Chief Financial Officer (CFO) – Retail

December 22, 2024
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Job Description

Job Title: Chief Financial Officer (CFO) – Retail

Location: Riyadh, Saudi Arabia

Company: Prominent KSA Retail Group

Job Summary:

Our client, a leading retail group in Saudi Arabia, is seeking an experienced Chief Financial Officer (CFO) to lead their financial strategy and support regional and international expansion. The ideal candidate will have extensive expertise in the retail industry and a proven track record in fundraising.

Key Responsibilities:

  • Commercial Finance Management:
    • Oversee and manage all financial aspects of the company’s retail operations.
    • Develop and implement financial strategies to drive business growth and profitability.
    • Provide financial insights and recommendations to the senior management team.
  • Securing Growth Capital:
    • Lead fundraising efforts to secure capital for regional and international expansion.
    • Manage relationships with investors, financial institutions, and other stakeholders.
    • Develop and execute strategies for capital raising and financial structuring.
  • Financial Reporting and Compliance:
    • Ensure accurate and timely financial reporting in compliance with regulatory requirements.
    • Oversee the preparation of financial statements, budgets, and forecasts.
    • Ensure compliance with local and international financial regulations.
  • Risk Management:
    • Identify and mitigate financial risks associated with the company’s operations.
    • Develop and implement risk management policies and procedures.
    • Ensure the company’s financial stability and sustainability.
  • Team Leadership:
    • Lead and mentor the finance team to enhance performance and efficiency.
    • Foster a culture of continuous improvement and professional development within the finance department.

Qualifications:

  • Education:
    • Bachelor’s degree in Finance, Accounting, or a related field (Master’s degree or professional certification such as CPA/CFA preferred).
  • Experience:
    • Proven experience as a CFO or in a similar senior financial leadership role within the retail industry.
    • Extensive experience in fundraising and securing growth capital.
    • Strong knowledge of commercial finance management, financial reporting, and compliance.
  • Skills:
    • Excellent analytical, strategic planning, and problem-solving skills.
    • Proficiency in financial software and tools.
    • Exceptional leadership and communication abilities.
    • Ability to work collaboratively and influence stakeholders at all levels.

Application Process:

To Apply, Please send your CV to: bstuart@carter-knight.com