Overview
The role entails leading and overseeing the strategic direction and execution of vendor management activities within an organization. You are responsible for managing key vendor relationships, driving value creation, and mitigating risks associated with vendor partnerships to support the organization's objectives.
Responsibilities
- Develop and nurture strategic relationships with key vendors and suppliers to align with the organization's goals and objectives. This involves understanding vendor capabilities, assessing performance, and fostering collaboration to drive innovation and value creation.
- Lead the process of selecting and evaluating vendors based on predefined criteria, including capabilities, reliability, financial stability, and alignment with organizational values. This may involve conducting vendor assessments, due diligence, and negotiations to secure favorable terms and conditions.
- Oversee contract negotiations with vendors to ensure that agreements are fair, transparent, and aligned with the organization's interests. This includes drafting contracts, defining service level agreements (SLAs), and establishing key performance indicators (KPIs) to measure vendor performance.
- Establish metrics and benchmarks to measure vendor performance against agreed-upon SLAs and KPIs. Continuously monitor and evaluate vendor performance, identify areas for improvement, and implement strategies to optimize value delivery and mitigate risks.
- Analyze vendor costs, expenses, and pricing structures to identify opportunities for cost savings and optimization. Develop strategies to negotiate favorable pricing terms, consolidate vendor relationships, and implement cost reduction initiatives while maintaining service quality.
- Maintain and nurture strategic vendor relationships at senior management levels; establish a governance structure for managing service delivery and respective deliverables while extracting value-driven outcomes through strategic collaboration.
- Develop and implement vendor development approaches and management plans based on market research and whole of life cost analysis to optimize value for money outcomes.
- Provide expert advice to key stakeholders on all aspects of procurement and the procurement category, to encourage innovative practices and support delivery of process and policy directions.
- Collaborate with internal stakeholders, including procurement, legal, finance, IT, and business units, to align vendor management activities with organizational objectives and priorities. Communicate vendor performance, risks, and opportunities to senior management and key stakeholders to foster alignment and support decision-making and develop a comprehensive vendor acquisition plan and framework.
- Produce and maintain a vendor listing for IT related components.
- Develop, execute, and administer complex contract agreements and communicate with suppliers to ensure proper delivery of required services and meet business needs.
- Communicate with the various departments to understand purchasing needs and ensure the development of a procurement plan accordingly to answer desired needs and requirements.
- Update and review the procurement plan based on the rising priorities and business needs of concerned function heads in coordination with concerned stakeholders.
- Review bid solicitation packages or determine contract agreements awarded after bids have been solicited while serving as a primary agent in expediting contract agreements through the corporate review proceedings.
- Develop and enhance suppliers’ lists, suppliers’ prequalification, and development of forms and requests for proposals.
- Prepare bid invitation letters to suppliers, conduct job explanation meetings, and receive and handle the bids.
- Review bid tabulations for accuracy, supplier recommendation, completeness, and selection of suppliers and ensure all commitments made are accurately presented and have proper approval and signing authorities, as contained in the Procurement Procedures.
- Ensure compliance of all procurement activities with the set Qiddiya procurement policies and procedures.
- Develop and enhance frequent, periodic, accurate, and high-quality reports and ensure complete documentation of procurement activities.
- Draft complex contracts and agreements in consultation with the Procurement Senior Manager and coordination with the user and Legal Division.
- Evaluate and analyze vendor proposals and prepare commercial evaluation reports.
1. Support in the validation of inputs from Development on overall feasibility study and business plan to determineinvestment attractiveness and ability to achieve targeted returns.2. Provide support to relevant stakeholders during the investment phase and assist them in analyzing the businessproposals to identify best business models for potential investments in coordination with the Financial Analysis team.3. Monitor the investment during its lifecycle and identify the impact of potential changes on the originally approvedinvestment plan i.e. increase/decrease in CapEx/OpEx, changes in IRR, effect of slow or delayed projects on keyelements, suggest on risk management etc..4. Help identify Qiddiya’s economic value creation and benefit related to the investment projects.5. Comply with the investment governance processes and guidelines to ensure standardized projects rollout acrossQiddiya.6. Assist in the development of long-term investment plan that will support Qiddiya in achieving its desired objectives.7. Assist in the evaluation and monitoring of projects/investments performance to maximize return on investment.8. Review cash outflow/inflow and determine optimum funding structure/route of funding (internal or external) incollaboration with the Finance team.9. Review contracts and other documents ensuring the financial terms are in compliance with Qiddiya standard, investment analysis and approved budget.
1. Preparation of daily Cash Position - capturing bank balances, daily inflows and outflows to gauge shortfall/ access of funds everyday.
2. Arrangement of ample funds in bank accounts ensuring ample funds to meet business obligation.
3. Preparing medium and long-term cashflows to forecasts liquidity and identify funding gaps.
4. Monthly review meetings with commercial/ project teams to align and challenge the cashflow numbers and variances between actual and forecast to maintain the variance below 5%.Preparation and compliance with Investment Policy and procedures.
5. Conduct monthly analysis and advice avenues for better returns with minimal/ no-risks as per policy.
6. Working Capital Management, ensuring payables (DPO), Revenues (DSO) and inventory (DIO) are at optimal level.
7. Evaluation of strategic financial performance KPls agreed with financial institutions
8. Maintain 95% of available liquidity invested in call account/ Time deposits/ MM Funds.
9. Maintain calculations of profit earned and its reconciliation with the bank balances
10. Structuring effective business model for outflows and inflows to support AP and AR effectively.
11. Bank account management and communication, includes account opening, closing, signatories addition/ deletion and implementation of Bank mandate align with Board direction.
