CFO Banking

The Chief Financial Officer will report to the CEO of the Company and will closely interact with the Company’s shareholders to benefit from their extensive experience across diversified portfolios as well as their access to resources and expertise in related fields globally. We are ideally looking at a candidate with 10 plus years’ experience. Exposure in Acquisitions, Investments & Financial Advisory and the IWPP/Power industry is a plus.

The candidate must have demonstrable experience in project finance, controlling, new investments and good notions of company and tax laws. From your brief profile, your background seemed quite apt & hence reaching out to you. The role is based in Abu Dhabi, UAE& offers an exceptional package and benefits.

The Chief Financial Officer will report to the CEO of the Company and will closely interact with the Company’s shareholders to benefit from their extensive experience across diversified portfolios as well as their access to resources and expertise in related fields globally. The Chief Financial Officer will have 15 direct reports.

The Chief Financial Officer is responsible for all the financial processes, activities and transactions of the company in terms of compliance, reporting and auditing. In addition, the Chief Financial Officer leads Administration, Procurement and Human Resources aspects of the Company.

• Monitor short and long-term financial performance of the company through tracking of key performance indicators – operational and financial – and benchmarking with the investment base case, the budget and prior years.
• Prepare, monitor and update the periodic budget and long term business plan of the project.
• Monitor, manage and report key financial risks.
• Make suggestions to the management for financial performance improvement and optimization of shareholder value.

• Manage the various Facility Agreements with the Global Facility Agent and maintain relationship with the lenders and lenders’ advisors.
• Follow-up of the covenants and potential events of default under the various Facility Agreements.
• Responsible for the cash management of the company including working capital facility, cash deposits, cash collection, etc… with shareholder value optimization as primary goal.
• Establish sound framework of financing policies and procedures.
• Assess refinancing opportunity and implement if additional value can be created.

• Ensure timely, relevant and accurate financial reporting to the management of the company, board of directors, shareholders, lenders and the capital market authority as required.
• Ensure reporting to shareholders as per the shareholders’ internal processes, systems and tools.
• Prepare all the financial documents to be presented to the board of directors and shareholders’ meeting and the minutes of the meetings.

• Ensure implementation of best practices in terms of corporate governance in compliance with local laws and regulations and with Founders’ best practices.
• Maintain and improve the tools that have been developed within the entity.
• Manage the relationship with the authorities (e.g. the Stock Exchange) and keep the company compliant with any rules and regulations.
• Undertake the role of company secretary, if required.

• Responsible for the accounting activities of the company.
• Preparation of the financial statements under local GAAP (statutory) and under IFRS.
• Ensure sound accounting processes and policies are in place.
• Prepare payments to various stakeholders and get them approved, as per internal processes and delegation of authority.
• Prepare monthly invoice to the client and follow up of…