Project Studies Specialist

About the Role

Development Works Company is seeking a skilled Project Studies Specialist to join their expanding team in Riyadh. This position focuses on preparing detailed technical, financial, and commercial analyses for Operation, Maintenance, and Facility Management projects. The selected candidate will support business development efforts and contribute significantly to the success of tender bids.

Primary Responsibilities

• Conduct comprehensive feasibility studies—technical, financial, and commercial—for O&M and Facility Management initiatives.
• Perform detailed market research including competitor analysis and evaluation of market needs.
• Build complex financial models covering Cash Flow projections, Net Present Value (NPV), Internal Rate of Return (IRR), break-even points, and overall project profitability.
• Undertake risk evaluation and sensitivity analyses to inform strategic decisions.
• Assist in preparing precise tender submissions with accurate financial and commercial components.
• Generate budget performance reports along with variance assessments.
• Liaise with governmental and regulatory agencies when necessary to ensure compliance and coordination.
• Create executive-level presentations and reports for management and key stakeholders.

Qualifications and Experience

• Bachelor’s degree in Engineering, Business Administration, Finance, or Accounting.
• Between 3 to 7 years of pertinent experience in feasibility studies, financial analysis, project planning, or bid management, ideally within the Operation & Maintenance, Facility Management, or Cleaning Services sectors.

Technical Proficiencies

• Advanced expertise in Microsoft Excel for complex financial modeling.
• Proficient with Microsoft Word and PowerPoint.
• Strong analytical and quantitative aptitude.

Personal Attributes

• Excellent problem-solving and analytical thinking skills.
• Effective communication and presentation capabilities.
• Meticulous attention to detail and commitment to accuracy.
• Proven ability to handle multiple projects simultaneously under tight deadlines.

Reporting Structure

This role will report administratively to the Chief Financial Officer or General Manager aligned with the company's hierarchy.