Accounting, Finance
Financial Planning & Analysis Manager – Riyadh, Saudi Arabia
Role Summary: The Financial Planning and Analysis (FP&A) Manager plays a crucial role in providing financial insights and support for strategic decision-making within the organization. The FP&A Manager is responsible for overseeing budgeting, forecasting, financial analysis, and reporting activities. They collaborate with various departments to provide actionable insights and recommendations to optimize financial performance and achieve business objectives.
Business Industry: Event Production
Location: Riyadh, Saudi Arabia
Reporting Channel: CFO
Supervising: A team of professionals
Main Duties and Responsibilities:
• Develop and manage the annual budgeting process in collaboration with department heads and senior management.
• Create detailed financial forecasts based on historical data, market trends, and business projections.
• Monitor budget variances and provide explanations and recommendations to ensure alignment with financial goals.
• Conduct thorough financial analysis to support strategic decision-making and identify areas for improvement.
• Analyze key performance indicators (KPIs) and financial metrics to assess business performance and profitability.
• Prepare ad-hoc financial reports and presentations for senior management and stakeholders.
• Develop complex financial models to support long-term strategic planning, scenario analysis, and investment decisions.
• Evaluate the financial feasibility of potential projects, acquisitions, or investments through scenario modeling and sensitivity analysis.
• Prepare and distribute regular financial reports, including monthly/quarterly financial statements, variance analysis, and performance dashboards.
• Present financial results and insights to senior management, highlighting key trends, risks, and opportunities.
• Collaborate with accounting teams to ensure accurate and timely financial reporting in compliance with regulatory requirements.
• Provide financial expertise and insights to support strategic initiatives, business expansion, and operational improvements.
• Partner with cross-functional teams to assess the financial impact of strategic decisions and develop actionable recommendations.
• Conduct market research and competitive analysis to inform strategic planning and business development efforts.
• Identify opportunities to streamline financial processes, improve efficiency, and enhance data integrity.
• Implement best practices in financial planning, analysis, and reporting to drive continuous improvement.
• Leverage technology and financial systems to automate routine tasks and enhance analytical capabilities.
Qualifications:
• Bachelor’s degree in Finance, Accounting, Economics, or related field
• MBA and CPA/CFA certification preferred.
• Proven managerial experience in financial planning and analysis roles, preferably in a corporate finance or FP&A environment.
• Strong analytical skills with proficiency in financial modeling, forecasting, and variance analysis.
• Advanced proficiency in Microsoft Excel and financial software/tools (e.g., ERP systems, BI platforms).
• Excellent communication and presentation skills, with the ability to distill complex financial concepts into clear, actionable insights.
• Strategic mindset with the ability to think critically and contribute to business strategy development.
• Detail-oriented with a commitment to accuracy and data integrity.
• Ability to work effectively in a fast-paced environment, prioritize tasks, and meet deadlines.
• Strong interpersonal skills with the ability to collaborate cross-functionally and influence decision-makers at all levels of the organization.
