Budget Manager Jobs in Riyadh

About the Role

EWAA Hotels, a group of Hotels & Resorts known for its hospitality and services, is seeking a Finance Manager to oversee financial operations across its portfolio. With 54 properties in 14 cities across Saudi Arabia, EWAA Hotels serves business and leisure travelers, offering amenities such as conference halls and exhibition centers. The group includes brands like Grand Plaza Hotels & Resorts, Al Muhaidb Hotels & Residence, and EWAA Express Hotels. EWAA Hotels is committed to sustainability and guest experiences. This is a full-time, on-site role based in Jeddah. The Finance Manager will contribute to the company's vision of excellence and community service.

The Finance Manager will develop budgets, prepare financial reports, ensure regulatory compliance, and analyze financial performance to provide strategic insights. This role involves managing accounts, overseeing audits, and contributing to strategic decision-making to ensure the organization's financial health and growth.

Key Responsibilities

• Lead budgeting, forecasting, and cash flow management across multiple hotel properties within EWAA Hotels.
• Consolidate and standardize financial reporting processes to support senior management decision-making.
• Monitor financial performance against objectives and provide strategic recommendations for improvement and growth.
• Strengthen internal financial controls across Finance, Food & Beverage (F&B), Procurement, Payroll, and other operational functions.
• Manage Capital Expenditure (CAPEX) planning, conduct investment evaluations, and ensure a strong Return on Investment (ROI) for capital projects.
• Track and improve key hotel performance indicators, including Revenue Per Available Room (RevPAR), Gross Operating Profit Per Available Room (GOPPAR), and Flow-Through.
• Ensure full compliance with Saudi Arabian regulations, including ZATCA requirements, 15% VAT, and Phase 2 E-Invoicing mandates.
• Oversee all audit processes, manage reconciliations, ensure financial governance, and implement risk management activities.

Qualifications and Requirements

• A Bachelor's degree in Finance or Accounting is required.
• A minimum of 10 years of progressive experience within the hotel industry is essential.
• A minimum of 5 years of experience specifically in a Finance Manager position is mandatory.
• Proven experience managing finance operations across multiple hotel properties is a key requirement.
• At least 5 years of experience overseeing financial controls for F&B, Procurement, and Payroll functions is necessary.
• A minimum of 1 year of experience managing CAPEX projects and evaluating ROI is required.
• Demonstrated experience in monitoring and improving key hotel KPIs, including RevPAR, GOPPAR, and Flow-Through, is essential.
• A minimum of 1 year of hands-on experience with ZATCA regulations, 15% VAT, and Phase 2 E-Invoicing is required.
• Strong knowledge of the Saudi Arabian regulatory, taxation, and compliance framework is crucial.

Required Skills

• Budgeting
• Forecasting
• Cash Flow Management
• Financial Reporting
• Financial Performance Analysis
• Financial Planning
• Financial Strategies
• Account Management
• Audits
• Strategic Decision-Making
• Internal Controls
• CAPEX Planning
• Investment Evaluation
• Return on Investment (ROI)
• Hotel KPIs (RevPAR, GOPPAR, Flow-Through)
• Saudi Regulations Compliance
• ZATCA Requirements
• VAT (15%)
• Phase 2 E-Invoicing
• Financial Governance
• Risk Management
• Leadership
• Analytical Skills
• Communication Skills
• Strategic Planning Skills

Work Environment and Location

This is a full-time, on-site position. The primary work location is Jeddah, Saudi Arabia. While the role is based in Jeddah, travel to Riyadh may be required.

Join a Leader in Machinery Manufacturing!

As a Financial Manager at Zoomlion Saudi Arabia, you will play a crucial role in maintaining relationships with regional financial institutions and overseeing financial activities within the organization. This position provides a fantastic opportunity to lead and manage the financial team while contributing to the growth and development of innovative solutions in the machinery sector.

