Overview

My client an ambitious and very well funded visionary Saudi Chain of Coffeehouses is currently looking for a CFO to join their team in Riyadh. They currently have 25 Branches and expanding across KSA. Reporting to CEO you will be manage, plan, analysis report and oversee tasks and responsibilities related to the finance department. Below more details about the role:

  • Managing finance Department Team with 13 employees.
  • Manage, plan, and oversee tasks and responsibilities related to the finance department.
  • Driving the company’s financial planning.
  • Performing risk management by analyzing the organization’s liabilities and investments.
  • Deciding on investment strategies by considering cash and liquidity risks.
  • Ensuing compliance with law and company polices.
  •  Ensuring cash flow is appropriate for the organization’s operations.

KPIs:

  • Manage, plan, and oversee tasks and responsibilities related to the finance department Operating expenses as per budget: 100%
  • Gross margin as per budget: 100%
  • Saving from all expenses: 5%
  • Net Profit As per budget: 100%
  • EBITDA As per budget: 100%
  • Intra-department satisfaction : <90%
  • Average time to process a payment: > 3 working days.
  • Days to close the books and sign off the month by 15th of each month.
  • % Of employees attend the IFRS Training: <80%

Requirements:

  • B.S degree in Finance or Accounting
  • Holding one of the finance certificate ( e.g CFA, CMA, IFRS, CFI )
  • Experience in coffee companies or restaurants with +30 branches.
  • KSA resident
  • Fluent in Arabic and English.

About CareerSaudia

CareerSaudia (A Service by CareerDubai) is an Executive Search & Recruitment Services focused on KSA based clients looking to hire Saudis and Expats. We have been in offering our Recruitment services to some top brands in KSA and known to deliver results. Our mission is to help our customers source and hire the most qualified professionals and to provide those professionals with the best job opportunities in their respective fields. Our specialty focus and exposure to highly skilled professional communities enable employers to reach hard-to-find, experienced and qualified candidates. We have instant access to local and global talent pool, bringing highest calibre of candidates with sought after skills and world class experience.