Chief Financial Officer

ALMAALY RECRUITMENT; Dammam; On-site; SAR 80,000 - 150,000; Full time

Job summary

An established industry player is seeking a Chief Financial Officer (CFO) to lead its financial operations. This pivotal role involves overseeing financial planning, budgeting, and compliance, while managing relationships with banks and financial institutions. The ideal candidate will have a strong background in financial management, with at least 5 years of experience in a leadership position. You will be responsible for analyzing financial performance and providing strategic recommendations to enhance efficiency. Join a dynamic team where your expertise will drive the company's financial success and growth.

Qualifications

• 5+ years of experience in financial management or accounting.
• Proven leadership experience in financial roles.

Responsibilities

• Manage financial planning, budgeting, and forecasting.
• Supervise accounting operations and ensure compliance.
• Lead financial audits and manage liquidity.

Skills

Financial Planning

Budgeting

Accounting Operations

Financial Analysis

Liquidity Management

Team Leadership

Compliance

Data Analysis

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

CMA or CPA certification

Tools

ERP Systems

Accounting Software

Data Analysis Tools

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.