Charterhouse are currently managing a search for a newly established commodity trading organisation; whom are setting up an operation within the DMCC jurisdiction. This business entity shall be designed to run a fully fledged trading, logistics and support branch, independently of a large-scale operator, within the dry bulk sector.
About the Role
This Head of Finance shall be responsible for the management and development of all financial accounting and reporting-based tools; to introduce strong controllership and governance aligning to IFRS-based principles and policy. In conjunction, this position shall oversee and introduce all tools relating to financial planning and forecast-related areas, in the development of a strong commercial discipline across the business entity, in support of the business trading platform and all the support functions. On top of these responsibilities, the Head of Finance will also be required to oversee compliance-based procedures and this namely links to all areas of taxation (VAT and Corporate) along with any regulatory reporting or filing under the freezone authority whilst also managing internal controllership, to ensure all payment cycles are both timely and accurate and funded within the group liquidity parameters.
The client will look to identify a professionally qualified Accountant (ACA, ACCA, CIMA or CPA) whom is able to demonstrate a track of experience (up to 10 years) of post-qualified experience. The client is also steering the search towards candidates whom are able to demonstrate a strong knowledge of the UAE market along with the business needs within certain freezone or onshore jurisdictions. The importance of this local knowledge is of extra significance, due to the start-up nature of the entity and the need to develop all policy books, linking to financial accounting and reporting tools and systems. On top of this, the client is also looking to pinpoint a candidate whom has demonstrable exposure to the commodity sector, coupled with a strong insight into dry bulk commodities and the product dynamics from a market and accounting perspective. The Head of Finance shall also be required, from a management angle, to build a team of finance professionals whilst also being able to manage senior reporting lines across the group and at times internationally.