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Career Opportunity
 Chief Financial Officer



 For A Leading Family Group
  Immediate Hiring Requirement
Shane Phillips Consultants
Chief Financial Officer
A Leading Dubai Based Family Office



Dear Chief Financial Officer Candidate;

The most important thing in your life is your family. The second most important thing
in your life is your career. That is why it is paramount that your career is managed by
qualified professionals. This opportunity is being presented to you by Shane Phillips
Consultants. A family business which has been in Executive Search for two generations
dating back to the 1970s when it was first called “The Phillips Group”. Over time we
have developed a deep understanding of what are the key ingredients of a successful
executive search company, one such ingredient is discretion.

You have my personal guarantee that your identity and personal details will be kept in
confidence throughout the initial stages of this selection process. Discretion is the
corner stone of our business and your anonymity will be protected as you explore this
career opportunity.

This assignment is personally being handled by myself, Shane Phillips, and If you do not
know me or have never heard of me please see my personal biography at the end of this
document or visit my website at www.shanephillips.net.

       This Document Contains the Following;

       The Opportunity                                         Pg 3

       The Role                                                Pg 3 - 6

       Candidate Qualifications                                Pg 7

       Shane Phillips Consultants Company Summary              Pg 8

       Shane Phillips Biography                                Pg 8

       Application Instructions                                Pg 8

Thank you for taking the time to review this career prospect. I look forward to the
opportunity of making a contribution to your success in the near future. Should you
have any questions please contact me directly at +971 50 940 7537 or email me at
shane@shanephillips.net as I will be delighted to take your call.

Sincerely,




Shane Phillips
Managing Director
CFO Search
  Dubai Based Family Holding Office


The Opportunity

With a history of over half a century this Dubai based family group is
one of the foundation stones of the United Arab Emirates. With strong
ties to both private and public sector clients this group has laid the
solid bedrock required to spring board into the 21st Century. This
prestigious group consists of more than 20 companies, offering a
diverse portfolio of services and products throughout the UAE and GCC
in four key business sectors - construction, commercial, investments
and real estate. The family owned business is run independently as
well as in partnership with some of the world's leading brands.

The Chief Financial Officer will report directly to the CEO and work
hand in hand with the CXO team during this exciting time. With the
financial crisis behind us and some of the biggest opportunities for
growth the world has ever witnessed in front of us, the preferred
candidate will be spearheading a restructuring and change
management initiative to position the organization for the next phase
of their expansion.

With a history of over half a century this Dubai based family group is
one of the foundation stones of the United Arab Emirates. With strong
The Role
ties to both private and public sector clients this group has laid the
solid bedrock required to spring board into the 21st Century. This
prestigious group consists of more than 20 companies, offering a
diverse portfolio of services and products throughout the UAE and GCC
Corporate Strategy
in four key business sectors - construction, commercial, investments
and real estate. The family owned business is run independently as
The CFO will participate in the development of a value-maximizing the
well as in partnership with some of the world's leading brands.
overall corporate strategy for the company complimented by strategic
planning to determine the overall direction of group’s business. This
The Chief Financial Officer will report directly to the CEO and work
will involve assessment of the financial status, risk assessment and
hand in hand with the CXO team during this exciting time. With the
mitigation, understanding of total company strengths and weaknesses,
financial crisis behind us and some of the biggest opportunities for
and use of analytical models to gain insights into group's current
growth the world has ever witnessed the preferred candidate will be
position and opportunities for future growth.
spearheading a restructuring and change management initiative to
position them for the next phase of their growth.
CFO Search
  Dubai Based Family Holding Office



The Role (Continued)


Corporate Strategy (Continued)

The CFO will have an active role in assisting management in strategic
initiatives such as M&A, JVs, etcetera, that the company might
contemplate from time to time. The CFO is expected to:

        Ensuring that plans are in place to create maximum value for
         the company from its current businesses.
        Assessing the value creation potential of plans on an ongoing
         basis.
        Ensuring that plans focus on key issues by (1) challenging key
         assumptions and the rationale for changes in performance,
         and (2) providing external reference points for value creation
         opportunities (for example, value of the businesses to
         alternative owners).
        Acting as a sounding board for the CEO and Group heads on
         critical proposals.
        Establishing financial measurement standards and developing
         systems to monitor performance against goals.
        Supporting the development of corporate expansion strategies
         to create additional owners value.
        Developing perspectives on market opportunities in
         businesses closely related to current businesses.
        Conducting business and financial evaluation of specific
         proposals.

