Business Planning Manager

OVERVIEW

Position

Business Planning Manager

Job Code

Manager

Reports to

Head of Business Operations

Direct Reports

TBD

Division/Section

NEOM Tiran & Farshah Islands

Department

Finance & Admin

Sector

NEOM Tiran & Farshah Islands

Job Family

Role Purpose

The Business Planning Manager will be responsible for overseeing all financial planning, analysis, budgeting, and business strategy development for Tiran and Al Farshah Islands. This role will involve partnering closely with cross-functional teams, providing decision support to senior management, and ensuring alignment between financial performance and the overarching business objectives. The Business Planning Manager will be a key driver in guiding financial strategy and ensuring both islands

deliver on their long-term business plans while adhering to NEOM’s policies and procedures.

KEY ACCOUNTABILITIES & ACTIVITIES

• Lead the financial planning and analysis function for Tiran and Al Farshah Islands, providing detailed financial forecasts, budgets, and variance analysis.
• Assist on financial models to support decision-making, capital allocation, and long-term financial planning.
• Provide strategic financial insights to senior management to drive decision-making and ensure alignment with overall NEOM financial goals.
• Prepare and present detailed financial reports and presentations to leadership, and stakeholders.
• Participate in the development and execution of both islands' business plans, ensuring

alignment with NEOM’s overall strategic vision and objectives.

• Collaborate with cross-functional teams (development, operations, procurement, legal, and commercial) to ensure that financial plans are fully integrated into the operational and strategic plans for Tiran and Al Farshah Islands.
• Analyse business performance, identify risks and opportunities, and develop strategies to mitigate risks while optimizing financial performance.
• Assist in scenario planning, sensitivity analysis, and risk assessments to assess various strategic options and business scenarios.
• Manage the annual budgeting process, including consolidation of inputs from all functional departments, and oversee rolling and mid-year re-forecasting.
• Ensure all budgets and forecasts are in line with strategic objectives and project timelines for both islands.
• Track budget performance and identify areas of concern or overspend, offering solutions to address financial variances.
• Overseeing PR and PO tracking and commitment clean up exercises.
• Provide accurate and timely financial reports to NEOM’s leadership team.
• Ensure transparency and accountability by providing clear and comprehensive financial information on the islands' financial status, operational performance, and future projections.
• Serve as the primary point of contact for finance-related matters with NEOM’s central finance,

procurement, and strategic planning teams.

• Oversee and monitor all CapEx and OpEx spend for Tiran and Al Farshah Islands, ensuring that all expenditures are aligned with the approved budget.
• Work closely with development teams to ensure that project costs are tracked, managed, and optimized.
• Manage the month-end process for all sector relating accounting tasks both Opex and Capex, ensuring adequate supporting documents are archived and due diligence is carried out.
• Ensure full compliance with NEOM’s financial policies, guidelines, and reporting standards.

• Maintain accurate financial records, audit trails, and ensure adherence to NEOM’s governance

framework.

• Support external audits and provide any necessary documentation or financial data required.
• Develop and deliver high-quality PowerPoint presentations & reports for senior management, highlighting key business insights, strategies, and performance metrics.
• Conduct thorough business analyses to support decision-making processes and strategy development.
• Work closely with business stakeholders to understand their needs, objectives, and challenges.
• Understand and navigate NEOM business workflows and requirements.

Knowledge, Skills and Experience

• Minimum 10 years relevant experience
• Bachelor’s degree. finance or a related field would be beneficial.
• Proven experience in cost control, budget management, and business planning.
• Strong analytical skills with a detail-oriented approach to financial reporting and analysis.
• Excellent communication and interpersonal skills, capable of working collaboratively with multiple departments and stakeholders.