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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 with a dynamic team.
- 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. Full-time position based in the Middle East.
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
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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 (London) 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 (London)
✨Tip Number 1
Network with professionals in the sports finance sector. Attend industry events, webinars, or conferences where you can meet key players and learn about the latest trends. This can help you gain insights and potentially get referrals for the Finance Director role.
✨Tip Number 2
Familiarise yourself with the financial regulations and tax implications specific to the UK market, especially those related to HMRC. This knowledge will not only boost your confidence but also demonstrate your readiness for the role 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 previous roles, as this is a key responsibility for the Finance Director position.
✨Tip Number 4
Research the specific financial challenges faced by sports organisations, particularly in the racket sports sector. Being able to discuss these challenges and propose strategic solutions will set you apart from other candidates and show your genuine interest in the role.
We think you need these skills to ace Finance Director, Leading Global Professional Sports Tournament - Middle East based role (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial management, particularly any roles that involved strategic planning and oversight. Emphasise your familiarity with UK regulations and any direct 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 in previous roles that demonstrate your ability to lead a finance team effectively.
Highlight Relevant Skills: Clearly outline your proficiency in financial software, especially ERP systems like Odoo. Also, mention your ability to analyse financial risks and develop strategies to mitigate them, as this is crucial for the role.
Showcase Leadership Experience: Since the role involves building and leading a finance team, include examples of your leadership experience. Discuss how you have recruited, trained, and developed finance professionals in past positions.
How to prepare for a job interview at Delta Executive Search
✨Showcase Your Financial Acumen
As a Finance Director, you'll need to demonstrate a deep understanding of financial management and accounting principles. Be prepared to discuss your experience with financial strategies, reporting, and compliance, especially in relation to the UK market and HMRC.
✨Highlight Leadership Experience
This role requires leading a finance team, so it's crucial to showcase your leadership skills. Share examples of how you've built and developed high-performing teams, and how you've fostered collaboration across departments to achieve financial goals.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and risk management skills. Prepare to discuss specific scenarios where you've identified financial risks and implemented strategies to mitigate them, as well as how you've maximised cash reserves.
✨Understand the Sports Industry Context
While prior experience in the sports industry isn't mandatory, having a solid understanding of its financial dynamics can set you apart. Research the current trends in professional sports tournaments and be ready to discuss how they might impact financial planning and strategy.
