CFO - Pharmaceutical

Faruk holding

Key Responsibilities:

• Financial Strategy and Planning:
  • Develop and implement the company s financial strategy in alignment with its business goals.
  • Lead the financial planning and analysis process, including budgeting, forecasting, and long-term financial planning.
  • Provide strategic recommendations to the CEO and executive team based on financial analysis and projections.
  • Monitor industry trends, economic indicators, and market conditions to inform financial strategies.
• Financial Management and Reporting:
  • Oversee the preparation of accurate and timely financial reports, including income statements, balance sheets, and cash flow statements.
  • Ensure compliance with local and international accounting standards and regulations.
  • Manage the company s financial operations, including accounts payable, accounts receivable, payroll, and tax filings.
  • Present financial reports to the board of directors, investors, and other stakeholders.
• Risk Management:
  • Identify and manage financial risks, including currency fluctuations, credit risk, and operational risks.
  • Develop and implement internal controls to safeguard the company s assets and ensure financial integrity.
  • Oversee the company s insurance policies and risk mitigation strategies.
• Capital Management:
  • Manage the company s capital structure, including debt and equity financing.
  • Oversee treasury functions, including cash management, investments, and banking relationships.
  • Evaluate and manage potential mergers, acquisitions, and divestitures.
• Team Leadership:
  • Lead, mentor, and develop the finance team to ensure high performance and professional growth.
  • Foster a culture of continuous improvement, innovation, and accountability within the finance department.
  • Collaborate with other departments to ensure alignment on financial objectives and business strategies.
• Compliance and Governance:
  • Ensure compliance with all financial regulations, including local tax laws, financial reporting standards, and corporate governance requirements.
  • Liaise with external auditors, regulatory bodies, and legal advisors as needed.
  • Oversee the company s financial audits and ensure timely resolution of any audit findings.
• Strategic Partnerships:
  • Build and maintain relationships with key stakeholders, including investors, banks, and industry partners.
  • Participate in strategic discussions and decision-making processes at the executive level.

Qualifications:

• Education:
  • Bachelor s degree in Finance, Accounting, or a related field; MBA or CPA/CA certification preferred.
• Experience:
  • Minimum of 10 years of experience in finance, with at least 5 years in a senior leadership role, preferably in the pharmaceutical or healthcare industry.
  • Proven track record of managing financial operations in complex, fast-paced environments.
• Skills:
  • Strong financial acumen with a deep understanding of financial management, accounting principles, and regulatory requirements.
  • Excellent leadership, communication, and interpersonal skills.
  • Strategic thinker with the ability to drive financial performance and support business growth.
  • Proficiency in financial software and ERP systems.
  • Experience in managing mergers, acquisitions, and capital markets is a plus.
• Language:
  • Fluency in English is required; proficiency in Arabic or Kurdish is an advantage.

Additional Requirements:

• Willingness to travel as needed.
• Strong understanding of the economic and regulatory environment in Iraq and the broader Middle East region.