CFO📣 Job Ad

Chief Financial Officer (CFO)

Sporti & Sayedat is seeking a Chief Financial Officer (CFO) to join its executive leadership team in Riyadh, Saudi Arabia. This is a full-time position requiring over 10 years of experience in a senior finance role. The role offers a salary range of 25,000-30,000 SAR per month.

Role Overview and Strategic Impact

The CFO will serve as a key partner to the CEO, providing financial leadership, commercial insight, and strategic direction. This role is central to supporting sustainable growth and informed business decisions for a growing fitness business. The successful candidate will shape the financial future of the company and lead the financial strategy for the expansion of its second club.

Key Responsibilities

• Develop and execute the company's financial strategy to support business growth.
• Drive improvements across revenue, profitability, cash flow, and operational performance.
• Lead budgeting, forecasting, financial modelling, and management reporting processes.
• Monitor key fitness industry metrics, including membership revenue, retention, utilisation, payroll efficiency, and club profitability.
• Partner with operational and commercial teams to enhance pricing strategies, cost management, and overall business performance.
• Strengthen financial controls, governance frameworks, compliance adherence, and cash management practices.
• 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 Experience

• Proven experience as a CFO, Finance Director, Head of Finance, or a 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 principles.
• Experience supporting business expansion, investment planning, or multi-site growth initiatives.

Required Skills and Knowledge

• Expertise in financial modelling, budgeting, forecasting, and cash flow management.
• Knowledge of Saudi Arabian financial regulations and compliance requirements.

Company Context

Sporti & Sayedat is an ambitious and expanding fitness business. This role offers the opportunity to play a key part in shaping financial strategy, influencing executive decision-making, and supporting the successful expansion of one of Saudi Arabia's emerging fitness brands.