# Director - Financial Planning and Analysis

> Qiddiya Investment Company · Riyadh, Saudi Arabia · Full-time · Posted 2026-06-23

**Workplace:** on_site

**Department:** Residential DFA

## Description

We are seeking an experienced **Director – Residential FP&A** to establish and lead the financial planning and analysis function for a newly established Residential subsidiary within a large-scale Saudi giga‑project.

This role will play a critical part in setting up the financial foundations of a newly formed residential platform while operating within the governance, funding, and reporting architecture of an existing giga‑project.

The role will act as a key financial interface between the Residential Business Unit, Corporate Finance, and regulatory stakeholders.

The Director will be responsible for designing and embedding best-in-class financial planning, forecasting and reporting processes for a large-scale residential portfolio.

The role requires a hands-on leader with deep real estate/development experience, capable of building financial discipline, enabling informed decision-making, and ensuring strong financial governance across complex, multi-year projects.

**Key Responsibilities**

**FP&A leadership**

-   Lead the FP&A function for the Residential Business Unit and the newly established residential operating subsidiary.
-   Enhance and manage the budgeting, forecasting, and management reporting frameworks for residential development projects within a giga‑project environment.
-   Develop and embed financial governance frameworks, controls, and reporting standards aligned with Corporate Finance, Board, and investment committee requirements.
-   Ensure financial structures, controls, and reporting are fit for purpose for the residential business unit.
-   Act as the primary financial counterpart to Corporate Finance, Treasury, Internal Audit, and External Auditors for residential activities.

**Financial planning and portfolio oversight**

-   Prepare and maintain consolidated financial forecasts for the residential portfolio, including capex planning and cash flow projections.
-   Monitor financial performance across residential projects and provide variance analysis against approved business plans.
-   Manage portfolio‑level cash flow planning, funding requirements, and liquidity forecasts, with specific focus on off‑plan sales and escrow funding dynamics
-   Produce regular financial reports and dashboards for senior leadership and investment committees. 

**Escrow Management, Audit, and Regulatory Compliance (REGA / WAFI)**

-   Establish, oversee, and govern escrow account structures for off‑plan residential sales in full compliance with REGA and WAFI regulations.
-   Coordinate with banks, escrow trustees, legal advisors, and Corporate Treasury on escrow account setup, usage rules, drawdown mechanisms, and reporting.
-   Ensure accurate tracking and reconciliation of escrow inflows, permitted outflows, and balances at project and portfolio level.
-   Lead the preparation of escrow-related reporting and submissions required by REGA and other relevant authorities.
-   Act as the primary finance lead for all internal and external audits related to escrow accounts, residential projects, and the residential subsidiary.
-   Ensure robust audit trails, documentation standards, and financial controls are in place to support regulatory reviews and statutory audits.

**Business partnering with development teams**

-   Partner closely with development, commercial, and sales teams to support financial decision‑making across the full residential development lifecycle.
-   Provide financial insights on development projects through the development stage gate lifecycle and support feasibility studies
-   Align cashflow forecasts to residential projects progress and revised development programs.

**Systems and process development**

-   Lead the implementation of FP&A tools, financial models, and reporting systems to support residential portfolio and subsidiary monitoring.
-   Support integration with corporate finance systems, including SAP FICO, ensuring residential and escrow transactions are accurately reflected.
-   Contribute to the development of data visualization and performance dashboards (e.g., Power BI) for executive and regulatory reporting.
-   Drive continuous improvements in reporting efficiency, automation, data quality, and analytical depth.

**Leadership**

-   Build, lead, and scale a high‑performing FP&A team as the residential platform grows.
-   Establish a high‑accountability culture with strong technical rigor, commercial mindset, and compliance awareness.

## Requirements

-   Bachelor’s degree in Finance, Accounting, Economics, or a related field

-   **CPA or equivalent qualification is essential**.
-   **12–15+ years of experience** in financial planning and analysis, development finance, or project finance within the real estate sector.
-   Strong experience working on **large-scale real estate developments**, ideally with **projects exceeding $ 1B in capex**.
-   Experience working with **regional real estate developers in the Middle East is required**.
-   Proven track record of **building financial processes and systems in a new or evolving organization**.
-   Strong financial modeling skills and advanced **Excel proficiency**.
-   Experience with **ERP systems such as SAP FICO**; familiarity with **Power BI** or similar visualization tools is a plus.
-   Exposure to **feasibility modeling tools such as Estate Master** is advantageous.
-   Strong communication skills and ability to work effectively with senior stakeholders in an international environment.

## Apply

[Apply at Qiddiya Investment Company](https://apply.workable.com/qiddiya-investment-company-1/j/E8AAD510B4/apply)

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