Assistant Manager Financial Planning&Analysis-Great Opportunity for Saudi Nationals

Saudi Petroleum Services Polytechnic; Jeddah; On-site; SAR 75,000 - 90,000; Full time

Job summary

A leading company in Saudi Arabia is seeking an Assistant Manager for Financial Planning & Analysis. This role involves overseeing financial planning, budgeting, and reporting activities, collaborating with cross-functional teams to support strategic decision-making. The ideal candidate will have a strong background in finance and excellent communication skills, contributing to the organization’s financial performance in a dynamic environment.

Qualifications

• 3-5 years of experience in a manufacturing environment controlling role.
• Proven ability to collaborate with Sales and project controlling teams.

Responsibilities

• Oversee financial planning, budgeting, forecasting, and reporting activities.
• Conduct regular variance analysis to identify deviations from forecasts.
• Execute monthly financial reporting activities, including forecast loads.

Skills

Collaboration

Communication

Analytical Skills

Leadership

Education

Degree in accounting

Degree in finance

Degree in business administration

Tools

ERP systems

SAP

Job description

Assistant Manager Financial Planning & Analysis – Saudi Arabia/Jeddah

At Siemens, we believe in the transformative power of a Digital Portfolio. Our Smart Infrastructure combines Digital Power Distribution and Digital Building Infrastructure technologies, enabling our customers to enjoy intuitive buildings that are comfortable, safe, secure, and energy-efficient.

We seek a dynamic and experienced Assistant Manager Financial Planning & Analysis to join our team in Saudi Arabia. In this role, you will oversee financial planning, budgeting, forecasting, and reporting activities across the KSA region. You will work closely with cross-functional teams to provide valuable insights, ensure financial accuracy, and support strategic decision-making. This opportunity allows you to contribute to the financial performance and strategic goals of our organization in a dynamic, multinational environment.

Your Role - Challenging and Future-Oriented:

Financial Planning:

• Support reporting and controlling of the budgeting and forecasting process for the KSA business.
• Maintain and update budget and forecast figures for revenue, P&L, balance sheet, and free cash flow using official reporting tools.
• Conduct regular variance analysis to identify and explain deviations from financial forecasts.
• Prepare depreciation forecasts based on installed assets and CAPEX planning.

Financial Reporting:

• Execute monthly financial reporting activities, including forecast loads and flash reports.
• Perform detailed analysis of SG&A, oCoGS, and other key financial indicators.
• Coordinate with relevant stakeholders to provide insights and variance explanations for all financial KPIs.

Additional Responsibilities:

• Provide on-demand ad hoc financial analysis to support strategic decisions.
• Assist leadership with preparing presentations and special financial projects.
• Act as an internal control assessor, ensuring compliance with risk and internal control frameworks.

Your Qualifications and Skills - Digital and Solid:

• 3-5 years of proven experience in a manufacturing environment controlling role.
• Degree in accounting, finance, business administration, or a related field.
• Proven ability to collaborate with Sales, technical business managers, and project controlling teams during contract negotiations and execution.
• Excellent communication and collaboration skills, with the ability to work effectively with internal and external stakeholders.
• Strong understanding of ERP systems (e.g., SAP) and experience in driving digitization and automation of financial processes.
• Strong analytical and leadership skills, with a focus on managing financial performance and customer satisfaction.

What else do you need to know?

As a world leader in developing and producing advanced engineering technologies, we aim to improve lives and further human achievements worldwide, while protecting the climate — all thanks to our employees. Working with us provides a foundation for personal and professional development. We offer you the chance to make a meaningful impact that benefits society and human progress.

Diversity at Siemens fuels our creativity and innovation. Different talents and experiences make us more ambitious and better equipped to meet societal demands. We value candidates who reflect the diversity of our company. More information can be found at www.siemens.com.

At Siemens, we are committed to building a better future. We seek the most innovative and diverse Digital Minds to develop tomorrow’s reality. Learn more about Siemens' digital world here:

We look forward to receiving your online application. Please note: Only complete applications will be considered in the selection process.