FP&A - Executive Director

Saudi Petroleum Services Polytechnic; Saudi Arabia; On-site; SAR 250,000 - 300,000; Full time

Job summary

A leading company in Saudi Arabia is seeking an Executive Director for Financial Planning & Performance Management. This role involves overseeing financial planning, managing budgets, and ensuring compliance with organizational standards. The ideal candidate will have extensive experience in finance and management accounting, with a strong focus on strategic financial planning.

Qualifications

• 15+ years’ experience in a similar role with a real estate, construction, sovereign wealth fund, or investments company.
• Knowledge of Financial & Management Accounting and Planning.

Responsibilities

• Oversee financial planning and performance management activities.
• Review and confirm budgets aligned with business and financial models.
• Maintain financial planning, budgeting, forecasting policies.

Skills

Financial Planning

Performance Management

Budgeting

Management Reporting

Education

Bachelor degree in management accounting and/or Finance

Finance/Accounting certifications/qualification (CA, CPA, CIMA, CMA, ACCA, or similar)

Tools

SAP

BI

EPM tools

Job description

OVERVIEW

NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.

As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.

As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change.

Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you!

ROLE OVERVIEW

Responsible for overseeing the financial planning and performance management activities for regions with effective support on business and financial modelling for annual budget processes and monitoring performance.

REQUIREMENTS SUMMARY

• Adherence to FP&A policies, procedures and timelines
• Effective Budget controls and transparency of variance reporting
• Ability and availability of financial model, and analysis for critical and timely decision making

ROLE COMPETENCIES & ACTIVITIES

The Executive Director – Financial Planning & Performance Management (FPPM) responsibilities will include, but not be limited to:

Visionary Change Maker

• Review and confirm the short term budgets are aligned with medium and long-term business and financial models for regions.
• Review the strategic long-term financial plans and ensure that the strategic financial plan matches with the implementation plans
• Assess and review the performance from regions and provide views and recommendations on returns analysis
• Contribute to the commercial and financial due diligence activities from an industry and geographic perspective and share recommendations for improvements
• Maintain and enhance financial planning, budgeting, forecasting, management reporting and analysis policies, processes and calendars in line with overall NEOM Group policies and timelines
• Manage the development and implementation of departmental policies, systems, internal framework, processes, and procedures to ensure compliance with regulatory and organizational requirements and standards
• Keep abreast of emerging trends and technology in FP&A space and provide expert input to regions for improvement in effectiveness and efficiency of the function and its accelerators

Future of Humanity Shaper

• Maintain a close relationship with regional management of NEOM

Team Success Builder

• Oversee and represent the regional FPPM director’s performance including direct and indirect reports, workforce requirements, recruitment, training & development in coordination with the HR department to ensure competent talent that enables the department to achieve its objectives

Enterprise Mindset Owner

• Cascade strategic plans to the financial budgets across the regions to ensure overall plans match with the IRR and returns expectations
• Liaise and support Financial Reporting & Control and Transformation Executive Director in the designing and execution of initiatives and transformation programs in contemplation of aligning the company with its business strategy and vision

Culture and Values

• Embrace NEOM’s culture and Values https://www.neom.com/en-us/about
• Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM’s Code of Conduct.
• Maintain fair, ethical and professional work practices in accordance with NEOM’s Values and Code of Conduct.

EXPERIENCE & QUALIFICATIONS

Knowledge, Skills and Experience

• 15+ years’ experience in a similar role with a real estate, construction, sovereign wealth fund, or investments company
• Knowledge of Financial & Management Accounting
• Knowledge of Planning, Budgeting and Management Reporting
• Knowledge of Financial and Management Consolidation
• Knowledge of SAP, BI and EPM tools is a plus

Qualifications

• Bachelor degree in management accounting and/or Finance
• Finance/Accounting certifications/qualification (CA, CPA, CIMA, CMA, ACCA, or similar)