The Head of Head of Financial Planning and Analysis responsible for overseeing and managing the cost control function within the organization. This role involves monitoring, analyzing, and optimizing costs to ensure efficient resource allocation and support strategic decision-making. The Head of Financial Planning and Analysis reports directly to the CEO.
Responsibilities :
- Develop and implement financial planning and analysis strategies, processes, and methodologies to support the control group's objectives.
- Lead the annual budgeting and forecasting processes, collaborating with department heads and business units to establish targets and assumptions.
- Prepare and analyze monthly, quarterly, and annual financial reports, including variance analysis, trend analysis, and key performance indicators (KPIs).
- Provide insights and recommendations to senior management on financial performance, trends, and opportunities for improvement.
- Conduct financial modeling and scenario analysis to support strategic decision-making and long-term planning.
- Monitor and evaluate the financial impact of business initiatives, investments, and cost-saving initiatives.
- Develop and maintain financial dashboards and management reporting tools to enhance visibility and transparency into financial performance.
- Coordinate with internal stakeholders, including finance, operations, and business units, to gather data, analyze trends, and identify areas for performance improvement.
- Support the development of business cases, investment proposals, and strategic plans by providing financial analysis and projections.
- Ensure compliance with financial policies, procedures, and regulatory requirements.
- Lead and mentor a team of financial analysts, providing guidance, training, and performance feedback.
- Stay abreast of industry trends, market dynamics, and best practices in financial planning and analysis.
- Collaborate with external auditors and consultants as needed for financial reviews and audits.
Requirements- Master's degree in finance, accounting, economics, or a related field.
- Proven experience of 7 to 10 years in financial planning and analysis roles, with a focus on budgeting, forecasting, and performance analysis.
- Strong knowledge of financial principles, accounting standards, and financial modeling techniques.
- Advanced proficiency in Microsoft Excel and financial planning software.
- Excellent analytical skills with the ability to interpret complex financial data and trends.
- Strategic mindset with the ability to translate financial analysis into actionable insights and recommendations.
- Strong communication and presentation skills, with the ability to effectively communicate financial information to non-financial stakeholders.
- Ability to work collaboratively in a fast-paced environment and manage multiple priorities.
- Experience in the control group or financial services industry is preferred.
- Fluent in Arabic and French, proficiency in English is a plus.