Chief Financial Officer

Al Khobar - Saudi Arabia

Monthly Salary: SAR 60000 - 60000

Experience Required: 15years

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

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.

Key Responsibilities:

- 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.

Requirements

- 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).

Benefits

- Competitive executive compensation package with performance-linked incentives

- Opportunity to lead financial strategy for a reputable retail brand

- Dynamic and growth-focused working environment

- 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).