Key Responsibilities:

• Maintain regular communication and conduct annual reviews with partner financial institutions.
• Participate in regional opportunity reviews and check the progress of financing opportunities.
• Oversee the management of business submissions to ensure compliance with financial institutions' requirements.
• Track and follow up on loan disbursement documents and ensure timely collection of funds.
• Build and lead the local financing team, focusing on recruitment, training, and daily operations.

Qualifications:

• Bachelor’s degree in Economics, Finance, Accounting, Management, or related fields (Master’s or MBA preferred).
• Over 5 years of experience in financial institutions, preferably within the construction machinery industry.
• Strong communication and coordination skills.
• Fluency in Arabic and English (or Chinese) is required.
• Professional certifications such as CFA, FRM, or CPA are preferred.

Join us at Zoomlion Saudi Arabia and contribute to the Kingdom’s ambitious infrastructure and development goals outlined in Saudi Vision 2030!

• Oversee all aspects of financial management including accounting policies, procurement practices, and financial reporting.
• Drive the annual budgeting and forecasting process.
• Lead the finance team to enhance performance and talent development.
• Provide accurate forecasting to maximize business performance.
• Coordinate and support internal and external audits, ensuring proactive follow-up on audit issues.
• Maintain strong relationships with owners to align business objectives.

• Bachelor’s degree in finance, Accounting, or related field (CPA/ACCA preferred).
• 5-7 years of experience in finance or accounting, ideally in hospitality.
• Strong knowledge of financial reporting, budgeting, and forecasting.
• Experience managing audits and compliance.

About the Role

Hays is seeking a Senior Financial Controller & Contract Specialist for a 1-year extendable contract role based in Riyadh, Saudi Arabia. This position is designed for professionals with a robust background in financial control, audit, and contract management. Candidates with a Big 4 audit background who have transitioned into financial control and can effectively manage contractual financial risks and governance are particularly encouraged to apply.

The role requires a senior individual contributor to lead financial control activities, ensure compliance with internal policies and IFRS, and manage contractual financial risks. The successful candidate will be instrumental in strengthening internal controls, supporting audit readiness, and identifying and mitigating financial risks.

Key Responsibilities

• Lead financial control activities, ensuring strict compliance with internal policies and International Financial Reporting Standards (IFRS).
• Oversee and manage financial reporting accuracy, cost control measures, and budget monitoring processes.
• Strengthen internal control frameworks and actively support audit readiness initiatives.
• Identify potential financial risks and implement effective mitigation strategies to safeguard company assets and financial stability.
• Liaise effectively with both internal and external auditors, facilitating smooth audit processes.
• Review and manage contracts with a keen focus on financial terms, associated risks, and overall compliance.
• Ensure that all contracts align seamlessly with company financial policies and established internal controls.
• Provide crucial financial input and analysis during contract negotiations and any subsequent amendments.
• Monitor contract performance, track adherence to obligations, and assess financial exposure throughout the contract lifecycle.
• Collaborate closely with legal and commercial teams on contract structuring to ensure financial viability and risk mitigation.
• Ensure adherence to established governance frameworks and all relevant regulatory requirements.
• Analyze and mitigate both financial and contractual risks, implementing robust control measures.
• Implement best practices in financial control and contract oversight to enhance operational efficiency and compliance.

Qualifications and Requirements

• A minimum of 10 years of progressive experience in financial control, audit, or a closely related field.
• Mandatory experience gained from a Big 4 accounting firm, either in audit or financial advisory services.
• A strong, demonstrable background in financial controlling, internal controls, and auditing principles and practices.
• Proven exposure to contract review and management from a financial perspective, understanding the financial implications of contractual agreements.
• A solid understanding of financial reporting standards, specifically IFRS.
• Experience working effectively within complex, fast-paced business environments.
• Fluency in Arabic is mandatory for this role.

