CFO

The Professionals; Riyadh; On-site; SAR 669,600 - 892,800; Full time

Job summary

The Professionals is looking for a Chief Financial Officer (CFO) to serve as a strategic partner to the CEO in Riyadh. This executive role demands over 12 years of financial leadership in healthcare, emphasizing direct experience with IPOs and regulatory compliance. Responsibilities include driving financial strategy, managing capital markets, and optimizing financial operations within the organization. Ideal candidates will possess strong leadership skills, advanced financial modeling abilities, and a commitment to governance and compliance.

Qualifications

• 12–18+ years of progressive financial leadership experience.
• Proven track record as CFO or senior finance leader in healthcare.
• Direct IPO experience is mandatory.

Responsibilities

• Drive long-term financial strategy aligned with growth.
• Lead end-to-end IPO process including readiness and listing.
• Oversee accounting, financial reporting, and internal controls.
• Optimize revenue cycle management in healthcare.

Skills

Strategic thinking

Healthcare financial models

IPO execution

Stakeholder management

Financial modeling

Education

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

MBA

Job description

Role Summary

The Chief Financial Officer (CFO) will serve as a strategic partner to the CEO and Board, leading all financial functions of the organization. The role requires strong experience in IPO execution, regulatory compliance, financial governance, and scaling finance operations within a healthcare environment.

Key Responsibilities

1. Strategic Leadership

• Drive long-term financial strategy aligned with growth, expansion, and shareholder value
• Partner with CEO and Board on capital allocation, investments, and M&A opportunities
• Lead financial planning, forecasting, and scenario modeling

2. IPO & Capital Markets

• Lead end-to-end IPO process (readiness, advisors, valuation, listing, investor roadshows)
• Manage relationships with investment banks, regulators, auditors, and legal advisors
• Ensure compliance with market regulations (e.g., Saudi Exchange (Tadawul), CMA requirements or equivalent)
• Oversee post-IPO reporting, disclosures, and investor relations

3. Financial Operations

• Oversee accounting, financial reporting, treasury, tax, and internal controls
• Ensure timely and accurate preparation of financial statements (IFRS compliance)
• Manage cash flow, working capital, and funding strategies

4. Healthcare Financial Management

• Optimize revenue cycle management (RCM), billing, and insurance claims
• Monitor cost structures across hospitals, clinics, and medical services
• Analyze payer mix, margins, and operational KPIs specific to healthcare

5. Governance & Compliance

• Establish robust internal controls and risk management frameworks
• Ensure compliance with healthcare regulations and financial reporting standards
• Lead audit processes (internal and external)

6. Team Leadership

• Build and lead a high-performing finance team
• Develop succession planning and finance transformation initiatives
• Foster a culture of accountability, transparency, and performance

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field (MBA preferred)
• Professional certifications such as CPA, CFA, or ACCA strongly preferred

Experience

• 12–18+ years of progressive financial leadership experience
• Proven track record as CFO or senior finance leader in healthcare
• Direct IPO experience (mandatory) – leading or playing a key role in listing
• Experience with publicly listed companies and investor relations
• Strong exposure to regulatory frameworks and capital markets

Key Skills & Competencies

• Strategic thinking and commercial acumen
• Deep knowledge of healthcare financial models and operations
• Expertise in IPO execution and capital markets
• Strong leadership and stakeholder management skillsAdvanced financial modeling and analytical capabilities