Summary
Saudi Entertainment Ventures (SEVEN) is seeking a Finance Manager for a future opportunity in Taif, Saudi Arabia. The role partners with venue operations teams, manages venue P&L performance, and provides financial insights to support profitability and cost optimization. Responsibilities include budgeting and forecasting, operational KPI analysis, financial controls, and supporting audits. Applicants need at least 6–7 years of finance experience and a bachelor’s degree in Finance, Accounting, or Business Administration; an MBA is preferred, as is CMA certification, while CPA is advantageous.
The posting
As published on seven.sa. Pulled from the employer's site and shown as they wrote it.
Role Purpose
Serve as the embedded finance business partner for Operations, providing financial leadership, strategic insights, and decision support to venue management teams while driving profitability and cost optimization across all entertainment destinations.
Key Accountabilities
- Own venue P&L performance by managing the financial results for assigned destinations, analyzing revenue streams (tickets, F&B, retail, attractions), monitoring operating costs, and driving actions to achieve EBITDA and profitability targets.
- Provide financial business partnering by serving as a trusted advisor to venue and operations managers, participating in operational planning discussions, translating financial data into actionable insights, and influencing decisions at the idea stage rather than just validating numbers.
- Analyze operational metrics by tracking key performance indicators including per capita spend, attendance versus forecast, revenue per visitor, labor cost ratios, and F&B margins, and recommending improvements to optimize performance.
- Support budgeting and forecasting by collaborating with venue managers to develop accurate budgets and forecasts, incorporating seasonality patterns, event calendars, and operational capacity into financial plans, and providing variance analysis with corrective recommendations.
- Drive cost optimization by identifying opportunities to reduce operating costs without compromising guest experience, analyzing labor scheduling efficiency, monitoring vendor costs, and implementing cost control initiatives in partnership with operations leadership.
- Ensure financial controls by overseeing cash handling procedures at venues, monitoring inventory management and shrinkage, ensuring compliance with financial policies, and supporting internal and external audits of operational areas.
- Develop and lead the team by setting objectives for operations finance analysts, providing coaching and mentorship, and building a high-performing team that delivers value to the business.
Requirements
- Education Level: Bachelor’s Degree (minimum) Finance, Accounting, or Business Administration
- Advanced Degree : MBA preferred
Professional Certifications:
- Certified Management Accountant (preferred)
- Certified Public Accountant (advantageous)
Experience: Minimum Years of Relevant Experience 6–7 years in finance.