Senior Financial Analyst

Foodics; Riyadh; On-site; SAR 60,000 - 100,000; Full time

Job summary

Join a dynamic finance team at a leading restaurant management provider in the MENA region. As a Senior Financial Analyst, you'll drive financial analysis, reporting, and strategic decision-making in a fast-paced SaaS environment. Collaborate with cross-functional teams to provide insights that support growth, manage financial models, and enhance reporting processes. This role offers a unique opportunity to work in a diverse team and contribute to the success of innovative products in over 35 countries. If you're passionate about financial analysis and SaaS metrics, this is the perfect opportunity for you.

Benefits

Highly competitive compensation packages

Bonuses and potential for shares

Regular training and learning stipend

Autonomy and mentoring

Qualifications

• 5+ years of experience in financial analysis, especially in SaaS.
• Strong understanding of SaaS business models and financial metrics.

Responsibilities

• Lead budgeting and forecasting processes with SaaS metrics.
• Analyze financial performance and provide actionable recommendations.
• Partner with teams to guide business strategies with financial insights.

Skills

Financial Analysis

SaaS Metrics

Financial Modeling

Budgeting

Forecasting

Excel Proficiency

Education

Bachelor's in Finance

Bachelor's in Accounting

Bachelor's in Economics

Tools

NetSuite

Salesforce

Job description

Who Are We

We Are Foodics! A leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarters in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan, and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far! Making Foodics one of the most rapidly evolving SaaS companies to emerge from the MENA region. Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.

The Job in a Nutshell

We are seeking an experienced Senior Financial Analyst with a strong background in SaaS companies to join our dynamic finance team. As a Senior Financial Analyst, you will play a critical role in driving financial analysis, reporting, forecasting, and strategic decision-making across the organization. You will collaborate with cross-functional teams to provide actionable insights that support our continued growth in the fast-paced SaaS environment.

What Will You Do

Financial Planning & Analysis (FP&A):

• Lead the annual budgeting and forecasting process, including building financial models and tracking key performance indicators (KPIs) specific to SaaS metrics (e.g., ARR, MRR, churn, customer acquisition cost, lifetime value, etc.)
• Analyze financial performance versus budget and forecast, providing clear and actionable recommendations to management
• Develop and manage financial models to support key decision-making processes, including scenario analysis and business case evaluations

SaaS Metrics & Reporting:

• Own the monthly, quarterly, and annual financial reporting cycles, ensuring timely and accurate reporting of P&L, balance sheet, cash flow, and key SaaS metrics
• Produce detailed financial analysis and reports on SaaS-specific KPIs (e.g., Monthly Recurring Revenue (MRR), Average Revenue per User (ARPU), Customer Lifetime Value (LTV), Churn, etc.)
• Present and communicate financial insights to senior leadership, board members, and other stakeholders in a clear and actionable manner

Cost Management & Profitability Analysis:

• Conduct profitability and unit economics analysis, focusing on customer acquisition costs, customer lifetime value, and margin optimization
• Evaluate operational costs across the organization to identify areas for efficiency improvement and cost-saving opportunities

Strategic Business Partnering:

• Partner with Sales, Marketing, and Product teams to provide financial insights that guide business strategies and improve business outcomes
• Work closely with leadership to assess the financial implications of business decisions and new initiatives, particularly in relation to scaling the SaaS business model

Financial Systems & Tools:

• Utilize and enhance financial systems and tools (e.g., NetSuite, Salesforce, etc.) to automate reporting and improve the efficiency of financial processes
• Ensure data integrity, proper financial controls, and compliance with accounting standards and regulations

Ad-hoc Analysis:

• Provide ad-hoc financial analysis and reporting to support business cases, investment opportunities, and strategic initiatives
• Assist with due diligence and financial modeling for mergers, acquisitions, and fundraising activities

What Are We Looking For

• Bachelor's degree in finance, Accounting, Economics, or related field
• 5+ years of experience in financial analysis, with a minimum of 2-3 years of experience in SaaS companies
• Strong understanding of SaaS business models, financial metrics, and KPIs (e.g., ARR, MRR, CAC, LTV, etc.)
• Proficiency in financial modeling, forecasting, and budgeting, with advanced Excel skills

What We Offer You
We believe you will love working at Foodics!

• Highly competitive compensation packages, including bonuses and the potential for shares
• Regular training and an annual learning stipend to foster personal development
• Be part of a talented team of over 30 nationalities working across 14 countries, gaining valuable industry experience
• Autonomy, mentoring, and challenging goals that create growth opportunities for you and the company