Food & Beverage Production
17 Jul
Deputy Manager FP&A - Dammam - KSA
Our client, one of the leading Multinational Food Manufacturing company in Dammam, KSA is looking to hire a Deputy Manager - FP&A.
Overview: The Deputy FP&A Manager will act as the second-in-command to the FP&A function, supporting financial planning, business performance management, strategic decision support, and cross-functional business partnering. The role is designed to progressively. assume broader leadership responsibilities and act as a key backup to the FP&A Director, ensuring continuity of financial oversight and execution.
Key Responsibilities:
Financial Planning, Forecasting & Reporting
• Support and co-lead the annual budgeting, monthly forecasting, and long-range planning processes across business units.
• Drive monthly management reporting and performance reviews, ensuring timely and accurate analysis of financial performance against budget and forecast.
• Lead variance analysis and provide clear business explanations, risks, opportunities, and actionable recommendations.
• Develop and enhance financial models and scenario planning tools to improve forecasting accuracy and decision-making.
• Ensure standardization and continuous improvement of FP&A reporting processes, dashboards, and KPI frameworks.
Business Performance & Profitability Analysis
• Lead detailed profitability analysis across products, channels and customers.
• Oversee pricing analysis and assess the financial impact of promotions, discounts, new product launches, and commercial initiatives.
• Partner closely with other departments to optimize margins and profitability.
• Monitor cost-saving and productivity initiatives, ensuring benefits realization and financial tracking.
Strategic Decision Support
• Evaluate financial feasibility of strategic initiatives, investments, and operational changes.
• Provide financial insight into organizational complexity, business expansion, and integration initiatives.
Systems, Governance & Process Improvement
• Play a leading role in ERP enhancements, reporting automation, and data governance initiatives.
• Establish best practices in financial planning, performance management, and management reporting.
• Strengthen internal controls and improve data accuracy within planning and reporting cycles.
Team Leadership & Stakeholder Management
• Supervise and mentor FP&A analysts and junior team members.
• Act as deputy to the FP&A Director during absences and support leadership of the function.
• Present financial insights and recommendations to senior leadership and cross functional stakeholders.
• Build strong relationships across departments to strengthen financial discipline and business partnership.
Qualifications & Preferred Skills
• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• CMA, CFA, or MBA preferred.
• 8–12 years of experience in FP&A, management control, commercial finance, or business finance.
• Strong experience in FMCG, consumer goods, or manufacturing preferred.
• Advanced financial modeling, budgeting, and profitability analysis skills.
• Experience managing complexity, multiple priorities, and cross-functional initiatives.
• Strong leadership and stakeholder management skills.
• Experience with ERP systems, BI tools, and reporting automation