47 Cfo jobs in Saudi Arabia

Position Title: CFO

Employment Type: Full Time

Salary: up to 65K SAR all-inclusive depending on experience and qualifications

Job Location: KSA

Job Description:

Develop and execute long-term financial strategies aligned with business objectives.

Supervise financial reporting, consolidation, and compliance across all subsidiaries.

Manage relationships with external stakeholders including banks, auditors, tax advisors, and regulators.

Implement effective internal controls and ensure compliance with IFRS, local regulations, and audit standards.

Qualifications:

Must have a Bachelor's degree in Commerce or a related field.

A certified accountant is required.

Experience in Construction/Engineering in the Oil&Gas/EPC sector should be at least 20 years.

Position Summary:

We are seeking an experienced and results-driven Chief Financial Officer (CFO) to oversee the financial strategy and operations of large, high-value projects with complex compliance, reporting, and funding structures. The ideal candidate will have a strong background in managing multimillion-dollar budgets across highly regulated and strategically critical initiatives, ensuring financial integrity, performance, and long-term sustainability.

This is a key executive role responsible for driving fiscal discipline, risk management, and operational efficiency across all phases of major projects.

Key Responsibilities:

• Lead the organization’s financial strategy, ensuring alignment with long-term business goals and project delivery requirements.
• Oversee financial planning, budgeting, forecasting, and capital allocation for large-scale, mission-critical projects.
• Ensure robust financial oversight and compliance with large-project contracting standards, audit requirements, and cost-accounting regulations.
• Collaborate closely with executive leadership, project managers, and compliance teams to maintain financial discipline throughout the lifecycle of each project.
• Monitor and manage project expenditures, cost controls, and funding drawdowns to ensure performance targets are met.
• Lead financial due diligence, risk assessments, and mitigation strategies for all major initiatives.
• Present financial updates, forecasts, and strategic recommendations to executive stakeholders and board members.
• Build and lead a high-performing finance team capable of supporting complex, multi-year projects under strict accountability frameworks.

Qualifications:

• Bachelor’s degree in Finance, Accounting, or Business Administration (Master’s/MBA preferred).
• CPA, CMA, or equivalent financial certification strongly preferred.
• 10+ years of progressive financial leadership experience, including 5+ years overseeing large and highly regulated projects.
• Expertise in large-project contracting, cost accounting standards, compliance audits, and financial controls.
• Strong command of financial systems, project accounting tools, and ERP platforms.
• Strategic thinker with the ability to translate financial data into actionable business insights.

Preferred Attributes:

• Experience supporting sensitive, mission-critical programs under strict confidentiality.
• Familiarity with contract vehicles such as IDIQs, cost-plus, fixed-price, or T&M.
• Ability to operate effectively in high-pressure, deadline-driven environments with multiple stakeholders.

Our client is a leading Holding Company with diverse businesses across FMCG, Manufacturing, Industrial, Hospitality, and other industries. With a strong reputation and good expansion plans for 2014.

We are looking for an experienced finance professional to join as the Group Finance Director/ CFO based in Riyadh, Saudi Arabia.

Reporting to: CEO

• Set the group’s financial strategy including financial policies and procedures.
• Manage the treasury, financial control, and risk management functions to support business objectives.
• Ensure adequate liquidity, low-cost financing, and appropriate hedging.
• Lead bank relationships and secure funding from private and public sectors.

• Develop and deploy the financial strategy and set corporate financial policies.
• Ensure finance functions operate according to adopted standards.
• Recommend and manage the group’s capital structure and balance sheet.
• Oversee cash management and risk management aligned with shareholder risk appetite.
• Establish credit risk policies and oversee financial planning, reports, and performance analysis.
• Maintain relationships with banks and capital sources to minimize borrowing costs.
• Lead loan negotiations and funding applications with public and private entities.
• Maintain an effective financial management information system.

• Open to Arabic & Western applicants.
• Bachelor’s Degree in finance, accounting, or financial engineering, with CA, CFA, or CPA designation.
• 15+ years of experience, including at least 7 years in a senior finance management role within an investment holding company.
• Current or recent experience in KSA with strong contacts with local banks and financing partners.
• Experience with semi-government bodies related to investments and acquisitions.
• Deep understanding of financing needs of holding companies/groups.
• Proven CFO experience overseeing multiple companies or a holding group.
• Extensive experience in acquisitions, mergers, and capital raising in KSA.
• Knowledge of capital structures and financial strategies.

About The Company

First Resort Global Recruitment provides tailored recruitment solutions worldwide, combining Arabic and Western expertise. Our team has international experience, enabling us to find top candidates suited to your organizational and cultural needs.

JOB TITLE : CHIEF FINANCIAL OFFICER (CFO)
DEPARTMENT : Finance & Accounts
REPORTS TO : CEO & Board of Directors

KEY JOB RESPONSIBILITIES:
The CFO has to manage the financial control framework that must be followed by the Group and all subsidiary business areas. The CFO will take responsibility for all financial information provided internally and externally, planning/planned sources of finance, and will give guidance on, and approval to, the interpretation of accounting standards and policies.

KEY JOB SPECIFICATIONS:

1. Candidate should be specialized in District cooling projects.
2. Well-rounded experience in utilities finance management.
3. Coming from a well-reputable utility company.
4. Strong leadership skills.
5. Past experience in project finance and dealing with international banks.
6. Come from an international utilities company.
7. Closed concession transactions in BOT and BOOT.
8. Has a commercial background.
9. Negotiated project finance transactions with banks.

