Senior Manager Development Financial Analysis. CDU📣 Job Ad
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
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.
Requirements
- Requires 5-10 Years experience
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