Finance Director, Leading Global Professional Sports Tournament - Middle East based role
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Background:
Our client, a leading professional racket sports tournament backed by the official federation and a sovereign sports investment vehicle, seeks a Finance Director based in the Middle East.
Reporting to the CEO, the Finance Director will oversee all financial aspects of the organization, lead the finance department, and ensure strategic financial planning, accurate reporting, and financial optimization.
The ideal candidate will have UK market experience, including direct interaction with HMRC, as the company maintains a UK-based entity. Experience in the sports industry is not mandatory but advantageous.
Responsibilities:
* Develop and implement financial strategies supporting the company's objectives.
* Oversee preparation of financial statements, reports, performance analysis, and forecasts for accurate financial planning.
* Monitor and manage cash flow to meet liquidity and working capital needs.
* Recommend strategies to maximize cash reserves and reduce financing costs.
* Manage payments to vendors, employees, and stakeholders ensuring accuracy and timeliness.
* Liaise with external auditors, financial institutions, and key stakeholders.
* Manage relationships with financial stakeholders, including banks, vendors, and investors.
* Create and manage budgets and financial plans aligned with strategic goals.
* Collaborate with department heads to develop detailed budget forecasts.
* Analyze variances and provide insights to the executive team.
* Identify and mitigate financial risks proactively.
* Supervise accounting functions, payroll, and financial controls.
* Provide financial guidance to senior management and stakeholders.
* Identify cost-saving opportunities and efficiency improvements.
* Build and lead a high-performing finance team through recruitment and development.
Qualifications:
* 12+ years of experience as a Finance Director, Financial Controller, or similar role, preferably in sports or related industries.
* Bachelor’s degree in Finance, Accounting, Economics, or related field; Master’s degree or CPA preferred.
* Strong knowledge of financial management, accounting principles, and compliance.
* Proficiency in ERP/financial software (Odoo preferred).
* Fluent in English; Spanish fluency is a plus.
Seniority level
* Director
Employment type
* Full-time
Job function
* Accounting/Auditing and Finance
Industries
* Financial Services, Sports Teams and Clubs, Investment Management
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