Chief Financial Officer📣 Job Ad
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
Job Description
Chief Financial Officer, Manufacturing & Trading Group
Madeen is supporting a leading and well-established Manufacturing & Trading Group in Riyadh, Saudi Arabia, in their search for a Chief Financial Officer (CFO). This full-time executive role is critical as the group, with operations across Saudi Arabia, Egypt, and GCC countries, navigates a significant growth phase and prepares for an Initial Public Offering (IPO).
Role Overview
Reporting directly to the Chief Executive Officer (CEO), the CFO will be responsible for the complete financial operations of the group. This position requires leadership in financial governance, regulatory compliance, strategic planning, treasury management, operational excellence, and comprehensive IPO readiness. The organization is currently in an advanced stage of IPO preparation, offering a strategic finance leader a key role in the company's future trajectory.
Key Responsibilities
- Lead all accounting and finance operations across multiple entities.
- Oversee monthly, quarterly, and annual IFRS financial reporting and prepare consolidated financial statements for all subsidiaries.
- Manage executive financial reporting and business performance analysis, including manufacturing costing, inventory valuation, and variance analysis.
- Monitor profitability across trading operations and drive improvements in margins and operational cost efficiency.
- Lead annual budgeting and rolling forecasts, providing financial modelling and strategic planning support.
- Deliver actionable financial insights to executive management.
- Manage group cash flow and liquidity, optimize banking relationships and financing, and oversee CAPEX funding and foreign currency exposure.
- Ensure compliance with IFRS, ZATCA, VAT, Zakat, withholding tax, and local regulations.
- Lead internal and external audits, strengthening financial controls and corporate governance.
- Manage SAP ERP financial modules and improve finance automation and reporting processes, integrating Finance, Supply Chain, and Manufacturing systems.
- Lead and mentor finance teams across multiple locations, standardizing financial policies and reporting practices.
- Drive continuous improvement and performance excellence within the finance function.
- Lead financial preparation for the company's Initial Public Offering (IPO), coordinating with investment banks, legal advisors, auditors, and regulatory authorities.
- Support financial due diligence, restated financial statements, and investor readiness.
Candidate Profile
The ideal candidate will be an experienced finance professional with a minimum of 10 years of progressive experience in senior financial leadership roles, preferably within the manufacturing and trading sectors. Demonstrated expertise in financial governance, strategic planning, and managing complex financial operations across multiple entities is required. Experience with IPO preparation and navigating regulatory landscapes in Saudi Arabia and the GCC is highly valued.
The Opportunity
- An executive leadership role reporting directly to the CEO.
- The chance to lead a high-profile IPO journey.
- Regional exposure across multiple GCC operations.
- Strategic decision-making authority with direct business impact.
- A long-term leadership opportunity within a reputable and growing organization.
Application Process
Candidates interested in this full-time Chief Financial Officer position in Riyadh are invited to apply. Further details regarding the role and compensation will be discussed during the interview process.
Requirements
- Requires +10 Years experience
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