Financial Planning and Analysis Manager

Overview

We are seeking a seasoned Financial Planning and Analysis (FP&A) Manager to oversee budgeting, forecasting, and in-depth financial performance evaluations within our Finance division.

Responsibilities

• Lead the formulation of annual budgets and quarterly forecasts in partnership with various business departments to ensure precise and effective financial strategies.
• Prepare monthly and quarterly performance reports, scrutinize significant variances and trends, and deliver actionable insights for executive decision-making.
• Evaluate sales figures, profit margins, expenditures, and operational KPIs to uncover opportunities for enhanced financial outcomes and operational efficiency.
• Conduct detailed profitability assessments across retail outlets, product lines, and organizational units, including ROI calculations, business case development, and scenario planning.
• Support strategic initiatives by assessing potential business ventures, store openings or closures, and growth strategies using financial modeling and commercial analysis.
• Collaborate closely with Operations, Merchandising, Human Resources, and other departments to optimize cost control, resource deployment, and overall business results.
• Create and sustain comprehensive financial models that aid in strategic planning, forecasting, investment decisions, and scenario evaluations.
• Drive improvements in FP&A workflows, dashboards, and reporting mechanisms by utilizing ERP and business intelligence systems to heighten precision, efficiency, and data integrity.
• Lead and mentor the FP&A analyst team, fostering teamwork and alignment with business partners.
• Ensure key performance indicators such as budget and forecast accuracy, profitability enhancements, cost management, and reporting efficiency meet organizational standards.

Qualifications and Skills

• Bachelor’s degree in Finance, Accounting, Business Administration, or related disciplines; Master’s degree or MBA is highly desirable.
• Professional credentials like CMA, CPA, or ACCA provide a competitive edge.
• Between 7 to 10 years of increasingly responsible experience in financial planning, analysis, or FP&A, preferably in retail or large-scale commercial settings.
• Proficient in budget management, forecasting methodologies, advanced financial modeling, and detailed variance analysis.
• In-depth knowledge of retail financial metrics including sales, margins, expenses, and operational KPIs.
• Advanced skills in Excel, Power BI, and ERP software such as SAP, Oracle, or their equivalents.
• Strong analytical reasoning, problem-solving capabilities, and effective communication and presentation skills.
• Demonstrated ability to collaborate with senior leadership and cross-departmental stakeholders.
• Prior experience in managing and developing FP&A or finance teams is preferred.
• Fluency in English is essential; knowledge of Arabic is advantageous.
• Capable of juggling multiple priorities and thriving in a dynamic, fast-paced environment.