CFO - 90 K Riyal + Family Benefits
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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
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.
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.
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.
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.
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.
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.
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
Skills
Benefits
90,000 SR
Family Benefits/ schooling up to 3 kids
Insurance
Air Tickets
45 days annual leave
Notes
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