Financial Strategy:

   The CFO will have responsibility for developing, recommending,
   and executing an overall financial strategy for the company that
   supports its business strategies and captures maximum value for
   its shareholders.

       Developing and creating capital structure.
       Designing and managing a strategy for communicating the key
        elements of the company’s plans and performance to (future)
        investors and the financial community.
       Institutes disciplined risk management strategies and financial
        controls;
       Develops financial strategies by forecasting capital, facilities,
        and staff requirements; identifying monetary resources;
        developing action plans.
       Negotiating and executing all major financial transactions, as
        required from time to time.
CFO Search
  Dubai Based Family Holding Office



The Role (continued)

Financial Management:

  As the Head of Finance, the CFO will be responsible for managing
  Group’s financial reporting, including the preparation of
  management accounts and submissions to auditors. The CFO will
  have primary responsibility for external audits and preparation
  and finalization of annual reports and annual financial statements.

     Preparation of regular financial reports for Senior Management,
      including appropriate analysis of trends, performance and
      sustainability;
     Maintenance of accurate and complete financial records;
     Reports financial status by developing forecasts; reporting
      results; analyzing variances; developing improvements
     Monitors financial performance by setting appropriate Key
      Financial Indicators (KPIs), measuring and analyzing results;
      initiating corrective actions; minimizing the impact of
      variances.
     Implementation and management of a comprehensive financial
      and accounts management system for the company and the
      development and implementation of appropriate accounting
      policies;
     Develop and implement appropriate control processes and
      systems for the Finance and Accounting function;
     Ensuring that all external reporting and compliance obligations
      are fulfilled.
     Establishing controls to safeguard the company’s assets.
     Ensuring the integrity and efficiency of cash, receivables, and
      payables management.
     Pursuing opportunities to reduce the company’s tax burden.
     Establishment and maintenance of relationships with lending
      institutions, shareholders and the financial community. This is
      to include maintaining strong day-to-day relationships with the
      company’s banks, and taking responsibility for ensuring that
      credit facilities are available as and when required.
CFO Search
 Dubai Based Family Holding Office



The Role (continued)

Budgeting and management control:

  As the senior Finance specialist the successful candidate will take
  responsibility for all financial forecasts and planning, including
  budgets, revenue forecasts, cost forecasts, capital requirements,
  and cash needs. They will manage banking and credit relationships
  and shareholder funding when necessary.

     Preparation and regular updates of the firm’s business plan,
      including revenue forecasts, and growth rates.
     Preparation and submission of annual budgets for approval by
      shareholders;
     Ensure that the firm’s cash needs are accurately forecast and
      adequately provided for at all times; and
     As necessary, identify the timing and quantum of capital
      required, and take the lead in ensuring that additional capital is
      raised.
     Maintain a regular dialogue with other Senior Management and
      shareholders on the firm’s financial condition, future capital
      requirements and performance against plans;
     Develop and maintain strong working relationships with banks
      and credit providers
     The CFO will design and implement processes to ensure
      company’s senior managers have the right information to set
      goals, make decisions, and monitor performance.
     Coordinate the preparation of short-term budgets.
     Develop key performance measures for each business group.
     Ensure that business groups have adequate management
      controls in place.
     Evaluating business-group performance in conjunction with the
      CEO and Group heads.
CFO Search
 Dubai Based Family Holding Office



Candidate Qualifications

 Key Strengths and Abilities
     Candidates for the role of CFO should have;

      Team player with ability to build consensus in a group setting.
      Excellent team management skills.
      Strong financial analysis and risk identification skills, and solid
       technical skills, including detailed working knowledge of
       applicable accounting standards (IAS/US GAAP). Knowledge of
       Securities market rules applicable in the Middle East is a plus.
      Ability to work on several major projects at the same time, and
       coordinate multiple tasks simultaneously.
      Strong interpersonal skills.
      Good presentation skills and the ability to present complex
       strategies concisely and clearly to shareholders, Board
       members and senior management.
      Good business sense, with the ability to analyze complex
       transactions and identify key elements and issues that are
       important to reach sound conclusions.
      Creative approach to problem solving.
      Familiarity with financial modelling, risk management,
       budgeting, and planning software.

