Friday, July 24, 2009

SEASONED CHIEF FINANCIAL OFFICER - Doha, Qatar

We are looking for a "SEASONED CHIEF FINANCIAL OFFICER" experienced in Private equity / Investment Banking / Management Consultancy from a Telecom or IT industry to join one of our Leading client in DOHA, QATAR (Tax free country).

JOB PURPOSE:
- The Chief Financial Officer (CFO) supports the institution's mission by setting portfolio targets and ensure portfolio financial performance monitored, controlled/audited, consolidated and meeting targets through performance monitoring and management. And by managing Treasury, Financial Management, Accounting and Information Services functions.
- As a member of senior management, the CFO participates in setting broad organizational goals, objectives and policies, particularly in the area of fiscal affairs. Tasks include supporting board representatives and executives on financial matters.
- Managing accounting, financial reporting activities, and supervising Board relations for the Finance, Audit and Investment Policy Committees.
- Offer selected financial support to subsidiaries (e.g. financing, CFO support, financial guidelines, etc.) as needed
- Monitor performance of subsidiaries and co-ordinate/ support performance reviews
- Identify financial synergies and drive benefit/best practice
- Provide financial support to M&A team and subsidiary board representatives
- Manage group accounting, reporting, audit and tax issues
- Work with and support other functions.

KEY RESULT AREAS:
- The CFO is invested with broad responsibilities and authorities to govern and manage financial control and compliance.
- Oversee financial policies and procedures for the accurate and consistent recording and reporting of all financial matters including budgeting, external financial reporting, internal financial reporting, capital funds tracking, project cost accounting, project and operational performance analysis, periodic reports to the Board of Directors, internal cost studies, and grant applications.
- Support project activities by establishing guidelines for capital funds utilization and solicitation plus monitoring use of fund/balances, forecasting funds availability, advising on usage decisions, and providing project bridge financing/advice to Directors and project staff.
- Oversees investing surplus and utilized funds to best advantage and maintain excellent reputation in the financial, banking, and investment marketplace as well as with shareholders.
- The CFO is an essential member of the following Management Committees: Investment Committee, Valuation Committee, Operating Committee, Risk management Committee
- Strategic financial planning, investment analysis and capital expenditure management, for current and future operating entities and projects
- Ensuring that suitable controls, financial processes and methodologies budgeting, forecasting and reporting are in place
- Monitor performance against agreed operating budgets, review financial performance of the business and recommend corrective actions where necessary
- Managing the overall risk, cash flow, and debt management of Knowledge Ventures
- Ensure proper reporting of financial accounts (work with Controller)
- Fulfill and optimize tax requirements
- Report to shareholders on the financial and business performance of Knowledge Ventures on a [monthly] basis, as well as at each Board meeting
- Develop a positive and trusting relationship with financial institutions and advisors
- Ensure corporate governance compliance
- Participate in long-range and annual development planning.
- Oversee and endorse the decision on information systems for financial management and planning.
- Support the annual Budgeting and Action Planning process.
- Ensure that staffing is in place to support financial management responsibilities.
- Direct departmental periodic reporting of actual financial performance against budget and evaluation of variances.
- Provide policies, standards and guidelines for budgets and help provide support for financial reports to grantors.
- Provide liaison and support to The Board's Finance, Investment Policy and Audit Committees.
- Make financial presentations at board meetings and at the periodic meetings of various advisory councils and groups.

KNOWLEDGE, SKILLS & EXPERIENCE:
- 10-12 years as a CFO or Controller, in finance
- A minimum of 10 years experience as CFO or Controller with a proven track record, ideally in: Private Equity, Investment Banking, Management Consulting
- Will have at least 10 years experience in Accounting and Financial Management with a multi-national company or financial institution (ideal combination will be someone who has worked in at least 2 of these industry sectors – Investment Banking / Telecom / IT / Management Consulting.
- MBA or equivalent degree required.
- Must have startup experience in building and growing organizations.
- Ability to develop/maintain relationships with capital markets, financial/private investors
- Experience leading performance management
- Solid knowledge of general accounting policies and financial reporting/ consolidation
- General knowledge about the Telecom and IT sector is preferred
- Has experience in cash management, treasury management, capital markets, budgeting, financial reporting and investor relations
- Will have dealt with investment banks and raised money from the capital markets
- Will have had exposure to mergers and acquisitions
- Has experience in tapping the capital markets such as soliciting investment ratings, launching bond issues, syndicated loans, equity offerings, filings with various regulatory bodies/exchanges, investor relations
- Will be internationally minded
- Strong intellect combined with a first rate education
- Excellent written and oral presentation skills.
- Superior leadership, management and interpersonal skills.
- Excellent creative and problem solving skills.
- Strong team player orientation.

Interested candidates, send your UPDATED CV to vinod@webecome.com for more details and we would get in touch with for a confidential discussion.

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