Head of Finance
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Key skills for this role
About the Role
The Role The Head of Finance – KSA will oversee all financial operations for store network across KSA. He will act as a strategic partner to senior leadership, steering financial planning, execution, and performance in a fast-paced retail environment.
Key Skills for This Role
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The Role
The Head of Finance – KSA will oversee all financial operations for store network across KSA.
He will act as a strategic partner to senior leadership, steering financial planning, execution, and performance in a fast-paced retail environment.
1. Financial Strategy s Planning
- Define and execute financial strategy aligned with Companies growth plans across KSA
- Lead annual budgeting, forecasting, and periodic re-forecasting cycles
- Conduct ROI analyses for new store openings, remodels, and capital projects
2. Retail Financial Operations
- Oversee accounting, reporting, treasury, and cash management across stores and HQ
- Implement and monitor internal controls, ensuring compliance with IFRS, Zakat, VAT, and KSA regulations
- Drive cost controls, inventory management, pricing strategies, and margin enhancement
3. Analytics s Business Partnering
- Provide actionable financial insights and scenario modelling to support operations, marketing, and expansion decisions
- Monitor and report on key retail metrics (sales per store, same-store sales, basket size, inventory turnover, shrinkage)
- Lead ERP integration/optimization, financial automation, and reporting enhancements
4. Governance, Compliance s Stakeholder Engagement
- Ensure robust governance of financial statements, audits, tax filings, and statutory compliance
- Liaise with internal C external auditors, financial institutions, regulators, and advisors
- Prepare monthly/quarterly management reports and board packings
5. Leadership s Team Development
- Build and mentor a hands-on finance team supporting retail operations, treasury, FP\\CA, and tax
- Drive performance management, process improvements, and upskilling
- Foster cross-functional collaboration and a culture of accountability
Qualification Experience Required
- Professional finance qualification (CA, CPA, ACCA, CMA)
- 12+ years of progressive finance experience, including at least 5+ years in senior leadership within retail store sectors
- Hands-on experience with retail financial operations: inventory, pricing, margin management
- Proven track record of budgeting, forecasting, FP\\CA, business partnering, and ERP implementation
- Deep understanding of KSA accounting regulations, VAT/Zakat, and statutory standards
- Proficiency in retail-centric ERP systems (SAP S4 Hana)
- Expertise in digital finance transformation, analytics, and improved financial reporting
- Strong leadership, stakeholder management, and communication skills
- About the company
- The Middle East Executive Group has become the first choice for industry professionals wanting to work in the Gulf region.
- We understand exactly how supply chain performance and sales performance impacts the bottom line and top line of product led businesses and we have the experience, network & expertise to match skilled professionals with exciting new roles that suit their experience, passion and drive in this highly strategic industry.
- Our specialist teams internally are;
• Supply Chain & Logistics
- Strategic HR
- Strategy
- Engineering
- The industries we focus on are;
• Medical & Pharmaceutical
- Ecommerce
- Retail
- Engineering
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