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Open nowPosted 349 days ago

Head of Finance

Flow35 open roles

Where
Riyadh, Saudi Arabia
Work mode
On site
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Your applicationOpen nowHead of FinanceFlow · Riyadh, Saudi Arabia

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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Flow postings stay open a median of 40 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 57.8%60 days
This job: posted 349 days ago

Flow median: 40 days open

The posting

About Flow

Role Overview

  • Position: Head of Finance, MENA
  • Location: Riyadh, KSA (In-office)
  • Reports To: Global CFO (Works daily with MENA Managing Partner, UAE CEO, US Strategic Finance, and Property Accounting)
  • Scope: Senior-most regional finance seat responsible for financial strategy, commercial decision support, and building a scalable finance function from its current early stage.

Key Responsibilities

  • Regional Financial Plan: Own the budget, long-term forecasts, capital deployment strategy, pacing, and resource planning for MENA.
  • Commercial Insights: Track and optimize core business drivers—pricing, unit economics, occupancy, margin levers, ancillary revenue, and cost-to-serve.
  • New Initiatives & Expansion: Evaluate, model, size, and structure new business lines, business units, locations, and regional openings.
  • Capital Allocation: Frame optimal capital structures (equity, project debt, JVs, mezzanine) for communities and present board-ready analysis.
  • Finance Function Build-Out: Build and implement the finance function’s policies, processes, controls, and operating infrastructure from the ground up.
  • Regional Team Leadership: Lead and manage a team of finance professionals operating across multiple markets.

Operations, Accounting & Controls

  • Operating Models & Reporting: Maintain driver-based regional operating models, weekly KPI/cash packs, and community-level P&Ls for General Managers.
  • Financial Controls & Accounting: Oversee month-end close (5-day target), GL integrity, budget vs. actual variance analysis, and internal controls (segregation of duties, payment approvals).
  • Treasury & Cash Management: Maintain a rolling 13-week cash forecast, oversee regional banking operations (KSA/UAE), and streamline expense systems.
  • Tax & Regulatory Compliance: Ensure full adherence to IFRS, SOCPA, and ZATCA regulations (VAT recovery, e-invoicing, Zakat, withholding tax).
  • Systems & Team Building: Upgrade early-stage tools (QuickBooks/Sage, Ramp, Sheets/BI) and hire/lead a lean, efficient regional finance team.

What This Role Is NOT

  • Not primarily a fundraising or Investor Relations role; however, the successful candidate should be capable of leading or supporting these activities when required.
  • Not a caretaker position for an already mature finance function.

Candidate Profile

  • Experience: 12–15+ years in finance with hands-on operating exposure, preferably in multi-site real estate, residential/multifamily, hospitality, or consumer operations.
  • Background: Proven track record in high-growth, founder-led, or PE-backed environments.
  • Technical Qualifications: CPA, ACCA, CA, or SOCPA. Deep knowledge of IFRS, SOCPA, and Saudi tax regulations (ZATCA, VAT, Zakat).
  • Skills: Hands-on financial modeling, treasury/cash management, and team leadership.
  • Communication & Location: Direct communicator comfortable challenging leadership. Based in Riyadh (in-office daily). Fluent in English (Arabic preferred).
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