Required Skills

• Expertise in Financial Control and Internal Controls.
• Proficiency in Audit processes and Audit Readiness.
• Comprehensive Contract Management and Contract Review capabilities.
• Strong understanding of Financial Terms and Contract Compliance.
• Knowledge of Financial Policies and Contract Negotiations.
• Ability to manage Contract Amendments, Contract Performance Monitoring, and Financial Exposure assessment.
• Skills in Contract Structuring and understanding Governance Frameworks.
• Proficiency in assessing Regulatory Requirements and implementing Financial Risk Mitigation and Contractual Risk Mitigation strategies.
• Adherence to Financial Control Best Practices and Contract Oversight Best Practices.
• In-depth knowledge of IFRS.
• Excellent Analytical Skills and Problem-Solving capabilities.
• High Attention to Detail and a strong Governance Mindset.
• Effective Stakeholder Management and Communication Skills.

Contract Details and Location

This is a contract position with an initial duration of 1 year, offering the possibility of extension. The work type is contract-based. The role is located in Riyadh, Saudi Arabia.

About the Role

Havelock One Interiors, a leading turnkey fit-out service provider in the Middle East since 1998, is expanding its operations in Saudi Arabia. The company specializes in interior contracting and the manufacturing of bespoke joinery, metalworks, and sophisticated shop fittings. To support this growth, we are seeking experienced leaders to join our team. This role offers an established work environment and a loyal, respectful corporate culture, with opportunities to work on challenging projects across the country. The Commercial Manager will lead the commercial operations, oversee day-to-day activities, and focus on the long-term interests of the business. This includes setting strategic direction, managing key resources, ensuring policy compliance, and developing talent. The position requires fostering a high-performance culture and developing relationships to pursue new business opportunities while managing commercial aspects with internal and external stakeholders.

Key Responsibilities

• Lead and manage the Commercial Department, ensuring clear definition of roles and responsibilities, regular performance reviews, and support for professional development.
• Chair internal commercial review meetings, ensuring clear communication of commercial risks, opportunities, and project status to senior leadership.
• Implement standardized commercial procedures across all projects, ensuring alignment with corporate policies and governance.
• Collaborate with the estimating team to manage the end-to-end commercial aspects of projects.
• Oversee the development and preparation of contractual and tender submission documents.
• Negotiate and prepare guarantees with client representatives.
• Maintain regular correspondence and meetings with clients, PQS, and Team Liaisons to ensure updated valuations and agreed final accounts.
• Ensure contract execution and completion within the boundaries of the contract documentation.
• Protect the company against liability for damages and penalties.
• Maximize entitlements and recovery of incurred costs.
• Periodically visit sites, communicating with Site Managers/Supervisors regarding progress and variations.
• Measure and value new rates and variations.
• Continuously estimate the final contract value.
• Send contractor packages for pricing and evaluation before order placement.
• Evaluate tender responses, adjudicate, negotiate, and appoint subcontractors/vendors as required.
• Generate subcontractor documentation for payments, contra charges, and final accounts.
• Monitor and report on costs against allowances and budgets.
• Oversee the monitoring of labour and materials.
• Delegate responsibilities within the Commercial Department as necessary.
• Undertake value engineering initiatives.
• Adopt a hands-on approach and commitment to providing a high-quality, client-focused service with an ethos of "right first time, on time."
• Promote a customer service culture emphasizing client partnership through regular liaison.
• Conduct proactive and regular risk assessments.
• Mentor junior commercial staff and foster a collaborative, motivated, and high-performing team environment.

Qualifications and Requirements

• More than 12 years of experience in a similar function, with significant experience in the fit-out industry.
• Bachelor's degree in Civil Engineering or a similar degree in Quantity Surveying (preferred).
• Proven experience in leading a commercial team and managing complex contract negotiations.
• Strong decision-making ability and strategic thinking to align commercial goals with organizational objectives.
• Ability to develop commercial strategies and mentor teams toward successful project delivery.
• Knowledge of the full tender process and experience in value engineering.
• Experience in analyzing trade comparisons.
• Professionalism and strong work ethics.
• Ability to communicate effectively both internally and externally in business English, both in writing and orally.
• Commercially astute.
• Team handling, leadership, and stakeholder management skills.

