Chief Financial Officer


My client is a reputable Saudi family Holding with diversified portfolio of business activities. They are currently looking for a CFO based in Jeddah. Below more details:

  • The Chief Financial Officer is responsible for providing strategic financial leadership and guidance to our organization and its subsidiaries
  • Responsible for overseeing all financial aspects of the holding group, including overseeing, and optimizing the financial performance, budgeting, and financial strategies and ensuring its long-term financial stability and growth.
  • Develop and execute the company’s financial strategy, in alignment with its short-term and long-term objectives.
  • Create financial models to support decision- making, including revenue projections, cost analysis, and investment opportunities.
  • Assess the financial viability of potential projects, conducting due diligence and risk analysis.
  • Monitor financial performance, budgeting, forecasting, and reporting to the executive team and board of directors and offer meaningful insights and recommendations.
  • Lead the annual budgeting process, working with department heads to set financial targets and monitor performance against those targets.
  • Prepare regular financial forecasts to provide insights into the company’s financial health and identify areas for improvement.
  • Develop and implement risk management strategies to protect the company’s investments, assets, and financial stability.
  • Evaluate and negotiate financing arrangements for development projects.
  • Monitor cash flow, ensuring adequate liquidity for company operations.
  • Develop and implement cash management strategies.
  • Manage capital allocation and investments, including evaluating mergers and acquisitions.
  • Optimize capital structure to support the company’s growth and strategic initiatives.
  • Assess the financial viability of potential real estate development projects, conducting due diligence and risk analysis.
  • Make recommendations on property acquisitions, dispositions, and investments.
  • Assure that maximum value against expenditure levels is maintained by all areas under the domain. Curb waste, align financial systems, and streamline financial processes.
  • Build and lead a high-performing finance team, providing mentorship and guidance to team members and ensuring their professional growth and performance.
  • Foster a culture of accountability, transparency, and teamwork within the finance department.
  • Build and maintain strong relationships with investors, banks, auditors, and other financial partners.
  • Represent the company in financial matters to external stakeholders.


  • Bachelor’s degree in finance, Accounting, or a related field.
  • An MBA or relevant professional certification (e.g., CPA, CFA) is preferred.
  • Proven experience as a CFO or in a senior financial leadership role within a holding company or similar complex corporate structure.
  • In-depth knowledge of financial and accounting principles, investment strategies, and regulatory compliance within the investment sector.
  • Strong analytical and problem-solving skills with the ability to make data-driven decisions.
  • Experience in capital raising, mergers, and acquisitions.
  • Excellent communication and interpersonal skills, with the ability to present complex financial information to non-financial stakeholders.
  • Strong leadership and team management skills.
  • Ability to adapt to changing market conditions and regulatory requirements.
  • Knowledge of IFRS standards as well as VAT and ZAKAT regulations.
  • Great knowledge of ERP systems.

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