Description
The Regional Chief Financial Officer (CFO) cum Chief Accountant provides strategic and operational leadership for the Finance function across all legal entities in Uzbekistan (including real estate, solar energy, banking subsidiaries and digital mining). Regional Chief Financial Officer (CFO) cum Chief Accountant ensures timely, accurate IFRS/statutory reporting, robust internal controls, regulatory compliance, tax efficiency, liquidity management, and business partnering to drive growth and profitability.
Tasks
•Lead and oversee the finance strategy across all entities (currently nine).
•Maintain an effective finance organization structure, ensure succession planning, and build team capabilities.
•Foster a culture of integrity and enforce strong governance controls.
•Oversee monthly, quarterly, and annual closes.
•Consolidate local entities and deliver IFRS-compliant financial statements and statutory reports.
•Manage internal and external audits, ensuring timely completion and clean audit opinions.
•Ensure full compliance with the Tax Code, e-invoicing (ESF), Uzbekistan Government rules for banking entities, and sector-specific regulations (real estate, energy).
•Ensure ESF issuance/receipt and preparation of VAT, CIT, WHT, and payroll tax filings.
•Guarantee timely tax payments and maintain complete documentation for inspections.
•Lead tax planning initiatives and manage inspections, audits, and dispute resolutions.
•Oversee cash forecasting, liquidity buffers, FX risk policy, intercompany funding, dividend planning.
•Own bank mandates/signatory matrix.
•Optimize capital structure and cost of funds.
•Maintain FA register (IAS 16), CIP realization, and project cost tracking (real estate, solar, etc.).
•Perform impairment reviews under IAS 36.
•Coordinate with bank finance teams on IFRS 9 classifications.
•Provide data for expected credit loss calculations and Uzbekistan reporting inputs.
•Own the annual budget, medium-term plan, quarterly reforecasts, and monthly close-to-plan variance analysis.
•Set and monitor financial KPIs.
•Ensure capital allocation discipline and post-investment reviews.
•Support investment evaluations for projects in real estate, renewable energy (solar farms), banking, and digital mining.
•Review contracts, pricing models, and drive performance improvement initiatives across the business.
•Oversee fraud risk management and whistleblowing channels in coordination with Group.
•Identify, assess and mitigate financial, compliance, and operational risks.
•Maintain contingency plans and ensure adequate insurance coverage.
Requirements
•Bachelor's degree in accounting/finance/economics.
•Advanced English proficiency (written and spoken); able to communicate effectively in a professional, international setting.
•Fluency in Uzbek and Russian.
•10+ years in Finance with 5+ years in leadership roles.
•In-depth knowledge of IFRS and Uzbekistan tax/statutory requirements.
•Proficiency with 1C/ERP and advanced Excel.
•Familiarity with NBU (National Bank of Uzbekistan) regulations.
•Strategic thinking, executive communication, stakeholder influence.
•Strong technical accounting (IFRS), consolidation, and financial analysis.
•Treasury management, FX, funding, and banking relationship management.
•Process design, internal controls, and systems/ERP proficiency (1C or similar).
•People leadership, coaching, and change management.
•Experience working in a developer of real estate projects for at least 2 years.
•Experience managing tax issues of the company and deep experience in tax management for a group of companies as CFO/Chief Accountant.
•Experience working in a foreign company with foreign shareholders (like this company).
•Good English; ability to work under high pressure and be solution-oriented.
Nice to have
•Substantial experience in the Real Estate sector, particularly a proven track record in financial management, reporting, budgeting, financial control, and strategic financial leadership.
•Master's degree preferred.
•Professional certification (ACCA, CPA, CIMA) strongly preferred.
•Experience across multiple entities and sectors (banking, real estate, energy) is an advantage.
Conditions
No conditions stated in the vacancy.
