Senior Manager - Budgeting, Planning & Financial Analysis

Qiddiya Investment Company

1 . Budgeting & Forecasting

• Lead annual, multi-year, and rolling budget processes across assets and BUs, covering pre-development, construction and delivery phases
• Establish and maintain TDC baselines, reforecasts, and cash-flow projections, incorporating construction progress and procurement strategies
• Implement driver-based budgeting models linking scope, program, procurement, and construction productivity drivers to outcomes
• Own budget phasing aligned with construction programs to support funding plans, cash calls, and liquidity management
• Align budgets and forecasts with funding strategies (equity, debt, drawdowns, covenants)

2. Project Accounting & Financial Control

• Process and control project accounting transactions in SAP (in coordination with Finance) & PRISM, including budget uploads, budget transfers, commitment creation, accrual postings, and cost allocations
• Maintain commitment and actuals tracking at project, package, and contract level, ensuring timely and accurate capture of construction costs
• Monitor forecast-to-complete (FTC) and update projections based on certified quantities, executed variations and procurement commitments
• Track and record TDC movements, including approved budget changes, reallocations and cumulative impact of variation orders and claims
• Record and monitor contingency, inflation and risk drawdowns, ensuring approvals are obtained and reflected correctly in systems
• Perform monthly reconciliations between budgets, commitments, actuals, and cash flow, investigating and resolving variances
• Maintain complete audit trails for all budget changes, approvals and re-baselining actions in line with governance requirements
• Support internal and external audits by providing transaction-level support, reconciliations and documentation
• Ensure compliance with financial policies, approval matrices and delegations of authority related to construction and development spend

3 . Planning & Decision Support

• Support asset feasibility and development-stage business planning, ensuring assumptions on construction cost, revenue, program and lifecycle are realistic and aligned with financial strategy
• Lead option analysis (phasing, packaging, procurement strategy, acceleration/deceleration), quantifying financial trade-offs across development and construction stages
• Develop scenario and stress-testing models to assess impacts of inflation, delays, constructability risks, funding constraints and scope changes
• Support stage-gate financial readiness reviews, ensuring affordability, funding, constructability and risk impacts are clearly articulated
• Partner with Development, Construction, and PMO teams to translate master programs into financially phased plans

4. Reporting & Insights

• Deliver consolidated BU-level financial and non-financial reporting across development and construction, including:
• TDC baseline vs forecast vs actual
• Construction cost and progress variance analysis
• Funding availed vs required
• Cash-flow projections
• Commitments, risks, and opportunities
• Design and deliver management, ExCo, and Board dashboards with clear construction and development narratives
• Embed early-warning indicators (cost overruns, program slippage, cash pressure)
• Ensure reporting supports delivery and investment decisions, not just compliance

5. Risk & Governance (Coordination Model)

• Coordinate closely with the central Risk team, ensuring:
• Consistent risk taxonomy and scoring
• Alignment with ERM frameworks
• Clear ownership between DFA, Risk, Development, PMO, and Construction
• Integrate construction and development risk impacts into budgets, forecasts, and dashboards
• Participate in joint risk reviews and stage-gate forums
• Support governance committees with quantified financial impacts of construction and delivery risks

6. Systems, Data & Transformation

• Act as DFA lead for SAP and PRISM across construction budgeting, project accounting, and reporting
• Drive automation of budget vs forecast vs actual reporting, eliminating spreadsheet-heavy construction cost tracking
• Ensure seamless integration between:
• SAP (actuals, commitments, accruals)
• Construction cost systems (e.g. Unifier or equivalent)
• PRISM dashboards
• Define and maintain construction-ready data models, master data standards and reporting hierarchies (WBS, CBS, asset, BU)
• Lead adoption of standard templates, workflows, and system-based controls
• Partner with Finance, IT, CDU, DMO, and Construction teams on continuous improvement of DFA systems and analytics capability