Chief Financial Officer (CFO)
Love Recruitment International
Riyadh, Riyadh Province, Saudi Arabia · Full Time
Be the first to apply
- Experience
- Any
- Salary
- SAR 25,000 – SAR 30,000 / month
- Openings
- 1
- Posted
- 2 weeks ago
- Work mode
- In office
- Resume
- Required to apply
Where you'll work
Job description
Overview
Sporti & Sayedat, a fast-expanding fitness brand based in Al Khobar, Saudi Arabia, is seeking a strategic Chief Financial Officer (CFO) to guide its financial growth and support the launch of a second club. This senior leadership role offers a chance to influence the company’s future financial strategy and contribute meaningfully to business expansion.
Key Responsibilities
- Design and implement the financial strategy aligned with business growth objectives.
- Enhance revenue, profitability, cash flow, and operational efficiencies.
- Oversee budgeting, forecasting, financial modeling, and management reporting activities.
- Track and analyze critical industry metrics such as membership income, retention rates, utilization, payroll efficiency, and club profitability.
- Collaborate with operational and commercial teams to optimize pricing structures, control costs, and elevate overall business outcomes.
- Fortify financial controls, governance frameworks, compliance adherence, and cash management.
- Lead financial planning and investment assessments for the establishment of Sporti’s second fitness location.
- Manage relationships with financial institutions, auditors, investors, and external consultants.
Candidate Profile
- Demonstrated success in senior financial leadership roles such as CFO, Finance Director, or Head of Finance.
- Essential industry experience within fitness, health clubs, wellness, or hospitality sectors.
- Solid expertise in membership-driven business models and commercial finance.
- Proven ability in supporting business expansion, multi-site growth, and investment planning.
- Advanced skills in financial modeling, budgeting, forecasting, and cash flow management.
- Comprehensive knowledge of Saudi Arabian financial regulations and compliance requirements.
- Professional financial qualifications such as CPA, ACCA, CMA, or comparable certifications preferred.
Compensation
The position offers a monthly salary ranging from 25,000 to 30,000 Saudi Riyals (SAR).
Additional Information
This role is located onsite in Al Khobar, Saudi Arabia, and entails close partnership with the CEO to support the company’s ambitious growth plans in the competitive fitness market. The opportunity is ideal for a commercially driven finance leader eager to make a tangible impact within a dynamic and growing organization.