Chief Financial Officer

Humanup.io

Al Jubayl

On-site

SAR 800,000 - 1,100,000

Full time

3 days ago
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Job summary

Humanup.io is seeking a Chief Financial Officer to lead the finance function for its Saudi Arabian Jubail subsidiary. The CFO will partner with the local CEO, reporting to the Group CFO, overseeing financial control, regulatory compliance and performance management.

Key responsibilities include quarterly closings, budgeting, IFRS reporting, tax and regulatory compliance, treasury, and developing the local finance team.

Qualifications

  • 10+ years of finance experience with senior leadership exposure.
  • Experience in Saudi Arabia or Gulf region preferred.
  • Experience in a multinational environment, ideally with an international HQ.

Responsibilities

  • Lead quarterly and annual closing, budgeting, forecasting, cash flow management and performance analysis.
  • Coordinate reporting and consolidation under Group standards, IFRS where applicable.
  • Oversee Saudi accounting, tax, VAT, Zakat, and regulatory compliance.
  • Maintain internal controls and partner with internal audit.
  • Support CEO in operational decisions, performance management and cost control.
  • Manage treasury, bank relations, payables/receivables and working capital.
  • Develop and lead the local finance team and coordinate with Group Finance.
  • Drive financial process transformation and alignment with initiatives.

Skills

Strategic leadership
Financial analysis
Internal controls
Stakeholder management
IFRS knowledge
Project-based finance

Education

Master's degree in Finance/Accounting/Economics
ACCA/CPA/CMA or equivalent

Tools

Microsoft Dynamics 365 Business Central
Power BI

Job description

Our client, an international industrial group, is looking for a Chief Financial Officer to lead the finance function of its Saudi Arabian subsidiary, based in Jubail.

The CFO will act as a strategic business partner to the local CEO, with a direct functional reporting line to the Group CFO. The role covers financial control, regulatory compliance, business performance management and alignment with Group financial policies and standards.

Key Responsibilities
  • Financial management: lead quarterly and annual closing, budgeting, forecasting, financial planning, cash flow management, project reviews and performance analysis.
  • Reporting and consolidation: ensure accurate and timely monthly reporting under Group standards, including IFRS where applicable.
  • Statutory compliance: oversee Saudi accounting, tax, VAT, Zakat, corporate income tax and other local regulatory requirements, and ensure regulatory watch.
  • Internal controls and audit: maintain effective controls, risk management and compliance with Group procedures. Act as a partner to the internal audit function.
  • Business partnering: support the CEO in operational decisions, performance management and cost control.
  • Treasury and working capital: manage liquidity, banking relationships, receivables, payables and cash optimization in line with Group guidelines.
  • Team leadership: manage and develop the local finance team and coordinate with Group Finance.
  • Transformation: improve financial processes, reporting systems and operational efficiency in line with internal audit recommendations, the Group CFO and approved initiatives. Develop a financial culture across operational departments.
Experience
  • 10+ years of relevant finance experience, including at least 3 to 5 years in a senior finance leadership role.
  • Proven experience as CFO, Finance Director, Financial Control Manager or equivalent.
  • Experience in Saudi Arabia or the wider Gulf region strongly preferred.
  • Experience in a multinational environment, ideally within a European or North American headquartered group.
  • Demonstrated ability to work with both local management and an international headquarters.
  • Experience in a project-based business is highly appreciated (sales and margin recognition based on project completion, and all related financial impacts).
  • Experience managing a Saudi subsidiary reporting to an international headquarters is highly desirable.
Technical Skills
  • Strong knowledge of financial reporting, budgeting, forecasting, cash management and internal controls.
  • Good understanding of IFRS and Saudi statutory accounting and tax requirements.
  • Familiarity with ZATCA requirements, including VAT, Zakat and corporate income tax.
  • ERP experience mandatory, ideally Microsoft Business Central (ex NAV).
  • Power BI skills appreciated.
  • Knowledge of financing tools, including bank guarantees and letters of credit.
  • Strong analytical skills and business acumen.
Education
  • Master's degree in Finance, Accounting, Economics or a related field.
  • Professional qualification such as ACCA, CPA, CMA or equivalent preferred.
Languages and Personal Attributes
  • Fluent business English and Arabic required (many local documents, tax invoices and contracts are in Arabic only, and some suppliers and bankers only speak Arabic).
  • Strong leadership, integrity, rigor, communication and stakeholder management skills.
  • Able to operate autonomously in a matrix reporting structure, balancing local business priorities with Group requirements.
  • Long-term vision combined with the ability to dig deep into details.
  • High capacity for work and resilience under pressure.
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