Golf SaudiFinance Director/Budgeting, Control & Reporting
Oct. 2022 - Mar. 2025Saudi Arabia Led the development, implementation, and management of annual and multi-year budgets for Golf Saudi and its portfolio of managed golf clubs, amounting to SR 7 billion in 5 years, ensuring alignment with operational needs and strategic goals.
Facilitated the approval of our annual budgets from Ministry of Sports and Ministry of Finance 2022-2024. Collaborated with PwC consultants to spearhead a transformative overhaul of the finance function, focusing on operational excellence, governance enhancement, and cost management. Developed a sophisticated budgeting framework and optimized templates, processes, and policies to streamline operations and financial control.
Monitored budget performance, analyzed variances, and provided actionable insights for cost-effective decision-making and strategic financial planning.
Developed financial models and forecasting tools to support club operations, expansion, and event management.
Designed and implemented financial controls to safeguard company assets, ensuring compliance with Saudi regulations and international standards (IFRS).
Continuously assessed financial processes, identifying opportunities for efficiency improvements and enhanced control measures.
Ensured accurate and timely preparation of projected income statements, balance sheets, and cash flow statements for consolidated operations and each golf club.
Presented monthly, quarterly, and annual financial reports to the CFO and executive team, highlighting key performance metrics, trends, and risks. Collaborated with club managers and operational teams to ensure adherence to budgetary controls and financial targets, maximizing profitability.
Participated in the development of business cases for new projects, including capital expenditure planning and club renovations.
Managed relationships with external partners, sponsors, and governmental agencies to secure funding and ensure financial stability.