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Portfolio Control Senior Manager

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Takamol Holding
Full Time position
Listed on 2026-05-03
Job specializations:
  • IT/Tech
    Business Systems/ Tech Analyst, IT Project Manager
Salary/Wage Range or Industry Benchmark: 300000 - 400000 SAR Yearly SAR 300000.00 400000.00 YEAR
Job Description & How to Apply Below

The Project Portfolio Management (PPM) Senior Manager is responsible for leading and institutionalizing enterprise-wide portfolio management practices, ensuring all initiatives are strategically aligned, financially governed, and executed with full transparency.

This role acts as a critical bridge between strategy and execution, ensuring that strategic priorities are translated into a governed, optimized, and value-driven portfolio of initiatives. It will drive the transformation from fragmented project execution into a structured, data-driven portfolio model, addressing key challenges such as inconsistent demand intake, lack of project classification, limited financial visibility, and weak governance enforcement.

Key Responsibilities
  • Strategic Planning, Direction & Alignment
  • Partner with executive leadership to support the development and refinement of organizational strategy
  • Ensure clear linkage between strategy, initiatives, and measurable business outcomes
  • Establish mechanisms to continuously align portfolio execution with evolving strategic priorities
  • Lead strategic planning cycles from a portfolio perspective (initiative shaping, sequencing, and dependencies)
  • Define and govern strategic KPIs and value realization frameworks across the portfolio
  • Portfolio Strategy & Governance
  • Define and lead the enterprise-wide PPM framework, standards, and operating model
  • Translate strategic objectives into a structured and governed project portfolio
  • Establish portfolio segmentation (e.g., strategic, regulatory, operational, innovation)
  • Ensure alignment between portfolio investments and organizational strategy
  • Demand Management & Intake Control
  • Design and enforce a centralized demand intake and approval process
  • Institutionalize project classification standards (project vs. BAU vs. enhancement)
  • Ensure all requests are captured through a unified platform (eliminating shadow processes)
  • Ensure all initiatives are uniquely identified and tracked
  • Portfolio Prioritization & Optimization
  • Establish and govern a standardized prioritization model (value, cost, risk, dependencies)
  • Lead portfolio planning cycles and continuous reprioritization
  • Optimize resource allocation across competing initiatives
  • Manage trade-offs and scenario analysis at portfolio level
  • Financial Governance & Value Realization
  • Own portfolio-level financial oversight, including budget alignment and tracking
  • Ensure project-level budget visibility and linkage to financial systems
  • Monitor financial performance (actuals vs. forecast vs. approved budgets)
  • Drive benefits realization tracking and value measurement
  • Governance & Performance Management
  • Define and enforce portfolio governance frameworks, stage gates, and approval workflows
  • Define portfolio KPIs, SLAs, and performance metrics
  • Establish executive-level dashboards and reporting standards
  • Provide actionable insights on portfolio health, risks, and dependencies
  • Escalate and manage underperforming or at-risk initiatives
  • Tools, Data & Systems Integration
  • Lead the implementation and governance of PPM tools and platforms
  • Ensure integration across systems (e.g., Jira, ERP, procurement systems)
  • Eliminate duplication and enforce a single source of truth
  • Standardize project structures (WBS, PO linkage, renewals, etc.)
  • Reporting & Executive Insights
  • Provide executive dashboards and portfolio insights (status, risks, financials, dependencies)
  • Enable data-driven decision-making through accurate and timely reporting
  • Communicate portfolio health to senior leadership
  • Continuous Improvement & Maturity Development
  • Assess current maturity and define a PPM maturity roadmap
  • Benchmark against best practices (e.g., PMI (Project Management Institute), Axelos)
  • Continuously refine governance, processes, and performance frameworks
  • Lead transformation initiatives to enhance portfolio effectiveness
Qualifications
  • Bachelor’s or Master’s degree in Business, IT, Engineering, or a related field
  • Master's degree or MBA with a technology management or digital strategy focus (preferred)
Experience
  • 10–15+ years of experience in Project, Program, or Portfolio Management
  • Proven experience in establishing or transforming PPM functions at enterprise level
  • Demonstrated experience…
Position Requirements
10+ Years work experience
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