Assistant Manager
7 days ago
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 in the validation of inputs from Development on overall feasibility study and business plan to determine
- investment attractiveness and ability to achieve targeted returns.
- Provide support to relevant stakeholders during the investment phase and assist them in analyzing the business
- proposals to identify 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, effect of slow or delayed projects on key
- elements, suggest on risk management etc..
- Help identify Qiddiya’s economic value creation and benefit related to the investment projects.
- Comply with the investment governance processes and guidelines to ensure standardized projects rollout across
- Qiddiya.
- Assist in the development of 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 outflow/inflow and determine optimum funding structure/route of funding (internal or external) in
- collaboration with the Finance team.
- Review contracts and other documents ensuring the financial terms are in compliance with Qiddiya standard,
- investment analysis and approved budget.
**Requirements**:
- 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
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