CFO

This is a fully remote position, open to applicants in Pakistan.

📋 Description

• Drive the financial strategy and performance of three interrelated businesses encompassing real estate development, property and asset management, and real estate sales and marketing.

• Supervise the Real Estate Development, Property Management, and Sales & Marketing divisions.

• Formulate annual budgets, rolling forecasts, cash-flow projections, and long-term financial plans.

• Develop and implement the Group's financial strategy.

• Generate consolidated financial insights into profitability, liquidity, and capital needs.

• Counsel the Group Owner on investment choices, financing, capital distribution, and risk-adjusted returns.

• Set financial policies, approval protocols, internal controls, and accountability measures.

• Enhance operating margins, minimize unnecessary costs, and boost productivity.

• Lead financial assessments of development projects and establish project-level cost benchmarks and variance analyses.

• Analyze property-management economics and sales effectiveness, including commission structures, marketing expenses, customer-acquisition costs, and marketing return on investment.

• Implement cash-flow forecasting and liquidity management processes.

• Oversee working capital, receivables, payables, and cash flow requirements.

• Develop financing strategies and manage debt responsibilities, financing expenses, liquidity risks, and compliance with covenants.

• Construct financial models for developments, acquisitions, and new business ventures.

• Identify early-warning indicators for cost overruns, delayed collections, financing pressures, and declining project returns.

• Provide monthly management accounts, consolidated Group reports, and a monthly financial dashboard.

• Set and track KPIs for each company.

• Ensure compliance with Saudi accounting, tax, Zakat, VAT, e-invoicing, corporate, and statutory reporting obligations.

• Establish controls over procurement, payments, payroll, revenue recognition, commissions, and contract commitments.

• Recognize and mitigate financial, operational, fraud, and counterparty risks.

⛳️ Requirements

• Bachelor's degree in Finance, Accounting, Business, or a related field.

• Professional qualifications such as CPA, ACCA, CMA, or an equivalent recognized credential.

• An MBA is considered an asset.

• At least 12 years of progressive finance experience, including a minimum of five years in a senior financial leadership position.

• Equivalent experience and proven results may be taken into account.

• Demonstrated experience in real estate development, construction, property management, or another capital-intensive project environment.

• Familiarity with Saudi accounting, tax, Zakat, VAT, e-invoicing, corporate, and statutory reporting requirements.

• Ability to work remotely from Pakistan.

• Availability from Sunday to Thursday, 10 am–7 pm.

🏝️ Benefits

• Competitive salary package.

• Medical and health insurance benefits.

• Annual leave and statutory benefits.

• Remote work arrangement.