About This Role
This executive role, based in Al Khobar, involves reporting to the CEO and working closely with the Board and Audit Committee. The Chief Financial Officer will own the company’s financial strategy, capital structure, and performance management, going beyond mere reporting to shape investment, funding growth, and margin/cash protection in a capital-intensive, contract-driven industry.
Responsibilities
- Lead the business plan, long-range forecasting, and capital allocation
- Evaluate new projects, contracts, and expansion opportunities on return and risk
- Manage banking relationships, debt facilities, project and working-capital financing, guarantees, and LCs
- Optimize liquidity and cash conversion
- Build budgeting, rolling forecasts, and KPI frameworks, including contract and project profitability, utilization, and cost-to-serve
- Provide the analysis behind commercial and operational decisions
- Partner with operations and commercial teams on tender pricing, contract terms, cost recovery, and margin protection on long-term service contracts
- Deliver accurate, timely IFRS reporting, as endorsed by SOCPA
- Lead the external audit and present to the Board and Audit Committee
- Own Zakat, VAT, withholding tax, and e-invoicing compliance with ZATCA, plus transfer pricing where applicable
- Manage regulatory and statutory obligations
- Establish internal controls, a delegation of authority, and enterprise risk management covering FX, commodity-linked exposure, credit, and counterparty risk
- Drive ERP optimization, automation, and data-driven finance processes
- Build and develop a high-performing finance team, including Saudi talent development in line with Saudization goals
Requirements
- Bachelor’s degree in Finance, Accounting, or a related field
- CFA is required, MBA is a plus
- 12+ years of progressive finance experience, including at least 4 years as a CFO
- Experience in oil and gas, oilfield services, EPC, or other capital-intensive, project-based industry is strongly preferred
- Proven track record in raising and managing financing, and in working with Saudi banks
- Strong command of IFRS, the Saudi Zakat and tax framework, and ZATCA requirements
- Hands-on experience with a major ERP system, such as SAP or Oracle
- A commercially minded leader who can translate numbers into decisions
- Fluent English is required
Important Details
About the Company
This is an on-site executive role based in Al Khobar.
