Chief Operating Officer

Key Responsibilities

Strategy & Governance

• Develop and implement strategies to optimize performance across all operational functions.
• Translate organizational vision into actionable operational plans.
• Monitor key performance indicators (KPIs) and ensure targets are met across departments.

Operational

• Direct and manage the strategic planning and development of operational procedures and reporting structures to ensure all relevant requirements are fulfilled to deliver high-quality services.
• Establish overarching goals for the division to ensure effective performance and growth achievement for the organization.
• Ensure high operational standards, quality and consistent delivery of exceptional customer service and experience.
• Maximize business values by continually assessing value added opportunities, including value added capital works, additional income generation and cost minimization initiatives.
• Provide leadership, guidance, and mentorship to department heads across HC, Government Relations, Legal, IT, Procurement, and Finance
• Foster a collaborative culture, ensuring effective communication and alignment across teams.
• Build high-performing teams through recruitment, development, and retention strategies.

Financial Accountability

• Review and challenge the Asset Management Division’s budget to ensure alignment with the Annual Business Plan.
• Collaborate in the development of Annual Operating and Capital Expenditure Budgets for each Strategic Business Unit (SBU).
• Oversee the financial performance of each asset, ensuring revenue targets and budget objectives are achieved.
• Partner with the Investment Team to conduct financial modeling, scenario planning, and feasibility studies in support of investment decisions and capital allocation.
• Monitor the division’s financial performance against the approved budget, identify areas of unsatisfactory performance (if any), and recommend mitigating actions.
• Directs and leads the Operating of the finance function and provides support in financial matters to the organization:
• Lead the translation of overarching strategy into business plans for the Finance Function and ensure that the performance is effectively monitored and managed in order to achieve its mandate.
• Oversee strategic planning and development of financial policies, procedures and internal controls, in line with Saudi law.
• Oversee processes for financial forecasting and budgeting, review spending against the budget and swiftly respond to risks of overspending.
• Ensure adequate reporting on financial performance.
• Provide expert advice on long-term business and financial planning.

Qualification & Requirements

• Bachelor’s degree in accounting, Finance, Commerce, or any related degree. Preferably MBA Master’s degree in business administration or related field from a recognized and accredited university is preferred
• Proven track record in senior leadership roles managing large, diverse hospitality portfolios.
• Strong financial and business acumen with experience analyzing complex data and financial models.
• Excellent interpersonal, communication and negotiation skills.
• Ability to adapt to change and lead strategically in a fast-paced environment.
• Relevant certifications within the field are preferred.
• Demonstrated proficiency in oral and written English, while bilingual English/Arabic is preferred.

Benefits

No Information Available