Senior Director - FP&A - Development (CORS 245)

Qiddiya Investment Company; Saudi Arabia; On-site; SAR 562,000 - 938,000; Full time

Job summary

A major investment firm is seeking a Sr Director of FP&A to focus on financial oversight of development projects in Saudi Arabia. Responsibilities include leading capital project oversight, preparing management presentations, and mentoring teams. The ideal candidate will possess a bachelor's degree in finance or business management, extensive FP&A experience, and demonstrate excellence in stakeholder management and data analysis. Competitive compensation and benefits are offered in this pivotal leadership position.

Qualifications

• 15 years of overall experience in the finance function.
• More than 5 years of comprehensive FP&A experience.
• Over 5 years in senior leadership positions.

Responsibilities

• Lead financial oversight of capital projects, ensuring budget alignment.
• Prepare management packs and executive presentations.
• Analyze project risks and opportunities within financial forecasts.

Skills

Financial oversight

Stakeholder management

Risk management

Data interpretation

Project management

Automation/AI/ML

Performance analysis

Education

Bachelor's degree in finance or business management

Master's degree

Professional certifications (CPA, CA, ACCA, MBA)

Tools

Primavera P6

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 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 a roadmap for automation/AI/ML, etc.

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 a 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 the development vertical.

Qualifications

• A bachelor’s degree in finance or business management (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.
• More than 5 years of comprehensive FP&A experience.
• 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.
• Experience in master development, construction, infrastructure, real estate, or similar industries.
• Alternatively, over 10 years of experience in large multinational corporations with annual revenues, capital expenditures, or operational expenditures exceeding USD 2 billion, 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.