Chief Financial Officer📣 Job Ad

Chief Financial Officer, Al Khobar

Sporti & Sayedat is seeking a Chief Financial Officer (CFO) to join its executive leadership team. This full-time role is based in Al Khobar, Eastern Region, and involves leading the financial strategy for a growing fitness business. The position requires over 10 years of experience in a senior financial leadership capacity, with a salary range of 25,000-30,000 SAR per month.

Strategic Leadership and Business Growth

As a key partner to the CEO, the CFO will provide financial leadership, commercial insight, and strategic direction. This role is central to supporting sustainable growth and informed business decisions, including the financial strategy for the expansion of the company's second club.

Key Responsibilities

• Develop and execute the company's financial strategy to support business growth.
• Drive improvements in revenue, profitability, cash flow, and operational performance.
• Lead budgeting, forecasting, financial modelling, and management reporting.
• Monitor key fitness industry metrics, including membership revenue, retention, utilisation, payroll efficiency, and club profitability.
• Partner with operational and commercial teams to improve pricing, cost management, and overall business performance.
• Strengthen financial controls, governance, compliance, and cash management.
• Lead financial planning and investment analysis for the development of Sporti's second location.
• Manage relationships with banks, auditors, investors, and external advisors.

Candidate Profile and Qualifications

The ideal candidate will possess the following qualifications and experience:

• Proven experience as a CFO, Finance Director, Head of Finance, or similar senior leadership role.
• Mandatory experience within the fitness, health club, wellness, or hospitality industry.
• Strong understanding of membership-based business models and commercial finance.
• Experience supporting business expansion, investment planning, or multi-site growth.
• Expertise in financial modelling, budgeting, forecasting, and cash flow management.
• Knowledge of Saudi Arabian financial regulations and compliance requirements.

About Sporti & Sayedat

Sporti & Sayedat is an expanding fitness business in Saudi Arabia. This role offers the opportunity to contribute to financial strategy, influence executive decision-making, and support the successful expansion of an emerging fitness brand at a key stage of its growth.

Application Information

Candidates who meet the specified requirements are invited to apply.