CFO

NTS Group; Dammam; On-site; SAR 360,000 - 500,000; Full time

Job summary

A leading executive search firm is seeking a CFO for their operations in Dammam, Saudi Arabia. The ideal candidate will have over 15 years of finance leadership experience, with strong skills in financial governance, audit management, and team leadership. This role demands a commercial mindset and the ability to influence stakeholders at senior levels. A Bachelor's degree in Finance or Accounting and a professional qualification are preferred. The position requires fluency in Arabic.

Qualifications

• 15 plus years of progressive finance leadership experience with a significant controllership track record.
• Proven experience leading large teams and improving process discipline.
• Strong command of financial reporting and consolidation in a complex multi entity environment.

Responsibilities

• Own the integrity and accuracy of all financial reporting across the Group.
• Partner with the CEO on financial strategy, capital allocation, and long range planning.
• Lead budgeting, forecasting, and performance tracking.

Skills

Arabic speaker

Financial governance

Audit management

Stakeholder management

Leadership

Education

Bachelor’s degree in Finance, Accounting, or related discipline

Professional qualification (CPA, ACCA, CA, CMA or equivalent)

Job description

We are NTS Group. The region’s leading Executive Search, Outplacement & Career Transition firm across the Middle East, bringing over 25 years of local expertise and a track record of exceptional service for our clients and candidates. Operating from our strategically positioned offices in Dubai, London, and Singapore, we offer a comprehensive range of services delivered by industry experts. These include Contingency & Executive Search Campaigns, Outplacement & Redundancy Support, RPO Projects, Talent Mapping, Women in Leadership & Leadership Development, and our award-winning Executive Career Transitioning Programs.

We are currently working with a leading company to recruit a CFO based in Dammam, Saudi Arabia. The CFO will lead the Group’s finance function, providing strong financial stewardship, governance, and strategic partnering to support performance, growth, and risk management. This is a hands on leadership role requiring a proven controllership foundation, deep expertise in financial operations and compliance, and the ability to manage and develop a large, multi layered finance team.

What You’ll be Doing…

Financial leadership and controllership

• Own the integrity, accuracy, and timeliness of all financial reporting across the Group, ensuring robust controls, policies, and procedures
• Lead monthly, quarterly, and annual closing cycles, including consolidation and management reporting
• Maintain strong governance over GL, AP, AR, fixed assets, revenue recognition, and inventory or project accounting where relevant
• Oversee audit readiness, external audits, and statutory compliance, ensuring alignment with local regulations and relevant reporting standards
• Strengthen internal control frameworks, risk registers, and compliance processes, driving continuous improvement and standardisation

Strategic finance and performance management

• Partner with the CEO and leadership team to shape financial strategy, capital allocation, and long range planning
• Lead budgeting, forecasting, and performance tracking, translating operational plans into measurable financial outcomes
• Provide insight on profitability, margin improvement, working capital optimisation, and cost discipline
• Develop decision quality analytics, dashboards, and KPI frameworks to support the executive team and business unit leaders

Treasury, cash management, and funding

• Lead cash flow planning, liquidity management, and working capital governance
• Manage banking relationships, facilities, and funding strategy in line with the Group’s growth plans
• Oversee financial risk management including FX, interest rate exposure, credit risk, and insurance coordination where relevant

Leadership, people, and stakeholder management

• Lead, coach, and develop a large finance organisation, setting clear structures, roles, and accountability
• Build a high performance culture across controllership, FP&A, treasury, tax, internal audit, and shared services as applicable
• Manage relationships with key external stakeholders including auditors, banks, regulators, and advisors
• Present clear, confident financial updates to the Board, shareholders, and senior leadership, influencing outcomes through data and judgement

Who You Are…

• Arabic speaker is required
• 15 plus years of progressive finance leadership experience with a significant controllership track record
• Strong command of financial governance, reporting, consolidation, audit management, and internal controls within a complex multi entity environment
• Proven experience leading large teams, building scalable finance structures, and improving process discipline
• Commercial mindset with the ability to partner the business while protecting financial integrity and compliance
• Strong stakeholder presence with the ability to operate with confidentiality and professionalism at senior levels
• Experience in a local group, multi business environment, or diversified portfolio is preferred

Bachelor’s degree in Finance, Accounting, or related discipline

Professional qualification preferred (CPA, ACCA, CA, CMA or equivalent)