CAPEX Spend Efficiency Consultant, Financial Sustainability & Spend Efficiency, Riyadh

Ernst & Young Advisory Services Sdn Bhd; Riyadh; On-site; SAR 187,000 - 300,000; Full time

Job summary

A leading consulting firm seeks a CAPEX Spend Efficiency Consultant in Riyadh to support organizations with capital investment projects. The role requires conducting financial analyses and developing strategic portfolio plans. Candidates should have 6-10 years of relevant experience, ideally with a Big-4 background. Excellent communication in Arabic and English is essential, along with a solid understanding of procurement regulations. The company offers a competitive salary and flexible working arrangements, promoting personal and professional growth.

Benefits

Competitive remuneration package

Support for flexible working

Career development opportunities

Qualifications

• 6 - 10 years of professional experience in planning and reporting for capital projects.
• Previous consulting experience in Big-4 firms is a must.
• Excellent communication skills in Arabic and English.
• Strong understanding of procurement regulations.

Responsibilities

• Conduct financial feasibility studies for capital projects.
• Assess investment options using financial models.
• Support clients in prioritizing CAPEX portfolios.
• Oversee capital project execution and support cost optimization.

Skills

Financial feasibility analysis

Project management

Communication skills

Logic and analytical skills

Education

Bachelor's degree in Engineering, Business, Economics, Finance, or Accounting

Tools

Microsoft Suite

Job description

CAPEX Spend Efficiency Consultant, Financial Sustainability & Spend Efficiency, Riyadh

Location: Riyadh

Other locations: Primary Location Only

Date: Jan 12, 2026

Requisition ID: 1672101

CAPEX Spend Efficiency Consultant, Financial Sustainability & Spend Efficiency, Riyadh

About EY

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

About EY Financial Sustainability and Spend Efficiency (FS) Services

The EY Financial Sustainability and Spending Efficiency (FSSE) practice supports EY’s comprehensive advisory services across the Government and Public Sector (GPS). The practice enables clients to strengthen their Financial Sustainability and Spending Efficiency functions through a wide range of solutions, including Financial Services, Spend Reviews, Non-Oil Revenue Development, Procurement Enhancement, Local Content Development, and other specialized offerings across the MENA region.

The Opportunity

The CAPEX Spend Efficiency Consultant is responsible for supporting organizations in planning, evaluating, and executing capital investment projects to ensure they deliver optimal value and align with strategic objectives. The role focuses on developing portfolio plans, conducting financial and feasibility analyses, preparing business cases, and supporting clients in making informed investment decisions. The consultant provides guidance throughout the project lifecycle—covering planning, financing, execution, and reporting—while ensuring strong governance, cost efficiency, and data accuracy. This position plays a key role in helping clients prioritize CAPEX initiatives, enhance project performance, and maximize returns on investment.

Key Responsibilities

• Conduct financial feasibility studies and business cases for capital projects, including ROI analysis and financial modeling.
• Assess investment options using tools such as sensitivity analysis, internal rate of return (IRR), etc.
• Support clients in prioritizing CAPEX portfolios based on strategic objectives, budget limits, and project value.
• Perform CAPEX project health checks, readiness assessments, and post-implementation reviews to evaluate performance and ensure alignment with planned outcomes.
• Plan capital projects by developing and updating 5-Year Portfolio Plans (5YPPs), reviewing project priorities, and explaining requirements and guidelines to clients.
• Prepare and review financing-related deliverables, including 5-case model studies (strategic, economic, commercial, financial, and administrative analyses), as well as drafting and reviewing RFPs, contracts, and procurement documents.
• Oversee capital project execution, ensuring effective project management, quality assurance, timeline monitoring, cost control, and identification of spending efficiency opportunities. Support cost optimization initiatives, value engineering reviews, and lifecycle cost assessments.
• Design evaluation criteria for CAPEX projects to support fair and transparent project assessment and investment decision-making.
• Prepare periodic reports as requested by the regulators such as EXPRPO, etc.

Qualifications

• A Bachelor’s degree in Engineering, Business, Economics, Finance, or Accounting, MBA is a plus
• 6 - 10 Years of professional experience within the following areas:
  • Capital Projects, including Planning, Financing, Execution, and Reporting
  • Financial and Spend Analysis
  • Government Procurement Cycle
  • Previous consulting experience in Big- 4 firms is a must.
• Strong understanding of EXPRO regulations.
• Strong understanding of the Saudi General Procurement and Tenders Law (GTPL)
• Relevant professional certificates are a plus (PMP, Value Engineering certificates: CVS, VMA, Financial Modelling, Better Business Cases- Foundation/ Practitioner, etc)
• Experience in managing proposal writing efforts, participating in pitches for consulting work
• Excellent communication skills (verbal and written). Arabic speaking is mandatory, fluency in English
• Have a strong Microsoft suite skillset.

What we offer

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive rewards package includes support for flexible working and career development, in addition to:

• Support and coaching from some of the most engaging colleagues around.
• Opportunities to develop new skills and progress your career.
• The freedom and flexibility to handle your role in a way that is right for you.

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.