Required Skills

• Commercial Operations Management
• Strategic Direction Setting
• Resource Management
• Policy Compliance
• Talent Development
• Leadership
• Guidance and Support
• High-Performance Culture Development
• Business Development
• Stakeholder Management
• Contract Negotiation
• Tender Submission
• Value Engineering
• Risk Assessment
• Team Handling
• Proficiency in Microsoft Outlook, Word, and Excel
• Effective Communication (written and oral)

Work Location and Environment

This is a full-time position based in Riyadh, Saudi Arabia, with projects located across the country. The ideal candidate will be flexible and adaptable to work on different projects nationwide. Havelock One Interiors offers opportunities to work on challenging projects in a key growth market.

About the Role

Chestertons MENA is expanding its Building Consultancy & Project Management team and is seeking a highly experienced Senior Cost Control Manager to join their dynamic operations in Saudi Arabia. This role is crucial for ensuring the financial success and strategic alignment of various construction projects within the Kingdom. The Senior Cost Control Manager will play a pivotal role in managing project finances from inception through to completion, providing expert financial guidance and robust cost control measures. This position offers a challenging and rewarding opportunity for a seasoned professional looking to make a significant impact in the Saudi Arabian construction market.

Key Responsibilities

• Prepare preliminary budgets, cost plans, benchmark studies, and financial feasibility evaluations during the early stages of projects.
• Develop comprehensive project budgets considering market conditions, contractor pricing trends, procurement strategies, and construction methodologies.
• Review design developments and assess their financial implications on overall project budgets and delivery strategies.
• Develop and maintain detailed project cost reports, cash flow forecasts, cost trackers, and commercial reporting systems across multiple projects.
• Monitor project expenditures, commitments, variations, claims, and forecast final project costs against approved budgets.
• Support tendering activities, including Bill of Quantities (BOQ) reviews, commercial comparisons, tender analysis, and contractor evaluations.
• Challenge unrealistic consultant estimates and provide commercially grounded recommendations to management teams.
• Proactively identify cost risks and support value engineering initiatives without compromising project quality or operational objectives.
• Benchmark project costs against comparable hospitality, fit-out, and mixed-use developments within the Saudi market.
• Coordinate with Design Managers, Project Managers, planners, consultants, contractors, and procurement teams to ensure alignment between scope, cost, and program.
• Prepare executive-level financial reports, dashboards, and cost summaries for management and Board presentations.
• Review contractor payment applications, variation submissions, and commercial proposals.
• Support the establishment of cost control procedures, governance systems, and reporting standards across all projects.
• Support project close-out activities, including final account reviews, commercial reconciliation, and final cost reporting.

Qualifications and Experience

• Bachelor's Degree in Civil Engineering, Construction Management, Architecture, Commercial Management, or a related field.
• A relevant degree or qualification in Quantity Surveying.
• Approximately 10 to 18 years of experience in cost management, commercial management, project controls, or construction financial management roles.
• Proven experience in hospitality, fit-out, commercial, mixed-use, or high-end construction projects.
• Strong knowledge of Saudi construction market pricing, contractor costing structures, procurement methods, and commercial practices.
• A solid understanding of budgeting, cost forecasting, BOQs, tendering, procurement, variations, and commercial reporting.
• Good understanding of construction methodologies, fit-out systems, MEP coordination, and project delivery processes.
• Experience reviewing Issued For Construction (IFC) packages, tender documentation, contracts, and project specifications.
• Experience working in fast-track project environments with multiple concurrent projects.
• GCC experience is preferred.

