Co-Founder & Chief Financial Officer (CFO)

About Ayo and Role Overview

Ayo is a nascent fintech startup in Saudi Arabia focused on developing an innovative consumer financial product tailored to the Saudi market. We are looking to strengthen our founding team by bringing in a dedicated full-time Co-Founder & CFO to spearhead the company’s financial strategy and infrastructure from inception.

Key Responsibilities

• Design and sustain the comprehensive financial operating model for Ayo.
• Manage cash flow, budgeting, runway analysis, and capital allocation planning.
• Analyze unit economics and profitability down to the transaction level.
• Model financial portfolios, assessing credit risks, liquidity, and adverse scenarios.
• Lead preparations for fundraising efforts including valuation and investor presentations.
• Forge economic structures for strategic and financial partnerships.
• Establish treasury functions, reporting mechanisms, controls, and governance frameworks.
• Translate product development, growth strategies, and operational choices into financial outcomes.
• Collaborate closely with the CEO and CTO on pivotal company-wide decisions.
• Build and expand the finance function in tandem with company growth.

Candidate Profile and Qualifications

• Relevant experience in fintech, consumer finance, lending or Buy Now Pay Later (BNPL) schemes.
• Expertise in treasury management, structured finance, capital planning, portfolio finance, or financial planning roles within finance companies.
• Proven ability to create financial models independently from scratch rather than solely reviewing others’ models.
• Comfort working in a dynamic and early-stage startup environment with rapidly evolving priorities and incomplete information.
• Strong strategic thinking, ability to execute autonomously, question assumptions rigorously, and take full ownership of financial responsibilities.

Founder Commitment and Employment Terms

This position is a full-time co-founder role currently offered on an equity-only basis with no salary until funding is secured. Candidates must understand the risk and commitment involved in joining at this formative stage and be willing to commit wholeheartedly alongside the founding members.

The successful candidate will transition into a full-time role within a mutually agreed timeframe and dedicate exclusive efforts to Ayo. Equity allocation will be determined based on role impact, contribution expectations, long-term dedication, and a structured vesting schedule.

This is strictly not a consultancy, advisory, freelance, or part-time engagement. Residency in Riyadh, Saudi Arabia, is required as the role demands onsite presence.