Financial Planning and Analysis Manager

Confidential; Riyadh; On-site; SAR 240,000 - 360,000; Full time

Job summary

Confidential in Riyadh seeks an FP&A Manager to oversee timely financial reporting, consolidate data across units, and ensure compliance with accounting standards. The role delivers insights to support strategic decisions and maintains data integrity.

You will lead budgeting, forecasting, and monthly/quarterly closes, build executive dashboards, perform variance analysis, model opportunities, and partner with executives on multi-year plans and capital initiatives.

Qualifications

• 6+ years in Financial Planning & Analysis with 2+ years in leadership, preferably FMCG.
• Strong Excel skills and ability to build financial models.
• Experience with BI tools and ERP systems; ability to communicate financial data clearly.

Responsibilities

• Lead annual budgeting, department-level assumptions, revenue projections, and expense plans.
• Oversee monthly/quarterly forecasts and explain variances from budgets.
• Prepare monthly/quarterly/annual financial reports at multiple levels.
• Design executive dashboards and KPI reports to monitor performance and risks.
• Conduct variance analysis and provide insights into drivers.
• Develop financial models to evaluate opportunities and cost optimizations.
• Collaborate on long-term multi-year forecasting aligned with strategy.
• Provide ROI assessments and data-driven recommendations for projects.
• Identify process improvements for planning and reporting efficiency.
• Support implementation and optimization of planning systems and tools.

Skills

Advanced financial modeling

Excel proficiency

Stakeholder management

Communication

Education

B.Com Accounting

CA CMA ACCA MBA in Finance (preferred)

Tools

Power BI

Microsoft Dynamics 365

Hyperion

Adaptive Insights

Job description

Job Title: Financial Planning and Analysis Manager

Industry: Food and Beverage Manufacturing & Retail

Position Overview

The FP&A Manager is responsible for overseeing the preparation of timely and accurate financial reports, consolidating financial information across multiple business units and entities, and ensuring compliance with applicable accounting standards. The role is instrumental in maintaining the accuracy and integrity of financial data, producing consolidated financial statements, and delivering valuable financial insights to support strategic business decisions.

Key Responsibilities

• Lead the annual budgeting cycle by partnering with department heads to establish budget assumptions, revenue projections, and expense plans.
• Oversee the preparation of monthly and quarterly forecast updates, ensuring financial plans remain accurate while analyzing and explaining any variances from the approved budget.
• Prepare and present monthly, quarterly, and annual financial reports, including profit and loss statements at the company, business division, channel, and showroom levels.
• Design and maintain executive dashboards and KPI reports to monitor business performance, identify trends, and highlight potential risks.
• Perform detailed variance analysis by comparing actual financial results against budgets and forecasts, providing clear insights into key performance drivers.
• Develop and maintain financial models to evaluate business opportunities, investment proposals, and cost optimization initiatives.
• Collaborate with senior management on long-term financial planning by preparing multi-year forecasts aligned with the company's strategic objectives.
• Provide financial analysis, ROI assessments, and data-driven recommendations to support decision-making for projects, new product launches, and business expansion plans.
• Identify and implement process improvements to enhance the efficiency, accuracy, and effectiveness of financial planning and reporting activities.
• Support the implementation, enhancement, and optimization of financial planning systems and tools to improve reporting quality, speed, and analytical capabilities.

Qualifications & Skills

• Advanced financial modeling and analytical skills with strong proficiency in Microsoft Excel.
• Minimum of 6 years of experience in Financial Planning & Analysis, including at least 2 years in a leadership role, preferably within fast-growing FMCG organizations.
• Excellent communication, presentation, and stakeholder management skills, with the ability to explain complex financial information clearly.
• Hands-on experience with data visualization platforms such as Power BI.
• Bachelor's degree in Accounting (B.Com), with a professional qualification such as CA, CMA, ACCA, or an MBA in Finance preferred.
• Working knowledge of Business Intelligence tools and Microsoft Dynamics 365.
• Experience using financial planning and performance management solutions such as Hyperion, Adaptive Insights, or similar platforms.
• Fluent in both Arabic and English, with excellent verbal and written communication skills.
• Saudi National with a valid national ID.