Chief Financial Officer

ALMAALY RECRUITMENT; Dammam; On-site; SAR 400,000 - 600,000; Full time

Job summary

A recruitment firm is seeking a Chief Financial Officer (CFO) to manage all financial activities including planning, budgeting, and auditing. The ideal candidate should possess a Bachelor's degree in accounting or finance, with professional certifications like CMA or CPA preferred. A minimum of 5 years' experience in financial management in a leadership role is required. This position is based in Dammam, Saudi Arabia, and includes responsibilities such as financial analysis and team leadership.

Qualifications

• Bachelor's degree in accounting, finance or a related discipline is required.
• Professional certifications like CMA or CPA are preferred.
• Minimum of 5 years' experience in financial management or accounting.

Responsibilities

• Manage all financial activities including planning, budgeting, and forecasting.
• Supervise the accounting department and ensure compliance.
• Coordinate internal and external audits.

Skills

Financial analysis

Leadership

Knowledge of financial laws

Accounting software proficiency

Data analysis tools

Education

Bachelor's degree in accounting, finance or a related discipline

Professional certificates such as CMA or CPA

Tools

ERP systems

Job description

The CFO is responsible for managing all of the Company's financial activities, including financial planning, budgeting and forecasting, accounting operations, and financial performance analytical

It also oversees internal and external audits and ensures compliance with accounting standards and financial laws.

Tasks and Responsibilities :

Financial Planning and Budgeting : Preparation and implementation of long-term and short-term financial strategies. Developing the annual budget and financial projections and following up on their implementation with the necessary adjustments.

Accounting Department : Supervise the preparation of final accounts and periodic and forecasting financial reports. Ensure accuracy in accounting records and compliance with approved accounting standards

• Audit and Compliance : Coordinate internal and external audits, and work to avoid financial irregularities.

Follow up on updates in local and international financial laws and regulations and apply them in the company.

Liquidity Management and Financial Relationships :

Cash flow monitoring and liquidity management to ensure continuity of operations.

Managing relationships with banks and financial institutions and negotiating credit facilities and banking services.

Financial Analysis and Decision Making : Analyze financial statements and provide detailed reports to senior management with recommendations to improve efficiency and reduce costs. Evaluate financial performance indicators and prepare periodic analytical reports.

Team Leadership and Internal Coordination :

Managing and directing the financial task force and providing them with the necessary support and training.

Coordinate with different departments to ensure that financial plans and strategies are aligned with the company's objectives.

Job Requirements

Bachelor's degree in accounting, finance or a related discipline

professional certificates such as CMA or CPA are preferred.

At least 5 years of experience in financial management or accounting with proven experience in a leadership position. / Work Place Dammam / Working - 8 hrs

Advanced analytical skills and ability to use accounting software, ERP systems and data analysis tools.