Chief Financial Officer - Shear International Co. Ltd
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Financial Strategy & Planning
Develop and implement financial strategies aligned with the companys goals and industrial operations.
Lead budgeting forecasting and long-term financial planning processes with focus on production costs and raw material volatility.
Analyze financial risks and develop mitigation strategies particularly in relation to foundry operations energy usage and scrap metal pricing.
Financial Operations & Reporting
Oversee accounting treasury tax and financial reporting functions.
Ensure accurate monthly quarterly and annual financial statements in compliance with local regulations and international standards (IFRS/Saudi GAAP).
Monitor working capital cash flow and liquidity to support smooth production and procurement cycles.
Prepare cost analysis and variance reports for manufacturing and casting operations.
CapEx Investments & Projects
Evaluate financial viability of capital investments including machinery upgrades expansions and infrastructure projects.
Lead feasibility and ROI assessments of new product lines or strategic partnerships (e.g. international collaborations).
Supervise financing activities including LCs project financing and refinancing plans in coordination with banks and investors.
Procurement & Supply Chain Support
Partner with supply chain and procurement teams to ensure cost-effective purchasing strategies particularly for scrap ferroalloys and consumables.
Analyze vendor contracts payment terms and price trends to optimize procurement spend.
Governance Compliance & Audit
Ensure adherence to financial laws tax regulations and internal policies.
Liaise with external auditors banks government authorities (e.g. ZATCA MISA SAMA) for financial and compliance matters.
Oversee risk management insurance and internal controls tailored to foundry operations.
Leadership & Team Management
Lead and develop the finance team including accountants controllers and analysts.
Promote cross-functional collaboration with operations production and logistics departments.
Report to the CEO and Board of Directors on financial performance risks and strategic financial initiatives.
Qualifications & Requirements:
Bachelors degree in Accounting Finance or Economics (MBA or CPA/ACCA preferred).
10 years of financial leadership experience preferably in heavy manufacturing or industrial sectors.
Strong knowledge of cost accounting industrial budgeting and CapEx planning.
Experience with ERP systems (e.g. SAP Oracle or local foundry ERP software).
Deep understanding of financial compliance in Saudi Arabia including VAT Zakat and SAMA guidelines.
Excellent leadership analytical and communication skills.
Bilingual (Arabic and English) preferred for effective coordination with local and international partners.
Employment Type
Full Time
