Chief Financial Officer (CFO) - Contracting | Saudi Arabia

RAWAJ; Riyadh; On-site; SAR 450,000 - 600,000; Full time

Job summary

A prominent facilities management company in Riyadh is seeking a dedicated CFO to lead the financial strategy, ensure financial stability, and support growth plans. The ideal candidate will have 15+ years of finance experience, including 5+ years in a senior leadership role, with expertise in Operations & Maintenance or Facilities Management. Candidates with strong ERP implementation experience (Dynamics 365 preferred) will be given preference.

Qualifications

• 15+ years of experience in finance, with 5 years in a senior leadership role (Finance Director / CFO).
• Experience in Operations & Maintenance, Contracting, Construction, or Facilities Management is mandatory.
• Strong experience with banking facilities and treasury management.

Responsibilities

• Develop and execute the company’s financial strategy.
• Lead budgeting, forecasting, and long-term financial planning.
• Oversee accounting, financial reporting, and audits.

Skills

Financial strategy development

Budgeting and forecasting

IFRS compliance

Treasury management

ERP implementation

Team leadership

Education

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

Master’s degree

Professional certifications (CPA, CMA, ACCA, CFA)

Tools

ERP systems (Dynamics 365)

Job description

We are seeking a dedicated and meticulous CFO for a prominent and leading company in the areas of operation and maintenance and total facilities management.

Work Location: Riyadh - Saudi Arabia

The CFO is responsible for leading the company’s financial strategy, ensuring financial stability, supporting growth plans, and enabling strong governance. The role oversees financial planning, treasury, banking relationships, budgeting, ERP implementation, and financial compliance.

Key Accountabilities

• Develop and execute the company’s overall financial strategy and support executive decision-making.
• Lead budgeting, forecasting, and long-term financial planning.
• Oversee accounting, financial reporting, audits, and IFRS compliance.
• Ensure strong internal controls, financial policies, and regulatory compliance (including Zakat, VAT, WHT).
• Manage financial aspects of government contracts, including budgeting, billing, and revenue recognition.
• Evaluate profitability and financial performance of O&M and contracting projects.
• Lead banking relationships, manage credit facilities, guarantees, and optimize cash flow and treasury operations.
• Oversee ERP implementation and financial system integration, preferably on Dynamics 365.
• Prepare reports and presentations for the Board, investors, and senior leadership.
• Lead, mentor, and develop the finance team to ensure high performance and effective execution.

Knowledge, Skills, and Experience

We Are Looking For:

• Bachelor’s degree in Accounting, Finance, or related field; Master’s degree preferred.
• Professional certifications highly preferred: CPA, CMA, ACCA, CFA.
• 15+ years of experience in finance, including at least 5 years in a senior leadership role (Finance Director / CFO).
• Experience in Operations & Maintenance, Contracting, Construction, or Facilities Management is mandatory.
• Strong experience with banking facilities, credit lines, and treasury management.
• Solid background in implementing or managing ERP systems; Dynamics 365 preferred.