Senior Director, Controlling & Financial Planning & Analysis

About Boutique GroupBoutique Group is redefining luxury hospitality by transforming Saudi Arabia’s most iconic historic and cultural palaces into ultra-luxury boutique hotels. With a commitment to storytelling, authenticity, and excellence, curating exceptional hospitality experiences that celebrate the Kingdom’s rich history while setting new benchmarks in the industry. Boutique Group’s growing portfolio includes The Red Palace, Al Hamra Palace, and Tuwaiq Palace, each being meticulously restored to preserve its historical significance while being reimagined for contemporary of ultra-luxury hospitality.At Boutique Group, we lead the way in redefining what’s possible. Taking the exquisite, making it extraordinary, we are a culture that celebrates transformation. A young company for a youthful nation, our energy is honed and harnessed by the mentorship of hospitality’s leading names. Here, you can be part of something bigger, crafting luxury hospitality’s next chapter.Job PurposeTo lead the Controlling and Financial Planning & Analysis functions for Boutique Group, holding functional accountability for financial control, management reporting, planning, forecasting and performance analysis. The role safeguards the integrity of the Group's financial records and internal control environment, and converts financial data into the insight the Executive Leadership Team and the Board require to steer enterprise performance.Key AccountabilitiesCorporate Strategy:• Develop the annual business plans for the Controlling and Financial Planning & Analysis departments ensuring alignment to the function's strategic plan.• Report to the Chief Financial Officer on the progress of activities against the annual business plans, opportunities, challenges and issues faced, mitigations taken, etc. as required, to facilitate informed decision-making.• Translate the Group's corporate strategy into multi-year financial plans, and advise the Chief Financial Officer on the financial implications of strategic options.Leadership• Build and lead a motivated, engaged and competent team across the Controlling and Financial Planning & Analysis departments, by setting priorities and objectives, managing performance, and providing ongoing feedback and coaching to meet the functional challenges and goals.• Serve as a role model to ensure employees' awareness and commitment to Boutique Group's vision, mission, values, fundamentals, and corporate strategy to establish a highly engaged and motivated human resources, and continuously improve performance.• Develop functional capability and succession depth across both departments, including technical accounting and commercial analysis skills.Budgeting• Prepare and recommend the Controlling and Financial Planning & Analysis departments' budgets in alignment to the respective annual business plans.• Oversee costs and activities are monitored on a regular basis highlighting any relevant opportunities and issues, to facilitate appropriate decision-making in line with changing priorities.Policies, Systems, Processes, Procedures, and Standards• Manage the development and implementation of both departments' policies, systems, processes and procedures, identifying potential areas of improvement, to ensure an efficient and effective operation.• Ensure compliance with corporate requirements on adherence to policies, procedures and instructions related to all relevant regulatory directives to ensure a safe and risk-free environment.Financial Control and Reporting• Direct the preparation of accurate and timely financial statements, including balance sheets, income statements, and cash flow statements, in compliance with IFRS and applicable regulatory requirements.• Own the integrity of the general ledger, chart of accounts, and month-end and year-end close calendar across the Group and its subsidiaries.• Direct the consolidation of Group and asset-level results, ensuring intercompany balances, eliminations, and accounting treatments are applied consistently.• Oversee fixed asset accounting, capitalisation policy, and the accounting treatment of the palace development portfolio.• Act as the primary interface with external auditors, directing audit preparation and the timely resolution of audit findings.Financial Planning, Forecasting and Analysis• Lead the annual budgeting and rolling forecast cycles, ensuring alignment with the Group's strategic objectives and financial targets and securing input from all department heads.• Direct the analysis of financial and operating performance against budget and forecast, identifying variance drivers and recommending corrective action to the Chief Financial Officer.• Lead scenario modelling, sensitivity analysis, and investment appraisal to support strategic initiatives, capital allocation, and business planning.• Direct the development of the Group's management reporting suite and performance dashboards, ensuring they are decision-useful for the Executive Leadership Team and the Board.• Provide guidance and challenge to department heads on budget management, cost-saving opportunities, and resource allocation.Internal Controls and Compliance• Establish and maintain a robust internal control framework over financial reporting, ensuring compliance with financial policies, regulations, and leading practice.• Direct regular control testing and reviews to assess effectiveness, identify control gaps, and implement corrective measures.• Coordinate with Internal Audit and Governance, Risk & Compliance on findings affecting the financial control environment.• Monitor developments in accounting standards and financial regulation, assess their impact on the Group, and direct the implementation of required changes.Systems and Data• Direct the effective use of the Group's financial systems for controlling, planning, and reporting, and sponsor enhancements in coordination with Information Technology.• Ensure the accuracy, consistency, and auditability of financial master data across systems.Stakeholder Management• Build high levels of trust and understanding with key internal and external stakeholders to promote full compliance with industry regulations and promote broader understanding of Boutique Group's interests and practices.• Partner with Hospitality Services and Development & Delivery leadership to embed financial discipline in operational and project decision-making.Change Management• Lead the management of change through continuous improvement of functional systems, processes and practices taking into account global standards and changes in the business environment which demand proactive action plans.Reporting• Ensure that all functional reports are prepared timely and accurately and meet Boutique Group's requirements, policies, and quality standards.Qualifications, Experience:Education:Bachelor's Degree in Accounting, Finance or any related disciplineMaster's Degree in Finance or a professional accounting qualification (SOCPA, CPA, ACCA, CMA) is preferredExperience:12+ years of Experience in any related field out of which 5 years at a Senior Management level.Experience across both financial control and financial planning & analysis is required.