Executive Director - Finance (SPT & Art & Culture) (CORS357)

Job Purpose

• 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

• 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

• 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

• 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

• 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
• 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

Benefits