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We're Hiring: Financial Planning & Analysis Manager

Type: Full-Time

About Reef Holding

Reef Holding is a leading Saudi company rooted in the world of fine fragrances. With a diverse portfolio that spans fragrances, beauty, and fashion, Reef delivers a holistic lifestyle experience blending authenticity, quality, and modern elegance. Our business continues to expand into new sectors, driven by innovation and a passion for excellence.

About the Role

We are seeking a FP&A Manager to lead Reef Holding’s financial planning, budgeting, and performance analysis activities. In this strategic role, you will provide accurate and timely financial insights that support decision-making and long-term growth. You will collaborate with multiple departments, ensure efficient financial operations, and help shape the company’s financial strategy.

Key Responsibilities:

• Lead the company’s financial planning and budgeting processes in collaboration with different departments.
• Deliver accurate and timely financial data to guide executive decision-making.
• Analyze monthly, quarterly, and annual financial performance against targets and identify variances.
• Conduct financial feasibility studies and investment evaluations with recommendations.
• Ensure proper preparation of budgets, forecasts, and financial statements .
• Monitor budget compliance and address deviations through corrective measures.
• Review cash flow reports, balance sheets, and income statements , and ensure financial data integrity.
• Prepare and present analytical reports and dashboards to senior leadership.
• Oversee company-wide financial consolidation , market trend analysis, and performance reporting.
• Support funding and financing initiatives , including preparing documentation and negotiating terms.
• Manage day-to-day financial operations , including payments, collections, and reconciliations.
• Lead the development and implementation of financial policies and procedures.
• Supervise and support the finance team’s performance , workload distribution, and development plans.

Required Qualifications:

• PhD in Finance, Accounting, Economics, or a related field.
• Extensive experience in the retail sector is a must,preferably in industries such as perfumes, cosmetics, fashion, beauty, or consumer goods.
• 5+ years of experience in financial planning, budgeting, and reporting.
• Strong understanding of financial systems, analysis techniques, and local regulations.
• Advanced Excel and financial modeling skills.
• Excellent problem-solving and communication abilities.

Preferred Skills & Tools:

• Experience with ERP systems (e.g., Microsoft Dynamics, SAP).
• Familiarity with Power BI, Tableau, or other data visualization tools.
• Understanding of Saudi financial regulations and compliance.
• Experience with strategic planning, investment analysis, and internal auditing.
• Exposure to retail, distribution, or manufacturing industries is a plus.

Why Join Reef Holding?

At Reef Holding, finance drives strategy and innovation. As our FP&A Manager, you’ll be part of a dynamic and growing organization where your insights will shape real business outcomes. If you’re passionate about turning data into action and want to make a lasting impact, this is your opportunity.

• Seniority level Not Applicable

• Employment type Full-time

• Job function Finance
• Industries Retail

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INSPIRE | EXHILARATE | DELIGHT

For over seven decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. In its pursuit to excel as a hybrid luxury retailer, the Group has curated a portfolio of over 10 owned brands and strengthened its distribution and marketing expertise for over 400 international names across luxury fashion, beauty, jewellery, watches, eyewear, and art de vivre categories.

Every step at Chalhoub Group is taken to build a future where luxury dreams become reality — bridging cultures and crafting memorable experiences for our consumers. Be it by constantly reinventing itself, committing to innovation, or embracing new technologies, the Group is shaping the future of luxury retail. It delivers seamless omnichannel experiences across more than 950 stores, online platforms, and mobile apps. Driving this innovation journey is The Greenhouse — the Group’s innovation hub, incubator, and accelerator for startups and emerging businesses, regionally and globally.

Chalhoub Group fosters a people-at-heart culture rooted in diversity, equity, and inclusion, and a workplace catalysed by forward thinking and future-proofing. Today, it brings together over 16,000 talented professionals across eight countries in the Middle East, with a presence in LATAM. Their collective efforts have earned the Group the Great Place to Work certification in several markets.

Sustainability is at the core of the Group’s strategy, guided by a clear commitment to people, partners, and the planet. Chalhoub Group is proud to be a member of the United Nations Global Compact, a signatory of the Women’s Empowerment Principles, and to have pledged to reach Net Zero by 2040.

