CFO

The Professionals; Riyadh; On-site; SAR 400,000 - 600,000; Full time

Job summary

An established industry player is on the lookout for a dynamic Chief Financial Officer (CFO) to spearhead financial strategies for large-scale projects. This pivotal role requires a seasoned professional adept in managing multimillion-dollar budgets while ensuring compliance and financial integrity. The CFO will collaborate with executive leadership to drive fiscal discipline and operational efficiency, overseeing all phases of major initiatives. If you thrive in high-pressure environments and possess a strategic mindset, this opportunity to lead a high-performing finance team and influence critical business decisions could be the perfect fit for you.

Qualifications

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

Responsibilities

• Lead financial strategy ensuring alignment with business goals.
• Oversee budgeting and capital allocation for mission-critical projects.

Skills

Financial Leadership

Risk Management

Budget Management

Strategic Thinking

Compliance Audits

Education

Bachelor’s degree in Finance

Master’s/MBA

CPA or CMA certification

Tools

Financial Systems

Project Accounting Tools

ERP Platforms

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:

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

Qualifications:

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

Preferred Attributes:

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