CFO
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Key skills for this role
About the Role
Sporti & Sayedat is seeking a strategic CFO to lead financial strategy, drive commercial performance, and support expansion of a growing fitness brand in Al Khobar, Saudi Arabia.
Key Skills for This Role
Responsibilities
- Develop and execute the company's financial strategy to support business growth
- Drive improvements in revenue, profitability, cash flow, and operational performance
- Lead budgeting, forecasting, financial modelling, and management reporting
- Monitor key fitness industry metrics including membership revenue, retention, utilisation, payroll efficiency, and club profitability
- Partner with operational and commercial teams to improve pricing, cost management, and overall business performance
- Strengthen financial controls, governance, compliance, and cash management
- Lead financial planning and investment analysis for the development of Sporti's second location
- Manage relationships with banks, auditors, investors, and external advisors
Requirements
- Proven experience as CFO, Finance Director, Head of Finance, or similar senior leadership role
- Mandatory experience within fitness, health club, wellness, or hospitality industry
- Strong understanding of membership based business models and commercial finance
- Experience supporting business expansion, investment planning, or multi site growth
- Expertise in financial modelling, budgeting, forecasting, and cash flow management
- Knowledge of Saudi Arabian financial regulations and compliance requirements
- Professional finance qualification such as CPA, ACCA, CMA, or equivalent preferred
Full Job Posting
Overview
- Sporti & Sayedat is seeking a strategic and commercially minded Chief Financial Officer (CFO) to join the executive leadership team.
- This is an opportunity to shape the financial future of a growing fitness business, drive commercial performance, and lead financial strategy for the expansion of the second club.
Key Responsibilities
- Develop and execute the company's financial strategy to support business growth.
- Drive improvements in revenue, profitability, cash flow, and operational performance.
- Lead budgeting, forecasting, financial modelling, and management reporting.
- Monitor key fitness industry metrics, including membership revenue, retention, utilisation, payroll efficiency, and club profitability.
- Partner with operational and commercial teams to improve pricing, cost management, and overall business performance.
- Strengthen financial controls, governance, compliance, and cash management.
- Lead financial planning and investment analysis for the development of Sporti's second location.
- Manage relationships with banks, auditors, investors, and external advisors.
About You
- Proven experience as a CFO, Finance Director, Head of Finance, or similar senior leadership role.
- Mandatory experience within the fitness, health club, wellness, or hospitality industry.
- Strong understanding of membership based business models and commercial finance.
- Experience supporting business expansion, investment planning, or multi site growth.
- Expertise in financial modelling, budgeting, forecasting, and cash flow management.
- Knowledge of Saudi Arabian financial regulations and compliance requirements.
- A professional finance qualification such as CPA, ACCA, CMA, or equivalent is preferred.
Why Join Sporti & Sayedat?
- Unique opportunity to join an ambitious and expanding fitness business at a pivotal stage of its growth.
- Play a key role in shaping financial strategy, influencing executive decision making, and supporting successful expansion.
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