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Strategic Financial Leader
3 weeks ago
The Braxtone Group seeks a seasoned Financial Director to spearhead its financial leadership and strategy. This pivotal role will oversee the development and execution of a comprehensive financial plan, ensuring alignment with the organization's growth objectives and enhancing shareholder value.
Key Responsibilities:- Develop and execute a strategic financial plan that drives business growth and optimizes financial performance.
- Oversee budgeting, forecasting, and long-term financial planning for all subsidiaries and regulated entities within the Braxtone Group.
- Provide critical financial insights to the Executive Committee, supporting business expansion, M&A opportunities, and strategic partnerships.
- Establish a robust financial governance framework, reinforcing internal controls and risk management practices.
- Ensure compliance with all regulatory reporting requirements set by the Central Bank of Bahrain (CBB), the Central Bank of the UAE (CBUAE), and other regulators, where applicable.
- Oversee statutory and regulatory filings for all entities, ensuring timely submissions and adherence to compliance frameworks.
- Collaborate with external auditors, regulatory bodies, and legal advisors to ensure financial transparency and governance.
- Develop and maintain a comprehensive risk management framework, identifying, assessing, and mitigating financial risks effectively.
- Oversee compliance with all applicable tax regulations across the GCC, including Value-Added Tax (VAT), Corporate Income Tax, and Withholding Taxes.
- Ensure proper tax structuring and optimization to enhance efficiency and mitigate tax liabilities while maintaining full compliance with local and international tax laws.
- Liaise with tax advisors and regulatory authorities to stay updated on tax law changes and implement best practices accordingly.
- Lead the preparation and submission of tax returns and reports, ensuring accuracy and timely compliance.
- Lead finance process automation and digital transformation to enhance operational efficiency.
- Identify and implement cost control measures to optimize expenses and improve profitability.
- Work closely with business unit heads to align financial processes with operational needs and strategic priorities.
- Support the Executive Committee in evaluating M&A opportunities, investment strategies, and expansion projects.
- Develop financial models for new investments and provide recommendations based on financial viability and risk assessment.
- Manage relationships with banks, investors, and financial institutions to secure funding for strategic initiatives.
- Act as a key advisor to the Executive Committee, Board of Directors, and regulatory bodies on financial and strategic matters.
- Ensure clear communication with investors, auditors, banks, and key financial stakeholders.
- Oversee the establishment of policies and procedures for corporate governance and financial best practices.