Performance Management Senior Manager📣 Job Ad

About the Role

SAB is seeking a Performance Management Senior Manager to join its Finance - Performance and Capital Management Department. This full-time position is based in Riyadh, focusing on enhancing operational frameworks and providing critical insights for strategic decision-making.

Role Overview

The Performance Management Senior Manager is responsible for the comprehensive oversight of the department's operating framework. This includes ensuring the effective implementation of work processes, governing risk-related policies, and developing robust internal control systems. The role is central to generating key management information that supports informed business decisions across SAB.

Key Responsibilities

• Manage and control the department's operating framework, providing guidance and support to ensure effective implementation and review of work processes.
• Govern the department's adherence to risk-related policies and processes, covering operational, regulatory, financial, informational, reputational, and audit risks.
• Review the implementation of internal control systems in alignment with operating procedures and regulatory requirements, initiating corrective actions based on audit findings.
• Develop key management information, including financial and non-financial metrics, to support business decision-making.
• Utilize Management Information (MI) systems, collaborating with the Head of Capital and Performance Management, to ensure consistent delivery and production of key MI.
• Manage the collection of complex financial and non-financial information from all divisions within SAB.
• Support the consolidation of annual operating and strategic plans across functions and products, including system consolidation and reporting.
• Manage the preparation of ad hoc Management Information reporting requests for Senior Management.
• Operationalize SAB ALCM policies and ensure their effective implementation within IT systems.
• Develop an internal reporting system that complies with statutory rules and accounting practices.
• Ensure the implementation of all action points identified during internal and external audits.
• Prepare and submit costing and budgetary variance reports to facilitate effective management decision-making.
• Measure financial KPIs against targets, analyze variances, and propose improvements.
• Manage the cost allocation methodology in accordance with the latest organizational structure and approved policy/allocation matrix.
• Monitor process compliance for all transactions and drive continuous improvement initiatives.
• Submit quarterly and annual operating segment notes for published Financial Statements (FS), including underlying variances from prior periods and Annual Operating Plans (AOP).
• Liaise with and support external auditors during financial audits, addressing queries and issues arising from both internal and external audits.
• Centralize business finance production under the MI Production unit within the Finance department.
• Centralize the processing of all invoices for SAB Subsidiaries related to charges recovery, in accordance with approved Service Level Agreements (SLAs).

Qualifications and Experience

This senior management role requires a professional with a strong background in performance management, financial reporting, and internal control systems. Candidates should possess a comprehensive understanding of risk management policies and a proven ability to develop and utilize management information systems for strategic decision-making. Specific experience requirements are not detailed in the provided information.

Work Environment and Type

This is a full-time position based in Riyadh, within SAB's Finance - Performance and Capital Management Department. The role involves extensive collaboration with various divisions across the bank and engagement with senior management.

Application Process

Interested candidates are invited to apply for this role. Further details regarding the application process will be provided upon inquiry.