Chief Financial Officer
الوصف الوظيفي
Chief Financial Officer (CFO) – Drive Financial Excellence in a Growing Fitness Brand
Sporti & Sayedat, a dynamic and rapidly expanding fitness brand based in Al Khobar, Saudi Arabia, is seeking a visionary and commercially astute Chief Financial Officer (CFO) to lead its financial strategy and support the company’s ambitious growth plans. This is a prime opportunity for a seasoned finance executive to shape the financial future of a leading fitness business, drive commercial performance, and contribute to the strategic expansion of our second club. As a key member of the executive leadership team, you will collaborate closely with the CEO to provide financial leadership, commercial insight, and strategic direction that ensures sustainable growth and informed decision-making.
Key Responsibilities
The successful candidate will be responsible for:
- Financial Strategy & Growth Leadership: Develop and execute a robust financial strategy that aligns with the company’s growth objectives, ensuring long-term financial sustainability and profitability.
- Revenue & Profitability Optimization: Drive improvements in revenue streams, profitability, cash flow, and operational efficiency to enhance overall business performance.
- Financial Planning & Analysis: Lead budgeting, forecasting, financial modelling, and management reporting to provide accurate and actionable insights for executive decision-making.
- Industry-Specific Metrics & Performance Monitoring: Track and analyze key performance indicators within the fitness industry, including membership revenue, customer retention, facility utilization, payroll efficiency, and club profitability.
- Commercial Collaboration: Partner with operational and commercial teams to refine pricing strategies, optimize cost management, and enhance business performance across all facets of the organization.
- Financial Governance & Compliance: Strengthen financial controls, governance frameworks, and cash management practices to ensure adherence to regulatory requirements and best practices.
- Expansion & Investment Strategy: Lead financial planning and investment analysis for the development of Sporti’s second location, ensuring alignment with the company’s strategic vision.
- Stakeholder Management: Cultivate and maintain strong relationships with banks, auditors, investors, and external advisors to support financial operations and growth initiatives.
Ideal Candidate Profile
We are looking for a finance leader who brings:
- Proven Leadership Experience: Demonstrated track record as a CFO, Finance Director, Head of Finance, or in a senior finance leadership role.
- Industry-Specific Expertise: Mandatory experience within the fitness, health club, wellness, or hospitality sector, with a deep understanding of membership-based business models.
- Commercial Finance Acumen: Strong grasp of financial modelling, budgeting, forecasting, and cash flow management to drive business performance.
- Expansion & Growth Experience: Prior experience supporting business expansion, investment planning, or multi-site growth initiatives.
- Regulatory Knowledge: Familiarity with Saudi Arabian financial regulations, compliance requirements, and corporate governance standards.
- Professional Credentials: A recognized finance qualification such as CPA, ACCA, CMA, or equivalent is highly desirable.
Why Join Sporti & Sayedat?
This is an exceptional opportunity to join an ambitious and forward-thinking fitness brand at a critical juncture in its growth trajectory. As the CFO, you will play a pivotal role in shaping the financial strategy, influencing executive decision-making, and supporting the successful expansion of one of Saudi Arabia’s emerging fitness brands. If you are a commercially focused finance leader with a passion for driving impact and growth, we invite you to apply and become a key contributor to our success.
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