Chief Financial Officer

Role Overview

The Chief Financial Officer will be reporting directly to the Executive Managing Director of the project company, the main responsibility of the CFO is to ensure compliance with financial standards and tax laws, enforce corporate governance, provide operational efficiency with reliable IT/ERP systems and establish suitable reporting and forecasting systems for sound decision-making.

The CFO is in charge of the company budget preparation and adherence, achieving the target margins. The CFO ensures the business operates according to the best financial practices and is in line with corporate requirements and various local regulations.

Principal Duties and Responsibilities

• Develop and execute the financial strategy and long-term financial planning, in alignment with the company's vision and objectives.
• Oversee accurate and timely financial reporting, and communicate financial results to the board, investors, and other stakeholders.
• Oversee project financing initiatives, including securing capital for new energy projects, evaluating debt and equity options, and managing relationships with financial institutions and investors.
• Manage capital allocation, investment strategies, and financial resources to optimize returns while minimizing risks.
• Implement comprehensive risk management strategies and policies identifying potential financial risks and developing mitigation plans.
• Lead budgeting and forecasting processes, working closely with department heads to ensure alignment with corporate objectives.
• Manage cash flow, banking relationships, and debt financing while optimizing working capital.
• Ensure compliance with all financial regulations, accounting standards, and tax laws. Build and lead a high-performing finance team, providing mentorship, coaching, and professional development opportunities.
• Coordinate internal and external audits to ensure compliance with auditing standards and regulatory expectations.
• Communicate financial performance, risks, and strategies to the board of directors and other key stakeholders.
• Implement and maintain best international standards of asset, liability, capital and liquidity management.

Key Behaviors (Competencies)

• Analytical - synthesizes complex or diverse information.
• Problem solving - identifies and resolves problems in a timely manner, gathers and analyses information skillfully.
• Delegation: delegates work assignments, gives authority to work independently, sets expectations and monitors delegated activities.
• Monitor and assess financial risks -proposing and implementing mitigation strategies as needed.
• Management skills: Includes staff in planning, decision-making, facilitating and establishing of process improvement initiatives; be available for the staff [if and when required], provides regular performance feedback; and develops subordinates' skills and encourages growth.
• Ensure compliance with relevant financial regulations and reporting requirements.
• Conduct in-depth financial analysis-to identify trends, risks, and opportunities, providing insightful recommendations to the executive team

Non-Technical skills

• Analytical - synthesizes complex or diverse information.
• Ability to thrive in a dynamic and fast-paced business environment.
• Demonstrated success in driving financial performance and supporting organizational growth.

Communication skills

• Good communication skills
• Able to articulate clearly and persuasively challenges and opportunities in positive or negative situations, demonstrates group presentation skills and conduct productive meetings.

Academic degree and Experience

• Bachelor's degree in finance, Accounting, or a related field. A master's degree or relevant professional certification (e.g., CMA, CPA, CFA) is highly desirable.
• Proven experience as a Group CFO or in a similar executive finance role, 10+ years.
• Industry: Preferably Energy Sector or oil field services.
• Working effectively in a team-oriented and collaborative environment.