25 Chief Financial Officer jobs in Riyadh

Overview

Black & Grey HR is partnering with a leading retail group in Saudi Arabia to hire a Chief Financial Officer (CFO). The CFO will oversee the financial strategy, performance, and health of the organization, providing strategic leadership on capital structure, planning, compliance, and business insights to drive growth, profitability, and long-term sustainability.

• Develop and implement financial strategies aligned with corporate objectives.
• Lead long-range planning, budgeting, forecasting, and capital allocation.
• Oversee accounting, financial reporting, internal audit, and regulatory compliance.
• Ensure robust financial controls, governance, and enterprise risk management systems.
• Advise the CEO and Board on financial matters, strategic investments, and M&A opportunities.
• Manage banking relationships, treasury operations, and funding structures.
• Optimize capital structure to support growth and enhance shareholder value.
• Monitor cash flow, cost controls, working capital efficiency, and key financial KPIs.
• Ensure compliance with IFRS and evolving local and regional financial regulations.
• Lead the design and adoption of new financial processes to meet regulatory requirements and best practices.
• Drive automation and digitization of financial operations for improved transparency and efficiency.
• Prepare and present high-quality financial reports to internal and external stakeholders, including auditors, banks, and regulatory bodies.
• Support strategic decision-making through scenario modeling, sensitivity analysis, and risk evaluation.
• Partner with business units to foster financial discipline, budget accountability, and value creation.
• Develop, retain, and build succession capability within the finance team.

• 15+ years of experience in senior financial leadership roles within retail or FMCG.
• Chartered Accountant qualification required.
• Deep understanding of corporate finance, accounting principles, and tax regulations.
• Strong background in treasury, audit, budgeting, and strategic planning.
• Excellent leadership, communication, and stakeholder management skills.
• Demonstrated ability to manage large finance teams and drive financial transformation.
• Proficiency in ERP systems and financial analytics tools.
• Strong ethics, governance mindset, and risk management orientation.
• Bilingual proficiency preferred (English required; Arabic is an asset).

• Competitive executive compensation package with performance-linked incentives
• Opportunity to lead financial strategy for a reputable retail brand
• Dynamic and growth-focused working environment

Overview

The Chief Financial Officer (CFO) is a senior executive responsible for managing the financial actions of a company, overseeing financial planning, risk management, and ensuring the accuracy of financial reporting.

• Develop systems and procedures to ensure the efficient and effective management of the company’s finances and compliance with statutory requirements.
• Direct and control Finance staff to ensure that they are appropriately motivated and trained and carry out their responsibilities to the required standards.
• Produce accurate and timely financial information about the company’s financial status and performance to enable decisions to be taken relating to the company’s financial strength and security.
• Produce all necessary statements and reports to enable the accurate measurement of cash flow, profit and loss, assets & liabilities.
• Develop and monitor all necessary controls to ensure that the company complies with statutory requirements.
• Act as the main point of contact with external auditors and provide them with all required information.
• Act as the main point of contact with General Authority Zakat & Tax and provide them with all required information.
• Ensure timely submission of relevant periodic VAT & Zakat returns
• Carry out any necessary internal audit reviews and monitor the financial effectiveness of systems and controls.
• Recommend any changes necessary to improve the company’s financial performance and financial controls.
• Keep up to date with any developments in financial management which might affect how the company’s finances are managed or its statutory obligations.
• Managing the financial forecasting and budgeting process
• Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition
• Support month-end and year-end close process
• Ensure quality control over financial transactions and financial reporting.
• Coordinating and directing the preparation of the budget and financial forecasts and report variances
• Preparing and publishing timely monthly financial statements.
• High-level financial reporting and analysis
• Cash flow management.
• Pricing and costing for projects and bid proposals.
• Provide support to relevant departments within the organisation including Human Resources, Bid Management and Business Development with issues relating to finances.
• Capital Financing - including Government Grants and Private Banking.

