Vice President - Corporate Finance

To lead and manage Emarat's financial strategy and operations by assessing risks, treasury, and receivables, ensuring effective cash flow management, liquidity, and investment opportunities while ensuring compliance with financial policies and regulations.

• Contribute to the development of Emarat’s vision, mission, and strategy by providing insights and recommendations that align departmental objectives with Emarat’s short, medium, and long-term goals to enhance organizational effectiveness and service delivery.

• Assist in the delegation of authority hierarchy and clarify roles and responsibilities within the team to ensure effective management and continuity of operations during personnel changes.

• Serve as a key representative for the organization, effectively communicating departmental performance and strategic initiatives to internal stakeholders and supporting the primary spokesperson in external communications.

• Create and implement innovative strategies to optimize costs and enhance efficiency within the functional department and ensure alignment with the overall department strategy, while promoting digitalization initiatives and fostering a collaborative work environment.

• Support the operational efficiency within Emarat to ensure business continuity and minimize disruptions related to the function that may affect business.

• Conduct periodic reviews of financial policies and procedures to identify improvement opportunities, ensuring best practices are implemented across all finance-related activities.

• Generate timely and accurate financial reports, including cash flow, receivables aging, and other metrics, to support management decision-making and departmental requirements.

• Manage Emarat's banking relationship including both national and international.

• Analyze cash flow and sales forecasts in collaboration with department managers to optimize resource utilization and maintain healthy daily cash balances.

• Forecast Emarat’s cash flow position, assess borrowing needs, and recommend actions to mitigate challenges arising from late payments and cash flow issues.

• Drive the corporation’s liquidity strategy, ensuring sufficient funds are available to meet obligations while making informed financing decisions within authority limits.

• Participate in feasibility studies for new projects, evaluating their financial impact on liquidity and profitability to inform strategic decision-making.

• Arrange and negotiate loan proposals with banks, ensuring the best financing solutions are secured for the corporation’s needs.

• Manage all aspects of financial risk, including liquidity, credit, and operational risks, while developing tools to analyze and report on market risks.

• Review fuel product purchase agreements and other contracts to minimize financial risks, advising on hedging strategies to mitigate interest rate and currency risks.

• Ensure all financial records and transactions are maintained in compliance with Emarat’s standards, promptly resolving discrepancies and optimizing accounting efficiencies.

• Supervise accounts receivable units to ensure timely invoicing and collection, conducting credit committee meetings to assess customer performance and payment trends.

• Establish and maintain effective relationships with external stakeholders, including bankers and legal advisors, to support Emarat’s operational objectives.

• Liaise with internal departments to assess operational impacts on cash positions, ensuring proactive communication and collaboration to meet corporate interests.

• Oversee the evaluation and management of investment opportunities, ensuring alignment with Emarat’s strategic goals and risk appetite.

• Lead the development and execution of capital structure strategy to maintain an optimal debt-to-equity mix and calculate the companies WACC.

• Model capital structure scenarios, assess cost of funding, and evaluate implications for long-term shareholder value creation.

• Drive cross-functional working capital efficiency by improving DSO, DPO, and inventory turnover across LOBs.

• Monitor and improve the company’s cash conversion cycle and free cash flow metrics.

• Prepare investor presentations, capital market disclosures, and earnings call briefings to position Emarat’s financial performance and strategic vision.

• Required: Bachelor’s degree in finance, Accounting or a related field.

• Preferred: Master’s degree or an MBA.

• Required: Minimum of 10+ years of experience with at least 5+ years’ experience in a managerial role.

• A minimum of 8 years of experience may be considered exceptional for candidates of high caliber.

• Preferred: Experience and knowledge in treasury, risk and receivables.

• Priority is for UAE National candidates.