Economic Development Director

The Royal Commission for AlUla; AlUla; On-site; SAR 150,000 - 250,000; Full time

Job summary

A leading organization in AlUla is seeking an Economic Development Director to oversee initiatives aimed at enhancing the local economy through non-tourism sectors. The ideal candidate will bring a minimum of 10 years of experience, with proven leadership abilities and strategic thinking to effectively drive growth and community engagement.

Qualifications

• 10 years of relevant experience with 5 years in a managerial role.
• Proficiency in Arabic & English.

Responsibilities

• Lead planning and execution of projects targeting economic development.
• Develop departmental strategy, objectives, KPIs, and budgets.
• Ensure performance management and community engagement in initiatives.

Skills

Excellent communication skills

Time management

Decision-making ability

Strategic Thinking

Education

Bachelor's Degree in Economic, Business Administration, Finance, or related field

Master's Degree (preferred)

Job description

Job Purpose
Oversee the planning, activation, development, and execution of all projects and programs aimed at enhancing AlUla s economy by activating non-tourism sectors. The goal is to achieve higher standards of living, drive economic growth, create employment opportunities, and establish new MSMEs.
Key Accountabilities
Functional Responsibilities
• Lead the planning, activation, development, and execution of projects and programs targeting economic development through non-tourism sectors.
• Develop policies, strategic plans, and concepts to establish and regulate economic development sectors in AlUla, ensuring proper sector development and funding strategies.
• Monitor the execution and delivery of programs and projects in collaboration with the Development and Construction team, ensuring adherence to plans and budgets.
• Oversee pre-feasibility studies and analyses, and identify potential investment opportunities in collaboration with the Investment team.
• Define financial and budgeting controls to be adopted in planning economic development initiatives.
• Supervise the implementation of project plans aimed at driving economic growth across AlUla County.
• Maintain ongoing engagement with the local AlUla community to ensure high levels of participation in economic development initiatives.
Managerial Responsibilities
• Contribute to the sector s short- and long-term strategy from the department s perspective, in alignment with RCU s overall vision and mission.
• Develop the department s strategy, objectives, KPIs, and annual operational plans, ensuring execution aligns with targets.
• Prepare and submit the department s annual budget, considering all planned activities and required investments, and monitor financial performance.
• Oversee the development, implementation, and adherence to departmental policies and procedures.
• Ensure overall performance management, including the development, cascading, communication, and monitoring of KPIs.
• Ensure effective staffing, professional development, and deployment of staff of the sector in consultation with the Sector Executive.
• Direct the Department's connection to its customers, whether internal or external, to ensure customer needs are met effectively.
Job Requirements
Academic Qualifications Bachelor s Degree in Economic, Business Administration, Finance, Or a related field. (Master s Degree preferred) Work Experience 10 years of relevant experience with 5 years in a managerial role. Other Requirements
Written and Oral proficiency of Arabic & English languages.
Excellent communication skills.
Time management and organization skills.
Familiarity with standards, regulations, best practices, and performance standards.
Maintains a high standard of professionalism, presentation, personal integrity, and customer support.
Decision-making ability and leadership skills.
Strategic Thinking.

Company Industry

• Travel
• Tourism

Department / Functional Area

• Corporate Planning
• Consulting
• M&A

Keywords

• Economic Development Director

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