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+ NEW VACANCY +CFO: HIGH END CONSUMER MANUFACTURINGBased in Saudi ArabiaLargest manufacturer in its sector across the Middle EastFantastic $300k+ USD packageglobal@firstresortrecruitment.comReputed Market leader with strong brandOur client is a leading high end fashion/ accessory consumer products manufacturer. With no immediate competition in KSA the company is the largest manufacturer in its sector within the Middle East and is very high up in the global ranking with a presence in 35 countries.Our client is taking huge steps to expand and to move into new areas. They are entering the next level and exploring new territories, covering new wide ranges of products and categories. Over the last four years the company increased sales by 40% and has hence built a strong distribution platform within Saudi Arabia. CHIEF FINANCIAL OFFICERReporting to: Group CEO - Saudi ArabiaRiyadh, KSA
Job Qualifications
JOB DETAILS:
• Participating in setting the company vision, mission and long and short terms strategic direction
• Participate in suggesting the expansion plans of the business and recommending actions to ensure long term organizational and financial effectiveness
• Establish control function and approval procedures and performance reports, P&L's, making needed decision in addition to achieving company's financial objectives
• Recruit and strengthen finance team in KSA and Egypt
• Build a treasury and credit management function
• Establish strategic relationships with banks and ensure compliance with covenants
• Review accounting structures, management accounts and allocation keys
• Coordinate budgeting, business planning and performance measurement efforts
• Lead M&A evaluations and undertakings
• Follow-up on capacity expansion project in Egypt
• Supervise and strengthen the IT function
• Roll-out a new ERP or appropriate replacement system
• Roll-out with operations a total-cost manufacturing process and system
• Roll-out a sales / inventory management system for retail storesESSENTIAL REQUIREMENTS:
• Industry Experience:MNC's, Fashion companies/ manufacturing, Gold/ JewelryPreferably worked in a large-scale multi-nationality based business.
• Location Experience: Middle East + North Africa + Far East
• Total Experience: 15-20 years including at least 4 years as a CFO
• Education: CIMA, CA, ACCA, CPAClass ranking in a reputable MBA or MS in finance / accounting |