Chief Finance Officer / الرئيس التنفيذي للشؤون المالية

Job Scope

The Chief Financial Officer (CFO) is the organization’s primary authority on financial governance, funding structure, liquidity, and cost discipline, accountable for shaping and stewarding OOMCO’s financial strategy to support sustainable growth and maximize shareholder value.

The CFO provides strategic oversight of procurement and contract management, including tender committee leadership, sourcing strategies, vendor management, and compliance. The role drives financial performance analysis, capital allocation, and funding strategies, working closely with executive leadership to align financial and procurement objectives with overall business goals.
Job Description
1. Finance:

• Lead OOMCO’s financial planning and forecasting by overseeing the preparation and accuracy of all financial statements, including income statements, balance sheets, shareholder reports, tax filings, and regulatory submissions, ensuring alignment with corporate objectives.
• Lead the analysis of operational performance to identify areas for restructuring, cost optimization, or elimination of inefficiencies.
• Collaborate with the CEO and executive management team to translate the approved corporate strategy into financial plans, budgets, and financial targets.
• Lead the establishment and ongoing governance of a budgetary control system to ensure effective control and reporting of Operating Expenses across OOMCO.
• Oversee the monitoring of the performance of commercial activities using key metrics and prepare insightful reports for executive management.
• Lead the consolidation of divisional budgets into an integrated corporate budget, ensuring alignment with strategic priorities, financial targets, and governance requirements.
• Oversee the Company’s capital funding strategy, engaging with investment bankers and key financial partners to secure sustainable and value-accretive funding aligned with strategic expansion priorities
• Own enterprise financial risk governance across liquidity, credit, market, and counterparty risks, overseeing exposure management, mitigation actions, and escalation in line with approved risk appetite.
• Maintain strong stakeholder relationships to understand needs and expectations, ensuring effective allocation of resources and alignment with organizational objectives.

2. Procurement and Contract:
• Oversee the development and execution of long- and short-term procurement strategies, ensuring alignment with OOMCO’s corporate objectives and business growth plans.
• Lead the governance of vendor and contract strategies, fostering long-term partnerships that enhance value, reliability, and competitiveness.
• Oversee the governance and compliance across all procurement activities, maintaining transparency, auditability, and alignment with corporate policies.
• Lead procurement excellence and innovation, optimizing processes, policies, and systems to maximize operational efficiency and business impact.
• Provide executive oversight of all tendering, vendor management, and contract administration, ensuring decisions support long-term business growth.

3. Strategic Leadership:
• Oversee the design, implementation, and continuous enhancement of Finance framework, that ensure regulatory adherence and support sustainable business performance.
• Advise Executive Management on regulatory developments, industry trends, and emerging risks impacting OOMCO business, and sustainability, proving strategic oversights highlighting gaps and recommending value-enhancing actions.
• Steer all Finance performance review meetings to ensure alignment with OOMCO’s business objectives, value creation agenda, and long-term sustainability.
• Represent OOMCO in key internal and external forums, strengthening the company’s profile, partnerships, and stakeholder relationships, where relevant.
• Cultivate strategic relationships with external partners, regulatory bodies, and internal executives.
• Direct the development, mentor, and empowerment of employees while ensuring succession readiness and talent continuity.
• Champion a culture of continuous improvement, financial discipline, operational agility, and long-term value creation across OOMCO.
• Oversee divisions’ budgeting processes, monitor financial performance, and ensure alignment with OOMCO priorities.
• Embed the innovation, transformation, and a culture of excellence, accountability, and ethical governance.
Qualifications and Requirements
Educational Qualifications
• Bachelor’s degree in Finance, Accounting, or an equivalent discipline is required.
• Master’s degree (MBA, Finance, or related discipline) is highly preferred.
• Professional certificates, ACCA, CPA, or equivalent, are highly preferred.
Experience
• 16 years of experience in Finance or related discipline, preferably in the Energy sector.
• 8+ years in senior leadership roles.
• Proven experience in strategic financial planning & modeling, budgeting, and forecasting.
• Proven track record in assessing financial risks and implementing effective risk management strategies.

Competencies
Technical Competencies:
• Corporate Financial Strategy & Value Management
• Capital Structure, Funding & Treasury Governance
• Shareholder & Capital Markets Engagement
• Strategic Procurement & Contract Governance
• Regulatory & Financial Compliance Leadership

Behavioural/ Leadership Competencies
• Decisive Leadership
• People Management
• Stakeholder Engagement
• Executive Influence and Advisory
• Strategic and analytical Thinking
• Executive Communication and Collaboration
• Ethical & Values-Based Leadership