Chief Financial Officer

About the Role

NANCO Group is seeking a Chief Financial Officer to join its team in Riyadh, Saudi Arabia. This full-time role involves leading the financial strategy and operations of the organization, ensuring financial stability and supporting strategic objectives. The Chief Financial Officer will be responsible for overseeing all financial and accounting functions, providing strategic financial guidance, and managing the finance team.

Key Responsibilities

• Develop and implement financial strategies, annual operating plans, and budgets aligned with organizational objectives.
• Oversee daily financial and accounting operations, ensuring accuracy, efficiency, and compliance with policies and regulations.
• Lead financial planning, budgeting, forecasting, and variance analysis to support business performance and decision-making.
• Prepare and review financial statements, periodic management reports, and key financial performance metrics, presenting insights and recommendations to senior management.
• Analyze financial data, monitor expenditures, assess financial performance, and identify opportunities to improve profitability and optimize resource utilization.
• Lead financial review meetings with senior management and relevant departments to discuss financial results, budget performance, risks, and corrective actions.
• Monitor cash flow, financial requirements, expected returns, and financial risks to support the organization's financial stability and growth.
• Review and approve financial transactions and expenditure requests, ensuring compliance with approved budgets, authorization limits, and internal control procedures.
• Establish, review, and enhance financial policies, accounting procedures, and internal control systems to strengthen governance, transparency, and compliance.
• Coordinate with external auditors and provide necessary financial information, supporting documents, and explanations to facilitate audit activities.
• Collaborate with cross-functional teams to align financial plans with operational requirements, business priorities, and organizational objectives.
• Identify financial risks, investigate irregularities, recommend corrective actions, and report significant financial issues to senior management.
• Lead, supervise, and develop the finance team, ensuring effective performance management, knowledge development, and continuous improvement.
• Identify opportunities to streamline financial processes, improve reporting efficiency, and enhance the quality of financial information used in business decisions.

Qualifications and Experience

• A minimum of 10 years of experience in a relevant financial leadership role.
• Demonstrated ability to develop and implement financial strategies.
• Strong understanding of financial planning, budgeting, forecasting, and variance analysis.
• Proficiency in preparing and analyzing financial statements and management reports.
• Experience in establishing and enhancing financial policies and internal control systems.

Work Environment and Type

This is a full-time position based in Riyadh, Riyadh, Saudi Arabia. The role requires active participation in financial review meetings and collaboration with various departments.

Application Process

Salary information for this position will be disclosed during the interview process.