finseats

Senior Specialist - Billing and Cost Control

Qiddiya Investment Company · Asset Manager

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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