Finance Business Partner📣 Job Ad

About the Role

NADEC Foods is seeking a dedicated and experienced Finance Business Partner to join our team in Riyadh, Saudi Arabia. This full-time role involves acting as a trusted advisor to business units, facilitating the realization of operational strategies, and leading the company's comprehensive budgeting, forecasting, and reporting processes. The successful candidate will play a pivotal role in contributing to the organization’s strategic objectives within established KPIs, budget, and policies.

Key Responsibilities

• Lead the preparation of the company’s budget, forecasting, and reporting activities for all required periodical and ad-hoc needs of senior management.
• Oversee the development and implementation of the Business-People budget, monitoring its accurate execution and identifying cost-saving opportunities.
• Collaborate with function heads (Logistics, Warehousing, Procurement, Planning, Distribution) to prepare the annual Supply Chain budget, ensuring alignment with operational strategies.
• Lead monthly and quarterly budget monitoring, identifying variances, and supporting the development of corrective actions to maintain financial control.
• Monitor and verify expenditures against approved levels, investigating and recommending corrective actions for significant variances.
• Lead the development of financial models and analysis, including presentation materials, to address emerging and ongoing financial concerns.
• Prepare long-term forecasting and relevant sensitivity analysis to ensure readiness for various business scenarios.

Strategic Contribution and Leadership

• Build short-term and long-term strategies for supported functions, focusing on enhancing people capability and business performance in alignment with Business Leaders and the Finance team.
• Execute the Finance strategy by following operational plans to achieve functional objectives and contribute to the overall Company strategy.
• Guide the execution of Finance operational plans, ensuring buy-in from the Business and high-quality output.
• Serve as a role model, ensuring employees' awareness and commitment to NADEC's vision, mission, values, and strategy to foster an engaged and motivated team.

Financial Advisory and Planning

• Advise Senior Management on the financial impact of various management decisions, providing crucial budget-related input.
• Establish procedures for measuring, monitoring, and managing NADEC’s short and long-term liquidity and funding needs.
• Prepare financial plans and policies in coordination with the VP of Finance, ensuring their implementation and preparing regular and special-purpose reports.
• Provide financial insights to facilitate decision-making around strategic business initiatives and achieve NADEC’s business objectives.
• Collaborate with departments to review plans, determine budgetary needs, gather information, monitor programs, and make recommendations on budget preparation, presentation, implementation, and interpretation.

Qualifications and Experience

• Bachelor’s Degree in Finance or a related field.
• MBA or Master’s degree is preferred.
• Associate from a Certified Professional body (CMA, CPA, ACCA, ACA).
• A minimum of 5-10 years of relevant experience in finance or business partnering roles.

Application Information

This role offers an opportunity to contribute significantly to the financial strategy and operational success of NADEC Foods. We encourage qualified candidates to apply.