Finance Manager / Chief Financial Officer (CFO)

🏢 Whitecollars
📍 Riyadh, Saudi ArabiaFull-timeOn-site
📅 Posted: 1mo ago🔄 Updated: 1mo ago
CV%
✨ AI Summary
Our client, a leading industrial product distributor in Saudi Arabia since the 1950s, is seeking an experienced Finance Manager / CFO for their Riyadh operations. This role involves leading the finance and accounting function, developing financial strategies, managing budgets, optimizing working capital, and ensuring compliance with Saudi regulations. The ideal candidate will have extensive experience in the Saudi market, specifically within wholesale, retail, distribution, or trading businesses, and possess strong leadership and financial management skills.
Required Skills
Finance, Legal & Governance
Inventory AccountingFinancial ForecastingFP&AFinancial ReportingTax ComplianceInternal Controls
Other
inventory controlsmulti-branch financial operationssupplier financial cyclescustomer financial cycles
Engineering, Construction & Trades
Site Management
Hospitality, Retail & Customer Service
Collections
Information Technology
SLA Management
Soft Skills & Professional Competencies
LeadershipPeople ManagementStrategic ThinkingCollaboration
Nice to have:
Science & Research
Optimization
Requirements
Bachelor's degree in Finance, Accounting, or a related field.Professional qualification such as CPA, ACCA, CMA, or equivalent is highly preferred.Approximately 12+ years of progressive finance and accounting experience, including senior leadership responsibilities.Strong experience within Saudi Arabia's business environment.Proven experience in wholesale, retail, distribution, trading, or FMCG businesses.Deep understanding of:Inventory accounting and inventory controlsMulti-branch financial operationsCredit management and collectionsCash flow forecasting and working capital managementSupplier and customer financial cyclesStrong knowledge of financial planning, reporting, compliance, and internal controls.Experience leading finance and accounting departments.Excellent communication skills in English (spoken and written).Leadership ProfileWe are looking for someone who is:Commercially minded and operationally focused.Hands-on while capable of thinking strategically.An effective leader with strong people management skills.Experienced in building finance teams and improving organizational performance.Comfortable working in a fast-paced, growth-oriented environment.Skilled at collaborating with cross-functional teams and senior leadership.
Description
Company OverviewOur client is a leading distributor of industrial products across Saudi Arabia, with operations dating back to the 1950s. With over 200 employees, they import goods from China and Turkey to serve clients across the Kingdom.About the RoleOur client is seeking an experienced Finance Manager / CFO to lead his finance and accounting function in Riyadh. The ideal candidate will have extensive experience in the Saudi market and a strong background in wholesale, retail, distribution, or trading businesses. This is a hands-on leadership role requiring both strategic financial management and operational excellence.The successful candidate will play a key role in driving financial performance, strengthening internal controls, optimizing working capital, and supporting the company's continued growth.Key ResponsibilitiesLead the finance and accounting function, ensuring accurate and timely financial reporting.Develop and execute financial strategies aligned with business objectives.Manage budgeting, forecasting, financial planning, and performance analysis.Oversee cash flow management, liquidity planning, and working capital optimization.Monitor inventory valuation, inventory controls, and stock-related financial performance.Manage credit control, collections, customer receivables, supplier payments, and treasury activities.Ensure compliance with Saudi regulations, tax requirements (including ZATCA), VAT, and financial reporting standards.Strengthen internal controls, financial governance, and risk management practices.Partner with commercial and operations teams to improve profitability across branches and business units.Lead month-end and year-end closing processes and coordinate external audits.Build, mentor, and develop high-performing finance and accounting teams.Drive process improvements, automation initiatives, and ERP optimization where applicable.Support executive management with financial insights for strategic decision-making.
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🎯 Overalli74%
⚡ Skillsi85%
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Ontology Match: 85.0
Matched:✓ Requirements Matching✓ Ontology Skills Mapping
📜 Eligibilityi49%
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Local: 19600%
🏗️ Career Fiti91%
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Seniority: 91.0
📋 Requirementsi67%
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Domain: 67.0
🔥 Motivationi78%
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Title Fit: 78.00