Finance Manager📣 Job Ad
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Jeddah |
Job Description
About the Role
Albaik Food Systems Co. is seeking a Finance Manager to lead financial planning and analysis across the business and all licensed markets. This full-time position is based in Jeddah, Makkah, and involves building financial models and reporting systems to provide management and partners with a clear view of performance. The role also focuses on developing the finance team's commercial capabilities and acting as a financial partner to commercial and operational teams on growth, expansion, and profitability decisions.
Key Responsibilities
- Lead financial planning, budgeting, forecasting, and long-term financial planning in alignment with overall business objectives.
- Develop the financial framework for the licensed business, including royalty and fee modeling, partner-level P&L structures, target-setting methodologies, and profitability thresholds.
- Develop business cases for expansion opportunities, including new markets, stores, sales channels, and partner arrangements.
- Define and apply consistent investment appraisal standards, including payback periods, ROI, and hurdle rates.
- Assess market, cost, and competitor dynamics affecting margins and recommend strategies for protection, investment, or restructuring.
- Own financial performance reporting across the business and all licensed markets against approved budgets and forecasts.
- Build and maintain financial reporting and modeling systems, including P&L models, dashboards, forecasting tools, and reporting templates, ensuring timely and consistent data submission.
- Analyze financial performance, business trends, and key indicators to identify risks and opportunities, driving corrective action plans with stakeholders.
- Prepare management reports, financial projections, and performance presentations for senior management, the Board, and partner business reviews.
- Lead cash-flow planning, cost optimization, and profitability improvement initiatives.
- Partner with Sales, Marketing, Operations, and Supply Chain to improve financial performance, optimize resource allocation, and evaluate commercial plans before commitment.
- Develop the finance team through hiring, coaching, and planning while ensuring compliance with financial policies, governance requirements, internal controls, and license agreement obligations.
Qualifications and Experience
- Bachelor’s degree in Finance, Economics, Accounting, or a related field.
- More than 10 years of experience in corporate finance, FP&A, or business finance, including at least 4 years in a managerial or leadership role.
- Strong experience in budgeting, forecasting, financial modeling, and performance analysis.
- Experience in QSR, food and beverage, retail, or multi-branch businesses is preferred.
- Experience within a franchise or licensing model is a strong advantage.
- Proven ability to build financial models and reporting systems from the ground up.
- Experience leading a finance function through business growth or structural change.
- Demonstrated business-partnering ability, including influencing commercial and operational decisions beyond financial reporting.
- Advanced Excel skills are required; experience with ERP systems and BI tools is also necessary.
- Professional certification such as CFA, CMA, CPA, FMVA, or FPAC is preferred.
Required Skills
- Strong analytical skills.
- Leadership capabilities.
- Effective communication skills.
- Proficiency in stakeholder management.
Work Location
This position is based at the Corporate Office in Jeddah, Makkah.
Application Process
Qualified candidates are encouraged to apply for this full-time Finance Manager role.
Requirements
- Requires +10 Years experience
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