Role Overview
The Senior FRP & Budgeting Specialist plays a pivotal role in driving the organization's financial planning, reporting, and budgeting processes. Reporting directly to the FRP & Budgeting Section Head or Senior Manager, this position is responsible for executing advanced financial reporting, planning, and budgeting activities that support strategic decision-making and ensure fiscal discipline across the enterprise.
Key Responsibilities
- Lead the end-to-end budgeting cycle, including preparation, coordination, and consolidation of annual budgets and periodic forecasts.
- Develop and maintain sophisticated financial models for scenario planning, variance analysis, and performance tracking.
- Produce high-quality management reports, dashboards, and KPI scorecards for senior leadership and stakeholders.
- Conduct deep-dive variance analysis (actuals vs. budget/forecast) and provide actionable insights to business partners.
- Collaborate cross-functionally with department heads to align financial plans with operational objectives.
- Enhance and automate reporting workflows using ERP systems (e.g., SAP, Oracle) and advanced Excel/Power BI tools.
- Ensure compliance with corporate accounting policies, IFRS/GAAP standards, and internal controls.
- Mentor junior analysts and contribute to continuous improvement of FRP methodologies and templates.
Required Qualifications
- Bachelor's degree in Finance, Accounting, Economics, or related field; professional certification (CPA, CMA, CFA, ACCA) strongly preferred.
- Minimum 5-7 years of progressive experience in financial planning & analysis (FP&A), budgeting, or management reporting within a complex, multinational environment.
- Proven expertise in budgeting, forecasting, long-range planning, and variance analysis.
- Advanced proficiency in Excel (pivot tables, VLOOKUP/XLOOKUP, macros) and experience with ERP systems (SAP, Oracle, Hyperion, Anaplan, or similar).
- Strong analytical mindset with ability to translate complex financial data into clear business narratives.
- Excellent communication and stakeholder management skills, fluent in English (Arabic a plus).
Preferred Qualifications
- Experience in the same industry or similar regulatory environment.
- Familiarity with data visualization tools (Power BI, Tableau) and automation (Python, VBA, Power Query).
- Track record of leading process improvement initiatives in FRP cycles.
- Ability to thrive in a fast-paced, matrixed organization with competing priorities.
Core Competencies
- Financial Acumen: Deep understanding of P&L drivers, balance sheet dynamics, and cash flow implications.
- Strategic Thinking: Aligns financial plans with corporate strategy and identifies risks/opportunities.
- Attention to Detail: Ensures accuracy and integrity of all financial deliverables.
- Collaboration: Builds trust with finance and non-finance partners to drive consensus.
- Adaptability: Embraces change and leverages technology to elevate FRP capabilities.