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Senior Financial Analyst

4 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia Foodics Full time

Who Are We

We Are Foodics a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarters in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.

The Job in a Nutshell
We are seeking an experienced Senior Financial Analyst with a strong background in SaaS companies to join our dynamic finance team. As a Senior Financial Analyst, you will play a critical role in driving financial analysis, reporting, forecasting, and strategic decision-making across the organization. You will collaborate with cross-functional teams to provide actionable insights that support our continued growth in the fast-paced SaaS environment.

What Will You Do

Financial Planning & Analysis (FP&A):

  1. Lead the annual budgeting and forecasting process, including building financial models and tracking key performance indicators (KPIs) specific to SaaS metrics (e.g., ARR, MRR, churn, customer acquisition cost, lifetime value, etc.).
  2. Analyze financial performance versus budget and forecast, providing clear and actionable recommendations to management.
  3. Develop and manage financial models to support key decision-making processes, including scenario analysis and business case evaluations.

SaaS Metrics & Reporting:

  1. Own the monthly, quarterly, and annual financial reporting cycles, ensuring timely and accurate reporting of P&L, balance sheet, cash flow, and key SaaS metrics.
  2. Produce detailed financial analysis and reports on SaaS-specific KPIs (e.g., Monthly Recurring Revenue (MRR), Average Revenue per User (ARPU), Customer Lifetime Value (LTV), Churn, etc.).
  3. Present and communicate financial insights to senior leadership, board members, and other stakeholders in a clear and actionable manner.

Cost Management & Profitability Analysis:

  1. Conduct profitability and unit economics analysis, focusing on customer acquisition costs, customer lifetime value, and margin optimization.
  2. Evaluate operational costs across the organization to identify areas for efficiency improvement and cost-saving opportunities.

Strategic Business Partnering:

  1. Partner with Sales, Marketing, and Product teams to provide financial insights that guide business strategies and improve business outcomes.
  2. Work closely with leadership to assess the financial implications of business decisions and new initiatives, particularly in relation to scaling the SaaS business model.

Financial Systems & Tools:

  1. Utilize and enhance financial systems and tools (e.g., NetSuite, Salesforce, etc.) to automate reporting and improve the efficiency of financial processes.
  2. Ensure data integrity, proper financial controls, and compliance with accounting standards and regulations.

Ad-hoc Analysis:

  1. Provide ad-hoc financial analysis and reporting to support business cases, investment opportunities, and strategic initiatives.
  2. Assist with due diligence and financial modeling for mergers, acquisitions, and fundraising activities.

What Are We Looking For

  1. Bachelor's degree in finance, Accounting, Economics, or related field.
  2. 5+ years of experience in financial analysis, with a minimum of 2-3 years of experience in SaaS companies.
  3. Strong understanding of SaaS business models, financial metrics, and KPIs (e.g., ARR, MRR, CAC, LTV, etc.).
  4. Proficiency in financial modeling, forecasting, and budgeting, with advanced Excel skills.

What We Offer You

We believe you will love working at Foodics

  1. We offer highly competitive compensation packages, including bonuses and the potential for shares.
  2. We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
  3. Join a talented team of over 30 nationalities working in 14 countries, and gain valuable experience in an exciting industry.
  4. We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
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