 Experience and Credentials Required

     12+ years of prior experience in Finance, consulting or auditing
     and accounting and/or a combination with industry experience.
     Candidates must have direct management experience in industry
     or finance. Candidates must have experience of working with key
     financial management software, and experience in the
     implementation of such systems is preferred.

 Educational and Background Checks will be performed:

     Please note all candidates will undergo a vigorous background
     check of vocational and educational credentials. Those candidates
     with unaccredited degrees need not apply. Reference checks will
     also be performed. This is the standard policy and procedure of
     Shane Phillips Consultants.

 Please note applications or enquiries sent directly to the Client will not
 be entertained.

 All communication and applicants for this role must be handled by
 Shane Phillips Consultants. Please email your interest directly to
 Shane@shanephillips.net.
CFO Search
   Dubai Based Family Holding Office


Shane Phillips Consultants

Shane Phillips Consultants is a boutique executive search firm
specializing in placements in the Middle East. The firm planted its
roots in the 1970s in Canada where The Phillips Group was first
founded. After the retirement of Carl A. Phillips the business was
closed for a period of years only to be re-opened in Dubai. With two
generations of Executive Search experience, Shane Phillips Consultants
offers high touch bespoke service for clients looking to hire the best
people.     Services offered include Executive Search, Executive
Assessment, Recruitment Process Outsourcing, and Training &
Development.

Shane Phillips Biography

Shane is a leading Executive Search Consultant in the Middle East
Region and is the Managing Director of Shane Phillips Consultants, a
local boutique search firm. Given his passion for the employment
market, Shane has his own show on Dubai Eye 103.8 every Thursdays
at 8pm called “Eye On Careers”. Shane is also a monthly writer for CEO
Magazine, Global Citizen Magazine and an expert in Senior Executive
job placement.

Shane has an MBA from London Business School, and an
undergraduate degree in Psychology from the University of British
Columbia. He is a Non Executive Board Member of Fortis Group
Holdings and Founder of Big Brothers Big Sisters UAE. He was
formerly a Board Member of the Canadian Business Council, President
of the Club for Canadians and a volunteer with Special Families
Support Group.

To Apply for this Position;

Please send your CV in word format by email to the below address or
feel free to me on my mobile should you have any questions about the
position.

I look forward to the opportunity to make a value added contribution
to your career.




Shane Phillips, Managing Director
Shane Phillips Consultants
Email: Shane@shanephillips.net
Mobile: +971 50 940 7537
CFO Opportunity - Dubai Family Group

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CFO Opportunity - Dubai Family Group