What you'll be doing

• Develop trustworthy relationship with the Business Units to drive financial management and processes.
• Support operations in preparing P&L projection, analysis of financial viability of new investments and budget follow-up.
• Organize internal and external reporting; make constructive proposals and act as an internal consultancy to Managing Director, Finance Director and Business units’ Managers to monitor the business.
• Evaluate business proposals with complete analysis of economic impact on business Analyze financial information to produce forecasts of business, industry and economic conditions for use in making decisions.
• Assist in developing Financial Strategic Planning such as the 3-Y Plan Review purchase cycle and analyze the Cash Flow and stock position on regular basis to provide corrective actions if necessary.
• Prepare variance analysis and recommendations on monthly financial figures from business units compared to budget and last year and issue reports as required by the management.
• Follow up and control the capital expenditure budgets allocated to the business unit.
• Monitor the cost structure of the companies’ business units and prepare business profitability analysis.
• Arrange, observe and control the P&L, balance sheet and recommend action.
• Provide Internal Control and ensure compliance with all Group Policies and Procedures Prepare and monitor the performance of internal rate of return (IRR) studies for proposed outlets and new products.
• Prepare the Monthly dashboard, budget revisions and close follow up on: collections, payables, stock, sales and net margin. challenge assumptions and propose revisions.
• Drive month end closing by analyzing trial balances, researching general ledger activity and variances to budget and prior year.
• Develop and improve processes related to expenditure, appropriate financial methods to beer evaluate and measure performance
• Provide analytical support as required to various cross-function initiative and ad hoc projects (e.g. preparing business plans, study of the cash flow and P&L)
• Instigate and participate in all process improvement initiative related to the Business Unit
• Participate in relevant projects and community activities as and when needed
• Monitoring and managing the organization’s bank relationships and liquidity management
• Forecasting of medium and long- term funding and hedging requirements Daily cash management
• Debt facilities management

What you’ll need to succeed

• Master/BA in Finance.
• Minimum of 8-10 years' experience in Financial Planning positions of increasing responsibility.
• Excellent analytical skills with demonstrated experience with financial statement analysis, financial metrics.
• Advanced knowledge of Microsoft Office, primarily Excel and Dashboard.
• Proven track record of demonstrating intellectual curiosity, problem solving, business acumen and enthusiasm.
• Excellent communication and organizational skills. Proven ability to collaborate across teams, functions and departments.
• Ability to work well with a team and also thrive independently.
• Attention to accuracy and detail required

What we can offer you

With us,you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.

We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employeediscounts.

We Invite All Applicants to Apply

It Takes Diversity Of Thought, Culture, Background, Differing Abilities and Perspectives to truly Inspire, Exhilarate and Delight our customers. At Chalhoub Group, we are committed to inclusion and diversity.

We welcome all applicants to apply and be part of our exciting future. We ensure equal opportunity for all our applicants without regard to gender, age, race, religion, national origin or disability status.

Assist in the preparation of financial forecasts, budgets, and long-term plans.

Conduct financial modeling and analysis to support investment decisions and evaluate capital projects.

Collaborate with cross-functional teams, providing financial insights and guidance to improve profitability and

performance.

Prepare monthly, quarterly, and annual financial reports, highlighting key findings, trends, and recommendations.

Monitor key financial indicators and performance metrics and provide ongoing analysis to identify areas for

improvement.

Support the development and implementation of financial policies, procedures, and systems.

Assist with risk assessment and management, ensuring compliance with regulatory requirements and industry

best practices.

Support the preparation of monthly, quarterly, and annual financial forecasts.

Prepare comprehensive financial reports and presentations for management and stakeholders.

Conduct variance analysis and identify key drivers of financial performance.

Collaborate with cross-functional teams to understand business drivers and support financial planning initiatives.

Provide financial insights and analysis to support decision-making across departments.

Build strong relationships with stakeholders to ensure alignment of financial plans with organizational goals.

Identify opportunities to streamline financial processes and improve efficiency.

Participate in initiatives to enhance financial planning tools, systems, and reporting

Requirements

Education Bachelor's degree in business, finance, or a related field.

Experience 0-3 years of experience in revenue management, pricing analytics, or a similar role, preferably within the hospitality

and entertainment sectors

Skills

Proficiency in data analysis tools such as Excel, SQL and Tableau is a plus.

Strong analytical and problem-solving skills.

Excellent communication and presentation skills.

Ability to work independently and collaboratively in a fast-paced environment.

Detail-oriented and highly organized, with the ability to manage multiple priorities effectively.

Languages: Fluent in English and Arabic .

