• 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 2025

    • Experience 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