Ignite Search and Selection

Chief Financial Officer

Posted: 3 days ago

Job Description

We are currently partnering with a leading renewable energy developer based in Riyadh, who is seeking an experienced Chief Financial Officer to oversee accounting operations across their SPV entities.Key ResponsibilitiesLead portfolio-wide financial planning, budgeting, and forecasting processes, ensuring alignment with strategic objectives and sustainable growth.Oversee financial modeling, scenario analysis, and capital allocation across multiple entities and projects.Partner with senior leadership to translate financial insights into business strategies that drive performance and profitability.Oversee all accounting and audit functions across the portfolio, ensuring compliance with IFRS standards, regulatory frameworks, and internal governance policies.Implement strong financial control systems and risk management frameworks to ensure transparency and accountability.Coordinate internal and external audits, ensuring timely completion and alignment with corporate requirements.Deliver monthly and quarterly business performance reviews to senior leadership and the Board.Consolidate financial results and provide actionable insights on performance drivers, risks, and improvement opportunities.Lead business review meetings and ensure all projects are on track with agreed KPIs and financial targets.Work closely with project CFOs to identify cost optimization and efficiency opportunities across EPC, O&M, and investment operations.Provide strategic financial support for new investments, refinancing, and project expansions.Manage stakeholder relationships with partners, lenders, and government entities, ensuring alignment with business and regulatory goals.Ensure robust internal controls, accurate reporting, and full compliance with contractual, legal, and tax obligations.Champion financial transparency and ethical standards across the organization.Drive continuous improvement initiatives to strengthen processes, systems, and financial accuracy.Lead and mentor the finance team, fostering a culture of accountability, collaboration, and high performance.Build capabilities within the finance function to meet evolving business needs and support future growth.RequirementsBachelor’s degree in Finance, Economics, or Accounting; MBA or professional certification (CPA, CFA, ACCA) preferred.Minimum 10 years’ experience in finance, controlling, or business performance roles, ideally within the energy or infrastructure sector.Proven expertise in Saudi Arabia within IPP/IWP or similar project environments.Strong understanding of project finance, EPC/O&M contracts, and portfolio management.Exceptional communication, analytical, and leadership skills.

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