Key Responsibilities:
- 1. Strategic Financial Leadership:
- Lead financial planning and strategic analysis for sports, performing arts, and cultural initiatives, ensuring alignment with Qiddiya s vision and goals.
- Develop and implement business finance strategies that effectively support operational needs while maximizing ROI across diverse projects.
- Act as a trusted financial advisor to the executive team, offering insights and recommendations based on rigorous financial analysis.
2. Budget Management & Oversight:
- Direct budgeting processes for the sports and arts portfolio, ensuring effective allocation of financial resources to achieve company objectives.
- Implement fiscal controls and performance metrics that provide actionable insights into financial health and operational efficiency.
- Monitor financial performance against budgets, providing timely variance analysis and reporting to senior management.
3. Financial Reporting & Compliance:
- Oversee the preparation and presentation of financial reports, ensuring accuracy and compliance with relevant financial regulations and standards.
- Implement best practices in financial governance, ensuring adherence to internal policies and external regulations.
- Coordinate with auditors and provide necessary documentation for financial audits and assessments.
4. Risk Assessment & Mitigation:
- Identify and analyze financial risks related to business finance in arts, culture, and sports, formulating strategies to mitigate these risks.
- Develop and implement risk management policies to protect organizational assets and ensure financial integrity.
- Collaborate with legal and compliance teams to ensure full adherence to applicable laws and regulations.
5. Team Leadership & Development:
- Lead a team of finance professionals, fostering a culture of accountability, collaboration, and continuous improvement.
- Set clear objectives and performance benchmarks for the team, ensuring alignment with organizational goals.
- Encourage professional growth and development through mentoring, training, and leadership opportunities.
6. Stakeholder Engagement:
- Develop and maintain strong relationships with internal and external stakeholders, including government entities, partners, and community organizations.
- Communicate financial strategies and results clearly to diverse audiences, ensuring transparency and understanding.
- Support stakeholder engagement initiatives that promote collaboration and strategic partnerships for project success.
Qualifications & Skills:
- Education: Bachelor s degree in Finance, Accounting, Business Administration, or related field; MBA or other relevant advanced degree preferred.
- Certifications: CPA, CFA, or equivalent relevant certification greatly beneficial.
- Experience: Minimum of 15 years in senior finance roles, with a focus on business finance within the sports, arts, and culture sectors.
- Expertise: Proven experience in financial management, budgeting, financial analysis, and reporting, with knowledge of the unique finance needs of the arts and culture sectors.
- Strategic Acumen: Ability to develop long-term financial strategies that align with organizational missions and operational goals.
- Leadership: Strong leadership qualities, with demonstrated experience in building and guiding high-performance finance teams.
- Communication: Excellent verbal and written communication skills, capable of engaging and influencing a wide range of stakeholders.
- Technological Proficiency: Familiarity with financial software, ERP systems, and data analysis tools relevant to financial reporting and analysis.
Required Competencies:
- Strategic Orientation: Ability to align financial strategies with broader organizational goals.
- Analytical Mindset: Strong analytical capabilities with attention to detail in financial documents and budgetary management.
- Collaborative Approach: Proven ability to collaborate across teams and departments for cohesive financial strategy implementation.
- Innovative Thinking: Enthusiasm for innovative financial solutions that support creative projects and initiatives.
- Results Focus: Demonstrated track record of delivering results and achieving financial targets in complex environments.