NEOM Hiring for Manager, FP&A ‎ t تبوك نيوم السعودية Full Time

We are seeking a highly motivated and experienced individual to join our team as Business Unit Finance Manager. In this role, you will be the finance lead for one of the business units, which is focused on building assets and partnerships to produce food. As the Business Unit Finance Manager, you will play a crucial role in facilitating the development of business cases, evaluating and setting up partnership models, and analyzing the product flow versus cash flow dynamics. Additionally, you will be responsible for implementing transfer price mechanisms in the value chain, evaluating go-to-market strategies, and closely monitoring the budgets, including operating expenses (OPEX) and capital expenditures (CAPEX). Your primary objective will be to ensure that all milestones are met and provide accurate financial analysis and reporting to support effective decision-making within the business unit. This will include all standard FP&A requirements working together with our shared services and procurement team.. This role requires strong leadership and communication skills, and advanced knowledge of accounting principles. Key to ensure integrity of financial information for effective decision making.

Responsibilities

Facilitate the development of business cases:

• Collaborate with cross-functional teams to gather relevant financial data and information for business case evaluations.
• Conduct comprehensive financial analyses, including profitability assessments, ROI calculations, and sensitivity analyses.
• Present financial recommendations and insights to stakeholders and senior management.

Evaluate and establish partnership models:

• Identify potential partnership opportunities and evaluate their financial viability.
• Develop financial models and scenarios to analyze partnership structures and assess their impact on product flow and cash flow.
• Collaborate with legal and business development teams to negotiate and finalize partnership agreements.
• Implement transfer price mechanisms in the value chain:
• Develop and implement transfer pricing strategies to optimize profitability and align with the overall business strategy.
• Monitor and analyze the financial performance of internal transfers and ensure compliance with transfer pricing policies and regulations.

Evaluate go-to-market strategies:

• Analyze market trends, competitive landscape, and customer preferences to assess various go-to-market strategies.
• Collaborate with marketing and sales teams to develop financial models and forecasts for different market entry scenarios.
• Provide financial insights and recommendations to optimize pricing strategies and maximize revenue growth.

Budget tracking and milestone monitoring:

• Monitor and track OPEX and CAPEX budgets for the business unit.
• Analyze actual expenses against budgeted targets and identify areas for cost optimization.
• Ensure that all project milestones are achieved within the set financial parameters and timelines.
• Analyze the trends of Key Performance Indicators (KPIs), especially relating to financial metrics such as sales, expenditures, and profit margin.
• Monitor KPIs and identify the cause of any unexpected variances

Communication and driving Ownership and Accountability

• Present the monthly and quarterly financial reports of various units and departments
• Implement a business intelligence tool and dashboard reports
• Support management team and the Heads of Department with data-driven analysis
• Creates variance analysis reports and financial models.
• Escalates any financial issues to management.
• Sets and tracks key performance indicators (KPIs) and objectives.
• Completes market research and comparable company analysis.
• Recommends strategies for increasing financial performance.
• Uses popular financial planning and analysis software.
• Manages more-junior financial planning analysts.
• Collaborates with senior members of the accounting and finance teams often based in shared services hubs.
• Analyze the trends of Key Performance Indicators (KPIs), especially relating to financial metrics such as sales, expenditures, and profit margin.
• Monitor KPIs and identify the cause of any unexpected variances
• Communication and driving Ownership and Accountability
• Present the monthly and quarterly financial reports of various units and departments
• Implement a business intelligence tool and dashboard reports
• Support management team and the Heads of Department with data-driven analysis
• Creates variance analysis reports and financial models.
• Escalates any financial issues to management.
• Sets and tracks key performance indicators (KPIs) and objectives.
• Completes market research and comparable company analysis.
• Recommends strategies for increasing financial performance.
• Uses popular financial planning and analysis software.
• Manages more-junior financial planning analysts.
• Collaborates with senior members of the accounting and finance teams often based in shared services hubs.

Knowledge, Skills, And Experience

• Bachelor’s degree in finance, accounting, or a related field. MBA or equivalent qualification is preferred. CIMA, ACCA is a plus
• Proven experience as a finance business partner, business unit finance manager, or FP&A manager.
• Strong financial modeling and analysis skills, with the ability to translate complex data into actionable insights.
• Solid understanding of partnership models, transfer pricing, and value chain dynamics.
• Experience in evaluating go-to-market strategies and conducting market analysis.
• Proficient in budgeting, forecasting, and financial reporting.
• Excellent communication and presentation skills, with the ability to effectively communicate financial concepts to non-finance stakeholders.
• Strong attention to detail and the ability to meet tight deadlines.
• Proficiency in financial software and advanced MS Excel skills as well as PowerBI
• The incumbent should have good knowledge of excel and reasonable skill in the ERP and other customized software used for keeping the books of accounts.
• Collaborates well with colleagues using adept social skills.
• Works independently using project management skills.
• Builds strong working relationships and has exceptional leadership skills.
• Learns quickly and has strong problem-solving and critical thinking skills.
• Experience in building and managing a dedicated team in a multi-cultural environment.
• Experience in Food related business is a preferred

Qualifications

• A bachelor’s degree in business, economics, finance, accounting, or a related major or equivalent professional experience is required.
• Certified public accountants (CPA) or certified financial analysts (CFA), CIMA, ACCA are preferred.