Senior Manager Development Financial Analysis. CDU📣 إعلان

About the Role

Qiddiya is seeking a Senior Manager - Development Financial Analysis to join its team in Riyadh. This full-time position involves overseeing the financial analysis of development projects, contributing to the realization of entertainment and cultural experiences in Saudi Arabia. The role requires 5-10 years of experience.

Portfolio Performance Analysis and Monitoring

This aspect of the role focuses on tracking and understanding the financial health of the project portfolio. Key responsibilities include:

• Consolidating and analyzing monthly performance across all projects.
• Monitoring key portfolio performance indicators such as IRR, ROE, margins, and cash flow.
• Conducting comparative analysis at the project level to identify trends and performance variations.
• Developing and maintaining portfolio-level dashboards with up-to-date data.

Business Plan Management

The Senior Manager will be responsible for the lifecycle of project business plans. This includes:

• Owning and maintaining business plans for all projects.
• Updating monthly business plans with actual data and revising forecasts.
• Performing variance analysis between original plans, revised forecasts, and actual results.
• Maintaining and challenging P&L assumptions, including revenue and profitability.
• Conducting scenario analysis and sensitivity testing on business plans.
• Preparing the consolidated portfolio business plan and presenting it for approval.
• Conducting post-completion reviews to compare final actuals against original and revised plans.
• Maintaining business plan version control and an assumptions register.

Stakeholder Reporting and Strategic Support

This role serves as a key liaison for financial and performance information. Responsibilities include:

• Acting as the primary contact for internal and external stakeholders regarding financial and performance data.
• Preparing and presenting memos and business plans to executive management.
• Conducting 'what-if' analyses for strategic scenarios and identifying value creation opportunities.
• Contributing to the annual strategic planning and budgeting processes.
• Developing and maintaining a repository of lessons learned from completed projects.

Process Management and Improvement

The Senior Manager will be instrumental in establishing and refining financial analysis processes. This involves:

• Establishing and enforcing reporting standards, templates, and standard operating procedures (SOPs).
• Designing and managing the reporting calendar to ensure all deadlines are met.
• Driving automation and technology adoption to reduce manual effort.
• Implementing data governance practices to ensure data quality and a single source of truth.
• Continuously improving reporting formats, analytical depth, and stakeholder experience.

Qualifications and Experience

Candidates should possess the following qualifications:

• Bachelor's degree in finance, accounting, economics, or a related field. A Master's degree or relevant professional certification (CA, ACCA, CPA) is preferred.
• 8-12 years of experience in project development, including feasibility studies and financial modeling.
• 2-3 years of experience specifically in portfolio reporting.
• Expert-level proficiency in Excel, including dynamic DCF modeling, waterfalls, and sensitivity tables.
• Expert-level proficiency in data visualization tools such as Power BI or Tableau.
• Expert-level skills in PowerPoint for executive reporting.