Financial Planning and Analysis Manager
Job Summary
We are seeking an experienced Financial Planning and Analysis (FP&A) Manager to lead financial planning, budgeting, forecasting, financial modeling, management reporting, and strategic financial analysis at Group level.
The successful candidate will be responsible for delivering accurate and timely financial reports, evaluating business performance, identifying financial risks and opportunities, and providing actionable insights to support strategic decision-making. This role will work closely with the Chief Financial Officer (CFO), senior management, and business unit leaders to drive financial performance, optimize resource allocation, and ensure alignment with the Group's strategic objectives.
The role also covers cash flow analysis, treasury-related projects, business planning, commercial evaluations, and transaction modeling, including potential acquisitions.
Key Responsibilities
- Financial Planning, Budgeting, and Forecasting
- Lead the annual budgeting process and prepare monthly and quarterly financial forecasts.
- Develop financial plans, driver-based financial models, and consolidated forecasts aligned with business objectives.
- Challenge and validate financial assumptions with relevant stakeholders to ensure forecast accuracy and reliability.
- Monitor budget performance, analyze variances, and recommend corrective actions where necessary.
- Coordinate with business units and department heads to ensure effective financial planning and resource allocation.
- Monitor purchasing requisitions and related financial commitments to support budget control.
- Financial Analysis and Management Reporting
- Prepare monthly, quarterly, and annual financial reports for senior management and relevant stakeholders.
- Analyze financial statements, revenue, expenses, profitability, cash flow, and key performance indicators (KPIs).
- Provide in-depth financial and commercial analysis, translating financial data into actionable business insights.
- Evaluate financial results against budgets, forecasts, and historical performance.
- Ensure the accuracy, completeness, and quality of financial data and management reports.
- Conduct ad hoc financial analysis and prepare executive presentations to support strategic decisions.
- Strategic Planning and Business Performance
- Develop and maintain financial models to support strategic planning and long-term business growth.
- Evaluate business opportunities, commercial proposals, and investment scenarios.
- Conduct industry, market, and regional competitive analysis to identify financial risks and growth opportunities.
- Collaborate with operational teams to improve financial performance, cost efficiency, and business outcomes.
- Provide financial recommendations to senior management to support business planning and strategic initiatives.
- Work closely with department directors and HR to assess workforce-related costs and their impact on business performance.
- Financial Modeling and Transaction Support
- Develop financial models to evaluate potential acquisitions, investments, and business transactions.
- Conduct financial and commercial feasibility studies to assess business opportunities.
- Support transaction processes by preparing financial projections, valuations, and scenario analyses.
- Provide commercial and financial guidance to stakeholders during strategic projects and business negotiations.
- Cash Flow and Treasury Management
- Support cash flow planning, liquidity analysis, and cash management activities.
- Contribute to treasury-related projects and financial planning initiatives.
- Monitor financial performance and identify potential cash flow risks.
- Support management in developing strategies to optimize working capital and financial resources.
- Stakeholder Management and Financial Governance
- Work closely with the CFO and senior management to align financial planning with Group objectives.
- Coordinate with business units, sales, operations, and other departments to consolidate financial information and develop reliable forecasts.
- Ensure compliance with International Financial Reporting Standards (IFRS), applicable regulatory requirements, and internal financial policies.
- Support audit processes, financial controls, risk management, and reporting governance.
- Coordinate the implementation and optimization of financial systems and reporting tools.
Job Knowledge and Skills
- Strong knowledge of financial planning and analysis, budgeting, forecasting, and financial modeling.
- In-depth understanding of accounting principles, financial reporting, and International Financial Reporting Standards (IFRS).
- Strong analytical skills with the ability to interpret complex financial data and provide actionable recommendations.
- Solid understanding of financial controls, risk management, auditing principles, and regulatory compliance.
- Experience preparing consolidated financial reports and presenting financial insights to senior management.
- Strong commercial awareness and understanding of business performance drivers.
- Knowledge of cash flow management, treasury operations, and working capital optimization.
- Experience with ERP systems, preferably SAP, and financial planning and reporting tools.
- Advanced proficiency in Microsoft Excel and financial modeling tools.
- Excellent communication, presentation, stakeholder management, and problem-solving skills.
- Strong planning, coordination, and organizational skills.
- Knowledge of the construction industry and the Middle East market is an advantage.
Job Experience and Qualifications
- Minimum of 8 years of relevant professional experience in finance, financial planning and analysis, or a related field.
- At least 5 years of experience in a relevant supervisory or managerial position.
- GCC experience of at least 2 years is preferred.
- Proven experience in budgeting, forecasting, financial reporting, and financial modeling.
- Demonstrated experience working with senior management and executive teams.
- Experience in the construction industry or a diversified business group is an advantage.
- A bachelor's degree in Finance, Accounting, Economics, or a related field is required.
- Professional qualifications such as ACCA, CPA, CMA, or CFA are an advantage.
Ideal Candidate Profile
The ideal candidate is a commercially minded finance professional with strong analytical capabilities, leadership experience, and the ability to translate financial information into strategic business recommendations. The candidate should be comfortable working with senior executives, managing complex financial planning cycles, and driving improvements in financial performance across multiple business units.
