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Chief Financial Officer - Banking Closed

Confidential - A leading Bank in Iraq Iraq

Banking ,

Our Client, A leading Bank in Iraq, is looking for CFO (Chief Financial Officer) , to be based in Erbil – Iraq and reports to CEO

CFO is responsible for financial strategy, financial condition and position of the bank that requires personnel with extensive knowledge and experience to strengthen financial discipline in banking operation. ... CFO will have to work in close consultation with the Managing Director & CEO and report to him.

The Chief Financial Officer is responsible for the all of the Bank’s fiscal operating results utilizing generally accepted accounting principles, such as cost accounting, budgets, and regulatory agency and government reports ensuring the safeguard of Bank assets. Counsels senior management on fiscal control and profitability; prepares, presents and interprets financial reports to senior management; adheres to tax   laws and regulatory compliance to properly reflect the financial position of the Bank. Directs accounting department activities; provides leadership, training and supervision within the department; provides a high level of customer relations and service; and ensures compliance with Bank policies and procedures. The position of Chief Financial Officer assists in attaining established Bank and department financial goals. Performs supervisory duties of department staff, coordinates staff for coverage in all related areas of the department.

  • Responsible for managing all matters pertaining to Finance
  • Financial Planning, MIS, Budgeting, Cash Flow Projections,
  • Responsible for ensuring integrity, accuracy and completeness of financial data.
  • Supervising filing of statutory returns to regulatory authorities
  • Reviewing / preparing management and financial reports for the Co / Group and tax computations / compliances etc
  • Candidate profile:
  • CPA (T) along with a relevant Master’s Degree or equivalent preferred
  • Experience of around 15 years with at least 5 years at head of department (senior management) level in the banking sector.
  • Competencies in IFRS provisions & compliance, Strategic & financial planning, budgeting and monitoring thereof.
  • Decision maker, Problem solver, Analytical ability & good numeric skills including use of automated solutions
  • Accountable & responsible, Excellent verbal and written communication skills.