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  2. Executive Director - Finance (SPT & Art & Culture)

Executive Director - Finance (SPT & Art & Culture)

Qiddiya Investment Company

RiyadhFull-time

15–17 years of experience

4 months ago

Job description

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.
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