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Foreground is partnering with a well-established, privately held holding group headquartered in Saudi Arabia, operating across multiple service sectors with a presence in both domestic and international markets. The organization is entering a defined phase of strategic transformation, with a mandate to strengthen its financial governance, complete a major ERP overhaul, and build the infrastructure required for a potential public listing.
The Role
The CFO will report directly to Group leadership and assume full accountability for the financial performance and integrity of the group across all entities. The role carries a clear transformation mandate: leading the completion of the Microsoft Dynamics ERP implementation, driving the group’s IPO readiness program, and establishing the consolidated reporting and controls framework expected of a listed organization.
Beyond financial stewardship, the CFO will serve as a strategic business partner to the CEO and Board, bringing rigor to capital allocation decisions, banking relationships, and long-range financial planning. The role has high visibility across the group and demands a leader who can operate at both the strategic and execution levels.
Candidate Profile
Candidates must bring a minimum of 15 years of senior finance experience, with at least five years as CFO or Deputy CFO within a multi-entity group or holding company structure. Prior involvement in an IPO process is required, as is hands-on experience with Microsoft Dynamics 365 or a comparable enterprise ERP. A recognized professional qualification is mandatory: CPA, CFA, ACCA, CIMA, or equivalent.
The ideal candidate will have deep familiarity with IFRS, ZATCA regulations, and the Saudi financial compliance landscape. Strong existing relationships with Saudi banking institutions and a demonstrable track record of structuring credit facilities are essential. Saudi nationals are strongly preferred; highly qualified GCC nationals with substantial in-Kingdom experience will be considered. Full professional fluency in Arabic and English is required.
