Objective:
A luxury group of Restaurants in Bahrain is looking for an experienced Chief Finance Officer. Responsible for maintaining all standards, policies, and procedures. You will excel in this role if you are an efficient, solutions-driven individual, who enjoys fast-paced and constantly changing challenges, with a passion for the F&B industry. This ever-expanding luxury hospitality portfolio offers dynamic career opportunities to positive, vibrant, and energetic individuals.
Responsibilities:
- Drive the companys financial planning
- Perform risk management by analyzing the organizations liabilities and investments
- Decide on investment strategies by considering cash and liquidity risks
- Control and evaluate the organizations fundraising plans and capital structure
- Ensure cash flow is appropriate for the organizations operations
- Supervise all finance personnel (controllers, treasurers etc.)
- Manage vendor relationships
- Prepare reliable current and forecasting reports
- Set up and oversee the companys finance IT system
- Ensure compliance with the law and companys policies
- Manage team of financial controllers and financial analysts.
- Directs the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
- Compares sales and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
- Reviews planning process and suggests improvements to current methods.
- Analyzes operations to identify areas in need of reorganization, downsizing, or elimination.
- Works with the President and other executives to coordinate planning and establish priorities for the planning process.
- Studies long-range economic trends and projects their impact on future growth in sales and market share.
- Identifies opportunities for expansion into new product areas.
- Oversees investment of funds and works with investment bankers to raise additional capital required for expansion.
Requirements And Skills
- Proven experience as CFO, finance officer or relevant role
- In depth knowledge of corporate financial law and risk management practices
- Excellent knowledge of data analysis and forecasting methods
- Proficient in the use of MS Office and financial management software (e.g. SAP)
- Ability to strategize and solve problems
- Strong leadership and organizational skills
- Excellent communication and people skills
- An analytical mind, comfortable with numbers
- CPA is a strong advantage
- BSc/BA in Accounting, Finance or relevant field; MSc/MBA is a plus