Interim Finance Director - Saudi Arabia
Posted 3 days ago by FD Capital Recruitment
£120,000 Per year
Undetermined
Undetermined
London Area, United Kingdom
Summary: The Interim Finance Director role in Saudi Arabia involves leading the financial strategy and governance of a $200 million subsidiary within a major international oil and gas group. The position requires a hands-on finance leader to ensure robust financial management and compliance during a period of transition. The successful candidate will partner closely with senior management to drive performance and profitability while overseeing financial reporting and internal controls. This role is initially for six months, with the potential for extension or permanent placement.
Key Responsibilities:
- Lead the financial strategy for the Saudi Arabian subsidiary in alignment with global corporate objectives.
- Provide high-level support and challenge to the Regional Managing Director and Executive Team.
- Deliver insights on business performance, market trends, and cost optimisation opportunities.
- Contribute to long-term planning, investment analysis, and strategic decision-making.
- Oversee accurate and timely delivery of monthly, quarterly, and annual financial statements.
- Ensure compliance with IFRS, local GAAP requirements, and internal corporate reporting standards.
- Manage budgeting, forecasting, and business performance analysis.
- Oversee cash flow management, treasury operations, and working capital optimisation.
- Strengthen internal controls, risk management, and audit readiness.
- Ensure full compliance with Saudi tax laws, ZATCA regulations, and international reporting requirements.
- Liaise with external auditors, regulators, banks, and corporate headquarters.
- Support commercial teams on contract evaluation, pricing strategies, cost tracking, and project profitability.
- Provide oversight on capex projects, investment cases, and asset management processes.
- Drive process improvements across finance operations, including potential system enhancements or ERP optimisation.
- Lead, mentor, and develop a local finance team to ensure high performance and succession capability.
- Facilitate knowledge transfer and handover processes should the role transition into a permanent position.
Key Skills:
- Proven senior finance leadership experience.
- Experience working within international corporations or multinational matrix environments.
- Prior success in interim, transformation, or turnaround leadership roles is advantageous.
- Strategic thinker with a hands-on approach.
- Exceptional stakeholder management and communication skills.
- Strong analytical and commercial acumen.
- Ability to lead during periods of change, ambiguity, or restructuring.
- Resilient, adaptable, and culturally aware.
- English speaker; Arabic is an advantage.
- Bachelor’s degree in Finance, Accounting, Economics, or related field.
- Professional qualification such as CPA, ACCA, CA, CMA, or equivalent preferred.
Salary (Rate): £120,000 yearly
City: undetermined
Country: Saudi Arabia
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Oil & Gas
Interim Finance Director - Saudi Arabia
Description
Location: Saudi Arabia
Industry: Oil & Gas
Company Size: ~$200M Revenue (Subsidiary of a Global Corporation)
Contract Duration: 6 months (with potential extension to 12 months and/or permanent appointment)
Start Date: 1 January 2026
About the Role
We are seeking an experienced Interim Finance Director to lead the financial strategy, governance, and performance of a $200m subsidiary within a major international oil & gas group. This role will provide steady leadership during a period of transition and transformation, ensuring robust financial management, compliance with local regulations, and alignment with global corporate standards. The successful candidate will be a hands-on, commercially minded finance leader experience capable of improving controls, and partnering closely with senior management to drive performance and profitability.
Responsibilities
Key Responsibilities
- Strategic Leadership & Business Partnering
- Lead the financial strategy for the Saudi Arabian subsidiary in alignment with global corporate objectives.
- Provide high-level support and challenge to the Regional Managing Director and Executive Team.
- Deliver insights on business performance, market trends, and cost optimisation opportunities.
- Contribute to long-term planning, investment analysis, and strategic decision-making.
- Financial Management & Reporting
- Oversee accurate and timely delivery of monthly, quarterly, and annual financial statements.
- Ensure compliance with IFRS, local GAAP requirements, and internal corporate reporting standards.
- Manage budgeting, forecasting, and business performance analysis.
- Oversee cash flow management, treasury operations, and working capital optimisation.
- Governance, Controls & Compliance
- Strengthen internal controls, risk management, and audit readiness.
- Ensure full compliance with Saudi tax laws, ZATCA regulations, and international reporting requirements.
- Liaise with external auditors, regulators, banks, and corporate headquarters.
- Operational & Commercial Support
- Support commercial teams on contract evaluation, pricing strategies, cost tracking, and project profitability.
- Provide oversight on capex projects, investment cases, and asset management processes.
- Drive process improvements across finance operations, including potential system enhancements or ERP optimisation.
- Leadership & Team Development
- Lead, mentor, and develop a local finance team to ensure high performance and succession capability.
- Facilitate knowledge transfer and handover processes should the role transition into a permanent position.
Qualifications
Candidate Profile
Experience & Background
- Proven senior finance leadership experience
- Experience working within international corporations or multinational matrix environments
- Prior success in interim, transformation, or turnaround leadership roles is advantageous.
Skills & Competencies
- Strategic thinker with a hands-on approach.
- Exceptional stakeholder management and communication skills.
- Strong analytical and commercial acumen.
- Ability to lead during periods of change, ambiguity, or restructuring.
- Resilient, adaptable, and culturally aware.
- English speaker, Arabic and advantage.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or related field.
- Professional qualification such as CPA, ACCA, CA, CMA , or equivalent preferred.
Job Benefits
Contract Details
- Initial term: 6 months
- Extensions: Possible extension to 12 months, with potential for permanent placement
- Start Date: 1 January 2026
- Compensation: Euro 120,000 + 25% bonus + Private Health Care
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