Job Description

Roles & Responsibilities

Lead the preparation, consolidation, and periodic update of project and development budgets, ensuring alignment with approved business cases, stage gate approvals, and governance requirements.

Monitor and control budget utilisation across development projects, identifying risks, variances, and emerging cost pressures, and proactively recommending corrective actions.

Own periodic forecasting (quarterly / monthly outlooks), coordinating inputs from Development, Cost Controls, and Finance to ensure forecasts are realistic, evidence based, and decision ready.

Implement and enforce budget checks and financial validations for procurement activities, including commitment control, purchase requisitions, contract awards, and variations, ensuring spend remains within approved limits.

Act as a primary financial interface between Development and Finance, ensuring alignment on budgets, forecasts, accruals, capitalisation principles, and financial interpretations.

Ensure work performed reporting from development and cost control systems is fully reconciled with SAP financials, addressing timing differences, accruals, and classification issues to maintain a single, trusted version of financial truth.

Review and challenge cost reporting, progress measurement, and financial assumptions, ensuring that reported performance accurately reflects underlying commercial and financial reality.

Provide clear financial insights and commentary to senior management, supporting informed decision making on project performance, risks, and forward outlook.

Lead and contribute to ad hoc financial analysis as required, including deep dives on variances, scenario analysis, what if assessments, budget optimisation exercises, and management requests.

Support continuous improvement of financial management processes, controls, and reporting frameworks, strengthening governance, transparency, and audit readiness across the development lifecycle.

Collaborate closely with Cost Controls, Procurement, FP&A, and Project Teams to ensure consistent application of financial policies, controls, and reporting standards.

Desired Candidate Profile

The ideal candidate will have a strong background with a real estate developer, master developer, or large capital development organization, with hands on experience in Development Finance, Project Finance, or Corporate / Commercial Finance. The role requires practical exposure to managing development budgets, forecasts, and financial controls across complex, multi project environments, ideally spanning planning through execution phases of the development lifecycle.

The candidate should demonstrate a strong ability to work at the interface of Development and Finance, translating development activities, cost drivers, and progress into robust financial reporting and controls. Experience aligning management reporting with ERP financial systems, supporting governance and capital approval processes, and operating within large, matrixed organizations is highly valued, with exposure to major development or giga project environments considered an advantage.

Senior Manager - Financial Management Qiddiya Investment Company