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Chief Financial Officer

Finance & Accounting



Location: Saudi Arabia
Date Posted: July 27th 2020

The Company

Our client, a hugely successful and well backed startup in the Kingdom, are looking to appoint a CFO due to internal promotion. We are looking for a Saudi National candidate for this position.

The Role

Key responsibilities will include:

  • Responsible, either directly or by managing staff, for all cash management, investments, insurance, budgeting, and financial reporting, helping to drive the company’s financial strategy and hiring needs
  • Coordinate the development of the annual operating, capital, and program budgets, and reporting against the same
  • Ensure cash flow is compatible with company operations, by overseeing the day-to-day accounting, recording, reporting, and internal control activities of the organization
  • Lead the development and use of best-practice policies, practices, and tools that ensure a well-controlled yet flexible organization with strong fiscal management, project management, cross team communications and workflow
  • Comply with federal, state, and local financial requirements by studying existing and new legislation, enforcing compliance, and taking action
  • Work with the senior management to efficiently develop proposal budgets, provide access to project finance information, and manage contract/grant compliance and reporting
  • Research revenue opportunities and economic trends, analyze internal operations, identify areas of cost reduction and process enhancement
  • Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives
  • Oversee HR function, coordinating with external service providers (payroll, benefits, and general HR) and internal staff responsible for various aspects of HR
  • Monitor performance with tracking, establish corrective measures as needed, and prepare detailed reports, both current and forecasting for earnings calls, the management team, and the rest of the company
  • Manage finance personnel and oversee financial IT systems, ensuring compliance with all applicable Financial Accounting Standards Board, Internal Revenue Service, State Attorney General, and other relevant regulations

The Person

We are looking for a Saudi National Candidate for this position.

  • Chartered Accountant & Master’s degree in accounting, business accounting, or finance
  • 5+ years experience in executive leadership positions
  • Leadership skills, with steadfast resolve and personal integrity
  • Exceptional verbal, written, and visual communication skills
  • Understanding of advanced accounting, regulatory issues, and tax planning
  • Working knowledge of raising capital beyond traditional lines of credit
  • International experience
  • Experience with mergers and acquisitions and investor relations
  • Executive experience with SaaS business models and their associated revenue recognition is strongly preferred

Benefits

This position offers high growth opportunities for the right candidate.

Salary

70,000 SAR +

Job ID

MH 20847

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