On-site
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Saudi , Riyadh
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Company

Job Details

Job Description

Roles & Responsibilities

Key responsibilities

  • Financial reporting and accounting oversight Own monthly close process and ensure accurate, timely financial reporting across all entities and channels.
  • Oversee statutory compliance including Zakat, tax authority filings, and annual audit coordination.
  • Manage multi-currency accounting as organization expands internationally, including UK entity setup and ongoing UK financial operations.
  • Establish and maintain accounting policies in line with Saudi GAAP and IFRS requirements, with appropriate adoption of UK accounting standards as UK presence develops.
  • Maintain general ledger integrity and ensure clean documentation of all transactions.
  • Management reporting and FP&A Build and maintain monthly management reporting that gives the CEO and senior team clear visibility into financial performance, channel-level profitability, and key business metrics.
  • Develop revenue, gross margin, and operating expense tracking by channel, geography, and product collection (Standard versus Limited).
  • Lead annual budgeting process in coordination with CEO and division leaders.
  • Manage rolling forecasts and provide regular variance analysis against budget.
  • Build financial models that support strategic decisions including pricing, channel investment, international expansion, and capital allocation.
  • Treasury and cash management Manage cash position and forecast cash needs across operating accounts.
  • Oversee banking relationships including operating accounts, credit facilities, and FX management.
  • Manage working capital including supplier payment terms, receivables collection, and inventory financing implications.
  • Implement appropriate FX strategy as international operations grow, including USD, GBP, and EUR exposure management.
  • Identify and recommend treasury optimization opportunities including credit facility structures and cash conservation measures.
  • Channel and commercial finance support Provide financial analysis and decision support to the Commercial Director on channel mix, pricing decisions, and retailer terms.
  • Track channel-level profitability and identify margin improvement opportunities.
  • Support commercial decisions on B2B and B2G accounts including bid analysis, custom program profitability, and large-account economics.
  • Build channel-level reporting that links commercial activity to financial outcomes.
  • Provide financial inputs to commercial planning including UK launch financial modeling and Gulf distributor economics.
  • Strategic finance and capital Provide strategic finance partnership to the CEO on growth investment decisions, capital allocation, and major business decisions.
  • Support capital strategy decisions including potential debt facilities, working capital lines, or external equity investment.
  • If external capital is pursued, support investor materials, financial diligence, and ongoing investor relations in coordination with the CEO.
  • Coordinate with the external fractional CFO advisor on strategic finance work that exceeds current internal capability.
  • Build sophistication and capability over time to internalize strategic finance work as the role evolves toward CFO scope.
  • Tax planning and compliance Manage tax strategy and compliance across all organization entities.
  • Coordinate with external tax advisors on Saudi tax matters including Zakat, VAT, and any Withholding Tax obligations.
  • Support international tax planning as organization expands, including UK corporate tax, transfer pricing between Saudi parent and UK entity, and VAT compliance.
  • Identify tax optimization opportunities within ethical and legal frameworks.
  • Financial systems and infrastructure Own organization's financial systems including accounting software, financial reporting tools, and integration with operational systems.
  • Implement system improvements and migrations as scale and complexity demand more sophisticated infrastructure.
  • Build financial controls and processes appropriate to a growing luxury brand.
  • Document financial procedures and ensure consistent application across the organization.
  • External relationships Manage relationships with external auditors, ensuring smooth annual audit process.
  • Coordinate with external tax advisors on planning and compliance.
  • Manage banking relationships including operating accounts, credit facilities, and FX services.
  • Coordinate with the fractional CFO advisor during the Year 2-4 transition period.
  • Build relationships with potential capital providers if external capital is pursued.
  • Team development and progression Manage and develop the existing Accountant and any subsequent finance hires.
  • Hire FP&A or Junior Finance team member in Year 3-4 as scale justifies.
  • Build the finance team capability needed to support international scale.
  • Develop personally toward CFO capability through stretch assignments, fractional CFO advisor mentorship, and continuous learning.

Desired Candidate Profile

Required experience

  • 5-8 years of progressive finance experience including senior accounting and financial planning roles.
  • Professional accounting qualification (SOCPA, CPA, ACCA, CA, or equivalent international qualification).
  • Demonstrated capability in financial reporting, management accounting, and budgeting at growing companies.
  • Strong working knowledge of Saudi GAAP, IFRS, and Saudi tax regulations including Zakat and VAT.
  • Experience supporting multi-channel businesses with retail, wholesale, and direct-to-consumer operations.
  • Track record of building or strengthening financial systems and processes at scale-up companies.
  • Strong analytical and modeling skills with proficiency in Excel and ideally financial systems including Oracle NetSuite, SAP, or comparable ERP.

Preferred experience

  • Background at a luxury, beauty, fragrance, or premium consumer brand at a similar scale to the organization.
  • Experience supporting international expansion including UK or European entity setup, transfer pricing, and multi-jurisdiction tax planning.
  • Familiarity with luxury industry economics including margin structures, channel economics, and inventory dynamics

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Saudi, Riyadh