Chief Financial Officer - Muharraq Governorate - RESO

We are seeking a Chief Financial Officer (CFO) to lead our financial strategy and drive business growth. The ideal candidate will be a strategic thinker with expertise in debt fund management, banking relations, and financial operations.

Key Responsibilities

1. Develop and execute the company's financial strategy, ensuring alignment with our mission and goals.
2. Oversee debt fund management, structuring, and performance optimization.
3. Establish and nurture robust relationships with banks, credit unions, and institutional lenders to obtain competitive financing.
4. Lead financial planning, forecasting, and budgeting processes, including creating and monitoring budgets across various business units.
5. Ensure compliance with regulatory requirements, including SEC regulations and Saudi Central Bank's banking standards and financial reporting requirements.
6. Collaborate with the CEO to develop and implement strategies for raising capital from various sources, including banks, lines of credit, and institutional investors in the Middle East and the USA.
7. Establish and maintain appropriate fund structures that align with regulatory requirements and investor expectations.
8. Ensure compliance with all legal, regulatory, and reporting obligations related to fund operations.
9. Manage cash flow and liquidity to support operational and strategic initiatives.
10. Monitor and mitigate financial risks, including interest rate, credit, and regulatory exposures, and oversee tax strategy.
11. Implement robust internal controls and oversee audit processes to ensure the security of company assets.
12. Mentor and develop the finance team to meet and exceed organizational objectives.

Key Performance Indicators (KPIs)

1. Meet or exceed funding goals for Debt fund and Equity Capital jointly with the CEO.
2. Establish specific capital raising objectives, such as successfully closing targeted funding rounds within predetermined timelines and the annual establishment and maintenance of new investor relationships.
3. Ensure compliance with lender covenants and maintain strong cash flow, providing timely reporting to the warehouse lender.
4. Increase investor satisfaction and retention rates by enhancing online financial reporting.
5. Achieve zero significant non-compliance issues during regulatory audits or investor reviews.
6. Satisfy employee engagement and satisfaction score within the finance team through regular training sessions or development initiatives.
7. Prioritize timely and accurate management reporting for internal and external stakeholders.

Qualifications

1. MBA, CA, or CPA; must possess graduate-level education in finance and accounting.
2. Fluent in GAAP and IFRS accounting standards.
3. Minimum 15 years of progressive experience in financial leadership roles.
4. Expertise in debt fund management, capital markets, lending, and portfolio oversight.
5. Proven track record of managing banking relationships and negotiating credit facilities.
6. Proven track record in raising capital, including experience with debt financing, equity fundraising, and working with institutional investors.
7. Hands-on experience setting up fund structures, including SPVs, trusts, and other investment vehicles.
8. Strong understanding of regulatory compliance related to financial services, fund management, and corporate governance in different jurisdictions.
9. Experience managing investor relations and leading due diligence processes with private equity firms, venture capitalists, and institutional investors.
10. Candidates must have fluency in the English language.
11. Candidates with previous experience in the Big 4 accounting firms in audit, tax, or advisory will be preferred.