Job Purpose: To lead the performance assessment and reporting functions of SAR, ensuring
comprehensive, timely, and actionable insights are provided to Budget Planning and Control Director.
Responsibility:
• Drives the analysis of company performance against set KPIs, highlighting areas of improvement.
• Provides tools, templates, and guidance for the development of financial plans, budgets, and forecasts
for individual Business Units/Departments.
• Monitors actual performance against budgets, preparing periodic reports highlighting key findings.
• Ensures compliance with budgeting and reporting policies and regulations.
• Extracts and provides pertinent financial data as required by Management or other key stakeholders.
• Analyzes data variances, offering insights and recommendations for the future.
• Maintains and enhances financial models, tools, & templates to support financial planning and
reporting.
• Offers valuable insights from performance data to inform the strategic decisions of the Budget
Planning & Control Department.
• Tracks performance against budget, providing regular feedback and proposing areas of improvement.
• Bachelor’s Degree in Finance or a related field.
• Master’s Degree in Finance or a related field is preferred.
• A minimum of 6-7 years of relevant experience.
The Saudi Railways Company (SAR) was originally founded in 2006 to construct, operate and manage a passenger and freight rail network linking the northern region of the Kingdom of Saudi Arabia (KSA) with both the eastern and central regions providing an integrated transport solution for passengers, minerals, petroleum and petrochemical products. This “North-South Railway”, which started operations in 2011, originates in the capital city of Riyadh and extends as far north as Al Haditha, near the border with Jordan. In February 2017, SAR inaugurated its first regular passenger service between Riyadh and Al-Qassim, a service designed to operate at speeds up to 200 km/h. SAR intends to eventually extend this service to the northern city of Al-Qurrayat, more than 1,400 km from the capital. In July 2016, there was a royal decree released by the government of Saudi Arabia where SAR was asked to take over Saudi Railway Organization (SRO) and SAR will be the owner of the entire railway in the kingdom and initiate all the upcoming railway projects. SAR and SRO initiated the merger project to complete the transformation and take over the operations, maintenance, assets, infrastructure along with all the associated facilities. The merger is expected to be completed in the first quarter of 2019. In September 2018, SAR took over the HHR O&M and its associated facilities from SRO, HHR also known as Haramain High-Speed Railway Project was one of the lard mark projects with the state of the art facilities to connect Makkah, Jeddah, King Abdullah Economic City and Medina covering approximately 500km of a high-speed railway network with operating speed up to 320kmph. HHR network is being operated and maintained by the group of 14 contractors led by a well-known Spanish company Renfe where SAR is managing the entire program management by being the client and owner of that project. for more information, would like to invite you to visit our website.