Financial Planning and Analysis Manager

About Red Sea Global

Red Sea Global (RSG) is a visionary developer dedicated to creating sustainable and regenerative tourism experiences aligned with Saudi Arabia's Vision 2030. The organization focuses on environmental stewardship and human-centric development to transform how we live, work, and travel.

Role Purpose

This role leads the financial planning and performance management efforts at RSG, overseeing budgeting, forecasting, management reporting, and decision support to provide accurate and timely financial insights across all company entities and destinations.

Key Responsibilities

• Lead and coordinate the annual budgeting processes for all RSG branches, consolidating inputs, validating assumptions, and ensuring alignment with overall strategic objectives and Public Investment Fund (PIF) guidelines.
• Manage periodic forecasting cycles, develop rolling forecasts, and conduct variance analyses to highlight risks, opportunities, and necessary remedial actions for senior finance executives.
• Maintain a comprehensive enterprise financial performance management system, including defining KPIs, preparing management reports and dashboards, and running standard financial review forums to ensure transparent tracking of results against plans.
• Prepare consolidated management financial statements including profit & loss, balance sheet, and cash flow; reconcile these with accounting records and clarify the primary factors influencing financial outcomes.
• Perform scenario and sensitivity analyses on macroeconomic, operational, and financial assumptions to inform strategic choices, risk assessment, and capital allocation for the CFO and leadership team.
• Analyze operational and segment-level financial performance to detect trends, identify underperforming areas, and uncover opportunities for margin enhancement or portfolio optimization, transforming findings into actionable insights.
• Oversee planning and consolidation tools related to budgeting, forecasting, and reporting, ensuring data accuracy, process robustness, and scalability within the FP&A function.
• Establish and enforce standardized planning assumptions (including foreign exchange, inflation, discount rates) and unify planning methodologies across RSG's subsidiaries and departments for consistency.
• Generate regular executive and board-level reports that translate complex financial data into clear, strategic narratives that align with RSG’s priorities and reporting standards.
• Collaborate closely with departments such as Accounting, Treasury, Investment, and Organizational Development to integrate actual results, liquidity forecasts, deals, and workforce planning into the broader financial plans and forecasts.

Educational and Professional Qualifications

Applicants must hold a bachelor's degree in Finance, Accounting, Economics, or a closely related discipline. Professional certifications such as CFA, CMA, ACCA, CPA, CA, or equivalent are required.

Required Skills and Experience

• Expertise in financial planning, budgeting, and multi-year forecasting methodologies.
• Proficient in management reporting, KPI formulation, and performance dashboard development.
• Strong financial modeling capabilities, including scenario planning and sensitivity analyses.
• Experience in variance analysis and articulating financial performance narratives.
• Knowledge of planning and consolidation software platforms (for example, Anaplan, SAP BPC, Oracle EPM).
• Ability to work collaboratively across functions and engage effectively with executive stakeholders.
• Experienced in governance of planning assumptions and standardizing methodologies.

Additionally, candidates should have a minimum of 8 years’ experience in financial planning, analysis, management reporting, or corporate finance roles with at least 2 years in a managerial position within complex or large organizations.