Our client is a well-established hospitality entity specializing in transforming the Food & Beverage industry and sustaining high standards. They own and operates successful restaurant venues across Saudi Arabia bringing world-renowned casual & fine cuisines into the Kingdom of Saudi Arabia in line with Vision 2030.

The CFO must have the direct restaurant industry knowledge and/or experience, or at least in the hospitality business.

The client calls for strategic, forward-looking thinkers who have the ability to forecast market fluctuations, understanding of IT systems and knowledge of Saudi law is preferred. In addition to managing budgets and transactions, responsibilities include finding ways to streamline operations, managing risk and ensuring regulatory compliance, and more, requiring you to wear many hats and have a well-rounded knowledge of all facets of the business.

The four key challenges you can expect to encounter would be:

• Managing cash flow
• Developing accurate financial scenarios
• Producing timely, accurate reports
• Implementing tech for finance

Responsibilities:

• Drive the companys financial planning
• Perform risk management by analyzing the organizations liabilities and investments
• Decide on investment strategies by considering cash and liquidity risks
• Control and evaluate the organizations fundraising plans and capital structure
• Ensure cash flow is appropriate for the organizations operations
• Supervise all finance personnel (controllers, treasurers etc.)
• Manage vendor relationships
• Prepare reliable current and forecasting reports
• Set up and oversee the companys finance IT system
• Ensure compliance with the law and companys policies
• Manage team of financial controllers and financial analysts.

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