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NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations. As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation. As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change. Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you! |
Role Overview
This role is to assist in Strategic Financial Planning for NEOM Authority and collaborate with various Stakeholders to ensure financial plans are established and executed in alignment with the overall approved Authority Strategy, primarily through modelling, analysis and decision-making support.
ROLE COMPETENCIES & ACTIVITIES
The Strategic Financial Planning Manager’s responsibilities will include, but not be limited to:
- Create, own and operate the financial models
- Prepare analysis, and interpret and present outputs
- Prepare Financial Statements (Income Statement, Cashflow Statement, and Balance Sheet), calculate and evaluate KPIs, including IRR, NPV Payback, and various funding / financing structures, PPP modelling etc.
- Analyze financial and accounting information when evaluating transactions.
- Build Analytical models to handle large data sets with especially Excel, Tableau, and/or other relevant specialized tools/programs that can be interpreted convincingly.
- Develop revenue models for government revenues including Tax & Customs
- Development of complex financial and business models (cashflow forecasts, strategic planning tools, business plans, valuation tools.- Maintaining a working knowledge of measurement tools, benchmarks, statistics, and metrics needed to quantify and analyze aspects of deal risk.
- Prepare robust business planning models by applying detailed understanding of commercial practicalities, accounting and finance knowledge, technical ability, quantitative analysis, and logic.
- Prepare financial forecast, scenario modelling and transactions modelling such as valuations and option appraisals.
- Provide financial insight and advisory for strategic decision making
- Update/contribute to reports for internal and external stakeholders
- Develop presentation material and supporting corporate activities and business cases
- Contribute to NEOM’s socio-economic modeling
- Support in developing NEOM Authority Financial policies and procedures
- Support in budgeting activities, including budget planning and forecasting
- Support in other financial functions
- Manage and develop staff, including hiring, training, and performance evaluations
- Collaborate with other departments and stakeholders to provide financial insights and support for business decisions and to ensure accurate and timely reporting and communication of financial information
Culture and Values
- Embrace NEOM’s culture and Values https://www.neom.com/en-us/about.
- Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM’s Code of Conduct.
- Maintain fair, ethical and professional work practices in accordance with NEOM’s Values and Code of Conduct.
- Adhere to NEOM’s Policies, procedures, and controls to ensure compliance with rules.
Experience and Qualifications
Knowledge, Skills and Experience
- 7+ years of experience in Financial Analysis
- In depth understanding of Saudi Arabian Financial regulatory frameworks.
- In depth understanding of accounting standards and regulations, including GAAP and IFRS
- Comfortable applying fundamental accounting principles
- Previous experience in Tax and Customs revenue modeling
- Independent, self-motivated
- Exhibits the highest standards of accuracy and organization skills
- Experience with SAP.
- Strong working knowledge of Microsoft Office Suite (Excel, Word, PowerPoint).
- Undergraduate degree in a relevant discipline (Accounting is preferred)
- Direct experience creating financial models.
- Proficiency in accounting and financial software.
- Financial management experience, preferably in Strategy & Finance
- Strong aptitude for financial modelling and planning.
- Effective communication skills.
- Computer literacy – particularly Excel, and ERP
- Strong analytical skills.
- Broad knowledge of accounting principles.
- Relevant University degree and a proven track record of success
- Recognized and relevant financial experience preferably within Real Estate
- Qualifications within relevant financial modelling software, Excel, SharePoint, and intelligence tools
Qualifications
- Bachelor’s Degree in Finance, Accounting or relevent field
- Relevant Professional Memberships/Accreditation