• Proven working experience as a CFO, Financial Controller and/or Finance Manager
• 15 - 20 years of overall combined accounting and finance experience
• Degree in Accounting and Finance
• Chartered Accountancy Membership/ Professional qualifications - CMA/CPA/ACCA/ICAEW
• Thorough knowledge of accounting principles and procedures
• Soft Skills: Strong communication, problem-solving, analytical thinking, and time management skills
• Experience with financial statements
• Experience with general ledger functions and the month-end/year end close process
• Familiarity with modern ERP systems such as ODOO, SAP, Oracle, or Microsoft Dynamics
• Experience in raising capital through private banks loan facilities and/or government grants.
• Experience in organisation cash-flow management
• Language Requirement: Proficiency in Arabic and English (written and spoken)

• Executive

• Full-time

• Finance and Accounting/Auditing

• Defense and Space Manufacturing

Overview

Manage the finance function end-to-end for a growing SME that delivers IT infrastructure projects (focus on IFRS 15, %-of-completion) and software products (focus on IAS 38 development capitalization). The role balances hands-on accounting leadership with business partnering—tight month-end closes, strong cash discipline, clean audits, and disciplined budgeting/forecasting—while building fit-for-purpose controls, policies, and scalable processes for growth.

• Financial Reporting & Month-End Close
  Lead timely monthly, quarterly, and annual closes; prepare management packs (P&L, BS, CF, dashboards) with analysis and commentary. Maintain a robust chart of accounts and ensure reconciliations (banks, AR/AP, accruals, prepaids, intercompany) are current and accurate. Coordinate annual financial statements under IFRS, working with external auditors.
• Project Accounting & Revenue Recognition (IFRS 15)
  Improve and streamline %-of-completion frameworks for IT infrastructure projects (input/output methods, cost-to-complete, WIP/contract assets & liabilities). Work with Delivery/PMO on Scope of Works, milestones, change orders, and evidence for revenue recognition. Monitor project margins, variances, contingencies, and EACs (estimates at completion); surface early warnings and recommend corrections.
• Software Products & Intangibles (IAS 38)
  Define capitalization policy for development costs (criteria, time capture, gates, documentation). Track intangible assets: capitalization, amortization schedules, and impairment triggers. Align with Product/Engineering on roadmaps, releases, and cost attribution.
• Budgeting, Forecasting & FP&A
  Run the annual budget process; manage rolling forecasts (12–18 months). Build driver-based models for revenue (pipeline, conversion, unit economics), OPEX, CAPEX, and headcount. Partner with business leaders to monitor performance vs. plan; recommend corrective actions.
• Cash, Treasury & Working Capital
  Own cash forecasting (13-week/ ~ 1 Quarter and longer-term); optimize DSO/DPO/Inventory (if any) and the cash conversion cycle. Oversee collections, billing accuracy (including progress billing for projects and software licenses/subscriptions), and vendor terms. Manage cash flows and develop financing and borrowing plans and manage relationships with banks and financial institutions (e.g., letters of guarantee/ credit). Establish practical policies for an SME: delegation of authority, procure-to-pay, order-to-cash, travel expenses, and petty cash. Implement preventive/detective controls; enforce segregation of duties (right-sized for a small team). Drive continuous improvement and document processes.
• Tax, Zakat & Regulatory Compliance (KSA)
  Ensure compliance with ZATCA (VAT/e-invoicing), Zakat/Corporate Income Tax (as applicable), and WHT on cross-border payments. Coordinate filings and respond to queries/audits with external advisors.
• Systems, Data & Tooling
  Administer the ERP/accounting system (currently using Odoo) with project accounting modules. Automate and streamline repetitive tasks.
• Commercial Partnering
  Support pricing, bids, and contract reviews (payment terms, penalties, performance guarantees). Evaluate project profitability, product ROI, and customer-level economics.
• Team Leadership & Outsourced Partners
  Coach a small team; manage external accountants, tax advisors, and auditors. Create a simple training and cross-coverage plan to reduce key-person risk.

