Financial Director

Confidential; Riyadh; On-site; SAR 450,000 - 850,000; Full time

Job summary

Confidential offers an executive Financial Director role in the transport and logistics sector. You will lead the finance function across diversified operations, shaping strategy, governance and performance metrics.

The role demands strong IFRS expertise, Saudi tax knowledge and proven leadership of finance teams. Responsibilities include budgeting, consolidated statements, cash management, and stakeholder reporting to the Group CFO/CEO and Board.

Qualifications

• 15+ years of progressive finance experience, with 5+ in leadership.
• Professional certification: CPA, CMA, CFA or SOCPA.
• Experience in transportation, logistics or fleet-heavy industries preferred.
• Strong ERP knowledge and fleet-management system familiarity.
• Advanced IFRS and Saudi tax/Zakat understanding.

Responsibilities

• Lead budgeting, forecasting and long-term financial planning.
• Prepare consolidated IFRS statements and reports.
• Oversee cash flow, liquidity and treasury activities.
• Manage bank relations, financing and external audits.
• Ensure Zakat, VAT and local tax compliance.
• Drive internal controls, audits and process improvements.
• Optimize costs and working capital efficiency.
• Support pricing and contract profitability analyses.
• Oversee CAPEX planning, investment appraisal, and M&A support.
• Develop and mentor the finance team; present to CFO/CEO and Board.

Skills

IFRS expertise

Financial planning

Treasury management

ERP: SAP/Oracle/MS Dynamics

Budgeting & forecasting

Banking relationships

Leadership

Arabic & English fluency

Education

Bachelor's degree in Accounting/Finance

Master's/MBA preferred

Tools

Power BI

Excel

Financial modeling

Job description

We are a leading company in the transportation and logistics sector, seeking a seasoned Financial Director with 15+ years of progressive finance experience, ideally within transport, logistics, or fleet-intensive industries, to lead our finance function and drive financial strategy across our diversified operations.

Key Responsibilities:

• Lead the annual budgeting, forecasting, and long-term financial planning process
• Prepare, review, and present consolidated financial statements in compliance with IFRS
• Oversee cash flow, liquidity, and treasury management across all entities
• Manage relationships with banks, financing institutions, and external auditors
• Ensure full compliance with Zakat, VAT, and local tax regulations
• Lead internal control frameworks and coordinate internal/external audits
• Drive cost optimization and working capital efficiency initiatives
• Analyze cost-per-kilometer / cost-per-trip metrics to support operational efficiency decisions
• Support pricing and contract profitability analysis for freight/logistics agreements
• Monitor fuel price fluctuations and their impact on operating margins, and recommend mitigation strategies
• Support fleet expansion decisions, including lease-vs-buy financial analysis
• Manage CAPEX planning and investment appraisal
• Support M&A activities, due diligence, and financial structuring
• Develop and mentor the finance team; build succession-ready talent
• Present financial performance and KPIs to the Group CFO/CEO and Board

Qualifications & Requirements:

• Bachelor's degree in Accounting, Finance, or related field (Master's/MBA preferred)
• Professional certification required: CPA, CMA, CFA, or SOCPA
• Minimum 15 years of progressive finance experience, with 5+ years in a leadership capacity
• Prior experience in transportation, logistics, or fleet-heavy industries strongly preferred
• Strong command of ERP systems (SAP, Oracle, Microsoft Dynamics)
• Familiarity with fleet management systems integrated with financial/ERP platforms
• Deep understanding of freight/logistics cost structures (fuel, drivers, maintenance, depreciation)
• Advanced proficiency in financial modeling, Excel, and Power BI
• Deep knowledge of IFRS and Saudi tax/Zakat regulations
• Excellent leadership, negotiation, and stakeholder management skills
• Fluency in Arabic and English