Job Title: Financial Planning and Analysis Manager
Location: Riyadh, Saudi Arabia
Industry: Food and Beverage Manufacturing & Retail
Position Overview
The FP&A Manager is responsible for overseeing the preparation of timely and accurate financial reports, consolidating financial information across multiple business units and entities, and ensuring compliance with applicable accounting standards. The role is instrumental in maintaining the accuracy and integrity of financial data, producing consolidated financial statements, and delivering valuable financial insights to support strategic business decisions.
Key Responsibilities
- Lead the annual budgeting cycle by partnering with department heads to establish budget assumptions, revenue projections, and expense plans.
- Oversee the preparation of monthly and quarterly forecast updates, ensuring financial plans remain accurate while analyzing and explaining any variances from the approved budget.
- Prepare and present monthly, quarterly, and annual financial reports, including profit and loss statements at the company, business division, channel, and showroom levels.
- Design and maintain executive dashboards and KPI reports to monitor business performance, identify trends, and highlight potential risks.
- Perform detailed variance analysis by comparing actual financial results against budgets and forecasts, providing clear insights into key performance drivers.
- Develop and maintain financial models to evaluate business opportunities, investment proposals, and cost optimization initiatives.
- Collaborate with senior management on long-term financial planning by preparing multi-year forecasts aligned with the company's strategic objectives.
- Provide financial analysis, ROI assessments, and data-driven recommendations to support decision-making for projects, new product launches, and business expansion plans.
- Identify and implement process improvements to enhance the efficiency, accuracy, and effectiveness of financial planning and reporting activities.
- Support the implementation, enhancement, and optimization of financial planning systems and tools to improve reporting quality, speed, and analytical capabilities.
Qualifications & Skills
- Advanced financial modeling and analytical skills with strong proficiency in Microsoft Excel.
- Minimum of 6 years of experience in Financial Planning & Analysis, including at least 2 years in a leadership role, preferably within fast-growing FMCG organizations.
- Excellent communication, presentation, and stakeholder management skills, with the ability to explain complex financial information clearly.
- Hands-on experience with data visualization platforms such as Power BI.
- Bachelor's degree in Accounting (B.Com), with a professional qualification such as CA, CMA, ACCA, or an MBA in Finance preferred.
- Working knowledge of Business Intelligence tools and Microsoft Dynamics 365.
- Experience using financial planning and performance management solutions such as Hyperion, Adaptive Insights, or similar platforms.
- Fluent in both Arabic and English, with excellent verbal and written communication skills.
- Saudi National with a valid national ID.