• Bachelor's degree in Finance, Accounting, or related.
• 8+ years of experience in a similar field working on project-based accounting (IT infrastructure, construction, or engineering) and/ or software products; prior experience in auditing is a plus but not required.
• SOCPA, IFRS Certification, or CPA/ CMA preferred but not mandatory.
• English and Arabic proficiency, both written and spoken.

• Executive

• Full-time

• Finance, Accounting/Auditing, and Administrative

• IT Services and IT Consulting

We’re Hiring: Chief Financial Officer (CFO) – Shape the Future of Finance in the Creative & Communications Industry

Are you a strategic financial leader with a passion for innovation? Do you excel in managing complex, multi-subsidiary financial structures while driving business growth? If so, we want you to lead the financial strategy of our dynamic creative group.

We are a leading creative and communications group, home to multiple subsidiaries specializing in advertising, branding, marketing, and digital experiences . Our agencies partner with top brands to create cutting-edge campaigns that make an impact.

As we expand, we need a forward-thinking CFO to optimize financial performance, ensure operational efficiency, and guide us through the next phase of growth.

• Financial Strategy & Leadership – Define and execute financial strategies that align with our long-term vision.
• Multi-Subsidiary Financial Management – Oversee financial operations across our agencies, ensuring efficiency and scalability.
• Budgeting, Forecasting & Cash Flow Optimization – Drive financial planning, cost control, and profitability.
• Investment & Growth Planning – Lead capital allocation, assess investment opportunities, and structure finances for expansion.
• Mergers & Acquisitions (M&A) – Manage acquisitions, partnerships, and financial integrations.
• Financial Reporting & Compliance – Ensure regulatory adherence, tax efficiency, and accurate financial reporting.
• Risk & Asset Management – Implement robust financial controls and risk mitigation strategies.
• Tech-Driven Finance – Leverage ERP systems (Odoo 17 experience is a plus) to enhance efficiency and automation.
• Executive Stakeholder Management – Provide strategic financial insights to leadership, investors, and the board.

• 10+ years of senior financial leadership in a group of companies, multi-subsidiary structure, or creative industries
• Expertise in financial strategy, corporate finance, and business growth planning
• Strong experience in M&A, fundraising, and investment strategy
• Solid understanding of project-based and retainer-based business models
• Hands-on experience with ERP systems (Odoo 17 is a plus) and finance automation
• CPA, CMA, CFA, or ACCA certification (preferred) | MBA in Finance, Strategy, or Business Administration (a plus)
• Exceptional leadership, problem-solving, and decision-making skills
• Ability to navigate complex financial structures in a high-growth, fast-paced industry

• Impactful Leadership Role – Be a key player in shaping the financial future of a fast-growing creative powerhouse.
• Growth & Expansion – Join an innovative group with bold plans for scalability and new ventures.
• Competitive Compensation – Attractive salary, performance-based incentives, and executive benefits.

If you're a visionary CFO who blends financial expertise with strategic thinking , we’d love to hear from you.

Overview

Kanz is an AI enabled platform helping companies hire the best candidates.

• Lead and manage the company’s financial affairs to ensure strategic objectives are achieved, maintain financial stability, and ensure compliance with local and international standards. The role focuses heavily on managing relationships with banks and suitable corporate partners, overseeing financial statements, deposits, and investments.
• Develop and implement financial strategies and plans aligned with the company’s objectives.
• Oversee the preparation of periodic (quarterly and annual) financial statements in accordance with approved accounting standards.
• Manage the company’s relationships with local and international banks to secure optimal financial facilities.
• Oversee company deposits and investment accounts to achieve the highest possible returns with minimal risk.
• Evaluate and analyze potential investment opportunities and provide recommendations to senior management.
• Manage cash flow to ensure sufficient liquidity for business operations.
• Monitor financial and tax compliance and ensure adherence to applicable laws and regulations.
• Develop and enhance internal financial policies and procedures.
• Prepare financial reports and analysis for senior management and the Board of Directors to support decision-making.

