CFO - 90 K Riyal + Family Benefits

Finance Full Time Riyadh, Saudi Arabia

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CFO - 90 K Riyal + Family Benefits
Riyadh, Saudi Arabia
Finance Full Time
Recently posted
Competitive Salary
CS & Clarks Client
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Job Description

The CFO is responsible for managing the financial actions of the company, providing financial strategy, leadership, and oversight to ensure the company’s long-term financial stability and growth. The CFO plays a key role in the development of business strategies, financial planning, risk management, and maintaining investor relationships.

Key Responsibilities

Key Responsibilities

  1. Financial Strategy & Planning

    • Develop and execute the company’s financial strategy to align with overall business goals.
    • Lead the budgeting and forecasting processes to ensure accuracy and performance tracking.
    • Provide financial insights and recommendations to the CEO and senior management for strategic decision-making.
    • Formulate long-term financial models and financial risk management strategies.
  2. Financial Reporting & Analysis

    • Oversee the preparation of monthly, quarterly, and annual financial reports.
    • Ensure compliance with regulatory requirements and standards for financial reporting (e.g., GAAP, IFRS).
    • Monitor financial performance by analyzing key performance indicators (KPIs) and preparing financial reports for the executive team and board.
    • Conduct profitability analysis and cash flow projections to support growth initiatives.
  3. Risk Management & Compliance

    • Identify, assess, and mitigate financial risks to the organization.
    • Ensure compliance with local, national, and international financial regulations.
    • Manage relationships with external auditors, ensuring annual audits are carried out in compliance with industry standards.
    • Oversee corporate governance and internal controls, ensuring all financial practices are legally compliant.
  4. Capital Management & Fundraising

    • Lead capital-raising activities including debt, equity financing, and maintaining investor relations.
    • Ensure effective cash flow management and working capital optimization.
    • Analyze and recommend appropriate capital structures for long-term growth and sustainability.
  5. Operational Management

    • Provide leadership to the finance and accounting teams to optimize the financial performance of the company.
    • Establish and maintain effective processes and systems for accounting, budgeting, and financial forecasting.
    • Develop financial operational efficiencies to support overall company objectives.
  6. Stakeholder Communication

    • Communicate financial performance, strategy, and key developments to investors, stakeholders, and the board of directors.
    • Collaborate with senior leadership on acquisitions, mergers, and partnerships.
    • Lead financial due diligence during M&A transactions or strategic investments.
  7. Team Leadership & Development

    • Build and manage a high-performing finance team.
    • Mentor and develop finance staff, ensuring there is succession planning and ongoing professional development.
    • Foster a culture of accountability, teamwork, and continuous improvement within the finance team.

Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related field. Master’s degree (MBA) preferred.
  • Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation is a plus.
  • Minimum 10+ years of progressive experience in financial leadership roles.
  • Proven experience with financial modeling, analysis, and forecasting.
  • Strong knowledge of corporate finance, regulatory frameworks, and accounting standards.
  • Expertise in financial software and ERP systems.
  • Strong leadership, communication, and decision-making skills.
  • Skills

  • Strategic thinking and high-level financial acumen.
  • Expertise in risk management, capital structuring, and compliance.
  • Strong interpersonal skills and ability to communicate complex financial matters to non-financial stakeholders.
  • Advanced problem-solving skills and business acumen.
  • Ability to work in fast-paced environments and manage multiple priorities.
  • Benefits

    90,000 SR

    Family Benefits/ schooling up to 3 kids

    Insurance 

    Air Tickets

    45 days annual leave

    Notes


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