Financial Director

Position Overview

We are seeking a highly strategic and results-driven Financial Director to lead the Finance Division with excellence, ensuring robust financial governance while managing a sophisticated portfolio of high-discretion private assets and wealth. This pivotal role demands a rare blend of visionary leadership, operational acumen, and meticulous financial stewardship to optimize capital structures across diverse asset classes—including residential, land, real estate, vehicles, aviation, and marine holdings—while safeguarding the interests of a prominent family office under both Saudi and international regulatory frameworks.

The ideal candidate will serve as the primary financial advisor to executive leadership and key stakeholders, translating high-level asset strategies into precise fiscal execution. You will collaborate closely with the Director of Private Office Local for Properties and Private Affairs, the Director of International Operations, and the Director of Support Services to ensure seamless integration of financial objectives with operational, HR, procurement, administration, security, IT, and legal functions. This role requires a commanding presence, exceptional financial management expertise, and the ability to drive disciplined financial planning, forecasting, budget control, and contingency strategies with unwavering follow-through.

Proficiency in Arabic and English is essential, as is a deep, firsthand understanding of international asset management, extending beyond the Kingdom of Saudi Arabia. The successful candidate will embody a strong personality, financial rigor, and the capacity to influence decision-making at the highest levels of the organization.

Key Responsibilities

Strategic Financial Leadership

• Multi-Year Financial Planning: Develop and oversee comprehensive multi-year financial plans, rolling forecasts, and advanced valuation models (NPV, IRR) tailored to diverse asset classes and new property ventures.
• Capital & Investment Evaluation: Assess major capital expenditures, mergers, acquisitions, and joint ventures, delivering detailed financial feasibility reports to the board and key stakeholders to inform strategic decisions.
• Cash Flow & Valuation Oversight: Lead dynamic cash-flow modelling for ongoing developments and legacy holdings, ensuring optimal liquidity and long-term value preservation.
• Performance & Cost Management: Implement robust performance tracking, cash flow optimization, and cost control frameworks across all subsidiaries, real estate holdings, and operating entities.
• Team Leadership & Mentorship: Provide strategic direction, foster a culture of proactivity and continuous improvement, and mentor cross-functional teams to align with the organization’s operational and financial goals.
• Executive Reporting: Deliver high-impact, executive-level presentations and decision-support metrics directly to the board of directors and family office principals, ensuring clarity and alignment on financial performance.
• Strategic Departmental Planning: Develop, implement, and manage a comprehensive departmental strategic plan, translating it into annual budget targets aligned with the Chairman’s long-term vision, while establishing best-in-class standard operating procedures (SOPs) and key performance indicators (KPIs).

Cross-Divisional Coordination

• Departmental Financial Alignment: Guide long-term financial planning initiatives across all departments to ensure cohesive resource allocation and strategic alignment.
• Budget Governance: Set company-wide budget targets and resource allocation rules, reviewing financial performance reports from each division or business unit on a regular basis.
• Monthly Strategic Reviews: Lead monthly meetings with division heads to assess financial performance, address discrepancies, and ensure adherence to budgetary guidelines.
• Budget Allocation & Conflict Resolution: Fairly allocate and release budgeted funds to other divisions, resolving funding disputes and interdepartmental issues with fairness and transparency.
• Joint Business Development: Collaborate on the creation of joint business plans for new company projects, ensuring financial viability and alignment with overarching strategic objectives.

Properties and Assets Management

• Asset Value Optimization: Maximize asset yields, valuation growth, and long-term capital preservation through strategic financial oversight and performance monitoring.
• Comprehensive Financial Oversight: Oversee budgeting, forecasting, cash flow analysis, and management across all residential, land, real estate, vehicle, aviation, and marine assets in every jurisdiction where the company maintains holdings.
• Capital Expenditure Evaluation: Assess and approve capital expenditure (CapEx) initiatives to ensure alignment with financial objectives and long-term asset appreciation.