Overview
Job Title/ Position
Director – Strategic Finance – Hotel Development
Job Code
Job Level/ Grade
Director
Type of Position
Full time
Reports to
Executive Director – Strategic Finance
Direct Reports
Senior Manager – Strategic Finance – Departments
Division
Finance
Department
Strategic Finance – Corporate Finance
Job Location
NEOM Office
Role Purpose
- Responsible for effective management of the budgeting and performance reporting support for all NEOM Departments and initiatives to incubation breakouts from NEOM group
Performance Measures (KPIs)
- Adherence to FP&A policies, procedures and timelines
- Effective Budget controls and transparency of variance reporting
- Ideal use of budgets allocated and minimal budget changes
- Ability and availability of management reporting packs for critical and timely decision making
Key Accountabilities & Activities
Key Responsibilities
- Maintain relationships with NEOM departments to drive the FP&A activities for subsidiaries
- Review and affirm alignment with strategy and lead the preparation of departmental performance through management reporting packs
- Embed the financial metrics in financial strategic planning process for departments
- Review the results of financial analysis activities and its alignment with financial strategic orientation for planning & budgeting
- Lead the role for becoming center of excellence on group wide finance issues originating from departments
- Provide active support for any departmental groups to break out into incubation stage
- Execute activities in line with Group Financial Planning, Budgeting, Forecasting, Management Reporting and Analysis policies, processes and calendars and recommend updates as required
- Keep abreast of emerging trends and technology in FP&A space and provide expert inputs to subsidiaries for improvement in effectiveness and efficiency of the function and its accelerators
- Work closely with FRC department directors to ensure FP&A activities are conducted in line with accounting standards and alignment with financial controls and timelines for financial close, consolidation and reporting
- Liaise and support Transformation Executive Director in the designing and execution of initiatives and transformation programs
Background, Skills & Qualifications
Knowledge, Skills, and Experience
- 15 or more years’ experience in a similar role with a real estate, construction, sovereign wealth fund, or investments company
- Extensive knowledge in Financial & Management Accounting
- Extensive knowledge in Planning, Budgeting and & Management Reporting
- Extensive Knowledge of Financial and Management Consolidation
- Knowledge of BI and EPM tools
Qualifications
- Post-graduation degree/diploma or equivalent in management accounting and/or Finance
- Finance/Accounting certifications/qualification (CA, CPA, CIMA, CMA, ACCA, or similar)
MAIN CONTACTS
Internal
External
- Strategic Finance Executive Director
- Strategic Finance team members
- Other employees across NEOM
- Regulatory & Governing bodies
- Consultants/Advisors
- Public Investment Fund / Other stakeholders
- Ministry of Finance
- External auditor