Job Title:
Financial Planning and Analysis Manager
Job Purpose:
Lead Sector-wide financial planning, forecasting, budgeting, performance management, and investment analysis activities across the E&C Sector, subsidiaries, and Joint Ventures. Partner with business and functional leaders to translate strategic priorities into financial plans, evaluate investment opportunities, monitor business performance, and provide actionable insights that support executive decision-making, value creation, financial sustainability, and long-term growth.
Accountabilities:
Financial Planning, Budgeting & Forecast Governance
- Lead and govern the annual budgeting, long-range planning, and rolling forecast processes across the E&C Sector, subsidiaries, and Joint Ventures.
- Establish budgeting methodologies, planning assumptions, financial calendars, templates, and governance standards to ensure consistency and accuracy across all entities.
- Review, challenge, and consolidate business unit budgets and forecasts to ensure alignment with Sector strategic objectives and financial targets.
- Oversee quarterly rolling forecasts and provide visibility on expected year-end performance, risks, and opportunities.
- Monitor adherence to approved budgets and support management in evaluating budget reallocations and revisions.
Strategic Financial Planning & Investment Governance
- Lead financial evaluation and governance of strategic initiatives, investment opportunities, capital expenditures, acquisitions, Joint Ventures, and business expansion opportunities.
- Review and validate business cases, feasibility studies, ROI assessments, and financial models to support executive and Board-level decision-making.
- Establish financial evaluation frameworks and investment criteria to ensure consistency in capital allocation decisions across the Sector.
- Support the Sector CFO and executive leadership in assessing funding requirements, financing structures, and long-term value creation opportunities.
Performance Management & Financial Analysis
- Monitor Sector, subsidiary, and JV financial performance against approved budgets, forecasts, and strategic objectives.
- Lead variance analysis, trend assessments, risk identification, and performance reviews, providing actionable recommendations to management.
- Develop and maintain Sector-wide financial performance dashboards, scorecards, and KPI frameworks.
- Analyze profitability, margins, cash generation, working capital performance, and return on invested capital across business units.
Executive Reporting & Governance
- Lead the preparation and consolidation of monthly, quarterly, and annual management reports, executive dashboards, and Board presentations.
- Provide financial insights and recommendations to the Sector CFO, Sector CEO, and executive leadership team to support strategic decision-making.
- Coordinate financial reviews with subsidiaries and Joint Ventures to ensure transparency, accountability, and alignment with Sector objectives.
- Ensure timely submission and quality assurance of financial planning and performance reports required by Corporate Finance and executive management.
Financial Control & Decision Support
- Govern the budgetary control framework by monitoring financial commitments, expenditure trends, and budget utilization across the Sector.
- Review significant financial assumptions, project profitability analyses, pricing models, and investment proposals to ensure compliance with approved financial targets and risk parameters.
- Partner with Treasury, Commercial, Operations, and Business Units to evaluate financial implications of major business decisions.
- Support the development of financial scenarios, sensitivity analyses, and strategic planning models to assess risks and opportunities.
Business Partnering & Functional Leadership
- Act as the Sector FP&A focal point and provide financial planning guidance, methodologies, and governance support to Finance Business Partners and subsidiary finance teams.
- Drive standardization of financial planning, forecasting, reporting, and performance management practices across the Sector.
- Facilitate alignment between Finance, Operations, Commercial, PMO, and executive leadership to ensure financial objectives are embedded within business plans.
- Promote continuous improvement in financial planning processes, reporting automation, data quality, and analytical capabilities.
Compliance, Policies & Continuous Improvement
- Ensure compliance with Group Finance policies, financial planning standards, governance frameworks, and reporting requirements.
- Establish and maintain robust financial planning controls, data integrity standards, and documentation procedures.
- Identify opportunities to enhance financial planning processes, reporting efficiency, forecasting accuracy, and decision-support capabilities through technology and best practices.
- Lead ad-hoc financial analyses, strategic studies, and special projects as requested by the Sector CFO, Sector CEO, or Board of Directors.
Job Requirements:
- Years of experience: 10–15 years of experience in FP&A, corporate finance, or financial strategy,
Minimum 5 years in managerial or leadership roles.
- Academic Qualifications: Bachelor's Degree in Finance, Accounting, Economics, or related field.
MBA or Master's Degree is preferred.
- Professional Certificates: CMA, CFA, ACCA, CPA, or MBA preferred.
- Language proficiency: English, Arabic
- Computer skills:
- Advanced Financial Modeling.
- Excel Expert.
- Power BI.
- ERP Systems.
- Planning & Budgeting Tools.
