Financial Planning Engineer

Business posting location will be Riyadh, Saudi Arabia

Position Objectives:

• Financial Planning Engineer will be responsible for developing and maintaining financial models to support strategic planning, budgeting, forecasting, and scenario analysis for FOM. This role requires a strong understanding of financial principles, corporate accounting, profit and loss (P&L) management, and a business-oriented mindset to drive sound financial decision-making and optimize financial performance.

Job Description & Responsibilities:

• Revenue Growth: Tracks the increase in revenue generated over time, indicating the financial health and success of the business.
• Profit Margin: Calculates the percentage of revenue that exceeds the costs of running the business, providing insight into profitability.
• Cash Flow Management: Monitors the inflow and outflow of cash to ensure financial stability and liquidity.
• Budget Variance: Measures the difference between budgeted and actual figures for various financial metrics, helping to identify areas for improvement.
• Return on Investment (ROI): Assesses the profitability of investments and projects by comparing the gains to the costs.
• Cost Reduction: Tracks the effectiveness of initiatives aimed at reducing costs and improving efficiency.
• Financial Reporting Accuracy: Ensures that financial reports are accurate, timely, and compliant with company policies.
• Infrastructure Utilization Rate: Measures the percentage of fiber infrastructure that is actively being used, helping to identify underutilization or overutilization.
• Project Completion Rate: Monitors the percentage of projects completed on time and within budget, ensuring efficient project management.
• Customer Satisfaction: Collects and analyzes feedback from customers regarding the performance and reliability of the fiber infrastructure, ensuring high service quality.

Qualifications & Experience:

• Bachelor’s degree in finance, Accounting, Business Administration, or a related field.
• 15+ years of progressive experience in financial management and analysis.
• Advanced proficiency in Microsoft Excel (including advanced functions like VLOOKUP, pivot tables, and macros), ERP systems (e.g., SAP, Oracle), and data visualization tools like Power BI.
• Strong analytical and problem-solving skills, interpret complex financial data, identify trends, and draw insightful conclusions.
• High-quality financial reports, presentations, and dashboards for senior management.
• Understanding of financial principles, including budgeting, forecasting, variance analysis, and cash flow management.
• Knowledge of relevant accounting standards (e.g., IFRS), regulatory requirements, and best practices in financial management.
• Excellent communication and data visualization skills, with the ability to translate complex datasets into actionable insights and compelling narratives for the audience.
• Good communication in English | Arabic Speaking (Preferred)