Financial Director

Reports To: Chief Executive Officer / Group CFO

The Finance Directo
r will be responsible for leading the full finance function of a contracting company in KSA, with a strong focus on cash flow management, project finance control, financial planning, reporting, budgeting, compliance, and strategic financial leadershi
p. The ideal candidate must have extensive experience in the GCC construction/contracting industr
y, particularly in handling the financial operations of mega project
s, managing project cash flow, controlling costs, supporting commercial decisions, and ensuring financial stability across multiple projects.

• Lead and manage the overall finance, accounting, budgeting, treasury, taxation, and financial reporting functions.
• Oversee cash flow planning and ensure sufficient liquidity for ongoing and upcoming mega projects.
• Monitor project cash flow, receivables, payables, project funding requirements, and working capital.
• Prepare and manage annual budgets, financial forecasts, business plans, and long-term financial strategies.
• Review project financial performance, including revenue recognition, cost control, margins, profitability, and cash position.
• Coordinate with project directors, commercial teams, contracts, procurement, and operations to ensure financial alignment.
• Manage banking relationships, credit facilities, guarantees, bonds, letters of credit, and project financing requirements.
• Ensure timely preparation of monthly, quarterly, and annual financial statements and management reports.
• Oversee financial risk management, internal controls, audit processes, and compliance requirements.
• Ensure compliance with KSA financial regulations, tax laws, VAT, ZATCA requirements, and company policies.
• Support tendering and commercial teams with financial evaluation, pricing strategy, cash flow projections, and risk assessment.
• Review subcontractor payments, supplier payments, client billing, collections, and claims-related financial matters.
• Lead external audit coordination and ensure accurate and timely completion of audit requirements.
• Develop and implement financial policies, systems, procedures, and control frameworks.
• Provide strategic financial advice to senior management to support business growth and profitability.
• Lead, mentor, and develop the finance and accounting team.

• Bachelor’s Degree in Finance, Accounting, Commerce, or a related field
  .
• Professional certification such as CPA, ACCA, CMA, CFA, or equivalent is highly preferred.
• Master’s Degree in Finance, Accounting, or Business Administration is an advantage.

• Minimum 18 years of total experience in finance and accounting.
• Strong experience handling finance functions within contracting or construction companies in the GCC
  .
• Proven experience managing financial operations for mega projects
  .
• Solid background in cash flow management for large-scale construction projects
  .
• Experience in KSA or strong knowledge of the KSA market is highly preferred.
• Previous experience as Finance Director, Finance Controller, Head of Finance, or senior finance leader in a contracting company is preferred.

• Strong knowledge of construction finance, project accounting, cost control, budgeting, and financial forecasting.
• Excellent understanding of cash flow management, working capital, receivables, payables, and project funding.
• Strong knowledge of KSA tax regulations, VAT, ZATCA requirements, and financial compliance.
• Ability to analyze project profitability, cost performance, margins, and financial risks.
• Strong leadership and team management skills.
• Excellent communication, negotiation, and stakeholder management skills.
• Strong analytical, problem-solving, and decision-making abilities.
• High level of integrity, confidentiality, and professional judgment.
• Ability to work under pressure and manage multiple mega project financial requirements.
• Proficiency in ERP/accounting systems and advanced Microsoft Excel.
• Knowledge of SAP, Oracle, Microsoft Dynamics, or similar ERP systems is an advantage.

• Currently based in KSA or GCC
  .
• Has worked with large contracting companies handling mega projects, infrastructure, high-rise buildings, commercial, hospitality, mixed-use, or industrial projects
  .
• Strong banking, treasury, project finance, and cash flow management exposure.
• CPA or equivalent professional qualification is strongly preferred.
• Able to join within a reasonable notice period.

• Effective project cash flow management.
• Timely financial reporting and accurate forecasting.
• Improved working capital and collection performance.
• Compliance with KSA tax, audit, and regulatory requirements.
• Project profitability monitoring and financial risk reduction.
• Successful leadership of the finance and accounting team.