Associate Director - Commercial & Reporting

Qiddiya Investment Company; Riyadh; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading company in the entertainment sector seeks an Associate Director - Commercial & Reporting. This role involves overseeing budget management and cost control for major infrastructure projects, ensuring compliance, and providing strategic insights based on financial data. The ideal candidate will have extensive experience in commercial construction delivery, strong leadership skills, and proficiency in financial management software. Join a dynamic team and contribute to innovative projects in a fast-paced environment.

Qualifications

• 12-15 years of experience in commercial construction delivery.
• Experience managing multiple projects and stakeholders.

Responsibilities

• Oversee budget management and cost control for major projects.
• Lead budgeting, forecasting, and financial reporting processes.
• Ensure compliance with legal and regulatory requirements.

Skills

Leadership

Communication

Budget Management

Cost Control

Forecasting

Education

Bachelor's degree in Quantity Surveying

Bachelor's degree in Cost Engineering

Bachelor's degree in Finance

Bachelor's degree in Accounting

Tools

Prism

SAP

Job description

Associate Director - Commercial & Reporting

The Associate Director - Commercial & Reporting oversees budget management, cost control, and comprehensive reporting for major transport infrastructure projects. This role ensures financial discipline, accurate forecasting, and detailed reporting to support strategic decision-making and project success.

Essential Duties and Responsibilities:

• Champion QIC's "Safety First" value, confidently enacting Stop Work authority and engaging in health, safety, and wellbeing standards.
• Model leadership behaviors aligned with the Qiddiya Values.
• Motivate and inspire a high-performance culture through clear direction, feedback, recognition, and fostering collaboration and innovation.
• Develop and implement budget management and cost control strategies for large-scale projects.
• Ensure compliance with legal and regulatory requirements related to commercial activities.
• Collaborate with stakeholders to develop the Contracts budget aligned with organizational goals.
• Lead commercial and financial management, collaborating with Directors to define objectives and track progress.
• Identify trends and risks in cash flow forecasting and expenditure.
• Contribute to standardizing work breakdown and cost structures, coordinating with QIC and Delivery Partners.
• Coordinate with Project Controls to implement effective budget, risk, and change management systems.
• Develop standards for budget, cost, and estimating management, ensuring market best practices and compliance.
• Provide leadership and guidance for complex project budgeting, reporting, and cost control issues.
• Support continuous improvement initiatives in team activities, policies, and procedures.
• Lead budgeting, forecasting, and monthly financial reporting processes.
• Oversee project budgets, cost forecasts, and cash flows, ensuring alignment with financial targets.
• Implement policies, software, and processes related to financial management.
• Conduct detailed cost analyses and financial forecasts to identify risks and opportunities.
• Maintain standardized reporting practices and prepare comprehensive financial reports for senior management.
• Collaborate with project teams to ensure accurate financial reporting.
• Maintain financial controls and procedures to ensure compliance.
• Enhance reporting tools and systems for better data accuracy and accessibility.
• Provide strategic insights based on financial data to aid project planning.
• Mentor and develop a team of analysts and reporting specialists, fostering professional growth.
• Ensure effective communication with internal and external stakeholders, including regulatory bodies and financial institutions.

Desired Candidate Profile

Qualifications

• Bachelor's degree in Quantity Surveying, Cost Engineering, Finance, Accounting, or related field.

Professional Certifications (if required)

• Royal Institute of Chartered Surveyors preferred but not essential.

Years of Experience

• 12-15 years of experience in commercial construction delivery, ideally with contractor and consultancy backgrounds managing budgets and costs.
• Experience managing multiple projects, conflicting priorities, and stakeholders.
• Proven track record in cash flow development and reporting.
• Experience in the Middle East/KSA preferred, with leadership in commercial management of major projects across the project lifecycle.
• Expertise in budgeting, cost management, cash flow, and reporting.
• Ability to support teams through business changes and respond to evolving requirements.
• Strong leadership skills to manage and prioritize workload, inspire teams, and deliver results.
• Excellent written and verbal communication skills in English.
• Proficiency with enterprise management software such as Prism, SAP, or similar systems.

Company Industry

• Entertainment
• Recreation
• Theme Parks

Department / Functional Area

Keywords

• Associate Director - Commercial & Reporting

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