Senior Finance Leader

7 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Tharwah Full time

About Tharwah:

We're a renowned advisory company with four well-established business lines: Consultancy, Training and Development, Assessment, and HR Services.

Our team has proudly served hundreds of clients in both the government and private sectors, achieving numerous successful transactions.

As the first Saudi advisory company to be listed in the Saudi Parallel Market (نمو), we've made history by taking 15% of our shares public.

About the Role:

The Head of Finance is a pivotal leadership position responsible for overseeing all financial operations within our organization.

This role focuses on providing strategic financial insights, managing budgets, forecasting, investment strategies, financing, and ensuring financial compliance to support the company's growth and success.

  • Lead financial planning, including cash flow forecasting and liquidity management.
  • Oversee budgeting and long-term financial planning processes to align with company objectives.
  • Manage capital and operational expenditure budgets and secure banking facilities for operations and expansions.
Key Responsibilities:

Investment Management:

  • Develop and oversee investment strategies to optimize the company's portfolio and achieve growth objectives.

Financing and Bank Loans:

  • Manage relationships with financial institutions, negotiate and secure financing options, including bank loans, to support the company's expansion and operational needs.

Strategic Financial Analysis:

  • Analyze financial data to enhance organizational efficiency and effectiveness.
  • Conduct financial feasibility studies for new initiatives and generate comparative financial performance analysis reports.
  • Advise executive management on strategic financial risks and contribute to growth and expansion strategies.

Risk Management and Compliance:

  • Perform risk assessments and provide detailed financial risk reports.
  • Participate in company-wide financial risk management strategies and ensure compliance with local and international financial regulations.

Reporting and Analysis:

  • Manage timely financial period closing in the accounting system and regularly reconcile cash flow-related accounts.
  • Develop and maintain reporting mechanisms to track key performance indicators (KPIs) and financial metrics.

You Are:

  • A strategic leader with a Bachelor's degree in Accounting, Finance, or a related field (Master's degree is a plus).
  • Experienced with 10+ years in accounting and finance, particularly in leadership roles, working in a publicly listed company.
  • Proficient in financial planning, budgeting, financial risk management, and investment management.
  • Experienced in Mergers and Acquisitions, cash management and bank relations.
  • Experienced in business planning and forecasting.
  • Skilled at analyzing financial data and making data-driven decisions.

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