CFO

Job Description

Copper World Manufacturing Company was established in 2001 and in a short period of time, by increasing its capacity to 160,000 tons, it has become the largest copper wire producer in the country and one of the largest producers in the Middle East.
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Job Description
The CFO is responsible for leading, planning, controlling and supervising all financial activities, accounting, costing, financing, budgeting, liquidity management and internal controls of the company and plays a key role in maintaining financial health, supporting management decisions and optimizing the organization's financial structure.
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Responsibilities
• Managing and supervising all financial, accounting and treasury processes of the company
• Formulating, implementing and monitoring financial strategies in line with the company's overall goals
• Managing cash flow, working capital and planning resources and expenses
• Supervising the preparation and presentation of accurate and timely financial statements, management reports and analytical reports
• Controlling and analyzing the cost of products and providing solutions to improve profitability
• Planning and managing financing through various financial tools and sources
• Designing, implementing and improving the budgeting system, budget control and analyzing deviations
• Supervising the proper implementation of accounting standards, tax, insurance, commercial laws and legal requirements
• Managing matters related to internal audit, independent audit, financial audits and accountability to relevant authorities
• Designing and strengthening internal controls with the aim of reducing financial and operational risks
• Analyzing the company's financial structure and providing corrective suggestions to improve liquidity, profitability and productivity
• Providing financial reports and analyses to the CEO and Board of Directors to support major decisions
• Oversee processes related to raw material purchasing, production, sales and warehousing from a financial and control perspective
• Manage financial risks arising from market fluctuations, raw material prices, sales and company commitments
• Effective participation in pricing, profit margin analysis, evaluation of development and investment plans
• Establish effective coordination between the finance unit and the strategy, production, commercial and human resources departments
• Lead, evaluate and develop the finance team and improve productivity and performance discipline in the unit
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Qualification Requirements
• Master's degree in:
o Accounting
o Financial Management
o Economics
o or other related fields
• At least 12 years of specialized work experience in the field of finance and accounting
• At least 5 years of management experience in senior financial positions, preferably in manufacturing companies
• Effective experience in industrial accounting and costing in manufacturing environments
• Experience in managing high cash flows and complex financial structures
• Thorough familiarity with:
o Accounting standards
o Tax laws
o Insurance and social security laws
o Audit processes
o Budgeting and budget control
o Liquidity and working capital management
• Proficiency in preparing, analyzing and interpreting financial statements and management reports
• High ability in financial analysis, internal control, risk management and management decision-making
• Appropriate familiarity with financial software systems and ERP
• Proficiency in Excel and financial reporting and analysis tools
• Experience interacting with banks, financial institutions, auditors, tax auditors and other relevant authorities
• Familiarity with Financial processes in manufacturing industries, especially metal or similar industries, are considered an advantage.
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Behavioral competencies
• Team leadership and management ability
• High accuracy, discipline and responsibility
• Analytical and decision-making ability
• Planning and organizing ability
• High problem-solving skills
• Ability to work in sensitive and high-pressure environments
• Effective communication and negotiation skills
• Maintaining confidentiality of financial information
• Systematic and results-oriented outlook