About the Role
We are seeking an experienced
Freelance CFO
with strong expertise in the
construction and infrastructure sector
to provide strategic financial leadership and hands-on support. This role is ideal for a finance professional who understands the complexities of construction projects, cash flow management, and cost controls, while offering flexible, part-time, or project-based engagement. Key Responsibilities
Financial Strategy & Planning Develop and oversee financial strategy aligned with company goals and project pipeline. Advise leadership on capital structure, debt / equity funding, and risk management. Build financial models for new bids, tenders, and long-term projects. Cash Flow & Working Capital Management Monitor project cash flows, progress payments, and retainage. Optimize working capital through receivables, payables, and vendor financing. Ensure adequate liquidity for ongoing projects. Project Cost Control & Reporting Implement robust cost-tracking systems by project and phase. Review job costing, budgets vs. actuals, and variance analysis. Provide profitability insights per project, region, or client. Fundraising & Banking Relations Support in securing construction loans, bonding, and credit facilities. Maintain relationships with banks, investors, and financial institutions. Prepare financial documentation for lenders and bonding companies. Compliance & Risk Management Ensure compliance with accounting standards, tax regulations, and construction-specific reporting. Oversee insurance, bonding, and risk mitigation strategies. Implement internal controls to prevent cost overruns, fraud, or misallocations. Leadership & Advisory Partner with CEO / MD and project managers to drive financial discipline. Mentor finance staff and establish best practices in accounting / reporting. Provide board-level financial presentations and investor updates. Qualifications
Proven experience as a
CFO, VP Finance, or senior finance leader
within a construction or project-based company. Strong knowledge of
construction accounting (WIP schedules, percentage-of-completion, job costing) . Experience with
ERP / software
used in construction (e.g., Sage 300 CRE, Procore, QuickBooks with construction modules). Solid background in
cash flow forecasting, project financing, and capital planning . CPA, CFA, CMA, or equivalent preferred. Excellent communication, negotiation, and analytical skills. Engagement Details
Type :
Freelance / Part-time / Fractional CFO Commitment :
Flexible (e.g., 2–3 days per week or project-based) Location :
Remote with periodic onsite visits (if required) Compensation :
Negotiable – based on experience and scope Skills
Strategic Financial Planning
– ability to align financial strategy with business growth and long-term objectives. Budgeting & Forecasting
– expertise in building accurate financial models, projections, and cost plans. Cash Flow Management
– ensuring liquidity, optimizing working capital, and handling short- and long-term funding. Fundraising & Capital Structuring
– experience with equity, debt, banking relationships, and investor relations. Risk Management & Compliance
– knowledge of regulatory frameworks, tax laws, and internal controls. Leadership & Communication
– strong advisory skills, able to guide executive teams and present to stakeholders. M&A and Investment Analysis
– evaluating expansion opportunities, partnerships, and acquisitions. ERP & Financial Systems Proficiency
– familiarity with modern accounting and reporting software. Construction-Specific CFO Skills
Construction Accounting Expertise
– knowledge of
WIP schedules, percentage-of-completion accounting, and job costing . Project Cost Control
– ability to track budgets vs. actuals and manage cost overruns. Contract & Claims Finance
– understanding of retainage, progress billing, change orders, and claims management. Bonding & Insurance Management
– experience with surety bonds, liability coverage, and risk transfer. Project Financing
– securing construction loans, lines of credit, and managing draw schedules. Vendor & Subcontractor Payments
– handling milestone-based payments, lien waivers, and payment applications.
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Chief Financial Officer • Riyadh, Saudi Arabia