Chief Financial Officer

Confidentiel; Riyadh; On-site; SAR 900,000 - 1,300,000; Full time

Job summary

Confidentiel seeks an experienced Chief Financial Officer to steer financial strategy and governance for a construction-focused group. You will drive planning, budgeting, cash flow, and profitability across multiple projects, ensuring robust internal controls and compliance with IFRS and Saudi regulations.

The role requires 15+ years in finance with at least 5 years in senior leadership, and direct exposure to construction or EPC sectors.

Qualifications

• Bachelor's degree in Finance, Accounting, or related field; MBA preferred.
• CPA/ACCA/CMA/CFA certifications are highly desirable.
• 15+ years of progressive finance experience, including at least 5 years in a senior leadership role.
• Construction, contracting, EPC, or infrastructure industry experience is mandatory.
• Experience overseeing financial operations for large multi-project construction businesses.
• Strong knowledge of project accounting, cost control, cash flow management, and revenue recognition.
• Experience with banking facilities, project financing, and financial guarantees.
• In-depth knowledge of IFRS and Saudi regulatory requirements; governance and internal controls.

Responsibilities

• Develop and execute financial strategies aligned with business objectives and growth plans.
• Lead financial planning, budgeting, forecasting, and reporting.
• Oversee financial performance, cost control, and profitability across projects.
• Manage cash flow, working capital, treasury, banking facilities, and project financing.
• Monitor project budgets, contracts, claims, and payment obligations.
• Ensure IFRS and Saudi regulatory compliance and internal policies.
• Provide strategic financial insights to CEO and Board of Directors.
• Lead and develop the finance team and improve financial systems and controls.

Skills

Strategic leadership

Financial analysis

Stakeholder management

Negotiation

Risk management

Team leadership

Education

Bachelor's degree in Finance/Accounting

MBA or Master’s degree preferred

CPA/ACCA/CMA/CFA desirable

Tools

SAP

Oracle

Job description

We are seeking an experienced and strategic Chief Financial Officer (CFO) to lead the financial operations of a construction company. The CFO will be responsible for financial strategy, planning, budgeting, treasury, risk management, and overall financial performance.

The ideal candidate will have extensive experience in the construction, contracting, or infrastructure sector, with a strong understanding of project-based financial management, cash flow optimization, project profitability, and financial governance.

Key Responsibilities

• Develop and execute financial strategies aligned with the company's business objectives and growth plans.
• Lead financial planning, budgeting, forecasting, and financial reporting.
• Oversee financial performance, cost control, and profitability across construction projects.
• Manage cash flow, working capital, treasury operations, banking facilities, and project financing.
• Monitor project budgets, financial risks, contracts, claims, and payment obligations.
• Ensure compliance with IFRS, Saudi financial regulations, ZATCA requirements, and internal financial policies.
• Provide strategic financial insights and recommendations to the CEO and Board of Directors.
• Lead and develop the finance team while improving financial systems, processes, and internal controls.

Qualifications & Requirements

• Bachelor's degree in Finance, Accounting, or a related field. MBA or Master's degree is preferred.
• Professional certification such as CPA, ACCA, CMA, or CFA is highly desirable.
• Minimum 15 years of progressive finance experience, including at least 5 years in a senior financial leadership role.
• Significant experience in the construction, contracting, EPC, or infrastructure industry is mandatory.
• Proven experience overseeing financial operations for large-scale, multi-project construction businesses.
• Strong knowledge of construction project accounting, cost control, cash flow management, and revenue recognition.
• Demonstrated experience managing banking facilities, project financing, and financial guarantees.
• In-depth knowledge of IFRS, financial governance, internal controls, and Saudi regulatory requirements.
• Experience with ERP systems such as SAP, Oracle, or equivalent.
• Excellent leadership, analytical, negotiation, and stakeholder management skills.
• Previous experience in Saudi Arabia or the GCC construction market is strongly preferred.