Job Description
About Us
Headquartered in Singapore, SATS Ltd. is one of the world's largest providers of air cargo handling services and Asia's leading airline caterer. SATS Gateway Services provides airfreight and ground handling services including passenger services, ramp and baggage handling, aviation security services, aircraft cleaning and aviation laundry. SATS Food Solutions serves airlines and institutions, and operates central kitchens with large-scale food production and distribution capabilities for a wide range of cuisines.
SATS is present in the Asia-Pacific, the Americas, Europe, the Middle East and Africa, powering an interconnected world of trade, travel and taste. Following the acquisition of Worldwide Flight Services (WFS) in 2023, the combined SATS and WFS network operates over 215 stations in 27 countries. These cover trade routes responsible for more than 50% of global air cargo volume. SATS has been listed on the Singapore Exchange since May 2000. For more information, please visit www.sats.com.sg
Why Join Us
At SATS, people are our greatest asset and we build our success on the knowledge, expertise and performance of every contributor, by embracing diversity and uniqueness. As part of our holistic approach and commitment to embracing FAM (Fulfilling, Appreciated, Meaningful) in the workplace, we offer the runway to develop Fulfilling careers that foster your career growth, recognizing and Appreciating the strength of talent and capabilities that we continue to build internally; and inspiring and encouraging each other to make Meaningful contributions in the work we do at SATS.
POSITION DESCRIPTIONS
Job Title: Chief Financial Officer
Company: SATS Saudi Arabia Company ( LLC)
Reports to: Chief Executive Officer
Dotted-line reporting: Head, Finance Business Partner (Gateway APAC) and Regional Finance, SATS
Role Responsibility
The Chief Financial Officer role involves the management of financial planning, development of strategy, assessment of investments, budgeting, reporting and analysis, to ensure that the company's finances are being used in an effective manner to meet overall objectives. The CFO plays a crucial role in guiding the financial health of the organization and contributing to its overall success.
Role Duties
- Strategic financial planning & analysis: developing and implementing the company's financial strategies, including long-term financial planning, budgeting, and forecasting.
- Financial reporting: ensuring accurate and timely financial reporting to internal and external stakeholders. This entails preparing financial statements, regulatory compliance, and communicating financial results.
- Risk management: identifying and managing financial risks that could impact the company's performance. This may involve implementing risk mitigation strategies and compliance with regulatory requirements.
- Budgeting & Forecasting: leading annual budgeting and rolling forecast. Aligning budgets with strategic objectives and monitoring performance against target.
- Treasury management: overseeing the management of the company's finances, including cash flow, working capital, and investment decisions.
- Financial analysis: conducting financial analysis to provide insights into the company's performance, profitability, and efficiency, including assessing the financial impact of business decisions.
- Relationship management: collaborating with other departments, external auditors, financial institutions, and investors. Building and maintaining strong relationships with key stakeholders, not only aids the Finance personnel within their current seat, but aids future progression.
- Compliance and governance: ensuring compliance with financial regulations and internal governance policies, including implementing and maintaining effective internal controls.
- Strategic decision support: providing financial insights and recommendations to support strategic decision-making by the executive team and the board of directors.
Traits
- Experience in aviation industry, warehouse operations or logistics would be advantageous.
- Possess good presentation skills in particular presenting to key stakeholders (Board of Directors, shareholders, key customers and international group of companies).
- Willing to travel across Saudi stations.
- Team Management- able to manage and guide a team of accountants and financial professionals
- Experience in managing extended functions, such as Procurement / Facility Management / Office Administration when needed.
Minimum working experience:
- Minimum 10 years in a similar CFO or Head of Finance position
Education or Qualification:
- Bachelor's Degree: a bachelor's degree in finance, accounting, business administration, or a related field is essential.
- Advanced Degree: Master's Degree (such as an MBA) will be advantageous.
- CPA or ACCA accredited or equivalent professional qualification
- Strong knowledge of Saudi tax laws, Zakat, VAT, and compliance requirements.
- Advanced proficiency in financial modeling and MS Excel.
- Excellent analytical, problem-solving, and communication skills.
