Financial Planning and Analysis Manager

About ASMO

ASMO is a pioneering collaboration between DHL and Aramco, merging DHL's expertise in logistics with Aramco's vast supply chain network. Established to transform procurement and supply chain operations, ASMO will deliver comprehensive end-to-end integrated services tailored for industrial, energy, chemical, and petrochemical sectors. Initially focusing on Saudi Aramco and its affiliates, ASMO plans to expand across Saudi Arabia's industrial segments into the MENA region, aiming for operational launch in 2025.

Role Objective

The Financial Planning and Analysis Manager is tasked with conducting thorough financial evaluations, offering strategic recommendations, and crafting presentations for top management. This role is crucial for supporting finance through management of budgeting, business operations, joint ventures, workforce planning, and both operational and capital expenditures.

Key Responsibilities

• Deliver and execute the department’s short to mid-term plans in line with corporate and business objectives.
• Contribute to developing annual business plans that align with financial and strategic goals.
• Track, monitor, and report departmental KPIs to assess performance and suggest corrective measures.
• Leverage commercial insights for financial planning and business support functions.
• Prepare comprehensive annual budgets by site and function, ensuring timely entry into Oracle’s system prior to the budget period.
• Support internal financial reviews by providing year-over-year performance, target alignments, gap analyses, and forecasts.
• Generate monthly financial reports per department and site, analyzing progress, variances, and revenue status; secure approval from the Director of Business Controlling, supplemented with explanations for significant deviations.
• Conduct detailed financial performance analyses relative to budgets and propose cost containment strategies.
• Manage development of quarterly actuals analysis and revise forecasts as necessary.
• Assist the Director of Business Controlling in refreshing long-term business plans.
• Analyze monthly financial metrics against forecasts, reconcile variances, and present findings to senior leadership.
• Oversee customer billing reconciliations, facilitate timely adjustments, and provide in-depth billing explanations, ensuring compliance with Saudi Arabian laws.
• Interpret and apply terms of commercial agreements for effective financial analysis, reporting, and planning.

Mandatory Qualifications and Experience

• Bachelor’s degree in Finance, Accounting, Economics, or a related field from an accredited university.
• Preferred: Master’s degree in a related discipline.
• Professional certifications such as CFA, CISI, or ACCA are favored.
• Proficiency in spoken and written English is essential.
• Minimum of nine years’ experience in financial planning and analysis, including at least three years in a supervisory role.
• A minimum of four years’ experience specifically in budgeting activities, ideally within procurement and logistics sectors.

Application

The application deadline is 30 days from the date of posting.