Director - Development Financial Planning and Analysis (CORS 245)

Qiddiya Investment Company 1; Riyadh; On-site; SAR 900,000 - 1,500,000; Full time

Job summary

Qiddiya Investment Company is seeking a Sr Director FP&A – Development to lead financial oversight of capital projects, manage budgeting and reporting, and drive data-driven decision support for senior leadership.

You will own management packs, BoD decks, and executive dashboards while ensuring data integrity across project and accounting systems and guiding the team toward automation and improved controls.

Qualifications

• 15 years of overall experience in finance with notable progression
• 5+ years in FP&A
• 5+ years in senior leadership with C-level/Board interaction
• Experience in master development/construction/real estate or large multinationals (>USD 2B capex/opex)
• Regional or Big 4/Tier 1 consultancy exposure preferred

Responsibilities

• Lead financial oversight of capital projects ensuring alignment with budget, schedule, and scope
• Prepare management packs, BoD decks, and executive presentations
• Translate complex financial data into clear, structured materials for senior leadership
• Track contingency utilization, provisional sum utilization, and contractor claims
• Ensure seamless integration between project and accounting systems and reconcile issues monthly
• Identify project risks & opportunities and integrate into forecasts
• Build data structures and scenario models for planning and forecasting
• Standardize reporting frameworks including KPIs and executive logs
• Collaborate with FP&A, accounting, treasury for data integrity
• Mentor the team and drive automation of reporting and consolidation processes

Skills

Finance leadership

FP&A expertise

Stakeholder management

Management reporting

Data interpretation

Education

Bachelor’s degree in finance or business management

Master’s degree preferred

CPA/CA/ACCA/MBA

Tools

Primavera P6

ERP/Project accounting systems

Job description

The Sr Director FP&A – Development will serve as the backbone of Qiddiya’s FP&A function focusing on Financial Oversight of development projects, project schedule & risk management, interpretation of data from relevant systems & tools, implementation of tools & technology, governance over variations and claims, stakeholder management, managing and challenging budgets, deep insights over variance and maintain action plans for course correction, driving excellence in management reporting, ensuring financial discipline, transparency and controls, integrity of data between accounting and project systems, enabling roadmap for automation/AI/ML, etc. This role is responsible for producing high-quality management packs, board decks, budget submissions, comprehensive action trackers for various development projects and deliver accurate, actionable insights to senior leadership.

Responsibilities

• Lead financial oversight of capital projects, ensuring alignment with budget, schedule, and scope
• Own the preparation of management packs, BoD decks, and executive management presentations
• Translate complex financial data into clear, structured, and visually compelling materials for senior leadership.
• Confirm and track Contingency Utilization and Releases across projects. Review and assess Provisional Sum Utilization requests.
• Review and validate Unapproved Variations, EOT/EOTC, and Contractor Claims
• Ensure seamless system integration between Project and Accounting Systems and track and close reconciliation issues on monthly basis.
• Identify and analyze Project Schedule Changes using Primavera P6. Proactively identify Project Risks & Opportunities, integrating them into financial forecasts
• Build and maintain robust data structures and scenario models to support planning, forecasting, and strategic decision-making for Development.
• Standardize and enhance reporting frameworks, including KPIs, action trackers, and executive logs for Development.
• Collaborate closely with internal FP&A teams, accounting, treasury, and other finance functions to ensure data integrity and process alignment.
• Mentor and lead the team, instilling consulting-style rigor, accuracy, and continuous improvement.
• Drive continuous improvement initiatives by identifying opportunities to automate reporting, streamline consolidation processes, and enhance overall FP&A efficiency for Development vertical

Requirements

• A bachelor’s degree in finance or business management is essential, while a master’s degree is an advantage.
• Possession of professional certifications such as CPA, CA, ACCA, or MBA is required.
• 15 years of overall experience with a noteworthy progression in the Finance Function is necessary.
• More than 5 years of comprehensive FP&A experience is essential.
• Over 5 years in senior leadership positions with a demonstrated capability in stakeholder management, engagement with C-Level executives or Board Members, management reporting, financial consolidation, performance analysis, finance transformation, automation, and related areas is required.
• Experience in master development, construction, infrastructure, real estate, or similar industries is mandatory. Alternatively, over 10 years of experience in large multinational corporations (with annual revenues, capital expenditures, or operational expenditures exceeding USD 2 billion) is required, showcasing a progressive career marked by high performance.
• Regional experience is highly preferred.
• Experience with Big 4 or Tier 1 consultancy firms is strongly preferred