Chief Financial Officer - Saudi Arabia F/H

For 80 years, Freyssinet (6,300 employees – €920M in revenue), a subsidiary of the VINCI Group and a global leader in specialized civil engineering, has been offering technical solutions in two key areas: construction and structural repair. Operating across five continents, Freyssinet is involved in a wide range of projects, including footbridges, bridges, civil engineering structures, nuclear power plants, industrial civil engineering, buildings, stadiums, and water reservoirs.

Carpi, a subsidiary of Freyssinet, is a leading company in waterproofing solutions for hydraulic infrastructure. Specializing in the design, manufacturing, and installation of SIBELON® geomembrane systems, Carpi Tech undertakes international projects, providing customized solutions to ensure the waterproofing of dams, reservoirs, tunnels, and other structures.

Carpi will soon launch a subsidiary in Saudi Arabia for several major projects in the region.

Role Overview:

The CFO is responsible for ensuring accurate and timely internal and external financial reporting, as well as managing all tasks related to this function. The CFO oversees the execution of all general accounting and cost management activities and provides leadership and direction to the finance team. As a key business partner, the CFO will work closely with the Management Team to enhance financial tools and processes to support the company's growth.

Key Responsibilities:

• Department Leadership: Organize and manage the finance department to consistently support business unit objectives and the sales and operations teams.
• Team Oversight: Supervise and guide members of the finance department, including the Staff Accountant, Project Administrator, Contract Administrator, and Payroll Administrator.
• Compliance: Ensure adherence to financial laws and regulations in Saudi Arabia.
• Cost Control: Implement and maintain a robust and reliable cost control process for projects.
• Cost Reviews: Coordinate monthly cost reviews with the operations team.
• Financial Reporting: Manage and report on monthly, quarterly, and annual closures, forecasts, budgets, and financial plans to the local management team.
• Parent Company Reporting: Submit timely monthly, quarterly, and annual reports to the parent company using Magnitude (parent company reporting software).
• Group Liaison: Communicate transparently with Group headquarters and other Business Units regarding any inquiries or issues, ensuring prompt responses.
• Audit Coordination: Oversee audits and collaborate with external tax firms on the preparation of tax returns, serving as the main point of contact for these processes.
• Cash Management: Monitor cash forecasts versus actual cash positions, optimize working capital, and assess exposure and risk.
• Financial Strategy: Review overhead costs, identify risks and opportunities on projects, and manage business plans, feasibility studies, and investment proposals.

The ideal candidate has a minimum of 12 years of hands-on experience in accounting management. A degree in Accounting or Finance is required, along with a CPA Certification or an equivalent non-US certification. Proven supervisory experience is necessary. Strong analytical skills are essential, and the candidate must be detail-oriented with excellent organizational abilities. Proficiency in Vista Viewpoint or similar accounting software is also required.

Freyssinet, Inc. has been a leader in civil engineering and specialized construction since 1995. We are part of the respected Soletanche-Freyssinet Group, known for delivering innovative solutions in civil and structural engineering. Initially focused on bridge components and post-tensioning, we have successfully expanded into the repair, protection, and strengthening of structures.

Joining Freyssinet means becoming part of a company with a strong reputation for excellence. We offer exciting opportunities for career growth in a dynamic global environment

Entity

Depuis 80 ans, Freyssinet (6 300 collaborateurs – 685M€ de CA), filiale du groupe VINCI et leader mondial du Génie Civil spécialisé propose des solutions techniques intégrées dans deux grands domaines : la construction et la réparation de structures. Le Groupe Freyssinet intervient sur les cinq continents sur tout type d'ouvrages : passerelles, pont et ouvrages d'art, centrales nucléaires, génie civil industriel, bâtiments, stades, réservoirs d'eau, …