Financial Planning and Analysis Manager

Confidential Careers; Al Khobar; On-site; SAR 350,000 - 450,000; Full time

Job summary

Confidential Careers is seeking an experienced FP&A Manager to lead financial planning, forecasting, and performance analysis across the finance function. You will own budgeting cycles, build robust financial models, and provide decision-support insights to senior leadership.

This role requires strong leadership, cross-functional partnership, and expert use of Excel, Power BI, and ERP systems to drive accuracy, efficiency, and data-driven decision making in a fast-paced retail/commercial

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• Master's degree or MBA is preferred.
• CMA, FMVA certification is an advantage.
• 12–15 years of progressive FP&A/financial planning/analysis experience, with 5–7 years in a managerial role.
• Strong budgeting, forecasting, modeling, and variance analysis skills.
• Strong understanding of retail financial performance, sales, margins, costs, and KPIs.
• Proficiency in Excel, Power BI, and ERP systems (SAP, Oracle).
• Strong analytical, communication, and presentation skills.
• Experience leading or developing FP&A teams.

Responsibilities

• Lead annual budgeting and quarterly forecasting with business units.
• Deliver monthly and quarterly performance reports and analyze variances.
• Analyze sales, margins, costs, and KPIs for opportunities in efficiency.
• Conduct profitability analyses across stores, products, and units.
• Evaluate new business opportunities, store openings/closures, and expansion plans.
• Partner with Operations, Merchandising, HR to optimize costs and resources.
• Develop and maintain financial models for planning and investment decisions.
• Improve FP&A tools, dashboards, and reporting with ERP/BI systems.
• Lead, coach, and develop FP&A analysts.

Skills

FP&A

Budgeting

Forecasting

Financial Modeling

Variance Analysis

Leadership

Cross-functional collaboration

Education

Bachelor's degree in Finance/Accounting/Business Administration

Master's degree or MBA (preferred)

Tools

Excel

Power BI

ERP systems (SAP/Oracle)

Job description

We are looking for an experienced FP&A Manager to lead financial planning, forecasting, and performance analysis, in Finance department.

Key Responsibilities:

• Financial Planning & Forecasting: Lead annual budgeting and quarterly forecasting processes in collaboration with business units, ensuring accurate and actionable financial plans.
• Financial Analysis & Reporting: Deliver monthly and quarterly performance reports, analyze key variances and trends, and provide insights to support management decisions.
• Business Performance & Decision Support: Analyze sales, margins, costs, and operational KPIs to identify opportunities for improved financial performance and efficiency.
• Profitability & Business Analysis: Conduct profitability analysis across stores, products, and business units, including ROI, business cases, and scenario analysis.
• Strategic Business Support: Evaluate new business opportunities, store openings/closures, and expansion plans through financial modeling and commercial analysis.
• Cross-Functional Partnership: Partner with Operations, Merchandising, HR, and other business functions to optimize costs, resource allocation, and overall business performance.
• Financial Modeling: Develop and maintain financial models to support strategic planning, forecasting, investment decisions, and business scenarios.
• Process Improvement & Automation: Enhance FP&A tools, dashboards, and reporting processes while leveraging ERP and BI systems to improve accuracy, efficiency, and data quality.
• Team Leadership & Development: Lead, coach, and develop FP&A analysts while fostering strong collaboration and alignment with business stakeholders.
• Key Deliverables & Success KPIs: Budget & Forecast Accuracy, Financial Performance Insights, Profitability Improvement, Cost Optimization, Reporting Efficiency, and Business Decision Support.

Essential Qualifications & Skills:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Master’s degree or MBA is preferred.
• Professional certification such as CMA, FMVA is an advantage.
• 12–15 years of progressive experience in FP&A, financial planning, or financial analysis, preferably within retail or a large commercial organization, out of which 5-7 years in managerial role.
• Strong experience in budgeting, forecasting, financial modeling, and variance analysis.
• Strong understanding of retail financial performance, sales, margins, costs, and operational KPIs.
• Proficiency in Excel, Power BI, and ERP systems such as SAP, Oracle, or similar.
• Strong analytical, problem-solving, communication, and presentation skills.
• Proven ability to partner effectively with senior management and cross-functional stakeholders.
• Previous experience leading or developing finance/FP&A teams is preferred.
• Ability to manage multiple priorities and work effectively in a fast-paced business environment.