CFO

Client of Professional Recruitment; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a dynamic Chief Financial Officer (CFO) to lead financial strategy and operations for large, high-value projects. In this pivotal role, you will manage multimillion-dollar budgets, ensuring compliance and financial integrity while driving operational efficiency. The ideal candidate will possess over a decade of financial leadership experience, with a strong background in risk management and project accounting. Join a forward-thinking organization where your expertise will be crucial in navigating complex financial landscapes and supporting mission-critical initiatives.

Qualifications

• 10+ years of financial leadership experience with large projects.
• Expertise in compliance audits and financial controls.

Responsibilities

• Lead financial strategy and ensure alignment with business goals.
• Oversee budgeting and capital allocation for large-scale projects.

Skills

Financial Strategy

Budget Management

Risk Management

Compliance Audits

Cost Accounting

Financial Analysis

Education

Bachelor’s degree in Finance

Master’s/MBA

CPA or CMA certification

Tools

ERP Platforms

Project Accounting Tools

Job description

Position Summary:
We are seeking an experienced and results-driven Chief Financial Officer (CFO) to oversee the financial strategy and operations of large, high-value projects with complex compliance, reporting, and funding structures. The ideal candidate will have a strong background in managing multimillion-dollar budgets across highly regulated and strategically critical initiatives, ensuring financial integrity, performance, and long-term sustainability.
This is a key executive role responsible for driving fiscal discipline, risk management, and operational efficiency across all phases of major projects.

Key Responsibilities:

1. Lead the organization’s financial strategy, ensuring alignment with long-term business goals and project delivery requirements.
2. Oversee financial planning, budgeting, forecasting, and capital allocation for large-scale, mission-critical projects.
3. Ensure robust financial oversight and compliance with large-project contracting standards, audit requirements, and cost-accounting regulations.
4. Collaborate closely with executive leadership, project managers, and compliance teams to maintain financial discipline throughout the lifecycle of each project.
5. Monitor and manage project expenditures, cost controls, and funding drawdowns to ensure performance targets are met.
6. Lead financial due diligence, risk assessments, and mitigation strategies for all major initiatives.
7. Present financial updates, forecasts, and strategic recommendations to executive stakeholders and board members.
8. Build and lead a high-performing finance team capable of supporting complex, multi-year projects under strict accountability frameworks.

Qualifications:

1. Bachelor’s degree in Finance, Accounting, or Business Administration (Master’s/MBA preferred).
2. CPA, CMA, or equivalent financial certification strongly preferred.
3. 10+ years of progressive financial leadership experience, including 5+ years overseeing large and highly regulated projects.
4. Expertise in large-project contracting, cost accounting standards, compliance audits, and financial controls.
5. Strong command of financial systems, project accounting tools, and ERP platforms.
6. Strategic thinker with the ability to translate financial data into actionable business insights.

Preferred Attributes:

1. Experience supporting sensitive, mission-critical programs under strict confidentiality.
2. Familiarity with contract vehicles such as IDIQs, cost-plus, fixed-price, or T&M.
3. Ability to operate effectively in high-pressure, deadline-driven environments with multiple stakeholders.