Core

Competencies

Self-Actualization & Fulfilment: Proficiency Level - ADVANCED

Team Synergy & Development: Proficiency Level - ADVANCED

Entrepreneurial Mindset & Drive: Proficiency Level - ADVANCED

Business Acumen & Diligence: Proficiency Level - ADVANCED

INSPIRE EXHILARATE DELIGHT

For over seven decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. In its pursuit to excel as a hybrid luxury retailer, the Group has curated a portfolio of over 10 owned brands and strengthened its distribution and marketing expertise for over 400 international names across luxury fashion, beauty, jewellery, watches, eyewear, and art de vivre categories.

Every step at Chalhoub Group is taken to build a future where luxury dreams become reality - bridging cultures and crafting memorable experiences for our consumers. Be it by constantly reinventing itself, committing to innovation, or embracing new technologies, the Group is shaping the future of luxury retail. It delivers seamless omnichannel experiences across more than 950 stores, online platforms, and mobile apps. Driving this innovation journey is The Greenhouse - the Group's innovation hub, incubator, and accelerator for startups and emerging businesses, regionally and globally.

Chalhoub Group fosters a people-at-heart culture rooted in diversity, equity, and inclusion, and a workplace catalysed by forward thinking and future-proofing. Today, it brings together over 16,000 talented professionals across eight countries in the Middle East, with a presence in LATAM. Their collective efforts have earned the Group the Great Place to Work certification in several markets.

Sustainability is at the core of the Group's strategy, guided by a clear commitment to people, partners, and the planet. Chalhoub Group is proud to be a member of the United Nations Global Compact, a signatory of the Women's Empowerment Principles, and to have pledged to reach Net Zero by 2040.

What you'll be doing

• Develop trustworthy relationship with the Business Units to drive financial management and processes.
• Support operations in preparing P&L projection, analysis of financial viability of new investments and budget follow-up.
• Organize internal and external reporting; make constructive proposals and act as an internal consultancy to Managing Director, Finance Director and Business units' Managers to monitor the business.
• Evaluate business proposals with complete analysis of economic impact on business Analyze financial information to produce forecasts of business, industry and economic conditions for use in making decisions.
• Assist in developing Financial Strategic Planning such as the 3-Y Plan Review purchase cycle and analyze the Cash Flow and stock position on regular basis to provide corrective actions if necessary.
• Prepare variance analysis and recommendations on monthly financial figures from business units compared to budget and last year and issue reports as required by the management.
• Follow up and control the capital expenditure budgets allocated to the business unit.
• Monitor the cost structure of the companies' business units and prepare business profitability analysis.
• Arrange, observe and control the P&L, balance sheet and recommend action.
• Provide Internal Control and ensure compliance with all Group Policies and Procedures Prepare and monitor the performance of internal rate of return (IRR) studies for proposed outlets and new products.
• Prepare the Monthly dashboard, budget revisions and close follow up on: collections, payables, stock, sales and net margin. challenge assumptions and propose revisions.
• Drive month end closing by analyzing trial balances, researching general ledger activity and variances to budget and prior year.
• Develop and improve processes related to expenditure, appropriate financial methods to beer evaluate and measure performance
• Provide analytical support as required to various cross-function initiative and ad hoc projects (e.g. preparing business plans, study of the cash flow and P&L)
• Instigate and participate in all process improvement initiative related to the Business Unit
• Participate in relevant projects and community activities as and when needed
• Monitoring and managing the organization's bank relationships and liquidity management
• Forecasting of medium and long- term funding and hedging requirements Daily cash management
• Debt facilities management

What you'll need to succeed

• Master/BA in Finance.
• Minimum of 8-10 years' experience in Financial Planning positions of increasing responsibility.
• Excellent analytical skills with demonstrated experience with financial statement analysis, financial metrics.
• Advanced knowledge of Microsoft Office, primarily Excel and Dashboard.
• Proven track record of demonstrating intellectual curiosity, problem solving, business acumen and enthusiasm.
• Excellent communication and organizational skills. Proven ability to collaborate across teams, functions and departments.
• Ability to work well with a team and also thrive independently.
• Attention to accuracy and detail required

What we can offer you

With us,you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.

We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employeediscounts.

We Invite All Applicants to Apply

It Takes Diversity Of Thought, Culture, Background, Differing Abilities and Perspectives to truly Inspire, Exhilarate and Delight our customers. At Chalhoub Group, we are committed to inclusion and diversity.

We welcome all applicants to apply and be part of our exciting future. We ensure equal opportunity for all our applicants without regard to gender, age, race, religion, national origin or disability status.

Assist in the preparation of financial forecasts, budgets, and long-term plans.

Conduct financial modeling and analysis to support investment decisions and evaluate capital projects.

