Senior Director - Cost Reporting & Controls - 20004847. CDU3

Qiddiya is Saudi Arabia’s future capital of entertainment, sports, and culture — a 360 km² mega-project just outside Riyadh. From F1-grade racetracks and theme parks to stadiums and performance venues, we’re creating a destination like no other. This is more than a project, it’s a national transformation. As construction accelerates, we’re hiring ambitious talent to help shape it. If you’re driven by scale, impact, and the chance to build something iconic from the ground up, Qiddiya is calling for you.

General Summary:

The Senior Director – Cost Reporting & Controls provides Qiddiya-wide leadership over cost reporting, governance, and internal controls. The role ensures accurate, timely, and decision-ready cost and performance information for Executive Management and the Board, while strengthening cost discipline, transparency, and financial governance across all projects and business units.

Key Responsibilities:

Strategic Leadership in Cost Controls

• Develop and implement a comprehensive cost reporting and control strategy for Qiddiya, ensuring alignment with organizational goals and governance frameworks.

• Serve as the principal authority on cost transparency, performance monitoring, and financial accountability.

Standardization & Reporting Frameworks

• Create standardized methodologies for cost reporting, including templates, KPIs, and dashboards applicable to all projects and programs.

• Guarantee the uniform application of reporting standards throughout Qiddiya.

Periodic & Board-Level Reporting

• Deliver timely, precise, and insightful monthly, quarterly, and annual reports on cost and performance for Executive Leadership and Board Committees.

• Provide comprehensive executive commentary, trend analysis, and forward-looking insights.

Data Integrity, Systems & Compliance

• Implement strong validation and reconciliation processes across systems, including SAP, PRISM, Unifier, and BI tools.

• Ensure adherence to audit requirements, internal policies, and governance standards.

Internal Controls, Audit & Policy Oversight

• Design, execute, and regularly evaluate a robust internal control framework for cost reporting processes.

• Serve as the senior stakeholder for internal audits and oversee the remediation of identified control deficiencies.

Governance & Performance Monitoring

• Conduct monthly reviews of cost performance.

• Ensure the timely escalation of variances, risks, and issues, alongside proactive recommendations to Committees.

Stakeholder Engagement & Leadership Interface

• Act as the primary point of contact with Executive Leadership and cross-functional stakeholders.

• Influence strategic decisions by leveraging insights from cost performance.

Talent Management & Organizational Development

• Lead workforce planning, recruitment, and development initiatives for cost reporting and control teams.

• Foster strong analytical and governance capabilities within the organization.

Continuous Improvement & Innovation

• Advocate for automation, advanced analytics, and the integration of innovative technologies.

• Collaborate with IT and Digital teams to establish a single source of truth and enhance cost governance maturity.

Reporting Line

Reports to: Head of CDU Finance and Commercial.

Requirements:
• Minimum of 13 years of experiences.
• Bachelor's degree.
• Strong negotiation and contract management skills.
• Excellent leadership and team management capabilities.
• Effective communication and interpersonal skills.