Financial Planning and Analysis Manager

Position Summary

The Financial Planning and Analysis (FP&A) Manager role, based in Riyadh within the food and beverage manufacturing and retail sector, focuses on managing the creation of accurate, timely financial reports while integrating financial data from multiple business units and entities. This position plays a key part in upholding financial data integrity, consolidating financial statements, and providing impactful financial insights that aid strategic business decision-making.

Key Responsibilities

• Steer the yearly budgeting process, collaborating with department leads to define budget assumptions, revenue estimates, and expenditure plans.
• Manage monthly and quarterly forecast updates, ensuring budgets remain precise and analyzing deviations with explanations.
• Compile and deliver comprehensive financial reports periodically including profit and loss metrics at different levels such as company, division, channel, and showroom.
• Create and maintain executive dashboards and key performance indicator (KPI) reports to track business performance, detect trends, and pinpoint risks.
• Conduct in-depth variance analyses comparing actual vs budgeted and forecasted outcomes to offer insights on performance drivers.
• Develop and update financial models to assess business opportunities, evaluate investments, and support cost-saving strategies.
• Partner with senior leadership in long-term financial forecasting aligned with organizational strategic plans.
• Provide financial evaluation, return on investment analyses, and recommendations leveraging data for projects, new product introductions, and expansion efforts.
• Drive process enhancements to improve the precision, efficiency, and impact of financial planning and reporting workflows.
• Assist in implementing and optimizing financial planning systems and technological tools to enhance reporting quality and analytic capabilities.

Required Qualifications and Skills

• Expertise in advanced financial modeling and analytics, with high proficiency in Microsoft Excel.
• At least 6 years of experience in FP&A roles, including a minimum of 2 years leadership within fast-growing FMCG sectors.
• Strong skills in communication, presentations, and stakeholder engagement, capable of simplifying complex financial concepts.
• Practical use of data visualization tools such as Power BI.
• Bachelor's degree in Accounting (B.Com), complemented by professional certifications like CA, CMA, ACCA, or an MBA in Finance is preferred.
• Familiarity with Business Intelligence platforms and Microsoft Dynamics 365.
• Experience with financial planning/performance management technologies including Hyperion, Adaptive Insights, or similar solutions.
• Fluent in both Arabic and English, with adept verbal and written communication.
• Must be a Saudi national holding a valid national identification card.