Financial Services: Current Opportunities
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Chief Financial Officer
Ref : RAF0004
Location : BAHRAIN
Company : Insurance company
Salary : US$250k-US$350k plus benfits, bonus and stock
Job Description:-
Our client is looking to hire a Chief Financial Officer who will provide strong leadership and direction to the company’s financial activities. You will have strong financial management and life- and general insurance industry experience to lead a crucial function and to help build and protect the company’s financial strength. As a key member of the senior management team this individual will in addition assume accountability for ensuring the achievement of the company's strategic direction and vision, and will play a crucial role in coordinating the financial activities with the overall needs of the organization.
Most likely you will have CFO experience gained in either a public company or in a mergers & acquisitions environment, as well as a demonstrated track record of providing strong financial and business leadership.
Reporting directly to the CEO the Chief Financial Officer will provide the leadership and direction to the company’s enterprise-wide financial activities. He/she will be responsible for risk management, asset & liability management, finance & controlling, capital management, reinsurance and re-Takaful, taxation and investor relations.
The Chief Financial Officer will manage a small team of employees, including the Chief Risk Officer and the Head of Reinsurance and Re-Takaful.
You must have experience operating at the executive level of a publicly traded insurance company. Experience with setting up IPOs is a plus.
You will have:
• Strong technical capabilities. The Chief Financial Officer must possess a proven track record of success, with established credibility in the financial sector and the ability to provide the company with leadership in this area. He/she should have strong financial management and capital management treasury skills, as well as excellent planning, budgeting and analytical capabilities, with the ability to enhance the company’s balance sheet to provide meaningful and tangible improvements. This individual should be adept at structuring and negotiating complex and innovative transactions and be a balanced, firm but fair negotiator with credibility on the Street and with the major rating agencies and regulators.
• Strategic acumen. The successful candidate must be able to play a key role supporting management decision making in moving the business forward. A qualified candidate must possess a strong commercial orientation and collaborate in the development of enterprise vision and strategy with the executive team.
• Team-oriented leadership. The Chief Financial Officer must be a natural leader, with a commanding presence who can quickly establish credibility and make a positive impact internally and externally, maintaining strategic relationships both within and external to the company.
The company is an extremely well financed and backed start up insurance company to be headquartered in Dubai. Its operations will in time be global and it will adhere to Islamic insurance principles. Other open position include Head of Strategy, Chief Integration Officer, Head of Distribution, Chief Underwritr and Claims Officer and Head of HR. Significant stock options will be offered to successful candidates.
This position commands a significant base salary to attract the best, excellent expat benefits and stock.