Chief Financial Officer - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia30+ days ago
Job descriptionOversee accounting, treasury, tax, and financial reporting functions. Ensure accurate monthly, quarterly, and annual financial statements in compliance with local regulations and international standards (IFRS / Saudi GAAP). Monitor working capital, cash flow, and liquidity to support smooth production and procurement cycles. Prepare cost analysis and variance reports for manufacturing and casting operations. Evaluate financial viability of capital investments, including machinery upgrades, expansions, and infrastructure projects. Lead feasibility and ROI assessments of new product lines or strategic partnerships (e.g., international collaborations). Supervise financing activities including LCs, project financing, and refinancing plans in coordination with banks and investors. Partner with supply chain and procurement teams to ensure cost-effective purchasing strategies, particularly for scrap, ferroalloys, and consumables. Analyze vendor contracts, payment terms, and price trends to optimize procurement spend. Ensure adherence to financial laws, tax regulations, and internal policies. Liaise with external auditors, banks, government authorities (e.g., ZATCA, MISA, SAMA) for financial and compliance matters. Oversee risk management, insurance, and internal controls tailored to foundry operations. Lead and develop the finance team, including accountants, controllers, and analysts. Promote cross-functional collaboration with operations, production, and logistics departments. Report to the CEO and Board of Directors on financial performance, risks, and strategic financial initiatives. Bachelor’s degree in Accounting, Finance, or Economics (MBA or CPA / ACCA preferred). 10+ years of financial leadership experience, preferably in heavy manufacturing or industrial sectors. Strong knowledge of cost accounting, industrial budgeting, and CapEx planning. Experience with ERP systems (e.g., SAP, Oracle, or local foundry ERP software). Deep understanding of financial compliance in Saudi Arabia, including VAT, Zakat, and SAMA guidelines. Excellent leadership, analytical, and communication skills. Bilingual (Arabic and English) preferred for effective coordination with local and international partners.
💰 Financial Strategy & Planning
- Develop and implement financial strategies aligned with the company’s goals and industrial operations.
- Lead budgeting, forecasting, and long-term financial planning processes, with focus on production costs and raw material volatility.
- Analyze financial risks and develop mitigation strategies, particularly in relation to foundry operations, energy usage, and scrap metal pricing.
📊 Financial Operations & Reporting
🏗️ CapEx, Investments & Projects
📦 Procurement & Supply Chain Support
🧾 Governance, Compliance & Audit
👥 Leadership & Team Management
📌 Qualifications & Requirements :
Create a job alert for this search
Chief Financial Officer • Jeddah, Makkah Province, Saudi Arabia
Related jobs
Steel Foundry and Iron Casting Factory.This role includes budgeting, cost control, financial reporting, and ensuring compliance with regulatory requirements.
The FM supports strategic decision-makin...Show moreLast updated: 16 days ago
- Promoted
Financial Controller - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Develop financial models to support strategic initiatives, pricing strategies, and operational decisions.Prepare monthly, quarterly, and annual financial reports, including profit & loss, balance s...Show moreLast updated: 30+ days ago
- Promoted
HSE Officer - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Conduct regular safety inspections and audits of work areas, machinery, and practices.Identify hazards, assess risks, and recommend preventive measures.
Ensure availability and proper use of PPE and...Show moreLast updated: 30+ days ago
- Promoted
Procurement Officer - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Identify and maintain relationships with local and international scrap suppliers.Source different grades and types of ferrous scrap (e.
HMS, cast iron, steel turnings) based on melt shop requirement...Show moreLast updated: 30+ days ago
- Promoted
Shared Services Manager - Shear International Co.Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Ltd is seeking a highly motivated and experienced.The Shared Services Manager will be responsible for overseeing a variety of critical functions, ensuring efficient and effective service delivery a...Show moreLast updated: 30+ days ago
- Promoted
Chief Financial Officer - Shear International Co.Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Develop and implement financial strategies aligned with the company’s goals and industrial operations.Lead budgeting, forecasting, and long-term financial planning processes, with focus on producti...Show moreLast updated: 30+ days ago
- Promoted
Water Planning Department Manager
Hill InternationalJeddah, Makkah, Saudi Arabia Water Planning Department Manager.About the job Water Planning Department Manager.General Description of Role and Responsibilities : .
Adopting and implementing Clients PMM and EXPROs Five-Year Projec...Show moreLast updated: 14 days ago
- Promoted
General Purchasing Officer - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Process purchase requests for general materials such as tools, safety equipment, maintenance items, chemicals, lubricants, office supplies, etc.
Identify suitable suppliers and obtain competitive qu...Show moreLast updated: 30+ days ago
- Promoted
Chief Operating Officer - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Ltd is seeking a highly experienced and driven Chief Operating Officer (COO) for their.Steel Foundry and Iron Casting Factory.
As COO, you will play a vital role in overseeing the day-to-day adminis...Show moreLast updated: 30+ days ago
- Promoted
General Accountant - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Monitor and manage daily cash balances and bank accounts to ensure sufficient liquidity.Prepare and process payments for suppliers, employees, and operational expenses.
Record all cash and bank tran...Show moreLast updated: 30+ days ago
- Promoted
Commercial Manager - Shear International
Qureos IncJeddah, Makkah Province, Saudi Arabia Ltd is seeking a highly motivated and experienced.As Commercial Manager, you will play a crucial role in developing and implementing commercial strategies to drive business growth and maximise prof...Show moreLast updated: 30+ days ago
- Promoted
HR Specialist - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Manage end-to-end recruitment processes including job postings, candidate screening, and interview scheduling.Develop sourcing strategies for skilled trades and technical positions relevant to the ...Show moreLast updated: 30+ days ago
- Promoted
Shared Services Manager - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Ltd is seeking a highly motivated and experienced.The Shared Services Manager will be responsible for overseeing a variety of critical functions, ensuring efficient and effective service delivery a...Show moreLast updated: 30+ days ago
- Promoted
Warehouse Supervisor - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Supervise the receiving, inspection, and proper storage of raw materials such as steel billets, alloys, and chemicals used in casting production.
Manage the proper storage of finished castings, ensu...Show moreLast updated: 30+ days ago
- Promoted
Chief Operating Officer - Shear International Co.Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Ltd is seeking a highly experienced and driven Chief Operating Officer (COO) for their.Steel Foundry and Iron Casting Factory.
As COO, you will play a vital role in overseeing the day-to-day adminis...Show moreLast updated: 30+ days ago
Finance Manager - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, .SAQuick Apply
- Promoted
Logistic Officer - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Manage the scheduling and coordination of inbound and outbound shipments of raw materials and finished castings.Ensure that transportation and delivery schedules are adhered to, preventing delays i...Show moreLast updated: 30+ days ago
- Promoted
Storekeeper - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Receive raw materials, spare parts, chemicals, and other supplies used in steel casting production, ensuring they are properly documented.
Verify the quality and quantity of materials upon receipt, ...Show moreLast updated: 30+ days ago
- Promoted
Logistics Supervisor - Shear International Co. Ltd
Qureos IncJeddah, Makkah Province, Saudi Arabia Logistics & Transportation Management.Oversee the transportation of raw materials (e.Manage the scheduling of incoming and outgoing shipments, ensuring timely and cost-effective delivery.Coordinate...Show moreLast updated: 30+ days ago