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Chief Financial Officer - Real Estate - Saudi Arabia
Real estate news By Financial Times
08-10-2007
Our client is Saudi Arabia’s largest Real Estate Development Company providing homes for the rapidly expanding population of the Kingdom. Total assets are almost $3b and growing rapidly. They are urgently seeking an accomplished CFO to successfully manage the existing business from an accounting perspective and manage the implications of the floatation of the company on the Dubai stock exchange and subsequent shareholder and institutional communications.
Our client already has an impressive growth record spanning ten years but planned new schemes will see over 50,000 new homes built in the next decade. It is anticipated that expansion will be across the Kingdom and the region. The CFO will report to the CEO and will take full responsibility for all financial aspects of the company including funding, reporting, treasury, compliance, audit, budgeting, financial and management accounting together with project appraisal and risk assessment of future schemes.
Candidates must have previously operated in a Head of Finance role in a company with a substantial real estate development (homes) business and have ideally handled a successful floatation of a public company. It is anticipated that candidates will be qualified accountants or company secretaries who have already had international experience preferably involving time in the Middle East. A substantial, negotiable tax-free remuneration package will be available to attract a candidate of the highest calibre and will include a substantial $ six figure salary, free accommodation, healthcare and other benefits. In the first instance, write a brief covering letter, together with your r?sum? to Michael Ketley, Managing Director, MRK Consulting Limited. mike@mrk-consulting.com Alternativley, email for an informal discussion and InfoPac on Saudi Arabia.
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