment as required by the safety department for personal protection, if/where needed in manufacturing environments.
- Personal Mobility and Reflexes: Sufficient personal mobility and physical reflexes, with or without reasonable accommodations, to perform office duties and travel to off-site locations when necessary.
About PIPECARE Group:
PIPECARE Group offers comprehensive In-Line Inspection Services to identify and size pipeline threats, Utilizing advanced technologies such as Magnetic Flux Leakage, Transverse Field Inspection, Ultrasound, and specialized tools, PIPECARE ensures precise detection and assessment of various pipeline anomalies.
What we do:
In-Line Inspection Services
PIPECARE provides In-Line Inspection Services to locate, identify, and size threats, supporting integrity management requirements.
Check out our AI Technology and other cutting-edge technologies by clicking the following YouTube Links:
SMART AI CALIPER - Inspection experience like never before
Inspection Technologies
Magnetic Flux Leakage (MFL): Detects and sizes general corrosion and metal loss anomalies, especially circumferentially oriented.
Transverse Field Inspection (TFI): Detects and sizes general corrosion and metal loss anomalies, primarily axially oriented.
Ultrasound (UT): Detects and sizes general and other metal loss anomalies with high depth sizing accuracy.
Ultrasonic Crack Detection: Detects and sizes cracks and colonies of cracks.
Caliper (Geometry): Detects and sizes deviations in the ideal circular shape of a pipeline (dents, ovalities, wrinkles, etc.).
Specialized Tools and Technologies
Combo Tools: Use multiple measurement systems in various combinations.
Specialized Tubing Technologies: Designed for Furnace and Downhole Operations.
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.