Chief Financial Officer CFO – Aldenham Prep school

• Bachelor’s degree in accounting or equivalent; MBA is a plus.
• CPA / CA / ACCA / CFA Certified.
• 15+ years of progressive financial experience with the past 5 to 7 years in a very senior finance role.
• Fluency in English Language. Arabic is an advantage.
• Ability to function as a strong member of an initiative-taking and integrated management team.
• Ability to build teams, manage and influence people, processes, and customer relationships concurrently.
• Strong Knowledge of Financial management & Management Accounting.
• Strong working knowledge of cost accounting, budgeting, and reporting.

Build and maintain a positive and energetic culture.

Main Duties & Responsibilities

§ Implement policies and procedures for the finance department of the company.

§ Effectively manage all finance and accounting activities of the company.

§ Ensure the accurate and timely closing of accounts and submit management information reports (MIS) to Parent company by 7th of following month.

§ Present Financial Report to Board of Directors on quarterly basis.

§ Lead the system implementations and produce Dashboard & Financial reports through systems.

§ Ensure compliance with KSA laws and regulations in all processes.

§ Review framing budgeting guidelines and provide input to department head in the development of company`s budgets.

§ Assist business heads with input and advice in respect of all finance and accounts related matters.

§ Coordinates with external auditors and ensures appropriate support for smooth conduct of external audits.

§ Initiate new measures from time to time to monitor and control costs and ensure effectiveness of financial policies, procedures and internal controls.

§ Ensure that department staff are professionally trained and equipped to manage effectively all responsibilities assigned to them.

§ Ensure that all transactions comply with financial policies and procedures to prevent any negative financial impact on the organization.

§ Ensure all invoices provided by vendors and expense claims raised by employees are legitimate, supported by original documents and accurate, including all procedures related to human resources processes.

§ Identify gaps in the existing processes and suggest measures for re-engineering the same for enhanced effectiveness.

§ Ensure timely payment to external parties like vendors and dealers to avoid future financial complications.

§ Liaise with internal as well as external customers with regards to the accounting administration and provide reports and information as required.

§ Ensure implementation of any action points raised by auditors during internal and external audits.

§ Review, submit and approve costing and budgetary variance reports to enable effective management decision making.

§ Review and approve monthly payroll submitted by Human Resources before disbursement of funds.

§ Perform any other task given by the Board of Aldenham

People Management

§ Generate a vision, establish direction, motivate people to focus efforts, and build commitment toward achieving business goals.

§ Oversee the Finance Department team and ensure team effectiveness by monitoring team activities.

§ Monitor performance and training needs of subordinates to maximize their performance to achieve functional objectives.

§ Motivate, inspire, and reward others and proactively address conflicts.

§ Be recognized as a highly effective developer of people by being available to coach, mentor and develop others.

Building and Sustaining Relations

§ Ensure good relations are established with all stakeholders including suppliers and vendors and develop deep working relationships at the highest level of the organization.

• Establish effective public relations within the community and enhance the name and reputation of Aldenham.
• Leverage appropriate resources to develop and sustain business relationships and respond to business and client needs.
• Participate in professional, business, or community organizations, conferences cultivating broad network of contacts, promoting a positive image of Aldenham while adhering to risk and quality standards.

Teamwork & Collaboration

§ Develop internal capabilities of the respective team members through the provision of necessary workshops and knowledge transfer.

§ Demonstrate awareness of workloads, offer help to team members and take on additional tasks when appropriate.

§ Contribute to team discussion to share knowledge and offer ideas and solutions that can benefit the school.

Job Details

Preferred Candidate