• Bachelor’s degree in Accounting, Finance, or a related field (Master’s degree or professional certifications such as CPA or CMA preferred).
• Minimum of 10 years of experience in finance.
• Strong expertise in corporate finance, banking relationships, deposits, and investment management.
• Advanced financial analysis and reporting skills.
• Fluency in Arabic and English (spoken and written).
• Purely finance-focused role with no operational management responsibilities.

Join to apply for the Chief Financial Officer (CFO002) role at Foreground.

Join to apply for the Chief Financial Officer (CFO002) role at Foreground.

Foreground is partnering with a leading drilling and energy services company in Riyadh, Saudi Arabia, to appoint a Chief Financial Officer (CFO) . This senior executive role will provide strategic financial leadership to support long-term growth, regional expansion, and operational resilience.

About The Role

The CFO will lead all aspects of financial management, including corporate governance, capital strategy, risk management, and reporting. The position carries responsibility for ensuring financial sustainability while enabling the company to pursue ambitious investment and growth opportunities across Saudi Arabia and the wider GCC.

Key Responsibilities

• Define and execute financial strategy aligned with shareholder expectations and growth targets.
• Lead financial reporting, treasury, taxation, and consolidation across all operations.
• Oversee capital raising initiatives including IPO readiness, debt restructuring, and equity partnerships.
• Support mergers, acquisitions, and joint ventures with financial modeling and valuation expertise.
• Implement ERP and BI tools to enhance reporting, transparency, and forecasting accuracy.
• Ensure compliance with IFRS, Zakat, and Saudi fiscal regulations.
• Partner with the CEO and Board on corporate growth, governance, and investor relations.
  
  
  

• 20+ years in finance, with at least 810 years in senior leadership as CFO or Group Finance Director.
• Proven track record in capital markets, corporate finance, and large-scale investment management.
• Strong background in oilfield services, drilling, or heavy industrial sectors.
• Advanced degree in Finance, Accounting, or Business; CPA, CFA, or ACA required.
• Experience working with Aramco and Saudi regulatory authorities highly advantageous.
  

• Seniority level Executive

• Employment type Full-time

• Job function Finance and Sales
• Industries Business Consulting and Services

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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.

Foreground is partnering with a leading drilling and energy services company in Riyadh, Saudi Arabia, to appoint a Chief Financial Officer (CFO). This senior executive role will provide strategic financial leadership to support long-term growth, regional expansion, and operational resilience.

The CFO will lead all aspects of financial management, including corporate governance, capital strategy, risk management, and reporting. The position carries responsibility for ensuring financial sustainability while enabling the company to pursue ambitious investment and growth opportunities across Saudi Arabia and the wider GCC.

• Define and execute financial strategy aligned with shareholder expectations and growth targets.
• Lead financial reporting, treasury, taxation, and consolidation across all operations.
• Oversee capital raising initiatives including IPO readiness, debt restructuring, and equity partnerships.
• Support mergers, acquisitions, and joint ventures with financial modeling and valuation expertise.
• Implement ERP and BI tools to enhance reporting, transparency, and forecasting accuracy.
• Ensure compliance with IFRS, Zakat, and Saudi fiscal regulations.
• Partner with the CEO and Board on corporate growth, governance, and investor relations.

• 20+ years in finance, with at least 810 years in senior leadership as CFO or Group Finance Director.
• Proven track record in capital markets, corporate finance, and large-scale investment management.
• Strong background in oilfield services, drilling, or heavy industrial sectors.
• Advanced degree in Finance, Accounting, or Business; CPA, CFA, or ACA required.
• Experience working with Aramco and Saudi regulatory authorities highly advantageous.

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.