Director – Financial & Contract Management
Job in
Riyadh, Riyadh Region, Saudi Arabia
Listed on 2025-12-02
Listing for:
Norconsult Telematics
Contract
position Listed on 2025-12-02
Job specializations:
-
Management
Financial Manager, Operations Manager, Risk Manager/Analyst -
Finance & Banking
Financial Manager, Risk Manager/Analyst
Job Description & How to Apply Below
Join to apply for the Director – Financial & Contract Management role at Norconsult Telematics
Global Talent Acquisition | Driving talent Strategies & connecting people with opportunities across US, APAC, Middle East & ANZ | 15K+ Followers |… Position Objective- Lead the financial planning, budgeting, and contract management activities within the Operations Sector.
- Ensure effective allocation, utilization, and control of operational budgets.
- Oversee the development and execution of contracts, ensuring compliance with financial and operational policies.
- Monitor vendor and contractor performance to ensure adherence to agreed terms, budgets, and timelines.
- Develop and implement strategies to enhance financial efficiency and optimize resource utilization.
- Conduct financial analysis and risk assessments to support decision-making and improve performance outcomes.
- Ensure timely and accurate financial reporting, cost control, and accountability across operations.
- Build and maintain strong relationships with internal stakeholders and external vendors for effective coordination.
- Provide leadership and direction to the Financial & Contract Management team to achieve departmental and organizational goals.
- Drive continuous improvement initiatives to strengthen financial governance and contract management practices.
- Develop and implement financial and contract management strategies aligned with operational and organizational objectives.
- Provide direction and leadership to the Financial & Contract Management Department to ensure high performance and continuous improvement.
- Contribute to operational planning, driving efficiency, transparency, and accountability across all financial and contractual activities.
- Lead preparation, management, and monitoring of budgets for the Operations Sector.
- Coordinate with finance teams to secure approvals, track utilization, and ensure adherence to budgetary controls.
- Review budget variances, financial forecasts, and performance reports; recommend corrective actions to meet financial targets.
- Ensure cost allocation and reporting processes comply with established accounting standards and internal policies.
- Conduct financial performance analysis, P&L reviews, and cost optimization assessments.
- Identify financial risks within operations and propose mitigation strategies.
- Develop financial models and reports to support strategic decisions and operational planning.
- Oversee drafting, evaluation, and execution of all operational contracts, ensuring compliance with policies and regulations.
- Ensure contracts are technically and financially sound, reflecting agreed terms and service levels.
- Coordinate with procurement and legal teams on negotiations, contract renewals, and dispute resolutions.
- Supervise vendor selection, evaluation, and performance monitoring to ensure quality and cost-effectiveness.
- Maintain strong relationships with suppliers and contractors to achieve service excellence.
- Approve payments, manage financial penalties, and oversee contract closures in alignment with agreed deliverables.
- Ensure accurate documentation and timely reporting of all financial and contractual data.
- Provide periodic financial and operational expenditure reports to management.
- Support data-driven decision-making by maintaining up-to-date records and performance dashboards.
- Review existing systems and processes to identify improvement opportunities.
- Implement new tools or practices to enhance financial efficiency and control.
- Promote knowledge sharing and training initiatives to strengthen team capability.
- Define team objectives, KPIs, and development plans aligned with departmental goals.
- Manage recruitment, performance appraisals, and employee engagement activities.
- Coach, mentor, and motivate staff to foster accountability, growth, and collaboration.
- Ensure full compliance with internal policies, audit requirements, and financial governance standards.
- Maintain integrity and transparency across all financial and contract management operations.
- Collaborate with internal teams (Finance, Procurement, Operations) for budget control, vendor evaluation, and performance reviews.
- Liaise with external…
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