Chief Financial Officer (CFO) Required in Saudi Arabia

The Chief Financial Officer (CFO) is a key member of the executive team, responsible for overseeing the financial operations of the organization and providing strategic financial guidance to ensure long-term stability and growth. The CFO manages all aspects of financial planning, analysis, and reporting, ensuring the company maintains a strong financial position. This role involves collaborating with other departments and executives to drive business strategy, improve profitability, and ensure the company complies with all financial regulations.

Salary	Market Competitive
Experience	9 years
Location	Saudi Arabia
Qualification	Bachelor’s degree
Posted	15 September 2024
Job Type	Full Time
Posted by	Habeebi Recruiter
last date to apply	apply within 15 days

Key Responsibilities

1. Financial Strategy and Leadership

• Develop and implement the company’s overall financial strategy, aligning it with the organization’s long-term objectives and growth plans.
• Work closely with the CEO and executive team to provide financial insights that support strategic decision-making and business development initiatives.
• Lead the financial planning and forecasting process, ensuring the company has a clear vision of future financial performance and the ability to adapt to market conditions.

2. Financial Planning and Analysis

• Oversee budgeting, forecasting, and financial modeling to ensure accurate and timely reporting on the company’s financial performance.
• Analyze financial data and market trends to provide actionable insights into improving profitability, cost efficiency, and operational performance.
• Ensure that key performance indicators (KPIs) are tracked and reported to monitor progress toward the company’s financial goals.

3. Financial Reporting and Compliance

• Ensure the accuracy and completeness of financial statements, preparing regular reports for the executive team, board of directors, and investors.
• Oversee the preparation of statutory reports, ensuring compliance with all relevant laws, regulations, and accounting standards (e.g., GAAP, IFRS).
• Manage relationships with external auditors, regulatory bodies, and tax authorities, ensuring that audits and financial disclosures are completed accurately and on time.

4. Risk Management and Internal Controls

• Identify potential financial risks to the organization, including market volatility, operational inefficiencies, and regulatory changes, and develop strategies to mitigate these risks.
• Implement and oversee internal controls to safeguard the company’s assets and ensure the integrity of financial processes.
• Ensure that the company maintains sufficient liquidity to meet its obligations, overseeing cash flow management and working capital optimization.

5. Investment and Capital Management

• Evaluate investment opportunities and manage the company’s capital structure, ensuring the organization has access to the funding required to support growth.
• Lead mergers and acquisitions (M&A) activities, including financial due diligence, negotiations, and integration of acquired businesses.
• Manage relationships with banks, investors, and other financial institutions to ensure the organization’s financing needs are met.

6. Team Leadership and Development

• Lead and mentor the finance team, providing guidance on best practices and fostering a culture of accountability and continuous improvement.
• Ensure that the finance department operates efficiently, with a focus on developing talent and improving processes to support business growth.
• Set performance metrics for the finance team, ensuring that all team members contribute to the department’s overall success.

Qualifications and Skills

• Bachelor’s degree in Finance, Accounting, or related field; a master’s degree or professional certification (e.g., CPA, CFA) is preferred.
• Extensive experience in financial management, with at least 10 years in leadership roles.
• Strong knowledge of financial planning, accounting principles, and risk management.
• Excellent leadership, communication, and analytical skills, with the ability to influence decision-making at the executive level.
• Experience in corporate finance, including capital markets, M&A, and investor relations.

The Chief Financial Officer is critical to driving the financial health and strategic growth of the organization. This role requires a blend of financial expertise, leadership, and business acumen to ensure the company remains competitive and financially stable in a dynamic market environment.

How to apply:

Send your updated resume to our email or directly reach us at our phone:

Email:  info@irc.sa

Telephone:  +920003023