Skills Provision is searching for a Chief Financial Officer (CFO) for a thriving business in Riyadh, Saudi Arabia.
The hiring company is a privately owned investment firm dedicated to developing innovative, successful ventures, across a range of sectors, including education, food and beverage, and construction.
A work permit is available for this position.
Role: Chief Financial Officer (CFO)
Sector: Finance
Location: Riyadh, Saudi Arabia
Contract: 1 year (renewable)
Package
- A monthly salary of 30,000 SAR Tax-Free.
- Work permit.
- Return flight tickets.
- Comprehensive health insurance.
Key Responsibilities
- Design and implement accounting procedures that align with the overarching objectives of the holding company.
- Supervise the preparation and dissemination of financial statements, ensuring timely and accurate reporting to the Board of Directors, shareholders, and senior corporate officers.
- Lead the development of budgetary frameworks and cost control measures.
- Analyse financial reports, market trends, and growth opportunities, with a focus on investments, working capital optimisation, and capital expenditure planning.
- Oversee cash flow management and forecasting, establishing a robust cash control system and reporting structure.
- Direct the annual audit process, liaising with external auditors and the Board’s finance committee to evaluate and implement necessary adjustments.
- Provide leadership to the finance team by setting performance objectives, conducting evaluations, and promoting continuous professional development.
- Engage with external stakeholders to communicate the organisation’s financial performance, strategic initiatives, and long-term fiscal outlook.
Requirements
- Hold a Master’s degree in Accounting or Finance.
- Recognised professional certifications (e.g. CPA) is highly advantageous.
- A minimum of seven years’ experience within a Big Four firm or a reputable consultancy. Prior involvement in financial management within the real estate sector is considered beneficial.
- Comprehensive understanding of regulatory frameworks, financial reporting obligations, and consolidation procedures, with proficiency in IFRS accounting standards.
- Exhibit advanced financial analysis capabilities, with particular expertise in evaluating liquidity, solvency, and profitability.
- Proven success in establishing rigorous accounting standards, shaping financial strategy, and overseeing detailed budgeting processes.
- Excellent communication skills in both Arabic and English.
Skills Provision is an ethical international recruitment agency, as such our adverts do not discriminate with regards to age, race, gender, colour, creed, religion, sexual orientation, disability or nationality.
