Senior Specialist - Billing and Cost Control
Qiddiya Investment Company · Riyadh
Financial Planning, Budget Management, and Invoicing:
- Lead the preparation and consolidation of annual budgets and forecasts, supporting scope owners in developing budget calculations, assumptions, forecasts, and supporting justifications.
- Monitor budget performance, spending trends, and forecast accuracy.
- Track commitments, accruals, and future financial obligations.
- Maintain accurate budget trackers and prepare financial reports, spend analyses, and management dashboards
- Review and validate vendor invoices, financial claims, and other contract-related payments prior to processing.
Procurement Planning & Governance:
- Coordinate procurement planning activities and ensure requirements align with
- Develop and maintain a procurement plan aligned with business needs, budgets, and timelines.
- Support category strategies and cost-efficiency opportunities to improve the value for money.
- Support the development of strategic partnerships that strengthen creates long-term value and contributes to QIC objectives.
- Support the establishment of a Supplier Relationship Management (SRM) and performance framework
- Develop high-quality Scopes of Work (SoW) that enables the business to succeed
- Ensure compliance with procurement policies, DoA, approval matrices, and Local Content requirements.
- Support technical and commercial evaluations of proposals and recommendations.
- Manage system-based PR, SRO, SES, and related procurement workflows, ensuring accurate processing and complete documentation.
- Monitor contracts utilization, commitments, and expenditure against approved values and budgets.
- Support contract amendments, extensions, renewals, and close-out activities.
Requirements
- Bachelor's degree in industrial engineering, Finance or a related field.
- 3–4 years of relevant experience in Financial Planning & Analysis (FP&A), budgeting and control, procurement, and financial reporting.
- Consulting background is preferred, particularly in procurement or finance
Technical Skills:
- Advanced Microsoft Excel skills and PowerPoint.
- Strong budgeting, forecasting, and financial modeling capabilities.
- Understanding of procurement processes.
- Ability to develop financial reports and interactive dashboards.
- Experience with ERP systems such as SAP, Oracle, or similar platforms.
Core Competencies:
- Financial analysis and business acumen.
- Procurement and commercial awareness.
- Problem-solving and analytical thinking.
- Stakeholder management and communication.
- Problem-solving and analytical thinking.
- Ability to manage multiple priorities in a fast-paced environment.
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