Head of Financial Planning & Analysis (FP&A)-Saudi National

Al Jomaih Energy and Water; Riyad Al Khabra; On-site; SAR 300,000 - 400,000; Full time

Job summary

A leading energy and water company in Saudi Arabia is seeking a Head of FP&A to support the CFO in strategic planning and financial oversight. The role involves leading budgeting and forecasting, developing financial models, and generating performance reports. Candidates should have over 10 years of relevant experience and be qualified accountants. This position offers a unique opportunity to contribute to long-term value creation in a dynamic environment.

Qualifications

• 10+ years of experience in FP&A, corporate finance, or investment analysis roles.
• Experience in project-financed entities with complex shareholder environments.
• Hands-on experience managing lenders and shareholders in complex structures.

Responsibilities

• Lead the annual budget and forecast cycles across SPVs and O&M entities.
• Develop and maintain financial models for tracking and variance analysis.
• Generate monthly MIS reports and KPIs for stakeholders.

Skills

Financial modeling

Analytical skills

Advanced Excel

Planning and reporting tools

Education

Qualified Accountant (CA, CPA, ACCA) or CFA

Job description

Reports to: Project CFO

Role Overview

The Head of FP&A will support the CFO in strategic planning, budgeting, forecasting, financial modelling, and performance tracking across the project and O&M companies for Taiba 2 and Qassim 2. This role will be responsible for developing robust financial insights, supporting business decisions, and enabling long-term value creation. The FP&A lead will also support the CFO in board reporting, stakeholder presentations, and compliance with financial projections and covenants.

Key Responsibilities

• Lead the annual budget, forecast cycles, and long-term business planning across SPVs and O&M entities.
• Develop and maintain financial models including base case tracking, variance analysis, and covenant projection models.
• Generate monthly MIS reports, dashboards, and key performance indicators (KPIs) for internal and external stakeholders.
• Support the CFO in preparing financial presentations for board, shareholders, and lenders.
• Collaborate with the construction and O&M teams to align forecasts with operational realities and schedule changes.
• Provide insight on cash flow drivers, working capital needs, and scenario analysis.
• Support ERP implementation for planning and reporting modules and enable automation of FP&A activities.

Requirements

• Qualified Accountant (CA, CPA, ACCA) or CFA.
• 10+ years of experience in FP&A, corporate finance, or investment analysis roles, ideally within infrastructure or utilities.
• Strong modeling and analytical skills with advanced Excel and familiarity with planning / reporting tools.
• Experience working in project-financed entities with complex shareholder and lender environments.
• Hand on experience of managing lenders and shareholders in complex financing and shareholding structures.