Project Finance Manager

SAS Global Consultants; Jeddah; On-site; SAR 90,000 - 130,000; Full time

Job summary

A leading consulting firm in Saudi Arabia is seeking a dynamic Project Finance Manager to oversee the financial control and P&L of critical projects. The role involves collaborating with senior management to ensure projects exceed financial and operational expectations while complying with international standards.

Benefits

Medical insurance

Flights

Paid annual leave

Qualifications

• 8-10 years of experience in project finance, ideally in construction or infrastructure.
• Experience in international projects is a plus.

Responsibilities

• Lead financial oversight and control of the project.
• Monitor project cost performance and implement corrective actions.
• Develop financial models and forecasts to support decision-making.

Skills

Cost control

Financial risk assessment

Analytical skills

Communication skills

Education

Degree in Finance, Accounting, Economics, or related field

Professional certification (CPA, CMA, CFA)

Tools

Project financial software

Reporting tools

Job description

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Salary: TBC

Benefits:Medical insurance, Flights& paid annual leave

Job Summary

Our client is seeking a dynamic Project Finance Manager to lead the P&L and budgets for the project, sat alongside the Commercial Director and Project Director to ensure the project is on time, on budget, and beyond expectations.

Key Responsibilities:

• Lead the financial oversight and control of the project, ensuring alignment with overall budgetary goals.
• Monitor project cost performance, identifying variances and implementing corrective actions swiftly and decisively.
• Develop and maintain comprehensive financial models, forecasts, and reporting systems to support project decision-making.
• Coordinate with procurement, site teams, and corporate finance to optimise cash flow and mitigate financial risk.

• Ensure adherence to international accounting standards and compliance with local regulatory frameworks.
• Provide strategic input during contract negotiations and change order evaluations, safeguarding project value.

Ideal Candidate:

• Degree in Finance, Accounting, Economics, or related field; professional certification (CPA, CMA, CFA, or equivalent) preferred.
• Minimum 8–10 years of progressive experience in project finance, ideally within large-scale construction or infrastructure projects.
• Solid understanding of cost control, earned value management, and financial risk assessment.
• Proficient in project financial software and reporting tools.
• Detail-oriented with exceptional analytical and communication skills.
• Experience working in the Middle East or on major international developments is a strong advantage.

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