Job Description: Senior FP&A Manager
Location: Riyadh, Kingdom of Saudi Arabia (KSA)
Company Overview
MRG Global is mandated by a top general contractor in Saudi Arabia, a leading player in the construction industry known for delivering large-scale infrastructure and development projects. This organization is dedicated to excellence, innovation, and sustainable growth. As they continue to expand, they are seeking a highly skilled and experienced Senior FP&A Manager to join their team and drive financial stability and operational success.
Position Summary
The Senior FP&A Manager will play a pivotal role in shaping the company’s financial strategy and decision-making processes. This role involves overseeing financial planning, forecasting, budgeting, and performance analysis to ensure strategic goals are met. The ideal candidate will possess strong analytical capabilities, a profound understanding of the construction industry, and exceptional leadership skills to guide the FP&A team and collaborate across departments.
Key Responsibilities
Strategic Financial Planning & Analysis
- Develop and manage the annual budgeting and long-term financial planning processes.
- Provide insightful analysis of financial performance, including project profitability, cost variances, and key performance metrics.
- Identify financial trends, risks, and opportunities to guide strategic decisions.
- Report on the budget and business plan quarterly, monitoring actuals against the budget.
Financial Analysis and Reporting
- Prepare and present financial reports, including monthly, quarterly, and annual financial statements.
- Conduct in-depth financial analysis to identify trends, risks, and opportunities.
- Recommend strategies for cost reduction, revenue enhancement, and profit maximizations.
Financial Modelling and Business Case Analysis
- Build financial models to support strategic initiatives, capital investments, and business case evaluations.
- Assess the financial feasibility of new projects, acquisitions, and partnerships.
- Conduct scenario analysis and sensitivity testing to evaluate potential outcomes and risks.
Performance Measurement and KPI Tracking
- Develop and track key performance indicators (KPIs) to evaluate financial performance.
- Highlight areas of concern and propose corrective actions.
- Assist in preparing management presentations for board meetings and investor relations.
Project & Operational Support
- Collaborate with project managers and operational teams to track project budgets and ensure alignment with financial goals.
- Support contract and bid analysis to assess financial feasibility and risks.
- Develop and maintain cash flow projections for capital planning and liquidity management.
Leadership & Collaboration
- Manage and mentor a team of FP&A analysts, fostering professional growth and excellence.
- Partner with the accounting team to ensure data accuracy and compliance with GAAP or IFRS standards.
- Work closely with Operations, Procurement, HR, and other departments to align financial strategies with business goals.
Process Improvement
- Streamline and enhance financial planning and reporting tools, systems, and processes.
- Implement best practices in FP&A to improve accuracy, efficiency, and scalability.
- Champion the use of technology and data analytics in financial decision-making.
Education & Experience
- Bachelor’s degree in finance, Accounting, Economics, or a related field (MBA or CPA preferred).
- 12 to 15 years of progressive experience in financial planning and analysis, including at least 3 years in a leadership role and 10 years in a main contractor or general contractor environment.
- Experience in the construction or related industries is essential.
Skills & Competencies
- Advanced proficiency in financial modelling, Excel, and ERP systems (e.g., Oracle, SAP, Power BI).
- Strong analytical and critical thinking skills with a keen eye for detail.
- Excellent communication and presentation skills, capable of conveying complex financial data to non-financial audiences.
- Proven ability to lead, mentor, and inspire teams.
- Demonstrated success in process improvement and driving efficiency in financial operations.