Overview
Portfolio Control Senior Manager Jobs in Riyadh, Saudi Arabia at Takamol Holding
Job Description
The Project Portfolio Management (PPM) Senior Manager is responsible for leading and institutionalizing enterprise-wide portfolio management practices, ensuring all initiatives are strategically aligned, financially governed, and executed with full transparency. This role acts as a critical bridge between strategy and execution, ensuring that strategic priorities are translated into a governed, optimized, and value‑driven portfolio of initiatives. It will drive the transformation from fragmented project execution into a structured, data‑driven portfolio model, addressing key challenges such as inconsistent demand intake, lack of project classification, limited financial visibility, and weak governance enforcement.
Key Responsibilities
- Strategic Planning, Direction & Alignment
- Partner with executive leadership to support the development and refinement of organizational strategy
- Ensure clear linkage between strategy, initiatives, and measurable business outcomes
- Establish mechanisms to continuously align portfolio execution with evolving strategic priorities
- Lead strategic planning cycles from a portfolio perspective (initiative shaping, sequencing, and dependencies)
- Define and govern strategic KPIs and value realization frameworks across the portfolio
- Portfolio Strategy & Governance
- Define and lead the enterprise-wide PPM framework, standards, and operating model
- Translate strategic objectives into a structured and governed project portfolio
- Establish portfolio segmentation (e.g., strategic, regulatory, operational, innovation)
- Ensure alignment between portfolio investments and organizational strategy
- Demand Management & Intake Control
- Design and enforce a centralized demand intake and approval process
- Institutionalize project classification standards (project vs. BAU vs. enhancement)
- Ensure all requests are captured through a unified platform (eliminating shadow processes)
- Ensure all initiatives are uniquely identified and tracked
- Portfolio Prioritization & Optimization
- Establish and govern a standardized prioritization model (value, cost, risk, dependencies)
- Lead portfolio planning cycles and continuous reprioritization
- Optimize resource allocation across competing initiatives
- Manage trade‑offs and scenario analysis at portfolio level
- Financial Governance & Value Realization
- Own portfolio‑level financial oversight, including budget alignment and tracking
- Ensure project‑level budget visibility and linkage to financial systems
- Monitor financial performance (actuals vs. forecast vs. approved budgets)
- Drive benefits realization tracking and value measurement
- Governance & Performance Management
- Define and enforce portfolio governance frameworks, stage gates, and approval workflows
- Define portfolio KPIs, SLAs, and performance metrics
- Establish executive‑level dashboards and reporting standards
- Provide actionable insights on portfolio health, risks, and dependencies
- Escalate and manage underperforming or at‑risk initiatives
- Tools, Data & Systems Integration
- Lead the implementation and governance of PPM tools and platforms
- Ensure integration across systems (e.g., Jira, ERP, procurement systems)
- Eliminate duplication and enforce a single source of truth
- Standardize project structures (WBS, PO linkage, renewals, etc.)
- Reporting & Executive Insights
- Provide executive dashboards and portfolio insights (status, risks, financials, dependencies)
- Enable data‑driven decision‑making through accurate and timely reporting
- Communicate portfolio health to senior leadership
- Continuous Improvement & Maturity Development
- Assess current maturity and define a PPM maturity roadmap
- Benchmark against best practices (e.g., PMI, Axelos)
- Continuously refine governance, processes, and performance frameworks
- Lead transformation initiatives to enhance portfolio effectiveness
Qualifications
- Bachelor’s or Master’s degree in Business, IT, Engineering, or a related field
- Master’s degree or MBA with a technology management or digital strategy focus (preferred)
Experience
- 10–15+ years of experience in Project, Program, or Portfolio Management
- Proven experience in establishing or transforming PPM functions at enterprise level
- Demonstrated experience developing or…
Title: Portfolio Control Senior Manager
Company: Takamol Holding
Location: Riyadh, Saudi Arabia
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