  • 1. Career Opportunity Chief Financial Officer For A Leading Family Group Immediate Hiring Requirement
  • 2. Shane Phillips Consultants Chief Financial Officer A Leading Dubai Based Family Office Dear Chief Financial Officer Candidate; The most important thing in your life is your family. The second most important thing in your life is your career. That is why it is paramount that your career is managed by qualified professionals. This opportunity is being presented to you by Shane Phillips Consultants. A family business which has been in Executive Search for two generations dating back to the 1970s when it was first called “The Phillips Group”. Over time we have developed a deep understanding of what are the key ingredients of a successful executive search company, one such ingredient is discretion. You have my personal guarantee that your identity and personal details will be kept in confidence throughout the initial stages of this selection process. Discretion is the corner stone of our business and your anonymity will be protected as you explore this career opportunity. This assignment is personally being handled by myself, Shane Phillips, and If you do not know me or have never heard of me please see my personal biography at the end of this document or visit my website at www.shanephillips.net. This Document Contains the Following; The Opportunity Pg 3 The Role Pg 3 - 6 Candidate Qualifications Pg 7 Shane Phillips Consultants Company Summary Pg 8 Shane Phillips Biography Pg 8 Application Instructions Pg 8 Thank you for taking the time to review this career prospect. I look forward to the opportunity of making a contribution to your success in the near future. Should you have any questions please contact me directly at +971 50 940 7537 or email me at shane@shanephillips.net as I will be delighted to take your call. Sincerely, Shane Phillips Managing Director
  • 3. CFO Search Dubai Based Family Holding Office The Opportunity With a history of over half a century this Dubai based family group is one of the foundation stones of the United Arab Emirates. With strong ties to both private and public sector clients this group has laid the solid bedrock required to spring board into the 21st Century. This prestigious group consists of more than 20 companies, offering a diverse portfolio of services and products throughout the UAE and GCC in four key business sectors - construction, commercial, investments and real estate. The family owned business is run independently as well as in partnership with some of the world's leading brands. The Chief Financial Officer will report directly to the CEO and work hand in hand with the CXO team during this exciting time. With the financial crisis behind us and some of the biggest opportunities for growth the world has ever witnessed in front of us, the preferred candidate will be spearheading a restructuring and change management initiative to position the organization for the next phase of their expansion. With a history of over half a century this Dubai based family group is one of the foundation stones of the United Arab Emirates. With strong The Role ties to both private and public sector clients this group has laid the solid bedrock required to spring board into the 21st Century. This prestigious group consists of more than 20 companies, offering a diverse portfolio of services and products throughout the UAE and GCC Corporate Strategy in four key business sectors - construction, commercial, investments and real estate. The family owned business is run independently as The CFO will participate in the development of a value-maximizing the well as in partnership with some of the world's leading brands. overall corporate strategy for the company complimented by strategic planning to determine the overall direction of group’s business. This The Chief Financial Officer will report directly to the CEO and work will involve assessment of the financial status, risk assessment and hand in hand with the CXO team during this exciting time. With the mitigation, understanding of total company strengths and weaknesses, financial crisis behind us and some of the biggest opportunities for and use of analytical models to gain insights into group's current growth the world has ever witnessed the preferred candidate will be position and opportunities for future growth. spearheading a restructuring and change management initiative to position them for the next phase of their growth.
  • 4. CFO Search Dubai Based Family Holding Office The Role (Continued) Corporate Strategy (Continued) The CFO will have an active role in assisting management in strategic initiatives such as M&A, JVs, etcetera, that the company might contemplate from time to time. The CFO is expected to:  Ensuring that plans are in place to create maximum value for the company from its current businesses.  Assessing the value creation potential of plans on an ongoing basis.  Ensuring that plans focus on key issues by (1) challenging key assumptions and the rationale for changes in performance, and (2) providing external reference points for value creation opportunities (for example, value of the businesses to alternative owners).  Acting as a sounding board for the CEO and Group heads on critical proposals.  Establishing financial measurement standards and developing systems to monitor performance against goals.  Supporting the development of corporate expansion strategies to create additional owners value.  Developing perspectives on market opportunities in businesses closely related to current businesses.  Conducting business and financial evaluation of specific proposals. Financial Strategy: The CFO will have responsibility for developing, recommending, and executing an overall financial strategy for the company that supports its business strategies and captures maximum value for its shareholders.  Developing and creating capital structure.  Designing and managing a strategy for communicating the key elements of the company’s plans and performance to (future) investors and the financial community.  Institutes disciplined risk management strategies and financial controls;  Develops financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; developing action plans.  Negotiating and executing all major financial transactions, as required from time to time.
