Director of Financial Planning and Analysis

Position Overview

This Riyadh-based leadership role is responsible for guiding the FP&A function and turning financial data into practical business direction. The position oversees strategic planning, budgeting, forecasting, performance tracking, financial modelling, and decision support for the wider organization.

The director will shape financial plans, review business results, provide commercial and operational insight, and work closely with executive leadership to improve profitability, efficiency, and long-term performance. The role also collaborates with Finance, Operations, Sales, Supply Chain, Procurement, Human Resources, and other senior stakeholders to improve planning quality, strengthen financial governance, and support enterprise-wide improvement. It is also expected to champion a culture of accountability, discipline, teamwork, analytical thinking, and informed decision-making.

Key Responsibilities

• Build and execute the company’s FP&A strategy so it supports corporate priorities and the long-term business plan.
• Own the annual budget cycle, rolling forecasts, multi-year planning, and scenario-based modelling.
• Provide senior leaders with recommendations on financial outcomes, margin improvement, investment choices, and business risk.
• Create planning structures that encourage sustainable growth and smarter capital allocation.
• Lead the preparation, consolidation, review, and control of annual budgets and periodic forecasts.
• Coordinate submissions from all business units while keeping assumptions and outputs aligned to strategic goals.
• Track forecast performance and suggest corrective actions when results drift from plan.
• Develop assumptions, sensitivity testing, and scenario models that improve decision quality.
• Monitor performance against budgets, forecasts, and strategic targets.
• Prepare monthly, quarterly, and annual management reporting with clear financial and operational insights.
• Review revenue, gross margin, operating costs, profitability, cash flow, working capital, and return metrics.
• Deliver variance analysis and practical recommendations to strengthen results.
• Partner with operational and commercial functions to provide insight for key business and strategic decisions.
• Assess new opportunities, pricing approaches, capital projects, cost reductions, and process improvement initiatives.
• Support mergers, acquisitions, expansion plans, restructuring, and strategic investment reviews where needed.
• Build business cases and financial models to support executive decision-making.
• Develop models for investment appraisal, profitability analysis, pricing, capital expenditure, and strategic initiatives.
• Study trends, business drivers, market conditions, and operating performance using advanced analytical methods.
• Improve reporting through BI tools, dashboards, automation, and predictive analytics.
• Continuously enhance planning, reporting, and analysis methods.
• Ensure planning processes meet internal policy, financial governance, and applicable accounting standards.
• Support finance leadership during audits, strategic reviews, and board reporting.
• Maintain strong controls over assumptions, reporting accuracy, and management information.
• Coordinate planning work with Treasury, Accounting, Tax, and Internal Audit.
• Drive digital transformation in FP&A through ERP optimization, planning systems, BI platforms, automation, and AI-enabled analytics.
• Improve data governance and the quality, accessibility, and consistency of financial information.
• Lead, coach, and develop the FP&A team while promoting collaboration, accountability, continuous learning, and strong performance.
• Encourage a company-wide culture of financial discipline, analytical thinking, improvement, and business partnership.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
• Strong command of financial planning, budgeting, forecasting, management reporting, and financial analysis.
• Master’s degree in Finance, Business Administration (MBA), Economics, or a related discipline is preferred.
• Professional certification such as CPA, CMA, ACCA, CFA, or an equivalent qualification is preferred.
• At least 10 years of progressive experience in FP&A, corporate finance, management accounting, or business finance.
• Minimum 5 years in a leadership role overseeing planning, budgeting, forecasting, business partnering, and financial reporting.
• Proven background in building financial models, management reports, business cases, investment assessments, and strategic planning processes.
• Experience advising executive leadership with financial insights that support commercial decisions.
• Preferred industry exposure includes manufacturing, industrial, engineering, construction, infrastructure, energy, or large multinational organizations.
• Experience in multi-site or regional operating environments is an advantage.
• Hands-on exposure to ERP platforms, BI tools, financial planning software, Power BI, SAP Analytics Cloud, Oracle EPM, Hyperion, or similar systems is preferred.
• Experience with automation, AI-enabled analytics, predictive forecasting, or advanced modelling techniques is preferred.
• Fluency in both written and spoken Arabic and English is required.

Additional Information

Location: Riyadh, Kingdom of Saudi Arabia.

The role requires close coordination with Finance, Operations, Sales, Supply Chain, Procurement, Manufacturing, Human Resources, Treasury, Accounting, Tax, and Internal Audit.

This position is expected to contribute to financial governance, data quality, reporting accuracy, and enterprise decision support.

Competency Focus

• Financial planning and analysis
• Budgeting and forecasting
• Financial modelling
• Management reporting
• Business partnering
• Variance analysis
• Cost analysis
• Profitability analysis
• Capital investment analysis
• Financial performance management
• ERP systems and business intelligence
• Advanced Microsoft Excel