Chief Financial Officer or equivalent
Core Competencies
The Chief Financial Officer/ Head of Financial Control should have:
(a) A clear understanding of the roles and responsibilities associated with the position;(b) A good understanding of financial services activity relevant to the licensee and the wider industry and its regulatory environment;(c) The relevant experience and qualifications to fulfill his responsibilities;(d) Strong understanding of financial analysis, budgeting, forecasting, and financial reporting;(e) Ability to manage financial operations and drive business growth;(f) A good knowledge and understanding of international accounting standards and how they are applied in a business context, including IFRS, and where appropriate AAOIFI;(g) Good knowledge of valuation practices for different classes of assets; and(h) Good knowledge of impairment provisions and the underlying measurement process.Added: March 2025Experience and Qualifications
(a) A minimum experience of 5 to 7 years in a finance function; and(b) Hold a relevant academic/professional qualification which include, but are not limited to:
(i) The Association of Chartered Certified Accountants (ACCA);(ii) Certified Public Accountant (CPA), US, Canada, Philippines or equivalent;(iii) Members of the institutes of chartered accountancy (ACA or FCA qualifications) of UK, Australia, New Zealand, India, Pakistan, Sri Lanka etc(iv) Chartered Financial Analyst (CFA), USA;(v) Certified Islamic Professional Accountant (CIPA) from AAOIFI.Added: March 2025