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Backbone of Galfar Engineering & Contracting SAOG
The Finance and Treasury Department is the backbone of Galfar Engineering & Contracting SAOG, led by our Chief Financial Officer (CFO). With expertise in financial strategic planning and controls, treasury and banking management, and information technology (IT), the department ensures our financial stability, effective cash flow management, digital transformation, and supports strategic decision-making.
The Finance and Treasury Department is the backbone of Galfar Engineering & Contracting SAOG, led by our Chief Financial Officer (CFO). With expertise in financial strategic planning and controls, treasury and banking management, and information technology (IT), the department ensures our financial stability, effective cash flow management, and digital transformation, and supports strategic decision-making.
Responsibilities encompass strategic financial planning and controls, robust financial analysis for optimizing processes and costs, efficient treasury and banking management, financial risk management, reporting, compliance, capital structure optimization, financing, and IT management and digital transformation. Through diligent development of financial plans, analysis of investment opportunities, cash flow management, risk mitigation, and compliance, the department optimizes our capital structure.
One distinctive aspect is the integration of IT management, which leverages technology to enhance operational efficiency and effectiveness, lead digital transformation, and safeguard data security. This allows the department to streamline processes and maintain competitiveness within the construction industry.
By providing accurate financial information, supporting decision-making, and ensuring optimal resource allocation, the Finance and Treasury Department plays a crucial role in our company’s success.
In summary, the Finance and Treasury Department combines expertise in Finance, Treasury, and IT. Through maintaining financial stability, managing risks, and leveraging technology, the department contributes to the success and sustainability of our company.