Confidentiel

Chief Financial Officer

Riyadh, Saudi ArabiaPosted 2 days ago

Salary
AED 15k–29k a month· est.
Job type
Full time
Level
Executive
Field
Finance & Accounting
Work mode
On site

About the role

We are seeking an experienced and strategic Chief Financial Officer (CFO) to lead the financial operations of a construction company. The CFO will be responsible for financial strategy, planning, budgeting, treasury, risk management, and overall financial performance. The ideal candidate will have extensive experience in the construction, contracting, or infrastructure sector, with a strong understanding of project-based financial management, cash flow optimization, project profitability, and financial governance. Key Responsibilities • Develop and execute financial strategies aligned with the company's business objectives and growth plans. • Lead financial planning, budgeting, forecasting, and financial reporting. • Oversee financial performance, cost control, and profitability across construction projects. • Manage cash flow, working capital, treasury operations, banking facilities, and project financing. • Monitor project budgets, financial risks, contracts, claims, and payment obligations. • Ensure compliance with IFRS, Saudi financial regulations, ZATCA requirements, and internal financial policies. • Provide strategic financial insights and recommendations to the CEO and Board of Directors. • Lead and develop the finance team while improving financial systems, processes, and internal controls. Qualifications & Requirements • Bachelor's degree in Finance, Accounting, or a related field. MBA or Master's degree is preferred. • Professional certification such as CPA, ACCA, CMA, or CFA is highly desirable. • Minimum 15 years of progressive finance experience, including at least 5 years in a senior financial leadership role. • Significant experience in the construction, contracting, EPC, or infrastructure industry is mandatory. • Proven experience overseeing financial operations for large-scale, multi-project construction businesses. • Strong knowledge of construction project accounting, cost control, cash flow management, and revenue recognition. • Demonstrated experience managing banking facilities, project financing, and financial guarantees. • In-depth knowledge of IFRS, financial governance, internal controls, and Saudi regulatory requirements. • Experience with ERP systems such as SAP, Oracle, or equivalent. • Excellent leadership, analytical, negotiation, and stakeholder management skills. • Previous experience in Saudi Arabia or the GCC construction market is strongly preferred.

Requirements

Bachelor's degree in Finance, Accounting, or a related field. MBA or Master's degree is preferred. Professional certification such as CPA, ACCA, CMA, or CFA is highly desirable. Minimum 15 years of progressive finance experience, including at least 5 years in a senior financial leadership role. Significant experience in the construction, contracting, EPC, or infrastructure industry is mandatory. Proven experience overseeing financial operations for large-scale, multi-project construction businesses. Strong knowledge of construction project accounting, cost control, cash flow management, and revenue recognition. Demonstrated experience managing banking facilities, project financing, and financial guarantees. In-depth knowledge of IFRS, financial governance, internal controls, and Saudi regulatory requirements. Experience with ERP systems such as SAP, Oracle, or equivalent. Excellent leadership, analytical, negotiation, and stakeholder management skills. Previous experience in Saudi Arabia or the GCC construction market is strongly preferred.

Responsibilities

Develop and execute financial strategies aligned with the company's business objectives and growth plans. Lead financial planning, budgeting, forecasting, and financial reporting. Oversee financial performance, cost control, and profitability across construction projects. Manage cash flow, working capital, treasury operations, banking facilities, and project financing. Monitor project budgets, financial risks, contracts, claims, and payment obligations. Ensure compliance with IFRS, Saudi financial regulations, ZATCA requirements, and internal financial policies. Provide strategic financial insights and recommendations to the CEO and Board of Directors. Lead and develop the finance team while improving financial systems, processes, and internal controls.

Skills

  • IFRS
  • contract management
  • project accounting
  • cash flow management
  • treasury operations
  • financial reporting
  • budgeting
  • forecasting
  • revenue recognition
  • cost control
  • ERP systems
  • SAP
  • Oracle
  • financial governance
  • internal controls

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