Chief Finance Officer MENA - Saudi Arabia, VP
State Street
Date: 2 weeks ago
City: Riyadh
Contract type: Full time
Level Of Education/ Qualifications
Job ID: R-767367
- Bachelor degree in Accounting or Finance.
- Must have passed the CMA examinations CME 1 Parts 1 and 2.
- Arabic and English language are necessary.
- Must have passed the CMA examinations CME 1 Parts 1 and 2.
- Previous CFO experience in Saudi Arabia required
- Experience in leading a finance function.
- Extensive experience within Financial Services.
- Experience of asset management and custody servicing preferred.
- Strong Accounting and Finance background having worked in relevant Financial Services institutions.
- Track record of delivering results of quality in a timely fashion and able to drive execution.
- Must be capable of developing and managing relationships across the company focused on international locations with a wide variety of partners based on trust, teamwork and knowledge.
- Experience working in a matrixed organization across multiple geographies.
- Exposure to working with teams in offshored locations.
- Project Management skills in terms of overseeing and implementing new systems and processes
- Strong, decisive, results oriented individual with leadership capabilities.
- High level of interpersonal skills and integrity.
- Excellent communication and presentation skills.
- Able to build relationships with key stakeholders, across the organization (cross function and cross region)
- Change Management skills – able to adapt and deliver in a constantly changing environment.
- Thrives working in a fast paced, challenging international environment with multiple and competing priorities.
- Provide leadership, direction and general oversight for all financial matters relating to the MENA offices(Saudi Arabia, UAE & Oman).
- Oversee the Finance process for the legal entities under remit.
- Oversee preparation of Financial Reports and Accounts for all legal entities and liaison with External Auditors.
- Oversee any changes required to Accounting Policies and Processes from changes in relevant Accounting Standards - support from dedicated Accounting Policy team.
- Oversee Regulatory matters including those relating to capital holding requirements and any others as required by the local regulator.
- Financial and Management reporting, including ensuring that appropriate management information is produced and reviewed at appropriate intervals.
- Finance support to business plans, general strategy, NBPRA activity, new products and other ad hoc projects.
- Oversee Tax accounting in conjunction with dedicated Tax team.
- Oversee support provided by Finance Shared Service Centre functions in Offshore locations (Poland & India), and oversight of any outsourced finance services.
- Represent the function in the relevant regional committees and ensure appropriate, timely and relevant information is provided so that the committees can discharge their responsibilities effectively.
- Support a culture of effective challenge to ensure efficiency of operational processes.
- Maintain the highest standards of conduct and integrity within the business and ensure compliance with industry practice, company policies, statute and regulatory requirements in all matters.
- Develop and maintain relationships with key internal stakeholders including other business lines and corporate functions and external stakeholders such as clients, industry bodies and regulators.
- Ensure that the businesses operate in compliance with internal and external regulations.
Job ID: R-767367
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