Group Financial Controller

About the Role

IFG Holding is seeking a Group Financial Controller to join its team in Riyadh. This full-time leadership position reports directly to the CEO and is responsible for overseeing the financial function across the holding company and its subsidiaries, both within and outside the Kingdom of Saudi Arabia. The role requires over 10 years of experience in financial management.

Key Responsibilities

• Lead the finance function and supervise accounting managers and teams within subsidiaries, ensuring the development and unification of financial policies and procedures.
• Direct the preparation of annual budgets, financial plans, and forecasts, including performance analysis, deviation reporting, and proposing corrective actions.
• Manage liquidity planning, cash flows, and working capital, while monitoring financing obligations and banking relationships.
• Oversee financial closing processes, review subsidiary financial statements, and prepare consolidated financial statements for the group.
• Provide reports, analyses, and recommendations to the CEO to support operational, investment, and financing decisions.
• Evaluate the financial feasibility of projects and expansions, and monitor costs for real estate development projects, asset profitability, leased equipment, and technical activities.
• Develop financial controls and risk management frameworks, ensuring compliance with Zakat, tax requirements, and relevant accounting standards.
• Coordinate with auditors and consultants, and follow up on the resolution of internal and external audit observations.
• Develop the financial team and improve financial systems, including the automation of financial reports and procedures.

Qualifications and Experience

• Bachelor's degree in Accounting or Finance is required; a Master's degree in a related specialization is preferred.
• Minimum of 8 years of experience in financial management and accounting, with at least 3 years in leading a financial team or financial management.
• Practical experience within multi-company and multi-activity groups, including the preparation of consolidated financial statements.
• Proven experience in liquidity management, budgeting, financial planning, financial analysis, and managing banking relationships.
• Strong knowledge of financial reporting standards and relevant Zakat and tax requirements.
• Proficiency in ERP systems, Excel, and financial analysis and reporting tools.
• Proficiency in both Arabic and English languages.
• Professional certifications such as SOCPA, CPA, ACCA, or CMA are preferred.
• Experience in real estate development, asset management, and equipment leasing is preferred.

Core Competencies

• Leadership
• Financial analysis
• Risk management
• Effective communication with executive management
• Integrity and accuracy of information
• Ability to translate analyses into actionable recommendations

Application Process

Candidates who meet the above qualifications are encouraged to apply for this Group Financial Controller position in Riyadh.