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Chief Financial Officer Dubai

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TP ICAP

3mo ago

  • Job
    Full-time
    Expert Level
  • Accounting & Tax
    Banking & Finance
  • Dubai
  • Quick Apply

AI generated summary

  • You need a Master's in Finance, extensive executive experience, local regulatory knowledge, IFRS expertise, leadership skills, and strong communication. Proficiency in Microsoft apps is essential.
  • You will manage finance functions, ensure compliance, drive process improvements, support budgeting, oversee regulatory reporting, and maintain strong stakeholder relationships across offices.

Requirements

  • A Master's degree (or equivalent) in Accounting, Finance, Business Administration or Economics.
  • English speaker with excellent written and oral communication skills at all levels of the organisation.
  • Extensive experience as a financial executive and leader.
  • Local regulatory (DFSA and CBB) and local tax experience and knowledge.
  • IFRS knowledge.
  • Proven experience working with diverse jurisdictions / markets in big companies having a multicultural environment (emerging markets preferred).
  • Skilled in Microsoft applications software (Word, Excel, PowerPoint, Outlook etc.).
  • Professional qualifications in Finance.
  • Ability to strategise and solve problems.
  • Strong leadership and organizational skills.
  • Excellent communication and people skills.
  • Interest in current affairs.
  • Ability to understand and discuss impacts for our business.
  • Self-motivated, resilient, and goal oriented.

Responsibilities

  • Oversee the finance function for the Middle Eastern firms, ensuring the accuracy of the books and records, statutory and regulatory returns.
  • Ensure continued Finance SME service is provided to the Continental Europe CEO as a key stakeholder, helping to prioritise and execute on Finance deliverables, joining management ExCo's and ensuring connectivity into the UK is seamlessly provided in Finance areas.
  • Constantly review the finance service provided to ensure an efficient support model is in place for Dubai and Bahrain.
  • Point of contact, regulatory officer for all finance reporting, control and governance with each of the local offices in the region.
  • Drive the appropriate finance agenda in each of the offices, meeting all required deadlines, driving process improvement and maintaining a robust control and process framework.
  • Ensure the CFO and Deputy CFO are kept up to date with all developments and KPIs for each of the offices as necessary.
  • Develop and manage the Middle Eastern Finance team and provide support and guidance on all financial reporting, budgeting and forecasting deliverables.
  • Assist Middle Eastern locations with intercompany ownership, agreement and timely settlement of outstanding balances.
  • Ownership of all required regulatory and statutory reporting, understanding local requirements, and analysing capital adequacy.
  • Point of contact with external auditors and regulators.
  • Drive cost control and management for the offices.
  • Attend Board level governance meetings.
  • Input and attendance to regular business / function meetings with key stakeholders.
  • Financial risk management for the local offices.
  • Ability to develop good relationships and work closely with all aspects of the business in all the offices when necessary, including the office MDs and local support teams.
  • Clear understanding of reporting systems and processes. Ability to identify information gaps and assist in developing systems / processes which address such gaps.
  • Establish and maintain strong communication channels with the wider finance team, promptly sharing information gained from the local offices, enabling any issues to be addressed or changes to be known.

FAQs

What is the primary role of the Chief Financial Officer at TP ICAP in Dubai?

The Chief Financial Officer is responsible for overseeing, leading, and coordinating the Finance Function for Dubai and Bahrain, ensuring accurate financial records, compliance with regulatory requirements, and effective support for key stakeholders.

Is experience in financial markets required for this role?

Yes, a strong understanding of financial markets and the specific locations in which TP ICAP operates is essential for participating in relevant discussions and decision-making processes.

What educational qualifications are required for this position?

A Master's degree (or equivalent) in Accounting, Finance, Business Administration, or Economics is required for this role.

What type of experience is essential for candidates applying for this job?

Candidates must have extensive experience as a financial executive and leader, along with experience in local regulatory (DFSA and CBB) requirements and IFRS knowledge.

Are there opportunities for career growth and development within the organization?

Yes, TP ICAP encourages candidates to apply even if they don't meet every criterion, as they believe in recognizing unique skills and abilities that can contribute to the organization.

Will the Chief Financial Officer be involved in communication with external auditors and regulators?

Yes, the CFO will act as the point of contact with external auditors and regulators for all finance reporting, control, and governance.

Does the role require frequent travel?

The position may require a limited degree of travel to relevant offices in London and the Middle East from time to time.

What skills are ideal for candidates applying for this CFO position?

Candidates should possess strong leadership, organizational, and communication skills, as well as the ability to strategize, solve problems, and work collaboratively with diverse teams.

What is the work culture like at TP ICAP?

TP ICAP promotes an inclusive culture where diverse perspectives are valued, and everyone is encouraged to contribute. They are committed to continuous cultural improvement through initiatives like the TP ICAP Accord.

Are professional qualifications in Finance considered an advantage for this position?

Yes, having professional qualifications in Finance is desirable and can enhance a candidate's profile for this role.

Finance
Industry
5001-10,000
Employees
2016
Founded Year

Mission & Purpose

We are the world’s largest inter-dealer broker, the world’s largest energy & commodities broker, and the world’s leading provider of over-the-counter (OTC) pricing data. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity and distribution of data, through responsible and innovative solutions. We operate in 28 countries and employ 5,200 people, including 2,600 brokers. Our clients include top tier investment banks and financial institutions. Through our people and technology, we connect clients to superior liquidity and data solutions across every major asset class, including Rates, FX, Credit Equities, Energy, Renewables and Digital Assets. We are home to a line up of premium brands. Each has a distinct, client-focused offering, underpinned by the financial security, operational strength and robust governance of the TP ICAP Group. Our brands include: •Tullett Prebon •ICAP •Liquidnet •Parameta Solutions •PVM.