Director – Financial & Contract Management

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.

Job Description & Responsibilities

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 vendors and contractors to monitor execution and resolve operational issues.

Qualifications & Experience

Bachelor’s / Master's degree in Engineering, Business Administration, or an equivalent field is required.

Certification in Advanced Financial Planning and Management (CFA) or any other equivalent financial certification. Additional training in Contract Management, Procurement, or Risk Management is an advantage.

Minimum of 12+ years of relevant experience, with at least 5–6 years in a leadership or managerial role.

Proven experience in budgeting, financial planning, and contract management within a large or complex organization.

Demonstrated expertise in financial control, cost analysis, and budget optimization.

Strong background in vendor and contract management, including drafting, evaluation, and negotiation.

Experience coordinating with multiple internal and external stakeholders to ensure compliance and operational efficiency.

Strong analytical, organizational, and problem-solving skills.

Excellent planning, budgeting, and negotiation capabilities.

Solid understanding of financial modeling, risk assessment, and cost allocation methodologies.

Ability to manage multiple projects and priorities in a fast-paced environment.

Proficiency in financial management systems and Microsoft Office Suite (Excel, PowerPoint, Word).

Bilingual proficiency in English and Arabic (written and spoken) is required.

Seniority level

Director

Employment type

Full-time

Job function

Finance and Consulting

Industries

Telecommunications

Referrals increase your chances of interviewing at Norconsult Telematics by 2x

Get notified about new Director Contract Management jobs in

Riyadh, Saudi Arabia .

#J-18808-Ljbffr