Manager, F&P

6 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Olayancareer Full time

Sub Department: Finance and Accounting - Financial Planning & Repo

Number of Openings: 1

Short Description (Role Purpose)

The FP&A manager would be supporting Head of Planning for driving strategic initiatives and delivering actionable insights by providing overall support and work closely with the finance / business units head to help formulate and refine the strategy and financial projections for the Company.

Job Accountabilities & Activities

Budgeting:

• Work with respective finance /business heads to build annual budgets and forecasts, consolidating them into one overall budget and forecasts.

• Preparation of annual financial budget and succeeding forecast revisions in stipulated format.

• Tracking budget / revised budget variances against actual results and forecast and ensure proper reason / explanations to variance.

Financial Analyses:

• Conduct in-depth financial analysis to identify trends, risks, and opportunities.

• Provide actionable insights and recommendations to senior management based on data analysis.

Process Improvement / Automation:

• Identify and implement process improvements to enhance the efficiency and effectiveness of the FP&A function.

• Transition manual consolidation practices for budgets and forecasts to automated solutions, with a preference for candidates with hands-on experience in planning tools.

• Lead and execute Digital Finance transformation initiatives by identifying opportunities for technology adoption and process optimization.

Reporting:

• Review, compile and analyze companies' monthly financials.

• Preparation of monthly management reports including consolidated results.

• Prepare presentations for various OFC meetings as described in the reporting agenda i.e. Board, Excom and Monthly Management Meetings.

• Handle ad-hoc requests as required by the Head of FP&A or senior leadership.

• Handle requests from zakat and treasury departments.

Relationships Management:

• Build and manage relationships with finance / business teams of various companies and divisions to ensure meeting different needs and requirements and the smooth flow of different activities.

Audit:

• Provide support to the accounting team on preparing the audit requirements and keep track of submissions.

• Liaise with the group auditors for effective functioning of audit for the whole group.

Education & Certifications

Graduation in Finance / Accounting
(Professional qualification will be preferred).

Required Years of Experience

6+ years of experience in FP&A, financial analysis, or related roles.

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