Senior Manager - Development Financial Analysis

About the Role

Qiddiya Investment Company is searching for a highly skilled Senior Manager focused on Development Financial Analysis. This key position is integral in driving the financial evaluation and success of development projects aimed at enhancing entertainment and cultural experiences across Saudi Arabia.

Key Responsibilities

• Responsible for consolidating and scrutinizing the monthly performance metrics for all projects in the portfolio.
• Monitor essential portfolio KPIs including Internal Rate of Return (IRR), Return on Equity (ROE), profit margins, and cash flows to track financial health.
• Perform detailed project-level comparative and trend analyses to identify top and underperforming projects within the portfolio.
• Develop and update portfolio dashboards that provide real-time or near real-time financial and performance data.
• Manage and maintain comprehensive business plans for the entire project portfolio, ensuring plans are regularly updated using actual results and revised forecasts.
• Conduct variance analyses comparing original business plans, updated forecasts, and actuals at different project stages.
• Review and challenge profit and loss assumptions including revenue and profitability projections.
• Execute scenario and sensitivity analyses across all business plans to assess potential impacts.
• Prepare consolidated business plans for the portfolio and present these for approvals at various project stage gates.
• Carry out post-completion reviews comparing final outcomes against initial and revised plans.
• Maintain strict control over business plan versions and assumptions documentation.
• Act as the primary liaison for communicating financial and performance data between the portfolio and all relevant internal and external stakeholders.
• Deliver presentations and memos of business plans to senior executive leadership.
• Support strategic decision-making by preparing "what-if" analyses and pinpointing value-generating opportunities across the project portfolio.
• Participate actively in the company’s annual strategic planning and budgeting activities.
• Develop and maintain a repository of lessons learned from completed projects to inform future initiatives.
• Standardize and enforce financial reporting processes, templates, and Standard Operating Procedures (SOPs).
• Manage the reporting schedule to ensure timely delivery of all financial analytics and reports.
• Champion automation and technology integration to decrease manual workloads and increase accuracy.
• Enforce data governance to ensure high data quality, validation, and consistent use of single data sources.
• Constantly strive to enhance reporting formats, analytical insights, and overall stakeholder experience.

Qualifications & Skills

• Bachelor's degree in finance, accounting, economics, or a related discipline with a preference for a Master’s degree or professional certifications such as CA, ACCA, or CPA.
• Eight to twelve years of experience in project development, particularly in feasibility analyses and financial modelling, including 2 to 3 years focused on portfolio reporting.
• Advanced expertise in financial modelling using Excel, including dynamic discounted cash flow models, waterfall charts, and sensitivity analysis tables.
• Expert proficiency in data visualization tools such as Power BI, Tableau, or equivalents to develop executive-level dashboards.
• High-level skills in creating impactful PowerPoint presentations tailored for executive reporting purposes.