Financial Director

Confidential; Saudi Arabia; On-site; SAR 500,000 - 800,000; Full time

Job summary

Confidential, a leading transportation and logistics company in Riyadh, Saudi Arabia, seeks a seasoned Financial Director with 15+ years of progressive finance experience to lead the finance function and shape financial strategy across diversified operations.

The role covers budgeting, IFRS reporting, treasury, tax compliance, and profitability analysis, with a strong emphasis on leadership, stakeholder management, and strategic advisory to the CFO and Board.

Qualifications

• Bachelor’s degree in accounting/finance is required or equivalent.
• Master’s/MBA preferred for senior leadership track record.
• Professional certifications CPA, CMA, CFA, or SOCPA are required.

Responsibilities

• Lead annual budgeting, forecasting, and long-term financial planning.
• Prepare and present consolidated IFRS-compliant financial statements.
• Oversee cash flow, liquidity, and treasury across entities.
• Manage relationships with banks, financing institutions, and auditors.
• Ensure compliance with Zakat, VAT, and local tax regulations.
• Lead internal controls and coordinate audits (internal/external).
• Drive cost optimization and working capital efficiency initiatives.
• Analyze cost-per-kilometer/trip to support operational decisions.
• Support pricing and contract profitability analysis for freight/logistics.
• Monitor fuel price fluctuations and impact on margins; propose mitigations.
• Support fleet expansion decisions with cash flow and capex analysis.
• Manage CAPEX planning and investment appraisal; assist M&A where applicable.
• Develop and mentor the finance team; present KPIs to CFO/CEO and Board.

Skills

Leadership

Financial modeling

Excel

Power BI

Arabic & English

Stakeholder management

Education

Bachelor's degree in Accounting or Finance

Master's/MBA preferred

CPA/CMA/CFA/SOCPA

Tools

SAP

Oracle

Microsoft Dynamics

Fleet management systems

Job description

Job Title: Financial Director

1. Location: Riyadh, Saudi Arabia

CompanyIndustry : Transportation & Logistics Sector

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 (as applicable)
• 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