Group Chief Financial Officer
2 weeks ago
Our client is a leading private holding company based in Riyadh with a portfolio of companies and subsidiary's in Retail, Real Estate, Logistics, Warehousing, Finance, Leisure, Hospitality and Food & Beverage.
We are looking for a seasoned Group Chief Financial Officer to work side by side with the Chief Executive Officer in order to take the business forward.
You will be:
- Reporting directly to the Group CEO, the Group CFO oversees day-to-day group finance functions, integrating finance operations, forecasting, and budgeting, handling tax matters, preparing financial reports, and ensuring organizational financial stability.
- Maintain solid relationships and governance with banks.
- Negotiate financing deals.
- Build an adequate controls framework that ensures the safekeeping of assets and production of timely and accurate financial reports.
**Strategy**:
- Contribution to Group's strategic management through development while maintaining strategies, including financial and commerce
- Participate in the role of leadership in future planning and practical daily life of the organization and related corporate activities, including business planning, policymaking, financial forecasting, and strategic decisions.
- Manage the company's financial affairs from a strategic perspective, financial control, and liquidity.
- Maintain effective stakeholder communication and engagement throughout.
**Finance**:
- Develop and implement an organization's overall financial strategy and manage all capital and income budgets to ensure financial strength.
- Responsible for the financial aspects of any strategic projects.
- Assure that appropriate financial and operational controls are in place for support of cost and income control, and for procedures to be followed, a comprehensive overview of all departments' activities and budgets must be maintained.
- Provide executive management advice on all financial activities and implications for the Group.
- Manage the Group’s Finance Departments proactively and professionally to ensure compliance in all financial regulatory and statutory matters.
- Manage and improve Finance KPIs while actively engaging in continuous improvement.
You MUST be based in Saudi Arabia and have a transferable IQAMA or have previous experience working in Saudi Arabia as a Group CFO.
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