Finance Director
Summary
| Title: | Finance Director |
|---|---|
| ID: | 3167 |
| Department: | Finance |
| Location : | Riyadh |
| Nationality : | Saudi Arabia |
| Industry: | Real Estate |
| Type of Contract : | Full-time |
Description
Responsibilities:
Requirements:
- Develop and execute the organization’s financial strategy to support long-term business objectives.
- Lead, mentor, and manage a finance team of 10, ensuring high performance and continuous improvement.
- Oversee financial planning, forecasting, budgeting, and reporting processes.
- Provide strategic financial insights and recommendations to the CEO and executive team.
- Manage fund operations, including fund structuring, deployment, and compliance.
- Lead financing initiatives, including securing loans, investments, and capital for business growth.
- Monitor cash flow, manage liquidity, and optimize working capital.
- Ensure compliance with Saudi regulatory requirements and international financial standards.
- Identify and mitigate financial risks, implementing robust internal controls and processes.
- Collaborate with other departments to align financial planning with overall business goals.
- Develop and implement the organization’s financial strategy to align with business objectives.
- Oversee all accounting functions, including accounts payable, receivable, payroll, and general ledger.
- Ensure timely and accurate financial reporting to internal and external stakeholders.
- Establish and maintain financial policies, procedures, and internal controls.
- Lead the preparation of annual budgets and quarterly forecasts.
- Track and analyze budget performance, identifying variances and recommending corrective actions.
- Oversee fund structuring, deployment, and performance tracking.
- Manage relationships with investors, banks, and other financial institutions to secure funding.
- Manage the company’s cash flow to ensure liquidity and operational efficiency.
- Optimize working capital through effective management of receivables, payables, and inventory.
- Conduct financial performance reviews, identifying trends, and presenting actionable recommendations.
- Provide regular financial reports and key performance indicators (KPIs) to the executive team.
- Identify cost-saving opportunities across the organization without compromising quality or growth initiatives.
- Review and negotiate contracts with vendors, suppliers, and service providers.
- Collaborate with department heads to integrate financial considerations into operational planning.
- Act as the primary financial liaison for investors, board members, and external stakeholders.
- Develop contingency plans to address financial crises, market volatility, or operational disruptions.
- Lead the organization through financial challenges, ensuring stability and resilience.
Requirements:
- Current Title: Finance Director (required).
- Experience: Minimum 12 years of experience in finance, with at least 3-5 years in a leadership role.
- Strong background in fund management, financing, and capital raising.
- Extensive experience in financial planning, analysis, and strategic management.
- Bachelor’s degree in Finance, Accounting, or related field.
- In-depth knowledge of Saudi financial regulations and global financial practices.
- Exceptional leadership and team management skills.
- Strong analytical, problem-solving, and decision-making abilities.
- Male candidates, in alignment with cultural and organizational requirements.
- Proven ability to lead cross-functional teams and deliver results in a fast-paced environment.
