• Prepares a cash flow forecast and review this regularly on a daily/ weekly basis and ensure the cash is being managed properly with insuring regular payments of payroll taxes, salaries, and VAT.
• Develops and recommends to the Board an annual operating plan and financial budget that support the group’s long term strategy with taking into consideration the Micro & Micro economic factors while coordinating with CEO, GM and COO.
• Oversees and monitors the Group’s financial position, activities and capital structure and monitor the respect of covenants given to banks and third parties and hedging arrangements, as applicable.
• Manages the priority of supplier’s payments based on the GM recommendations, plants shortage and cash flow position. & allocate the needed funds when required

Skills

Position Title:                CFO

Employment Type:       Full Time

Salary:                           Depending on experience and qualifications

Benefits:                     as per UAE labor law

Job Location:                 Dubai, UAE

About the Client:

A global Petrochemical Group of Companies that trades and manufactures a wide array of coating products.

Qualifications:

• Open to Arabic and European nationalities
• Male, 45 years old and below
• Master’s degree in Business Administration or CA / CPA or graduate in Finance
• At least 15 years of experience in finance preferably from paints manufacturing, petrochemical or wood coating industry