Finance Manager

ALBAIK Food Systems Co.; Jeddah; On-site; SAR 360,000 - 700,000; Full time

Job summary

ALBAIK Food Systems Co. is seeking a Lead Financial Planning and Analysis professional to drive budgeting, forecasting, and long-term financial planning from its Corporate Office in Jeddah.

You will build robust financial models, reporting systems, and enable commercial teams with strategic financial insight. The role partners with Sales, Marketing, Operations, and Supply Chain to optimize resource allocation and profitability, while mentoring the finance team and ensuring governance compliance

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or related field.
• More than 10 years in corporate finance, FP&A, or business finance with at least 4 years in a leadership role.
• Strong budgeting, forecasting, modelling, and performance analysis experience.
• Experience in QSR, food & beverage, retail, or multi-branch businesses preferred.
• Franchise or licensing model experience is a strong advantage.
• Proven ability to build financial models and reporting systems from ground up.
• Experience leading a finance function through growth or structural change.
• Demonstrated business-partnering ability to influence commercial and operational decisions beyond reporting.
• Advanced Excel skills; ERP and BI tools experience valuable.
• Professional certification preferred (CFA, CMA, CPA, FMVA, FPAC).

Responsibilities

• Lead financial planning, budgeting, forecasting, and long-term financial planning.
• Develop financial framework for licensed business including royalty/fee modelling and P&L structures.
• Develop business cases for expansion opportunities across markets and channels.
• Define investment appraisal standards: payback, ROI, hurdle rates.
• Assess market/cost/competitor dynamics affecting margins and advise actions.
• Own financial performance reporting across all markets vs budgets/forecasts.
• Build and maintain financial reporting and modelling systems (P&L models, dashboards).
• Analyze performance, trends and indicators to drive corrective actions.
• Prepare management reports, projections, and board presentations.
• Lead cash-flow planning, cost optimization and profitability improvements.
• Partner with Sales, Marketing, Operations, and Supply Chain to improve financial performance.
• Develop the finance team through hiring, coaching, and governance compliance.

Skills

Budgeting

Forecasting

Financial modelling

Performance analysis

Business partnering

Leadership

Stakeholder management

Advanced Excel

Education

Bachelor’s degree in Finance/Economics/Accounting or related field

Professional certifications (CFA/CMA/CPA/FMVA/FPAC) preferred

Tools

ERP systems

BI tools

Job description

Lead financial planning and analysis across the business and all licensed markets from the Corporate Office in Jeddah. The role will build financial models and reporting systems that provide management and partners with a clear view of performance, develop the finance team’s commercial capabilities, and act as the financial partner to commercial and operational teams on growth, expansion, and profitability decisions.

Key Responsibilities:

1. 1. Lead financial planning, budgeting, forecasting, and long-term financial planning in alignment with overall business objectives.
2. 2. Develop the financial framework for the licensed business, including royalty and fee modelling, partner-level P&L structures, target-setting methodologies, and profitability thresholds.
3. 3. Develop business cases for expansion opportunities, including new markets, stores, sales channels, and partner arrangements.
4. 4. Define and apply consistent investment appraisal standards, including payback periods, ROI, and hurdle rates.
5. 5. Assess market, cost, and competitor dynamics affecting margins and recommend where the business should protect, invest, or restructure.
6. 6. Own financial performance reporting across the business and all licensed markets against approved budgets and forecasts.
7. 7. Build and maintain financial reporting and modelling systems, including P&L models, dashboards, forecasting tools, and reporting templates, while ensuring timely and consistent data submission.
8. 8. Analyze financial performance, business trends, and key indicators to identify risks and opportunities and drive corrective action plans with responsible stakeholders.
9. 9. Prepare management reports, financial projections, and performance presentations for senior management, the Board, and partner business reviews.
10. 10. Lead cash-flow planning, cost optimization, and profitability improvement initiatives.
11. 11. Partner with Sales, Marketing, Operations, and Supply Chain to improve financial performance, optimize resource allocation, and evaluate commercial plans before commitment.
12. 12. Develop the finance team through hiring, coaching, and planning while ensuring compliance with financial policies, governance requirements, internal controls, and license agreement obligations.

Qualifications:

• * Bachelor’s degree in Finance, Economics, Accounting, or a related field.
• * More than 10 years of experience in corporate finance, FP&A, or business finance, including at least 4 years in a managerial or leadership role.
• * Strong experience in budgeting, forecasting, financial modelling, and performance analysis.
• * Experience in QSR, food and beverage, retail, or multi-branch businesses is preferred.
• * Experience within a franchise or licensing model is a strong advantage.
• * Proven ability to build financial models and reporting systems from the ground up, rather than only maintaining existing systems.
• * Experience leading a finance function through business growth or structural change.
• * Demonstrated business-partnering ability, including influencing commercial and operational decisions beyond financial reporting.
• * Advanced Excel skills are required, experience with ERP systems and BI tools.
• * Strong analytical, leadership, communication, and stakeholder-management skills.
• * Professional certification such as CFA, CMA, CPA, FMVA, or FPAC is preferred.