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- Tasks: Lead financial strategies and oversee all financial operations for a top sports tournament.
- Company: Join a prestigious racket sports tournament backed by a sovereign investment vehicle.
- Benefits: Enjoy competitive salary, potential remote work, and opportunities for professional growth.
- Why this job: Be part of an exciting industry, shaping the future of sports finance in the Middle East.
- Qualifications: 12+ years in finance roles, ideally with a background in sports or related fields.
- Other info: Fluency in English is essential; Spanish is a plus!
The predicted salary is between 54000 - 84000 £ per year.
Finance Director, Leading Global Professional Sports Tournament – Middle East based role
Direct message the job poster from Delta Executive Search
Our client, a leading professional racket sports tournament backed by the official federation as well as a sovereign sports investment vehicle, is looking to add a Finance Director to be based in the Middle East.
Reporting to the CEO, The Finance Director is responsible for overseeing all financial aspects of the organization and leading the finance department, ensuring strategic financial planning, regular reporting internally and externally, and optimizing the finances of the business.
The ideal candidate will have experience in the UK market, including direct interactions with HMRC, as the company maintains a UK-based entity. While prior experience in the sports industry is not a requirement, it would be considered advantageous.
Responsibilities:
- Develop and implement financial strategies and best practices to support the company’s objectives.
- Oversee the preparation of financial statements, reports, performance analysis and forecasts to ensure accurate financial planning.
- Monitor and manage cash flow to ensure the company\’s liquidity and working capital requirements are met.
- Recommend strategies for maximizing cash reserves and minimizing any financing costs.
- Issue and collect payments to vendors, employees, and stakeholders while ensuring accuracy and timeliness.
- Liaise with external auditors, financial institutions, and key stakeholders (event promoters, service providers, etc.).
- Manage and nurture relationships with financial stakeholders, including banks, vendors, and investors.
- Develop and manage comprehensive budgets and financial plans, built on an understanding of the firm\’s strategic objectives and the inputs of management.
- Collaborate with department heads to create detailed budget forecasts, ensuring that all commercial performances, pipelines, and associated cost centres are accurately represented.
- Analyse variances from the budget and provide insights to the executive team.
- Identify, assess, and manage financial risks, proactively implementing strategies to mitigate potential challenges and seize opportunities.
- Supervise accounting functions, payroll, and financial controls.
- Provide financial guidance and recommendations to senior management and stakeholders.
- Identify cost-saving opportunities and efficiency improvements.
- Build and lead a high-performing finance team by recruiting, training, and developing finance professionals.
Qualifications:
- 12+ years of proven experience as a Finance Director, Financial Controller, or a similar role, preferably in a sports organization or related industry (or a demonstrated understanding of the industry if not).
- Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s degree or CPA preferred).
- Strong knowledge of financial management, accounting principles, and regulatory compliance.
- Proficiency in ERP/ financial software (Odoo preferred).
- Business fluency in English is mandatory. Candidates with business fluency in Spanish will be viewed favourably.
Seniority level
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Seniority level
Director
Employment type
-
Employment type
Full-time
Job function
-
Job function
Accounting/Auditing and Finance
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Industries
Financial Services, Sports Teams and Clubs, and Investment Management
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Finance Director, Leading Global Professional Sports Tournament - Middle East based role employer: Delta Executive Search
Contact Detail:
Delta Executive Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Director, Leading Global Professional Sports Tournament - Middle East based role
✨Tip Number 1
Network with professionals in the sports finance sector. Attend industry events or webinars where you can meet key players and learn about the latest trends. This will not only enhance your knowledge but also increase your visibility to potential employers.
✨Tip Number 2
Familiarise yourself with the financial regulations and practices specific to the UK market, especially those related to HMRC. Understanding these nuances will give you an edge during discussions with the hiring team.
✨Tip Number 3
Showcase your leadership skills by discussing your experience in building and managing high-performing teams. Prepare examples of how you've successfully developed finance professionals in your previous roles, as this is a key aspect of the Finance Director position.
✨Tip Number 4
Research the specific financial challenges faced by sports organisations in the Middle East. Being able to discuss these challenges and propose strategic solutions will demonstrate your proactive approach and understanding of the role.
We think you need these skills to ace Finance Director, Leading Global Professional Sports Tournament - Middle East based role
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly any roles that involved strategic financial planning and reporting. Emphasise your familiarity with the UK market and any interactions with HMRC.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the sports industry and how your financial expertise can contribute to the success of the tournament. Mention any specific achievements that demonstrate your ability to manage finances effectively.
Highlight Leadership Experience: Since the role involves leading a finance team, be sure to showcase your leadership skills and experience in managing teams. Provide examples of how you've built high-performing teams in previous roles.
Showcase Financial Acumen: Discuss your proficiency in financial management and accounting principles. If you have experience with ERP or financial software like Odoo, make sure to mention it, as this will strengthen your application.
How to prepare for a job interview at Delta Executive Search
✨Understand the Financial Landscape
Make sure you have a solid grasp of the financial regulations and practices relevant to the UK market, especially those involving HMRC. This knowledge will demonstrate your readiness to handle the financial aspects of the role effectively.
✨Showcase Your Strategic Thinking
Prepare to discuss how you've developed and implemented financial strategies in previous roles. Highlight specific examples where your strategic planning led to improved financial performance or risk management.
✨Emphasise Team Leadership Skills
As a Finance Director, leading a high-performing team is crucial. Be ready to share your experiences in recruiting, training, and developing finance professionals, and how you foster a collaborative environment.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities, such as how you would handle cash flow issues or budget variances. Think through potential scenarios and your approach to managing them effectively.