  • 5. CFO Search Dubai Based Family Holding Office The Role (continued) Financial Management: As the Head of Finance, the CFO will be responsible for managing Group’s financial reporting, including the preparation of management accounts and submissions to auditors. The CFO will have primary responsibility for external audits and preparation and finalization of annual reports and annual financial statements.  Preparation of regular financial reports for Senior Management, including appropriate analysis of trends, performance and sustainability;  Maintenance of accurate and complete financial records;  Reports financial status by developing forecasts; reporting results; analyzing variances; developing improvements  Monitors financial performance by setting appropriate Key Financial Indicators (KPIs), measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.  Implementation and management of a comprehensive financial and accounts management system for the company and the development and implementation of appropriate accounting policies;  Develop and implement appropriate control processes and systems for the Finance and Accounting function;  Ensuring that all external reporting and compliance obligations are fulfilled.  Establishing controls to safeguard the company’s assets.  Ensuring the integrity and efficiency of cash, receivables, and payables management.  Pursuing opportunities to reduce the company’s tax burden.  Establishment and maintenance of relationships with lending institutions, shareholders and the financial community. This is to include maintaining strong day-to-day relationships with the company’s banks, and taking responsibility for ensuring that credit facilities are available as and when required.
  • 6. CFO Search Dubai Based Family Holding Office The Role (continued) Budgeting and management control: As the senior Finance specialist the successful candidate will take responsibility for all financial forecasts and planning, including budgets, revenue forecasts, cost forecasts, capital requirements, and cash needs. They will manage banking and credit relationships and shareholder funding when necessary.  Preparation and regular updates of the firm’s business plan, including revenue forecasts, and growth rates.  Preparation and submission of annual budgets for approval by shareholders;  Ensure that the firm’s cash needs are accurately forecast and adequately provided for at all times; and  As necessary, identify the timing and quantum of capital required, and take the lead in ensuring that additional capital is raised.  Maintain a regular dialogue with other Senior Management and shareholders on the firm’s financial condition, future capital requirements and performance against plans;  Develop and maintain strong working relationships with banks and credit providers  The CFO will design and implement processes to ensure company’s senior managers have the right information to set goals, make decisions, and monitor performance.  Coordinate the preparation of short-term budgets.  Develop key performance measures for each business group.  Ensure that business groups have adequate management controls in place.  Evaluating business-group performance in conjunction with the CEO and Group heads.
  • 7. CFO Search Dubai Based Family Holding Office Candidate Qualifications Key Strengths and Abilities Candidates for the role of CFO should have;  Team player with ability to build consensus in a group setting.  Excellent team management skills.  Strong financial analysis and risk identification skills, and solid technical skills, including detailed working knowledge of applicable accounting standards (IAS/US GAAP). Knowledge of Securities market rules applicable in the Middle East is a plus.  Ability to work on several major projects at the same time, and coordinate multiple tasks simultaneously.  Strong interpersonal skills.  Good presentation skills and the ability to present complex strategies concisely and clearly to shareholders, Board members and senior management.  Good business sense, with the ability to analyze complex transactions and identify key elements and issues that are important to reach sound conclusions.  Creative approach to problem solving.  Familiarity with financial modelling, risk management, budgeting, and planning software. Experience and Credentials Required 12+ years of prior experience in Finance, consulting or auditing and accounting and/or a combination with industry experience. Candidates must have direct management experience in industry or finance. Candidates must have experience of working with key financial management software, and experience in the implementation of such systems is preferred. Educational and Background Checks will be performed: Please note all candidates will undergo a vigorous background check of vocational and educational credentials. Those candidates with unaccredited degrees need not apply. Reference checks will also be performed. This is the standard policy and procedure of Shane Phillips Consultants. Please note applications or enquiries sent directly to the Client will not be entertained. All communication and applicants for this role must be handled by Shane Phillips Consultants. Please email your interest directly to Shane@shanephillips.net.
  • 8. CFO Search Dubai Based Family Holding Office Shane Phillips Consultants Shane Phillips Consultants is a boutique executive search firm specializing in placements in the Middle East. The firm planted its roots in the 1970s in Canada where The Phillips Group was first founded. After the retirement of Carl A. Phillips the business was closed for a period of years only to be re-opened in Dubai. With two generations of Executive Search experience, Shane Phillips Consultants offers high touch bespoke service for clients looking to hire the best people. Services offered include Executive Search, Executive Assessment, Recruitment Process Outsourcing, and Training & Development. Shane Phillips Biography Shane is a leading Executive Search Consultant in the Middle East Region and is the Managing Director of Shane Phillips Consultants, a local boutique search firm. Given his passion for the employment market, Shane has his own show on Dubai Eye 103.8 every Thursdays at 8pm called “Eye On Careers”. Shane is also a monthly writer for CEO Magazine, Global Citizen Magazine and an expert in Senior Executive job placement. Shane has an MBA from London Business School, and an undergraduate degree in Psychology from the University of British Columbia. He is a Non Executive Board Member of Fortis Group Holdings and Founder of Big Brothers Big Sisters UAE. He was formerly a Board Member of the Canadian Business Council, President of the Club for Canadians and a volunteer with Special Families Support Group. To Apply for this Position; Please send your CV in word format by email to the below address or feel free to me on my mobile should you have any questions about the position. I look forward to the opportunity to make a value added contribution to your career. Shane Phillips, Managing Director Shane Phillips Consultants Email: Shane@shanephillips.net Mobile: +971 50 940 7537