Assistant Manager - Commercial Finance (COR 314)

Overview

Join Qiddiya Investment Company as an Assistant Manager - Commercial Finance and become a vital member of our dynamic team focused on reshaping the landscape of entertainment and leisure in Saudi Arabia. In this role, you will be responsible for supporting the financial management and commercial decision-making processes that drive profitability and enhance operational efficiency.

Your analytical skills and financial expertise will directly contribute to the success of our projects and initiatives.

Responsibilities

• Support the validation of inputs from Development on the overall feasibility study and business plan to determine investment attractiveness and the ability to achieve targeted returns.


• Provide support to relevant stakeholders during the investment phase and assist them in analyzing business proposals to identify the best business models for potential investments in coordination with the Financial Analysis team.


• Monitor the investment during its lifecycle and identify the impact of potential changes on the originally approved investment plan, i.e., increase/decrease in CapEx/OpEx, changes in IRR, and effects of slow or delayed projects on key elements; suggest risk management measures.


• Help identify Qiddiya's economic value creation and benefits related to the investment projects.


• Comply with the investment governance processes and guidelines to ensure standardized project rollout across Qiddiya.


• Assist in the development of a long-term investment plan that will support Qiddiya in achieving its desired objectives.


• Assist in the evaluation and monitoring of projects/investments performance to maximize return on investment.


• Review cash inflows/outflows and determine the optimum funding structure/route of funding (internal or external) in collaboration with the Finance team.


• Review contracts and other documents to ensure the financial terms are in compliance with Qiddiya standards, investment analysis, and the approved budget.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field


• Minimum of 4-6 years of experience in commercial finance or financial analysis


• Strong analytical skills with a high proficiency in financial modeling and forecasting


• Excellent communication and presentation abilities


• Proficient in financial software and advanced Microsoft Excel


• Detail-oriented with strong organizational and time management skills


• Ability to work collaboratively and manage multiple tasks in a fast-paced environment


• Knowledge of the entertainment and leisure industry is a plus

Benefits

Comprehensive benefits package