Financial Planning and Analysis Manager

Position Overview

We are seeking a highly motivated and experienced Financial Planning and Analysis Manager to join our dynamic team in Dammam. In this pivotal role, you will play a critical part in shaping the financial future of our Holding Group by leading strategic financial planning, budgeting, forecasting, and performance analysis initiatives. As a key business partner, you will collaborate closely with senior leadership to deliver actionable financial insights, support data-driven decision-making, and ensure the organization achieves its financial goals through rigorous planning and analysis. This is an excellent opportunity for a finance professional with a proven track record in FP&A to make a significant impact within a forward-thinking organization.

Key Responsibilities

The Financial Planning and Analysis Manager will be responsible for the following core functions:

• Strategic Financial Planning: Lead the development and execution of the annual budgeting process, ensuring alignment with the company’s long-term strategic objectives. Drive the creation of comprehensive financial plans that support sustainable growth and profitability.
• Forecasting and Performance Analysis: Oversee periodic forecasting activities, including monthly, quarterly, and annual financial reporting. Conduct detailed variance analyses to identify trends, discrepancies, and opportunities for improvement in revenue, costs, profitability, and cash flow management.
• Financial Modeling and Decision Support: Develop sophisticated financial models to evaluate strategic initiatives, capital investments, and business cases. Provide robust financial analysis to support executive decision-making, including payback analysis and scenario planning.
• Collaborative Budgeting: Partner with department heads and operational leaders to establish, monitor, and optimize operating budgets. Ensure financial accountability across all business units while fostering a culture of fiscal responsibility.
• Risk Management and Compliance: Identify potential financial risks and recommend proactive mitigation strategies. Ensure adherence to internal financial policies, regulatory requirements, and accounting standards. Prepare consolidated financial statements in accordance with applicable frameworks.
• Process Improvement and Innovation: Continuously enhance financial planning processes, reporting tools, and forecasting methodologies to drive accuracy, efficiency, and scalability. Leverage technology and automation to streamline workflows and improve decision support capabilities.
• Leadership and Mentorship: Provide guidance, mentorship, and professional development opportunities to members of the FP&A team. Foster a collaborative and high-performance culture that aligns with the organization’s values and objectives.
• Stakeholder Communication: Deliver clear, concise, and compelling financial presentations to senior management and key stakeholders. Translate complex financial data into actionable insights that inform strategic discussions and drive business outcomes.

Qualifications and Experience

To excel in this role, candidates must meet the following requirements:

• Educational Background: Bachelor’s degree in Finance, Accounting, Economics, or a related field is required. A Master’s degree (MBA) or equivalent advanced qualification is highly preferred.
• Professional Certifications: Professional certifications such as CPA, CMA, CFA, or ACCA are advantageous and demonstrate a commitment to excellence in financial management.
• Experience: Minimum of 5–7 years of progressive experience in financial planning, budgeting, or FP&A, with a proven track record in a leadership or supervisory capacity. Prior experience in a multinational or holding company environment is a strong plus.
• Technical Proficiency: Advanced proficiency in Microsoft Excel, including the ability to build complex financial models, perform data analysis, and create dynamic reports. Experience with ERP systems (e.g., SAP, Oracle, or Microsoft Dynamics) and specialized financial planning software is essential.
• Analytical and Soft Skills: Exceptional analytical, problem-solving, and critical-thinking abilities. Strong communication skills, both written and verbal, with the capacity to present financial information to non-financial stakeholders. Demonstrated leadership qualities, including the ability to mentor and develop teams.

Why Join Us?

We offer a competitive salary package, comprehensive benefits, and the opportunity to work within a collaborative and innovative environment. As a key member of our finance team, you will have the chance to contribute to high-impact projects, influence strategic decisions, and advance your career in a dynamic industry. If you are a results-driven finance professional with a passion for strategic planning and analysis, we encourage you to apply and take the next step in your career journey with us.