Subsidiaries Management, Section Head at SPIMACO

Municipality of Al Shamal, Riyadh Region, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

27 Jun, 26

Salary

0.0

Posted On

29 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Team Development, Strategic Alignment, Operational Effectiveness, Mentoring, Performance Monitoring, Budget Preparation, Financial Reporting, Governance Procedures, Compliance, Investment Portfolio Management, Risk Mitigation, Due Diligence, Crisis Management, Leadership, Communication, Flexibility

Industry

Pharmaceutical Manufacturing

Description

At SPIMACO, we believe that diversity is our strength and inclusion is our culture. We are committed to providing equal opportunities for all, creating a workplace where everyone can succeed. As part of our People & Culture vision, we foster an environment built on respect, fairness, and inclusion. We celebrate the different perspectives, backgrounds, and experiences that make us more innovative and empower every team member to learn, grow, and make an impact. Our commitment is to empower every individual to reach their full potential and contribute to our mission of improving lives through innovation and excellence in the pharmaceutical industry. Together, we ensure a workplace where everyone feels respected, heard, and inspired to make a difference. Main Purpose of the Job : Oversee a critical segment, steering its strategic alignment and operational effectiveness. Lead team development, drive key initiatives, and ensure departmental objectives align with organizational goals while enhancing cross-functional collaboration. Strategic Responsibilities : Lead a specific section or unit, ensuring strategic and operational efficiency. Develop and implement tactical plans aligned with departmental goals. Manage, mentor, and support staff within the section. Monitor section performance and adjust strategies when necessary. Foster a positive, productive, and collaborative work environment. Functional Responsibilities : Supervise subsidiary performance tracking to ensure alignment with approved financial and operational targets. Oversee financial and operational performance of subsidiaries to ensure sustainable profitability and growth. Coordinate budget preparation and financial reporting across subsidiary entities. Implement governance procedures to ensure compliance with corporate and regulatory requirements. Review operational reports and escalate performance gaps to executive management. Monitor investment portfolio activities to support profitability and risk mitigation. Facilitate communication between subsidiaries and corporate functions to streamline decision-making. Track KPIs and prepare consolidated performance dashboards for leadership. Support due diligence for new investments, partnerships, or restructuring initiatives. Review and monitor subsidiary investment performance. Evaluate investment opportunities, partnerships, and restructuring proposals to maximize shareholder value. Identify financial, operational, and strategic risks at the subsidiary level. Assess early warning indicators such as: Liquidity stress Covenant breaches Governance or compliance gaps Support crisis management and recovery planning for distressed subsidiaries. Ensure subsidiaries comply with regulatory, financial, and corporate governance standards. Qualifications & Experience : Qualifications Required: Bachelor’s degree in a relevant field. Preferred: Master’s degree Professional certification in a relevant field Experience: Required: Minimum of 9 years of experience. Preferred: At least 3 years in a mid‑management role. Languages: Required: English – proficient Preferred: Arabic – proficient Leadership Competencies : Guidance & Direction Ability to Influence Team Engagement & Development Effective Communication Flexibility Technical Competencies: As per the Technical Competencies Library. .

Responsibilities

The main purpose involves overseeing a critical segment, ensuring its strategic alignment and operational effectiveness by leading team development and driving key initiatives. Functionally, the role supervises subsidiary performance tracking, oversees financial and operational results, coordinates budgeting, and implements governance procedures.