Collaborate with cross-functional teams, providing financial insights and guidance to improve profitability and

performance.

Prepare monthly, quarterly, and annual financial reports, highlighting key findings, trends, and recommendations.

Monitor key financial indicators and performance metrics and provide ongoing analysis to identify areas for

improvement.

Support the development and implementation of financial policies, procedures, and systems.

Assist with risk assessment and management, ensuring compliance with regulatory requirements and industry

best practices.

Support the preparation of monthly, quarterly, and annual financial forecasts.

Prepare comprehensive financial reports and presentations for management and stakeholders.

Conduct variance analysis and identify key drivers of financial performance.

Collaborate with cross-functional teams to understand business drivers and support financial planning initiatives.

Provide financial insights and analysis to support decision-making across departments.

Build strong relationships with stakeholders to ensure alignment of financial plans with organizational goals.

Identify opportunities to streamline financial processes and improve efficiency.

Participate in initiatives to enhance financial planning tools, systems, and reporting

Requirements

Education Bachelor's degree in business, finance, or a related field.

Experience 0-3 years of experience in revenue management, pricing analytics, or a similar role, preferably within the hospitality

and entertainment sectors

Skills

Proficiency in data analysis tools such as Excel, SQL and Tableau is a plus.

Strong analytical and problem-solving skills.

Excellent communication and presentation skills.

Ability to work independently and collaboratively in a fast-paced environment.

Detail-oriented and highly organized, with the ability to manage multiple priorities effectively.

Languages: Fluent in English and Arabic .

Core

Competencies

Self-Actualization & Fulfilment: Proficiency Level - ADVANCED

Team Synergy & Development: Proficiency Level - ADVANCED

Entrepreneurial Mindset & Drive: Proficiency Level - ADVANCED

Business Acumen & Diligence: Proficiency Level - ADVANCED

Assist in the preparation of financial forecasts, budgets, and long-term plans.

Conduct financial modeling and analysis to support investment decisions and evaluate capital projects.

Collaborate with cross-functional teams, providing financial insights and guidance to improve profitability and

performance.

Prepare monthly, quarterly, and annual financial reports, highlighting key findings, trends, and recommendations.

Monitor key financial indicators and performance metrics and provide ongoing analysis to identify areas for

improvement.

Support the development and implementation of financial policies, procedures, and systems.

Assist with risk assessment and management, ensuring compliance with regulatory requirements and industry

best practices.

Support the preparation of monthly, quarterly, and annual financial forecasts.

Prepare comprehensive financial reports and presentations for management and stakeholders.

Conduct variance analysis and identify key drivers of financial performance.

Collaborate with cross-functional teams to understand business drivers and support financial planning initiatives.

Provide financial insights and analysis to support decision-making across departments.

Build strong relationships with stakeholders to ensure alignment of financial plans with organizational goals.

Identify opportunities to streamline financial processes and improve efficiency.

Participate in initiatives to enhance financial planning tools, systems, and reporting

Education Bachelor's degree in business, finance, or a related field.

Experience 0-3 years of experience in revenue management, pricing analytics, or a similar role, preferably within the hospitality

and entertainment sectors

Skills

Proficiency in data analysis tools such as Excel, SQL and Tableau is a plus.

Strong analytical and problem-solving skills.

Excellent communication and presentation skills.

Ability to work independently and collaboratively in a fast-paced environment.

Detail-oriented and highly organized, with the ability to manage multiple priorities effectively.

Languages: Fluent in English and Arabic.

Core

Competencies

Self-Actualization & Fulfilment: Proficiency Level – ADVANCED

Team Synergy & Development: Proficiency Level - ADVANCED

Entrepreneurial Mindset & Drive: Proficiency Level - ADVANCED

Business Acumen & Diligence: Proficiency Level - ADVANCED

Assist in the preparation of financial forecasts, budgets, and long-term plans.

Conduct financial modeling and analysis to support investment decisions and evaluate capital projects.

Collaborate with cross-functional teams, providing financial insights and guidance to improve profitability and

performance.

Prepare monthly, quarterly, and annual financial reports, highlighting key findings, trends, and recommendations.

Monitor key financial indicators and performance metrics and provide ongoing analysis to identify areas for

improvement.

Support the development and implementation of financial policies, procedures, and systems.

Assist with risk assessment and management, ensuring compliance with regulatory requirements and industry

best practices.

Support the preparation of monthly, quarterly, and annual financial forecasts.

Prepare comprehensive financial reports and presentations for management and stakeholders.

Conduct variance analysis and identify key drivers of financial performance.

