Head of Financial Planning & Analysis (FP&A) Saudi National📣 Job Ad

About the Role

Recruitment International Group (RIG) is seeking a Saudi National to join their client's team as the Head of Financial Planning & Analysis (FP&A) in Riyadh, Saudi Arabia. Reporting directly to the CFO, this role is central to supporting strategic planning, budgeting, forecasting, financial modeling, and performance tracking for both project and Operations & Maintenance (O&M) companies. The Head of FP&A will develop financial insights to guide business decisions and contribute to long-term value creation. This position also supports the CFO with board reporting, stakeholder presentations, and ensuring compliance with financial projections and covenants.

Key Responsibilities

• Lead the annual budget, forecast cycles, and long-term business planning across Special Purpose Vehicles (SPVs) and O&M entities.
• Develop and maintain comprehensive financial models, including base case tracking, variance analysis, and covenant projection models.
• Generate monthly Management Information System (MIS) reports, dashboards, and key performance indicators (KPIs) for internal and external stakeholders.
• Support the CFO in preparing financial presentations for the board of directors, shareholders, and lenders.
• Collaborate with construction and O&M teams to align forecasts with operational realities and schedule changes.
• Provide analysis on cash flow drivers, working capital needs, and conduct scenario analysis for strategic decision-making.
• Support the implementation of ERP system modules related to planning and reporting, and drive the automation of FP&A activities.

Qualifications and Requirements

• Must be a Saudi National.
• A minimum of 10 years of progressive experience in Financial Planning & Analysis (FP&A), corporate finance, or investment analysis roles.
• Experience within the infrastructure or utilities sector is highly desirable.
• Proven experience working in project-financed entities with complex shareholder and lender environments.
• Hands-on experience in managing relationships with lenders and shareholders within complex financing and shareholding structures.
• Qualified Accountant (CA, CPA, ACCA) or CFA is required.

Required Skills

• Expertise in Financial Planning & Analysis (FP&A).
• Proficiency in Strategic Planning, Budgeting, and Forecasting.
• Advanced Financial Modelling capabilities.
• Strong Performance Tracking and Variance Analysis skills.
• Experience in developing MIS Reports and Dashboards.
• Proficiency in identifying and tracking Key Performance Indicators (KPIs).
• Skilled in Cash Flow Analysis and Working Capital Management.
• Ability to conduct Scenario Analysis.
• Experience with ERP Implementation, specifically for planning and reporting modules.
• Advanced proficiency in Microsoft Excel.
• Familiarity with various planning and reporting tools.
• Solid understanding of Corporate Finance and Investment Analysis principles.
• Knowledge of Project Finance structures and requirements.
• Effective Lender Management and Shareholder Management skills.
• Experience in Board Reporting and Stakeholder Presentations.

Work Environment and Location

This is a full-time position based in Riyadh, Saudi Arabia. The role operates within a client of Recruitment International Group (RIG).