Financial Director

Director / Senior Manager – Balance Sheet Management & Financial Planning – Advisory & Asset Management

Our client, a premier management consultancy, is seeking a seasoned and strategic financial professional to join their team in Riyadh, Saudi Arabia. This role is designed for a Director / Senior Manager with deep expertise in balance sheet management, liquidity, and financial planning & analysis (FP&A), who will play a pivotal role in shaping financial strategy, performance insights, and scenario planning. The successful candidate will collaborate closely with senior leadership across finance, treasury, and business units to drive informed decision-making and enhance financial performance.

Key Responsibilities

The ideal candidate will be responsible for a range of critical financial functions, including:

• Balance Sheet & Treasury Management:
  • Lead the analysis and optimization of balance sheet structure, including asset-liability management (ALM) and liquidity positioning.
  • Develop and enhance Funds Transfer Pricing (FTP) frameworks to support business performance and capital allocation.
  • Support liquidity risk management, including compliance with Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), and internal stress testing scenarios.
  • Provide insights into the key drivers of net interest income (NII) and overall balance sheet performance.
• Financial Planning & Insights:
  • Drive budgeting, forecasting, and long-term financial planning processes to ensure alignment with strategic objectives.
  • Develop and maintain management dashboards and reporting packs for executive leadership and key stakeholders.
  • Analyze business performance trends to identify risks and opportunities, providing actionable recommendations.
  • Support strategic initiatives by delivering clear and concise financial insights to guide decision-making.
• Quantitative Analysis & Decision Support:
  • Build robust financial models and conduct scenario analyses to evaluate strategic options and their financial implications.
  • Translate complex financial data into meaningful insights, enabling data-driven decision-making.
  • Support high-impact decisions related to capital allocation, funding strategies, and business growth initiatives.
• Stakeholder Management:
  • Partner with Treasury, Finance, Risk, and Business teams to align on financial priorities and strategic goals.
  • Engage with senior stakeholders, including the CFO, Asset-Liability Committee (ALCO), and executive committees, to present insights and recommendations.
  • Communicate financial insights clearly and effectively to both financial and non-financial audiences, fostering a collaborative decision-making environment.
• Regulatory & Market Alignment:
  • Ensure compliance with local regulatory requirements, with a preference for familiarity with Saudi Central Bank (SAMA) guidelines.
  • Provide strategic insights into the regulatory impacts on liquidity, capital, and balance sheet strategy.
  • Monitor market trends to assess their influence on funding costs, interest rates, and overall financial performance.

Candidate Profile

We are looking for a candidate with the following qualifications and experience:

• Experience:
  • 10–18+ years of relevant experience in banking, financial services, or treasury environments, or in Big 4 advisory roles with a focus on treasury, ALM, or financial risk.
  • Proven expertise in asset-liability management (ALM), liquidity management, and Funds Transfer Pricing (FTP) frameworks.
  • Strong background in FP&A, forecasting, and performance analysis, with a track record of delivering actionable insights.
  • Experience working in Saudi Arabia or the broader GCC markets is highly preferred.
• Technical Skills:
  • Advanced financial modelling and quantitative analysis capabilities, with the ability to develop sophisticated models.
  • Deep understanding of balance sheet dynamics, interest rate risk (IRRBB), and liquidity frameworks.
  • Proficiency in Excel and data visualization tools such as Power BI or Tableau.
• Leadership & Behavioral Skills:
  • Exceptional stakeholder management and influencing skills, with the ability to collaborate effectively across multiple functions.
  • Strong commercial acumen and a strategic mindset, capable of operating in a fast-paced, transformation-driven environment.
  • Ability to translate complex financial data into clear, actionable insights for diverse audiences.

Additional Requirements

• Ability to be based full-time in Riyadh, Saudi Arabia.
• Fluent in English; proficiency in Arabic is advantageous.
• Immediate or short-notice availability is preferred for this contract engagement, which is expected to last 6–12 months with potential for extension.

Ideal Candidate Profile

The ideal candidate will be a high-impact finance professional who combines:

• Deep expertise in ALM and treasury functions, including balance sheet management, liquidity, and FTP frameworks.
• Strong capabilities in FP&A and strategic financial planning.
• Advanced analytical skills and the ability to engage effectively with stakeholders at all levels.