Development Accounting & Commercial Finance Senior Manager

Qiddiya; Riyadh; On-site; SAR 600,000 - 1,200,000; Full time

Job summary

Qiddiya is seeking a senior leader to direct development accounting and commercial finance across major development programs. You will oversee cost accounting, capitalization, budgeting, and forecasting, ensuring rigorous governance and accurate financial reporting for complex infrastructure projects.

The role requires 10–15 years of progressive accounting experience in development or capital projects, with strong leadership and cross-functional collaboration capabilities.

Qualifications

• Bachelor's degree in Accounting, Finance, Economics, Business Administration, or a related field is required.
• Master's degree is preferred for advanced roles.

Responsibilities

• Lead development accounting activities across development projects, portfolios, and capital investment programs.
• Oversee project cost accounting, capitalization processes, expenditure tracking, accruals, reconciliations, and financial reporting activities.
• Manage development budgets, forecasts, commitments, cash flow projections, and financial performance monitoring.
• Review and validate project-related financial transactions, contractor payments, consultant invoices, and capital expenditure allocations.
• Ensure compliance with accounting standards, capitalization policies, financial governance requirements, and internal controls.
• Collaborate with Development, Commercial, Project Delivery, Procurement, Treasury, and Finance teams to ensure financial alignment and reporting accuracy.
• Support business case development, investment evaluations, development feasibility assessments, and financial decision-making processes.
• Monitor project financial risks, funding requirements, cost variances, and forecast changes, recommending corrective actions where necessary.
• Lead month-end, quarter-end, and year-end development accounting activities and reporting requirements.
• Prepare financial reports, executive dashboards, management presentations, and governance submissions related to development performance.
• Coordinate audit activities and ensure the availability of accurate financial records, supporting documentation, and accounting evidence.
• Lead and develop development accounting teams while promoting continuous improvement, automation, and financial best practices.

Skills

Development accounting

Project and capital accounting

Financial reporting

Budgeting and forecasting

Cost management and analysis

Capital expenditure governance

Financial controls and compliance

ERP and financial systems

Stakeholder management

Leadership and team development

Education

Bachelor's degree in Accounting, Finance, Economics, Business Administration, or related field

Master's degree preferred

Job description

Qiddiya is seeking a senior leader to direct development accounting and commercial finance across major development programs. You will oversee cost accounting, capitalization, budgeting, and forecasting, ensuring rigorous governance and accurate financial reporting for complex infrastructure projects.

The role requires 10–15 years of progressive accounting experience in development or capital projects, with strong leadership and cross-functional collaboration capabilities.