Group Head of Finance at JASBEL Energy

Position Purpose

• The Head of Finance will be responsible for overseeing the financial strategy, planning, and management of the company. This role involves financial reporting, risk management, investment planning, and ensuring the overall financial health of the organization. The Head of Finance will work closely with the executive leadership team to drive growth, optimize financial performance, and ensure compliance with regulatory requirements.

Qualifications & Requirements

Education & Experience

• Master’s degree (MBA) and professional certification (CPA, ACCA, CFA) is preferred.
• Minimum 15 years of experience, at least 5 years in senior financial leadership experience, preferably in a diversified business group.

Skills & Competencies

• Strong strategic financial planning and risk management skills.
• Expertise in budgeting, financial forecasting, and investment analysis.
• Solid understanding of corporate finance, tax planning, and regulatory compliance.
• Strong leadership, problem-solving, and decision-making capabilities.
• Excellent stakeholder management and communication skills.

Key Responsibilities

Financial Strategy & Planning

• Develop and implement financial strategies aligned with the company’s business objectives.
• Lead financial planning, forecasting, and risk assessment for all business units.
• Provide strategic financial insights to support business growth and expansion.

 Budgeting & Financial Management

• Oversee annual budgeting processes, ensuring effective resource allocation.
• Monitor cash flow, expenses, and profitability, optimizing cost efficiencies.
• Implement and maintain strong internal controls and financial policies.
• Manage and oversee the corporate financial budget, ensuring optimal allocation of funds.
• Responsible for financial risk mitigation and cost optimization strategies.
• Expected to deliver quarterly and annual financial performance reports

Financial Reporting & Compliance

• Ensure accurate financial reporting in line with IFRS and regulatory requirements.
• Oversee audit processes and liaise with external auditors.
• Ensure compliance with tax regulations, legal requirements, and financial governance standards.

Investment & Risk Management

• Assess and manage financial risks, investments, and funding strategies.
• Oversee capital structure decisions, debt financing, and liquidity management.
• Identify opportunities for business growth and financial sustainability.

Stakeholder & Leadership Engagement

• Collaborate with the executive team to drive business performance.
• Maintain strong relationships with banks, clients, regulators, and financial institutions.
• Provide financial insights and reports to the executive team whenever needed.

Team Leadership & Development

•  Lead and mentor the finance and accounting teams across different business units.
• Implement best practices for financial management and operational efficiency.

Reporting 

• Reports directly to the Chief Executive Officer (CEO).