Job description

• Develop and implement financial strategies and policies aligned with Nakheel’s goals and objectives.
• Provide strategic financial insights and recommendations to the executive management and the Board of Directors.
• Oversee budgeting, financial forecasting, and cash flow management.
• Ensure accurate and timely financial reporting in compliance with relevant regulatory requirements and accounting standards.
• Prepare and present financial statements and reports on financial status by developing forecasts, reporting results, analyzing variances, and developing improvements and analyses to the Board and regulatory authorities.
• Maintain a strong internal control environment to safeguard Nakheel’s assets and financial integrity.
• Manage treasury functions, including cash management, investments, and banking relationships.
• Assess and mitigate financial risks, implementing strategies to safeguard Nakheel’s financial stability.
• Monitor market trends and economic indicators to make informed financial decisions.
• Communicate financial performance, strategies, and objectives effectively to the relevant bodies.
• Streamline financial operations and processes to enhance efficiency and accuracy.
• Evaluate and optimize financial systems and technologies to support Nakheel’s growth and financial stability.
• Commit to complying with all internal/external rules and regulations that are related to the work framework.
• Liaise with regulatory authorities and auditors, providing necessary financial information and documentation.
• Lead and mentor the finance and accounting team, fostering a culture of collaboration, accountability, and professional development.
• Provide guidance and training to team members, ensuring their continuous growth and expertise in financial matters.
• Collaborate with the executive team in making strategic decisions by providing financial analysis, modeling, and scenario planning.
• Assess the financial implications of business initiatives and provide recommendations to support informed decision-making.
• Establish and maintain relationships with relevant financial institutions.
• Negotiate financial agreements, contracts, and partnerships to optimize the organization's financial interests.
• Uphold the highest standards of ethical conduct and integrity in all financial activities and interactions.
• Represent Nakheel professionally in financial matters, demonstrating a commitment to transparency and accountability.
• Commit to implement all the tasks related to the framework of governance.
• Develop and implement a financial structure framework to secure appropriate level of funding and liquidity to meet business needs.
• Utilize various trade finance tools to fund trading activities in partnership with local and international financial institutions. 
• Carry out any other activities as may be assigned.

Qualifications:

• Education Level – Minimum - bachelor’s degree in finance, Accounting or equivalent.
• Professional qualifications in charter accountancy such us ACCA, CA, CPA or equivalent.

Experience:

• Minimum of 12 years of experience including a minimum of 8 years at a leadership level in the same field.
• Experience in the Food Industry is advantageous.

Competencies:

• Strong knowledge of financial planning, accounting, reporting, and cost management.
• Ability to drive business strategy, manage risks, and oversee mergers or acquisitions.
• Strong ability to lead the finance team, making decisions, and managing change.
• Proficiency with financial software and automation tools.
• Maintaining transparency, strong ethics, and corporate governance.