Collaborate with cross-functional teams to understand business drivers and support financial planning initiatives.

Provide financial insights and analysis to support decision-making across departments.

Build strong relationships with stakeholders to ensure alignment of financial plans with organizational goals.

Identify opportunities to streamline financial processes and improve efficiency.

Participate in initiatives to enhance financial planning tools, systems, and reporting

Education Bachelor's degree in business, finance, or a related field.

Experience 0-3 years of experience in revenue management, pricing analytics, or a similar role, preferably within the hospitality

and entertainment sectors

Skills

Proficiency in data analysis tools such as Excel, SQL and Tableau is a plus.

Strong analytical and problem-solving skills.

Excellent communication and presentation skills.

Ability to work independently and collaboratively in a fast-paced environment.

Detail-oriented and highly organized, with the ability to manage multiple priorities effectively.

Languages: Fluent in English and Arabic.

Core

Competencies

Self-Actualization & Fulfilment: Proficiency Level – ADVANCED

Team Synergy & Development: Proficiency Level - ADVANCED

Entrepreneurial Mindset & Drive: Proficiency Level - ADVANCED

Business Acumen & Diligence: Proficiency Level - ADVANCED

Qiddiya Investment Company is seeking a highly experienced and analytical Senior Specialist - Financial Analysis to join our finance team. As a key contributor, you will be responsible for delivering high-level financial insights that will shape strategic decisions and help drive the company's overall performance.

In this role, you will evaluate financial data, conduct extensive analyses, and contribute to the financial planning process. You will work collaboratively with various departments to provide financial guidance and ensure that our investment strategies align with Qiddiya’s ambitious vision.

• Conduct in-depth financial analyses and prepare reports that provide insights to senior management.
• Develop and maintain detailed financial models to support project evaluations and investment decisions.
• Monitor financial performance against budgets and forecasts, providing commentary on variances and risks.
• Collaborate with cross-functional teams to gather data and enhance financial forecasts.
• Present findings and recommendations to stakeholders effectively, both verbally and in writing.
• Assist in developing the annual budgeting process and long-term financial plans.
• Continuously identify opportunities for process improvements within the financial analysis framework.

• Bachelor’s degree in Finance, Accounting, or a related discipline; Master’s degree is a plus
• Minimum of 5 years of relevant experience in financial analysis, preferably within the entertainment, real estate, or large-scale project sectors
• Strong expertise in financial modeling, forecasting, and reporting
• Exceptional analytical and problem-solving skills, with a keen attention to detail
• Excellent communication and interpersonal skills, capable of presenting complex information clearly
• Advanced proficiency in Microsoft Excel and financial software; experience with ERP systems is advantageous
• Proactive, results-driven individual with the ability to work under pressure and meet deadlines

Offering a comprehensive compensation and benefits package.

• Lead the financial evaluation in the assigned departments’ projects through the set of the financial plan, development and review of the financial models, data and KPIs and the alignment with the concerned stakeholders.
• Act as the financial partner to the assigned departments through providing the support, financial knowledge, budget and forecasts and communicating the business requirements/needs of the assigned departments to the Finance division’s different departments to ensure interdepartmental alignment.
• Issue periodic financial reports for the assigned departments including the review of the actual progress against the financial plan in order to identify the financial performance of the assigned departments to the concerned stakeholders.
• Perform financial analysis for the assigned departments including the deficiencies and the areas of improvement in order to support the decision making process.
• Follow-up with the assigned departments and stakeholders on the decisions and corrective actions based on the financial analysis provided and identifying the financial impact of the decisions.
• Participate with the assigned departments in the development, update and documentation of the processes, procedures, SOPs…etc. through the collaboration with the concerned stakeholders to ensure standardization and the alignment with the financial requirements.
• Lead and participate in the automation of the financial analysis reports through the collaboration with the concerned departments as the IT division to ensure the efficiency, timely and accuracy of the financial reports and financial data.
• Act as a key advisor to business units, providing strategic financial insights and analysis to support decision-making.
• Drive the performance of finance teams, ensuring alignment with business objectives. Foster a culture of continuous improvement and strategic financial management.
  
  

• Indoors : 90%
• Outdoors : 10%
• Working Days : 5 Working Days
• Days off : 2 Days Off
• Working Hours : 8:00 AM – 6:00 PM (1 hour break)
  
  

• BSc in Finance or Accounting
  
  

• 3 in a similar role (for MG) 5 in a similar role (for SMG) Years of Experience
  
  

• MS Office Suite
  
  

• English
• Arabic