12. Managing day-to-day banking requirements from Accounts Payable/ receivable arrangement and monitoring of funds to meet business obligation
. 13. Support in ad hoc assignments or projects as and when requested by management
Essential Duties and Responsibilities
1- Distribution Channel Management: Build, develop, and maintain a robust pipeline of key prospects. Manage relationships with all leisure travel trade partners, including tour operators, travel agencies, OTAs, and other trade stakeholders ie airlines. Negotiate contracts, develop joint marketing initiatives, and ensure the destination is effectively promoted through their distribution channels.2- Product Development: Collaborate with travel trade partners to develop attractive and marketable travel packages and experiences. Identify opportunities for new product development and work with stakeholders to create unique offerings that align with the destination’s brand and target markets. 3- Trade Shows, Events, and Fam trips: Plan and coordinate the DMO’s participation in trade shows, and industry events, and attend all events. Host familiarization trips for travel trade partners. Engage with key stakeholders, to promote the destination’s attractions, accommodations, and experiences.4- Market Research and Analysis: working closely with the Strategy department, conduct trade market research including leading trade focus groups to identify travel trade trends and competitor activities, to inform trade marketing strategies, and identify growth opportunities.5- Collaborative Partnerships: Establish and maintain strong relationships with travel trade associations, industry partners, and destination marketing organizations. Collaborate on joint marketing initiatives, share best practices, and leverage resources to maximize distribution channels and increase visitor arrivals and spending. 6- Performance Measurement: Develop and implement performance metrics to evaluate the effectiveness of trade marketing. Initiatives analyze performance indicators, such as bookings, revenue, and market share, to measure the success of trade marketing partnerships and campaigns.
7- Team leadership: Whilst initially, this is the first role to be filled within the travel trade department in due course, we anticipate the successful candidate playing a critical role in building and then managing a team. As this evolves, we expect this individual to provide leadership and guidance to the trade marketing and distribution team, fostering a collaborative and innovative work environment. To set clear goals, provide ongoing feedback, and support professional development opportunities for team members.
Essential Duties and Responsibilities
1- Strategy Development: Lead the development & implementation of the DMO’s strategic plan, ensuring alignment with the destination’s goals and objectives. Identify market trends, competitive analysis, and stakeholder input to inform strategic decision-making.2- Destination: Develop & oversee the destination strategy, including positioning, messaging, and target audiences. Collaborate with marketing/trade/VX teams to ensure consistent strategic application and monitoring across all channels.3- Market Research & Analysis: Conduct market research & analysis to identify target markets, visitor demographics, and trends and utilize data-driven insights to inform strategic initiatives and identify growth opportunities.4- Stakeholder Engagement: Engage with key internal and external stakeholders including community stakeholders to ensure the DMOs strategic objectives align.5- Performance Measurement: Develop and implement performance metrics to evaluate the effectiveness of strategic initiatives. Monitor and analyze key performance indicators to measure the success of marketing activity, visitor satisfaction, and economic impact.6- Creating and overseeing DMO strategic reporting.7- Responsibility for managing the ongoing accreditation standards of the DMO.
Qiddiya is currently the world's largest development project and one of the Giga projects under the Public Investment Fund, aiming to be the Destination City for everything related to Sports, Culture & Entertainment for the Kingdom, as part of Saudi Arabia’s Vision 2030.
We are currently looking to hire a Development Manager with experience of Hospitality / Mixed-use / Entertainment assets to over see the development process within one of Qiddiya's most exciting districts.
Qiddiya is currently the world's largest development project and one of the Giga projects under the Public Investment Fund, aiming to be the Destination City for everything related to Sports, Culture & Entertainment for the Kingdom, as part of Saudi Arabia’s Vision 2030.
We are currently looking to hire a Development Director with experience of Hospitality / Mixed-use / Entertainment assets to over see the development process within one of Qiddiya's most exciting districts.
Job Summary:
The Senior Manager - Safety, Security, & Compliance will ensure the alignment of Parks and Attractions safety, security and compliance standards. They will develop incident management framework including reporting, investigation, reporting, trend analysis and preventative planning. They will ensure that third party operators' processes, training programs, and training materials are aligned with the operating agreements and Qiddiya internal standards. They ensure guest experience is safe, secure and in compliance with all local regulations.
Responsibilities:
- Execute an efficient auditing program and validate operation contents and changes with relevant laws, rules and regulations, and applicable standards, and by delivering efficient and top-quality service support to Parks and Attractions division.
- Administering and sustaining the Incident Reporting program for Parks and Attractions division to ensure timely and accurate recording of incidents and follow-ups to prevent or reduce potential hazards.
- Provide training and guiding use of applicable systems and processes in partnership with HSE teams and several other Divisions and Departments to ensure consistency and an highly effective program.
- Conduct the appropriate investigations to reinforce current and future practices and procedures.
- Supporting the entire Parks and Attractions division and the corresponding teams of QIC ensuring that all outputs comply with relevant regulations, industry standards, and international policies.
- Provide recurring reports to the relevant Parks and Attractions teams for statistical study and analysis representing QPO in order to enhance overall safety and compliance performance of the division and assets.
- Work closely with Legal team concerning risk management and claims, as well as regulatory agencies at the appropriate level as needed to best position the company and division wherever possible.
- Serve as conduit between QIC and Parks and Attractions asset security teams to ensure coordination internally and externally with local emergency services.
- Oversee emergency response planning for assets, zones, attractions and rides.
- Participate in planning and execution of regular joint-force emergency response drills and tabletop exercises.
Qiddiya is currently the world's largest development project and one of the Giga projects under the Public Investment Fund, aiming to be the Destination City for everything related to Sports, Culture & Entertainment for the Kingdom, as part of Saudi Arabia’s Vision 2030.
We are currently looking to hire a Development Senior Manager with experience of Hospitality / Mixed-use assets to over see the development process within one of Qiddiya's most exciting districts.
