- Multinational pharmaceutical brand growing into the KSA market
- Opportunity to grow the finance department and wider business in the Middle East
About Our Client
Alfasigma is a global pharmaceutical organisation with a strong European heritage and a portfolio of branded prescription products. The company is expanding its footprint in the Kingdom of Saudi Arabia, focusing primarily on Gastroenterology, vascular and Consumer/Primary Care segments, with additional product launches planned in the near future.
Job Description
Financial Planning & Analysis
- Lead annual budget, forecast, and long-range planning processes.
- Consolidate P&L statements across product lines (e.g., Gastroenterology, Vascular, Supplements).
- Analyse sales, gross margin, operating expenses, and provide variance analysis vs. budget/forecast.
- Support management in evaluating strategic options (e.g., direct affiliate setup, agency model, distributor negotiations).
Business Partnering
- Provide financial insights to Country Manager, and cross-functional teams (Sales, Marketing, Regulatory, Medical).
- Support commercial teams in pricing, discounting, and profitability analyses.
- Partner with Supply Chain on inventory management, demand forecasting, and cost optimisation.
- Support evaluation of new product launches, business cases, and BD/licensing opportunities.
Reporting & Performance Management
- Prepare monthly management reports (local + HQ format) including key KPIs and commentaries.
- Ensure accuracy and timeliness of financial submissions to Regional/Global Finance.
- Track distributor/partner financials (commission, rebates, margins) for transparency.
- Develop dashboards and analytical tools to support business reviews.
Governance, Risk & Compliance
- Ensure compliance with the KSA tax, accounting, and regulatory frameworks.
- Support statutory, audits (internal and external), tax filings, and external reporting requirements.Implement and maintain strong internal controls in line with company policies.
- Proactively identify financial risks and recommend mitigation strategies.
The Successful Applicant
- Bachelor's degree in accounting, Finance, or Business (CPA, CMA, or MBA preferred).
- Progressive Finance experience, ideally in the pharmaceutical, medical devices or other consumer driven sector
- Solid experience in FP&A (Financial Planning & Analysis), controlling, or commercial finance.
- Strong knowledge of the KSA tax laws, IFRS, and local accounting standards.
- Experience in SAP/ERP systems and advanced Excel/financial modelling skills.
- Experience in building a finance and accounting function from scratch would be highly beneficial
Skills & Competencies
- Strong analytical and problem-solving skills with attention to detail.
- Ability to translate complex financial data into actionable insights.
- Business partnering mindset with strong communication and influencing skills.
- Ability to manage multiple priorities and deadlines.
- High integrity, accountability, and compliance orientation.
What's on Offer
- Competitive salary package
- Comprehensive benefits package including schooling, annual bonus and medical insurance
- Opportunity to join a growing pharma business in KSA
Contact: Jack McGonigle
Quote job ref: JN-022026-6949424