Director – Financial & Contract Management

Position Objective:

• Lead the financial planning, budgeting, and contract management activities within the Operations Sector.
• Ensure effective allocation, utilization, and control of operational budgets.
• Oversee the development and execution of contracts, ensuring compliance with financial and operational policies.
• Monitor vendor and contractor performance to ensure adherence to agreed terms, budgets, and timelines.
• Develop and implement strategies to enhance financial efficiency and optimize resource utilization.
• Conduct financial analysis and risk assessments to support decision-making and improve performance outcomes.
• Ensure timely and accurate financial reporting, cost control, and accountability across operations.
• Build and maintain strong relationships with internal stakeholders and external vendors for effective coordination.
• Provide leadership and direction to the Financial & Contract Management team to achieve departmental and organizational goals.
• Drive continuous improvement initiatives to strengthen financial governance and contract management practices.

Job Description & Responsibilities:

• Develop and implement financial and contract management strategies aligned with operational and organizational objectives.
• Provide direction and leadership to the Financial & Contract Management Department to ensure high performance and continuous improvement.
• Contribute to operational planning, driving efficiency, transparency, and accountability across all financial and contractual activities.
• Lead preparation, management, and monitoring of budgets for the Operations Sector.
• Coordinate with finance teams to secure approvals, track utilization, and ensure adherence to budgetary controls.
• Review budget variances, financial forecasts, and performance reports; recommend corrective actions to meet financial targets.
• Ensure cost allocation and reporting processes comply with established accounting standards and internal policies.
• Conduct financial performance analysis, P&L reviews, and cost optimization assessments.
• Identify financial risks within operations and propose mitigation strategies.
• Develop financial models and reports to support strategic decisions and operational planning.
• Oversee drafting, evaluation, and execution of all operational contracts, ensuring compliance with policies and regulations.
• Ensure contracts are technically and financially sound, reflecting agreed terms and service levels.
• Coordinate with procurement and legal teams on negotiations, contract renewals, and dispute resolutions.
• Supervise vendor selection, evaluation, and performance monitoring to ensure quality and cost-effectiveness.
• Maintain strong relationships with suppliers and contractors to achieve service excellence.
• Approve payments, manage financial penalties, and oversee contract closures in alignment with agreed deliverables.
• Ensure accurate documentation and timely reporting of all financial and contractual data.
• Provide periodic financial and operational expenditure reports to management.
• Support data-driven decision-making by maintaining up-to-date records and performance dashboards.
• Review existing systems and processes to identify improvement opportunities.
• Implement new tools or practices to enhance financial efficiency and control.
• Promote knowledge sharing and training initiatives to strengthen team capability.
• Define team objectives, KPIs, and development plans aligned with departmental goals.
• Manage recruitment, performance appraisals, and employee engagement activities.
• Coach, mentor, and motivate staff to foster accountability, growth, and collaboration.
• Ensure full compliance with internal policies, audit requirements, and financial governance standards.
• Maintain integrity and transparency across all financial and contract management operations.
• Collaborate with internal teams (Finance, Procurement, Operations) for budget control, vendor evaluation, and performance reviews.
• Liaise with external vendors and contractors to monitor execution and resolve operational issues.

Qualifications & Experience:

• Bachelor’s/Master's degree in Engineering, Business Administration, or an equivalent field is required.
• Certification in Advanced Financial Planning and Management (CFA) or any other equivalent financial certification. Additional training in Contract Management, Procurement, or Risk Management is an advantage.
• Minimum of 12+ years of relevant experience, with at least 5–6 years in a leadership or managerial role.
• Proven experience in budgeting, financial planning, and contract management within a large or complex organization.
• Demonstrated expertise in financial control, cost analysis, and budget optimization
• Strong background in vendor and contract management, including drafting, evaluation, and negotiation.
• Experience coordinating with multiple internal and external stakeholders to ensure compliance and operational efficiency.
• Strong analytical, organizational, and problem-solving skills.
• Excellent planning, budgeting, and negotiation capabilities.
• Solid understanding of financial modeling, risk assessment, and cost allocation methodologies.
• Ability to manage multiple projects and priorities in a fast-paced environment.
• Proficiency in financial management systems and Microsoft Office Suite (Excel, PowerPoint, Word).
• Bilingual proficiency in English and Arabic (written and spoken) is required