Financial Planning and Analysis Manager

Financial Planning and Analysis Manager

APICO (Arabian Plastic Industrial Co. Ltd.), a leading plastic packaging and thermoplastic injection molding manufacturer in Saudi Arabia, seeks a dynamic Financial Planning and Analysis Manager to join our team in Jeddah. Established in 1996 under the Balubaid Group, APICO specializes in injection molding, film extrusion, blow molding, and thermoforming disposable products, serving a diverse range of customers. Our commitment to delivering first-rate products at competitive prices, coupled with our core values of honesty, integrity, transparency, reliability, efficiency, innovation, and quality, drives our operations and sets us apart in the region.

The Financial Planning and Analysis Manager is a full-time, on-site role responsible for leading financial planning, budgeting, and forecasting cycles. This involves preparing financial models, analyzing variances and performance trends, and providing actionable insights to support strategic and operational decisions. The role requires close collaboration with cross-functional teams to develop and track key performance indicators, optimize resource allocation, and improve financial processes. Additionally, the role involves preparing management presentations, supporting senior leadership with financial analysis, and ensuring compliance with internal policies and relevant financial standards.

• Key Responsibilities:
• Lead and coordinate annual budgeting and periodic forecasting processes.
• Prepare monthly management reporting packs, including P&L, balance sheet, cash flow, and KPI dashboards.
• Perform variance analysis and provide clear narrative commentary.
• Build and maintain financial models for scenario planning and long-range strategic planning.
• Support capital expenditure evaluation through business cases and post-investment reviews.
• Develop, track, and report on KPIs and operational metrics.
• Partner with business units to challenge assumptions, control costs, and improve margins and profitability.
• Support cash flow forecasting and working capital analysis.
• Assist in preparing materials and analysis for board, audit committee, and investor presentations.
• Improve planning processes, reporting automation, and data quality.
• Provide ad hoc financial analysis to support strategic initiatives and corporate transactions.

Qualified candidates should possess a Bachelor’s degree in finance, accounting, economics, or a related field, with 3-5 years of experience in FP&A, corporate finance, or analytical accounting. Professional certification (CMA, CFA, CPA, SOCPA) is an advantage. Strong knowledge of IFRS and financial statement analysis, along with advanced Microsoft Excel and financial modeling skills, is required. Experience with ERP systems (SAP, Oracle, Microsoft Dynamics) and BI tools (Power BI, Tableau) is preferred.

We offer a competitive salary and benefits package, along with the opportunity to grow and develop within a dynamic and innovative organization. If you are a motivated, results-driven professional seeking to make a significant impact in a challenging and rewarding environment, we invite you to apply for this exciting opportunity.