Financial Business Partner

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia National Company for Mechanical Systems - NCMS Full time
Job Title: Financial Business Partner

At National Company for Mechanical Systems - NCMS, we are seeking a highly skilled Financial Business Partner to join our team. As a key member of our finance department, you will play a critical role in developing financial strategies that support business objectives and drive long-term growth.

Key Responsibilities:

  • Partner with business units to develop financial strategies that align with business objectives and drive growth.
  • Provide detailed financial analysis and reporting on performance, profitability, and cost management.
  • Lead the budgeting, forecasting, and long-range planning processes for assigned business units.
  • Identify and analyze key financial trends, risks, and opportunities to support informed decision-making by senior management.
  • Serve as the key finance contact and advisor to business unit leaders, offering financial insights and guidance.
  • Collaborate with operational teams to drive performance improvements and ensure financial metrics align with strategic goals.
  • Assist business units with financial decision-making related to investments, pricing, cost control, and efficiency improvements.
  • Provide business leaders with clear, actionable financial reports and insights tailored to their specific needs.
  • Analyze variances between actual and budgeted/forecasted figures and provide insights into operational impacts and areas of improvement.
  • Prepare and present regular financial reports, including variance analysis, to both finance and business leadership.
  • Support initiatives aimed at improving profitability and operational efficiency through cost management and process improvements.
  • Drive initiatives for expense reduction and operational excellence, identifying areas for cost savings.
  • Collaborate with cross-functional teams to provide financial expertise and ensure alignment with financial goals.
  • Support business units with financial modeling, scenario planning, and business case preparation for new projects or investments.
  • Lead, mentor, and develop a team of finance business partners, ensuring continuous learning and development.
  • Allocate resources effectively within the finance team to support business needs and project deadlines.
  • Foster a culture of financial discipline and business partnership within the finance team.

Qualifications:

Bachelor's degree in Finance, Accounting, or related field; advanced qualifications such as CPA, CMA, or similar preferred.

Minimum of 7-10 years of experience in finance, with a focus on financial analysis, budgeting, forecasting, and business partnering.



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