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Chief Financial Officer

NANCO Group · Riyadh, Riyadh, Saudi Arabia

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ResponsibilitiesDevelop and implement financial strategies, annual operating plans, and budgets aligned with the organization's strategic objectives.Oversee daily financial and accounting operations, ensuring accuracy, efficiency, and compliance with approved policies and applicable regulations.Lead financial planning, budgeting, forecasting, and variance analysis to support business performance and informed decision-making.Prepare and review financial statements, periodic management reports, and key financial performance metrics, presenting insights and recommendations to senior management.Analyze financial data, monitor expenditures, assess financial performance, and identify opportunities to improve profitability and optimize resource utilization.Lead financial review meetings with senior management and relevant departments to discuss financial results, budget performance, risks, and corrective actions.Monitor cash flow, financial requirements, expected returns, and financial risks to support the organization's financial stability and growth.Review and approve financial transactions and expenditure requests, ensuring compliance with approved budgets, authorization limits, and internal control procedures.Establish, review, and enhance financial policies, accounting procedures, and internal control systems to strengthen governance, transparency, and compliance.Coordinate with external auditors and provide the necessary financial information, supporting documents, and explanations to facilitate audit activities.Collaborate with cross-functional teams to align financial plans with operational requirements, business priorities, and organizational objectives.Identify financial risks, investigate irregularities, recommend corrective actions, and report significant financial issues to senior management.Lead, supervise, and develop the finance team, ensuring effective performance management, knowledge development, and continuous improvement.Identify opportunities to streamline financial processes, improve reporting efficiency, and enhance the quality of financial information used in business decisions.