CFO (Chief Financial Officer)

Sealy Mattress Middle East; Saudi Arabia; On-site; SAR 400,000 - 600,000; Full time

Job summary

A leading company in the bedding industry in Saudi Arabia is seeking an experienced Chief Financial Officer (CFO). The ideal candidate will develop financial strategies and oversee financial stability while leading the finance team. Candidates should have at least 8 years of relevant experience and a strong understanding of corporate finance. This role offers opportunities to influence the company's financial success in a dynamic marketplace.

Benefits

Private Health Insurance

Training & Development

Performance Bonus

Qualifications

• Minimum of 8 years of experience as CFO or in a senior financial leadership role.
• Strong understanding of corporate finance and accounting principles.
• Exceptional analytical skills and ability to interpret financial data.

Responsibilities

• Develop and execute financial strategies to support growth objectives.
• Oversee financial planning, analysis, and reporting processes.
• Manage cash flow, working capital, and capital expenditures.
• Lead financial audits and ensure regulatory compliance.
• Collaborate with executives on business strategy.

Skills

Financial strategy

Financial planning

Cash flow management

Leadership

Analytical skills

Communication skills

Education

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

MBA or relevant advanced degree

Job description

Sealy Mattress Middle East, a prominent player in the bedding and mattress industry, operates as a licensed manufacturer of Sealy Inc. USA in Saudi Arabia and the MENA region. With our roots dating back to 1990, we have been pivotal in introducing high‑end bedding products such as Sealy, Crown Jewels, and Stearns & Foster to the Arab world. Our commitment to quality and innovation led to the establishment of a state‑of‑the‑art production facility in Jeddah, Saudi Arabia, in 1999. Today, we proudly contribute to Sealy’s global offerings, leveraging advanced technologies and a robust customer service framework to enhance our market presence. As we continue to expand and elevate our operations, we are seeking an experienced Chief Financial Officer (CFO) to join our leadership team. The ideal candidate will play a critical role in shaping our financial strategy, guiding our growth efforts, and ensuring the financial health of the organization. This is an exciting opportunity for a dynamic leader to influence the future of Sealy Mattress Middle East and drive our financial success in a rapidly evolving marketplace.

Responsibilities

• Develop and execute financial strategies to support the company’s growth objectives.
• Oversee financial planning, analysis, and reporting processes to ensure accurate forecasts and budgets.
• Manage cash flow, working capital, and capital expenditures effectively to maintain financial stability.
• Lead financial audits and ensure compliance with regulatory requirements and internal policies.
• Collaborate with other executives to formulate and implement overall business strategy and operational plans.
• Provide insights and recommendations to the board on financial performance and strategic initiatives.
• Supervise the finance team, fostering a culture of accountability, collaboration, and professional development.

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field; MBA or relevant advanced degree preferred.
• Proven 8 years of experience as CFO or in a senior financial leadership role within the consumer goods industry.
• Strong understanding of corporate finance, accounting principles, and financial market dynamics.
• Experience in strategic planning and execution, with a proven track record of driving financial performance improvements.
• Exceptional analytical skills and an ability to interpret financial data and trends.
• Excellent leadership and team management skills, with the ability to influence and motivate others.
• Strong communication and negotiation skills, with a capacity to present complex financial information clearly.
• Male. 35 to 45 years old.
• Saudi national

Benefits

• Private Health Insurance
• Training & Development
• Performance Bonus