QUALIFICATIONS: CPA/CA/Masters or Equivalent with MBA
EXPERIENCE: 10 – 15 Years of relevant experience in finance functions, preferably in the major corporate sector.

About The Company:
Jerry Varghese is a frontrunner group in professional recruitment solutions. We are consultants who provide integrated, comprehensive, and cost-effective placements in business, industry, and government. Having a major presence in the Middle East, we are involved in staffing on a global scale.

Experts Vision Consulting| EVC | Full time

Riyadh, Saudi Arabia | Posted on 11/13/2024

Starting from an ambitious vision with national hands and global experiences, we aim to contribute to building a digital nation by providing consultations and smart solutions using emerging technologies. We have gained the trust of national authorities, as we have worked with more than 60 government agencies in different regions of the Kingdom, through several main fields: digital transformation, project management, crowd management, integrated corporate solutions, event and initiative management.

The Financial Strategy and Planning Manager will be responsible for developing and executing the company’s financial strategy, ensuring alignment with growth objectives, and maintaining financial stability. This role involves creating short- and long-term financial plans, overseeing financial reports and analysis, managing cash flow, risk, and compliance, and fostering relationships with investors and stakeholders. The manager will also lead cost management initiatives and profitability improvements while guiding the financial team.

• +8 years of experience in financial management
• Strong knowledge of financial regulations and accounting principles, along with expertise in financial reporting.
• Excellent analytical, problem-solving, and decision-making skills.
• Exceptional communication and interpersonal skills, with the ability to collaborate across all levels of the organization.
• Strategic thinker with practical operational capabilities.
• Competitive salary based on experience and qualifications.
• Additional incentives and opportunities for professional growth.

Any Graduation(), Chartered Financial Analyst(Finance)

Nationality

Any Nationality

Vacancy

1 Vacancy

Job Description

Job Summary We are seeking an experienced and strategic Chief Financial Officer (CFO) to join our fast-growing fast-food company. The CFO will be responsible for overseeing all financial activities, guiding our financial strategy, and ensuring the company s financial health. This role requires a seasoned financial leader with extensive experience in the food and beverage (F&B) industry, preferably within the fast-food sector. The ideal candidate will have a deep understanding of the unique financial dynamics of a fast-paced, high-volume business and will be instrumental in driving our continued growth and profitability.
Responsibilities Financial Strategy & Planning:
Develop and implement financial strategies aligned with the company s business objectives. Provide strategic recommendations to the CEO and executive team based on financial analysis and projections. Financial Management & Reporting:
Oversee all aspects of financial management, including budgeting, forecasting, cash flow management, and financial reporting. Ensure accurate and timely financial reporting to internal and external stakeholders.
Operational Efficiency:
Collaborate with operational leaders to optimize financial performance, reduce costs, and improve profitability. Identify and implement process improvements to enhance financial operations across the organization.
Risk Management:
Evaluate and manage financial risks associated with the business. Develop and maintain risk management policies and procedures to safeguard the company s assets and ensure compliance with all financial regulations.
Capital Management:
Oversee capital structure and manage relationships with banks, investors, and other financial partners. Ensure effective capital allocation to support business growth and expansion.
Leadership & Team Development:
Lead and mentor the finance team, fostering a culture of high performance and continuous improvement. Ensure the team has the necessary skills and tools to execute their roles effectively. Stakeholder Relations:
Maintain strong relationships with key stakeholders, including investors, lenders, auditors, and regulatory agencies. Serve as a key point of contact for financial inquiries and communications.
Job Requirements *Bachelor s degree in finance, Accounting, or related field; MBA or advanced degree preferred.
*Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation is highly desirable.
*Minimum of 10 years of experience in a senior financial leadership role, with significant experience in *the F&B industry, preferably within the fast food or quick service restaurant sector.
*Strong understanding of financial management, accounting principles, and financial regulations.
*Proven experience in financial planning and analysis, budgeting, and financial reporting.
*Demonstrated ability to manage financial risks, optimize operational efficiency, and drive profitability. *Exceptional leadership, communication, and interpersonal skills.

Company Industry

• Restaurants
• Catering
• Food Services

Department / Functional Area

• Finance
• Treasury

Keywords

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Experts Vision Consulting| EVC | Full time

Riyadh, Saudi Arabia | Posted on 11/13/2024

Starting from an ambitious vision with national hands and global experiences, we aim to contribute to building a digital nation by providing consultations and smart solutions using emerging technologies. We have gained the trust of national authorities, as we have worked with more than 60 government agencies in different regions of the Kingdom, through several main fields: digital transformation, project management, crowd management, integrated corporate solutions, event and initiative management.

The Financial Strategy and Planning Manager will be responsible for developing and executing the company’s financial strategy, ensuring alignment with growth objectives, and maintaining financial stability. This role involves creating short- and long-term financial plans, overseeing financial reports and analysis, managing cash flow, risk, and compliance, and fostering relationships with investors and stakeholders. The manager will also lead cost management initiatives and profitability improvements while guiding the financial team.

• +8 years of experience in financial management
• Strong knowledge of financial regulations and accounting principles, along with expertise in financial reporting.
• Excellent analytical, problem-solving, and decision-making skills.
• Exceptional communication and interpersonal skills, with the ability to collaborate across all levels of the organization.
• Strategic thinker with practical operational capabilities.
• Competitive salary based on experience and qualifications.
• Additional incentives and opportunities for professional growth.