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Senior Finance Director

3 weeks ago


Manama, Manama, Bahrain Braxtone Group. Full time
Job Role

The Braxtone Group is seeking an experienced Financial Director to drive its financial strategy and leadership. As a senior finance professional, you will be responsible for developing and executing a comprehensive financial plan, ensuring alignment with the organization's growth objectives.

Key Accountabilities:
  • Developing and implementing a strategic financial plan to drive business growth and optimize financial performance.
  • Oversight of budgeting, forecasting, and long-term financial planning for all subsidiaries and regulated entities within the Braxtone Group.
  • Providing critical financial insights to the Executive Committee, supporting business expansion, M&A opportunities, and strategic partnerships.
  • Establishing a robust financial governance framework, reinforcing internal controls and risk management practices.
Regulatory Compliance and Reporting
  • Ensuring compliance with all regulatory reporting requirements set by relevant authorities, including the Central Bank of Bahrain (CBB) and the Central Bank of the UAE (CBUAE).
  • Overseeing statutory and regulatory filings for all entities, ensuring timely submissions and adherence to compliance frameworks.
  • Collaborating with external auditors, regulatory bodies, and legal advisors to ensure financial transparency and governance.
  • Developing and maintaining a comprehensive risk management framework, identifying, assessing, and mitigating financial risks effectively.
Tax Planning and Strategy
  • Overseeing compliance with all applicable tax regulations across the GCC, including Value-Added Tax (VAT), Corporate Income Tax, and Withholding Taxes.
  • Ensuring proper tax structuring and optimization to enhance efficiency and mitigate tax liabilities while maintaining full compliance with local and international tax laws.
  • Liaising with tax advisors and regulatory authorities to stay updated on tax law changes and implement best practices accordingly.
  • Leading the preparation and submission of tax returns and reports, ensuring accuracy and timely compliance.
Operational Efficiency and Digital Transformation
  • Leading finance process automation and digital transformation to enhance operational efficiency.
  • Identifying and implementing cost control measures to optimize expenses and improve profitability.
  • Working closely with business unit heads to align financial processes with operational needs and strategic priorities.
Investment and Growth Initiatives
  • Supporting the Executive Committee in evaluating M&A opportunities, investment strategies, and expansion projects.
  • Developing financial models for new investments and providing recommendations based on financial viability and risk assessment.
  • Managing relationships with banks, investors, and financial institutions to secure funding for strategic initiatives.
Corporate Governance and Stakeholder Management
  • Acting as a key advisor to the Executive Committee, Board of Directors, and regulatory bodies on financial and strategic matters.
  • Ensuring clear communication with investors, auditors, banks, and key financial stakeholders.
  • Overseeing the establishment of policies and procedures for corporate governance and financial best practices.