About the job
üöÄ We‚Äôre Hiring | Chief Financial Officer (CFO)
üìç Location: Iraq
üíº Experience: 10+ Years of Experience
We are looking for an experienced Chief Financial Officer to lead the finance department in Iraq. The CFO will act as a strategic financial partner to the CEO, managing daily financial operations, liquidity, and budgets, while ensuring compliance with local requirements and delivering accurate.
üöÄ Key Requirements:
- 10+ years of professional experience in finance and accounting, with at least 5 years in a financial leadership role.
- Proven hands-on experience managing financial operations within Iraq, with strong knowledge of Iraqi tax, accounting, and regulatory requirements.
- Extensive experience in preparing financial statements, budgets, forecasts, and cash flows, as well as managing audits, banking relationships, and financial controls.
- Experience reporting to a parent company or working within a group of companies.
- Strong knowledge of financial reporting standards and practical experience with accounting systems or ERPs.
- Fluent in both Arabic and English, spoken and written.
üìç Preferred Qualifications:
- Professional certifications such as CPA, ACCA, or CMA are highly preferred.
- Previous experience in technology companies or project-based businesses.
üíº Key Responsibilities:
- Manage daily financial operations, including accounting, payments, collections, payroll, and bank accounts.
- Prepare monthly financial statements, annual budgets, and cash flow forecasts.
- Manage banking relationships and financial transfers between Iraq and Saudi Arabia, monitoring foreign exchange risks associated with the Iraqi Dinar.
- Track project revenues, costs, profitability, and invoices, and actively work on collecting receivables.
- Ensure strict compliance with Iraqi accounting, tax, and reporting requirements, coordinating with external auditors, tax advisors, and relevant authorities.
- Establish financial policies, authorities, and controls aligned requirements, and review major contracts to assess financial risks.
- Advise the CEO and the parent company on financial performance, risks, and funding needs.
- Recruit, supervise, and develop the local finance team.
üéì Education:
- Bachelor’s degree in Accounting, Finance, or a related field.