Required Skills and Competencies

• Cost Control and Budgeting
• Cost Planning and Financial Feasibility
• Cost Forecasting and Cashflow Forecasting
• Commercial Reporting and Cost Tracking
• Tendering Activities, BOQ Reviews, Tender Analysis, and Contractor Evaluations
• Value Engineering and Cost Risk Identification
• Benchmarking
• Project Management principles
• Financial Reporting and Presentation Skills
• Proficiency in Cost Management Systems and Microsoft Excel
• In-depth knowledge of Saudi Construction Market Pricing, Procurement Methods, and Commercial Practices
• Understanding of Construction Methodologies, Fit-out Systems, MEP Coordination, and Project Delivery Processes
• Experience reviewing IFC Packages, Tender Documentation, Contracts, and Project Specifications
• Strong Analytical Capabilities
• Client-Side, PMC, or Multi-Project Management Experience
• Strong Coordination and Communication Skills
• Detail-Oriented Approach

Work Location and Type

This is a full-time position based in Saudi Arabia, with project involvement across the Makkah region, including cities such as Jeddah, Makkah, and Riyadh. The role requires strong coordination skills between technical, commercial, procurement, and operational stakeholders, and comfort operating in client-side, PMC, or multi-project management environments. The ideal candidate will be a commercially strong professional with a deep understanding of real market pricing and construction delivery dynamics, capable of providing realistic budget visibility and strategic financial recommendations.

About the Role

Cognizant is seeking an experienced Senior Account Manager to join its team in Saudi Arabia. This role is integral to expanding the company's global service portfolio, which includes Integration, Technology, and Outsourcing services for key clients in the Banking & Financial Services (BFS) sector. The position involves daily interaction with clients and Cognizant senior management, reporting directly to the Client Partner. The role is based in Riyadh.

As a significant contributor to Cognizant's IT and Consulting Business, the Senior Account Manager will serve as the primary point of contact for assigned clients. This involves acting as a business owner for these accounts, leading daily activities, and managing the Profit & Loss (P&L). Collaboration with delivery teams will be essential for enhancing the backlog, optimizing resource allocation, and managing scope changes to ensure client expectations are consistently met and to foster positive client experiences through regular engagement.

Key Responsibilities

• Develop and manage relationships with existing clients in Saudi Arabia, identifying new opportunities and expanding current engagements.
• Penetrate new accounts where Cognizant's brand is not yet established, effectively showcasing capabilities and delivering value propositions.
• Lead the creation of high-quality proposals, ensuring multidisciplinary team collaboration to meet client requirements, with proficiency in handling RFPs and RFIs in an international context.
• Drive the end-to-end business development process, coordinating with delivery, technical, and pre-sales teams to align solutions with client expectations.
• Develop go-to-market strategies tailored for the banking and insurance segments, aligning business objectives with market opportunities.
• Manage the day-to-day activities and P&L of assigned client accounts.
• Conduct client meetings to establish and maintain positive client experiences.
• Enhance backlog and optimize resource mix in collaboration with delivery teams.
• Navigate scope changes to ensure client expectations are met.

Qualifications and Experience

• Over 10 years of experience in a client-facing role within IT Professional Services firms or the offshore outsourcing industry, with significant penetration in the Banking sector.
• Proven experience managing client P&L of several million dollars, including reporting and metric assessment for the account.
• Excellent ability and aptitude to influence and communicate effectively with business stakeholders up to the C-Suite level.
• A proactive mindset with the ability to interface effectively at all levels of an organization.
• Demonstrable problem-solving abilities with the skills to identify strategic solutions to business problems that have enterprise-wide implications.

Required Skills

• Client Engagement and Growth
• New Business Development
• Proposal Development
• RFP and RFI Management
• Opportunity Management
• Strategic Planning
• Banking Sector Expertise
• Financial Services Industry Knowledge
• Client P&L Management
• Stakeholder Management
• Excellent Communication (Oral and Written)
• Problem-solving
• Team Spirit

Work Environment and Additional Information

This is a full-time position based in Riyadh, Saudi Arabia, within the Riyadh Region. The role operates on a hybrid work model, which includes regular client visits within Riyadh, KSA. A Master's degree (MS) or MBA is preferred. A proven track record in contributing to new business development in Saudi Arabia and the ability to manage multiple tasks in a dynamic environment are highly desirable.

Cognizant embraces diversity, recognizing its importance for thriving operations. The company aims to include all individuals, valuing and respecting unique voices and backgrounds.