Senior Specialist Billing and Cost Control

About the Role

Qiddiya Investment Company (QIC) is seeking a Senior Specialist - Billing and Cost Control to join their team in Riyadh, Riyadh Province. This full-time role focuses on managing financial planning, budget oversight, and procurement processes to ensure operational efficiency and compliance.

Financial Planning and Budget Management

The Senior Specialist will lead financial planning activities, including budget preparation and monitoring, and ensure accurate financial reporting. This involves close collaboration with scope owners to develop robust financial frameworks.

• Lead the preparation and consolidation of annual budgets and forecasts.
• Support scope owners in developing budget calculations, assumptions, forecasts, and supporting justifications.
• Monitor budget performance, spending trends, and forecast accuracy.
• Track commitments, accruals, and future financial obligations.
• Maintain accurate budget trackers and prepare financial reports, spend analyses, and management dashboards.
• Review and validate vendor invoices, financial claims, and other contract-related payments prior to processing.

Procurement Planning and Governance

This role is responsible for coordinating procurement planning activities, ensuring alignment with business needs, and supporting strategic partnerships to enhance value and achieve company objectives.

• Coordinate procurement planning activities and ensure requirements align with business needs.
• Develop and maintain a procurement plan aligned with business needs, budgets, and timelines.
• Support category strategies and cost-efficiency opportunities to improve value for money.
• Support the development of strategic partnerships that strengthen long-term value and contribute to QIC objectives.
• Support the establishment of a Supplier Relationship Management (SRM) and performance framework.
• Develop high-quality Scopes of Work (SoW) that enable the business to succeed.
• Ensure compliance with procurement policies, DoA, approval matrices, and Local Content requirements.
• Support technical and commercial evaluations of proposals and recommendations.
• Manage system-based PR, SRO, SES, and related procurement workflows, ensuring accurate processing and complete documentation.
• Monitor contract utilization, commitments, and expenditure against approved values and budgets.
• Support contract amendments, extensions, renewals, and close-out activities.

Qualifications and Experience

Candidates should possess relevant experience in financial planning, budget management, and procurement processes. The role requires a professional with a strong understanding of financial controls and compliance.

• 3-4 years of experience in a related field.

Work Environment

This is a full-time position based in Riyadh, offering an opportunity to contribute to the financial and operational success of Qiddiya Investment Company.