Financial Director

Overview

Saudi

About Us

The Client

Role Description

• Financial Strategy & Planning

• Develop and execute the regional financial strategy in alignment with global corporate objectives.
• Lead annual budgeting, multi-year financial planning, and rolling forecasting processes.
• Provide strategic financial analysis and recommendations to support business growth, capital investment, and operational decisions.
• Monitor and report on key financial performance indicators, identifying trends and opportunities for improvement.
• Contribute to building out our International Finance Team in KSA

• Financial Operations & Controls

• Oversee all financial operations including general ledger, accounts payable/receivable, payroll, cost accounting, and treasury.
• Establish and maintain a robust internal control environment consistent with corporate standards and Saudi regulatory requirements.
• Manage month-end and year-end close processes, ensuring accuracy and timeliness of financial reporting.
• Implement and maintain ERP and financial systems aligned to manufacturing operations (SAP)

• Compliance, Tax & Regulatory Affairs

• Ensure full compliance with Saudi Arabian and US tax regulations, GAAP/IFRS standards, and Zakat obligations.
• Liaise with local regulatory authorities, external auditors, and banking institutions.
• Manage transfer pricing policies and intercompany transactions in accordance with global guidelines.
• Maintain awareness of Vision 2030 initiatives and localization (Saudization / Nitaqat) compliance requirements.

• Manufacturing & Cost Finance

• Partner with operations leadership to drive cost reduction, productivity improvement, and capital efficiency.
• Oversee product costing, standard cost development, variance analysis, and gross margin management.
• Lead make-vs-buy analysis, CapEx justification, and return-on-investment evaluations.
• Support supply chain and procurement teams with supplier cost analysis and contract financial review.

• Stakeholder Management & Leadership

• Act as a strategic business partner to the regional Managing Director and senior leadership team.
• Present financial results, forecasts, and strategic plans to global leadership and senior management.
• Lead, mentor, and develop a regional finance team, building local talent and capability.
• Manage relationships with banks, investors, government entities, and external advisors.

Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• MBA, CPA, CMA, ACCA, or equivalent advanced qualification strongly preferred
• 10+ years of progressive finance leadership experience, with at least 3-5 years at the Director / CFO level.
• Proven track record in automotive supply, manufacturing, or engineering sector finance.
• Experience managing finance for a mid-to-large operation (500+ employees or $100M+ revenue).
• Prior exposure to Saudi Arabia business environment, Vision 2030 initiatives, or GCC regulatory frameworks.
• Deep knowledge of manufacturing cost accounting, ERP systems, and financial reporting standards (IFRS/GAAP).
• Exceptional analytical and financial modeling capabilities.
• Strong leadership presence with ability to influence cross-functionally at all levels of the organization.
• Proficiency with ERP platforms (SAP preferred) and advanced Microsoft Excel / financial planning tools.