Qiddiya | القدية

Senior Manager - Feasibility and Business Plans

Qiddiya | القدية  •  Riyadh, SA (Onsite)  •  19 hours ago
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Job Description

Qiddiya Investment Company is seeking an experienced Senior Manager – Feasibilities and Business Plans to lead the financial and commercial feasibility analysis of residential apartment developments across the Qiddiya master plan. This role is critical in ensuring that apartment schemes are commercially viable, optimally configured, and aligned with market demand, development strategy, and investment return requirements.

The role requires deep expertise in residential apartment feasibility, including unit mix optimization, pricing and absorption analysis, cost benchmarking, efficiency ratios, and sensitivity testing, working closely with Development, Design, Sales, and Cost Planning teams.

Key Responsibilities

Residential Apartment Feasibility Leadership

  • Lead the end‑to‑end preparation, review, and validation of feasibility studies and business plans for residential apartment projects, across multiple densities, typologies, and development phases
  • Drive apartment‑level feasibility analysis, including unit mix, sizing, efficiency (NIA/GIA/GFA), pricing, and absorption assumptions
  • Ensure all apartment schemes meet defined investment hurdle rates and align with Qiddiya’s residential strategy and governance requirements

Financial Modeling & Unit Economics

  • Build, review, and manage detailed financial models for apartment projects, incorporating:
  • Unit level revenues and sales phasing
  • Construction and development costs
  • Cashflow timing, IRR, NPV, and sensitivity analysis
  • Evaluate the financial impact of changes in apartment design, density, efficiency, specifications, and unit configurations
  • Stress test feasibility outcomes against market, cost inflation, and delivery risks

Cross‑Functional Coordination

  • Work closely with Development, Design, Cost Planning, Sales, and Planning teams to ensure apartment designs are financially optimized from early concept through investment approval
  • Challenge inputs and assumptions to maintain commercial discipline and realism
  • Act as the primary financial interface for apartment projects through internal stage gate approvals

Investment Governance & Decision Support

  • Prepare investment‑ready feasibility packs, business plans, and financial summaries for senior management and investment committees
  • Clearly articulate risks, sensitivities, and mitigation strategies related to apartment developments

Requirements

  • Bachelor's degree in Business, Finance, Economics, or a related discipline (Master's degree is a plus)
  • 10+ years’ experience in feasibility analysis, business planning, or investment analysis with a strong focus on residential apartment developments
  • Proven experience working with large‑scale residential or mixed‑use developments, preferably within institutional or giga‑project environments
  • Strong stakeholder‑management skills and experience presenting to senior executives and investment committees
  • Strong financial modeling skills and experience with financial analysis software (e.g. EstateMaster)
  • Excellent interpersonal and communication skills for effective collaboration with cross-functional teams
Qiddiya | القدية

About Qiddiya | القدية

Qiddiya Investment Company (QIC), a Public Investment Fund (PIF) company, is shaping one of the most transformative visions of Saudi Arabia’s future. By harnessing the Power of Play, we are unlocking new economic opportunities, elevating quality of life, and contributing to the ambitions of Saudi Vision 2030.

As a company behind flagship projects such as Qiddiya City and Saudi Entertainment Ventures (SEVEN), QIC is creating destinations and ecosystems where people can live, play, stay, work, and invest.

At QIC, we believe play can move society forward, opening up new opportunities and bringing joy. Our commitment to play is evident in everything we do, aiming to transform lives through play, and creating extraordinary and fulfilling experiences. We develop integrated ecosystems that allow you to play, live, stay, invest, or work, with play as a catalyst for learning, creativity, performance, connection, escapism, and personal growth.

Industry
Arts & Entertainment
Company Size
5,001-10,000 employees
Headquarters
Al Nakheel, Riyadh, SA
Year Founded
Unknown
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