Financial Planning & Analysis Manager

Role SummaryIn this position, Finance Planning & Analysis is responsible for supporting strategic decision-making through financial planning, budgeting, forecasting, business performance analysis, and financial reporting. The role partners with cross-functional teams provide financial insights, optimize profitability, develop financial models, monitor costs, and ensure alignment between financial objectives and the company's business strategy while supporting sustainable growth within a luxury jewellery brand.Main Responsibilities (including But Not Limited To) Financial Planning, Budgeting & Forecasting Lead the annual budgeting process across all departments. Coordinate with business functions to gather financial assumptions and planning inputs. Prepare annual operating budgets, roll forecasts, and long-term financial plans. Run financial forecast analysis and budget exercise activities. Monitor budget performance and analyze actual results against budget and forecast. Review financial assumptions to ensure alignment with business strategy. Align financial plans with company strategic initiatives and investment plans. Support strategic planning and business expansion projects.Financial Analysis & Business Performance Analyze monthly financial and operational performance. Prepare monthly, quarterly, and annual management reports. Calculate profitability by product, category, collection, and business channel. Conduct variance analysis against budget, forecast, and prior year performance. Perform Year-over-Year analysis and ad hoc financial analysis. Analyze revenue, margins, expenses, and profitability drivers. Develop dashboards and KPIs to monitor business performance. Translate financial data into actionable recommendations for management. Commercial Finance & Business PartneringPartner with Retail, Commercial, Marketing, Merchandising, Operations, and Supply Chain teams. Provide financial support and analysis for commercial initiatives.Evaluate pricing strategies, promotions, and commercial campaigns. Prepare ROI analysis for promotional activities and business initiatives. Analyze customer trends and commercial opportunities. Support store performance analysis and expansion decisions. Provide financial guidance to business stakeholders. Deliver meaningful financial insights to support decision-making. Financial Modeling & Investment Analysis Develop financial models to support strategic initiatives. Build long-term financial projections and growth scenarios. Prepare financial feasibility studies for new projects. Conduct sensitivity analysis and scenario planning. Support business cases for new investments and expansion opportunities. Identify financial risks and recommend mitigation strategies. Cost Management & Profitability Optimization Monitor operating expenses against budget. Analyze cost structures and profitability drivers.Introducing cost-saving and cost-reduction initiatives.Identify opportunities to improve operational efficiency. Review departmental spending and budget compliance.Develop metrics and tracking systems for major cost drivers.Support initiatives to maximize profitability while maintaining luxury brand standards. Inventory, Cost Accounting & Financial Control Manage day-to-day cost accounting operations.Perform monthly inventory valuation and Cost of Goods Sold (COGS) calculations. Analyze inventory turnover, stock aging, and product lifecycle.Monitor working capital performance and cash flow implications.Support inventory planning and purchasing decisions.Develop and improve cost accounting processes.Define policies and procedures for cost accounting activities.Prepare inventory-related financial reporting and analysis. Financial Reporting, Closing & Compliance Prepare monthly, quarterly, and annual financial reports. Support monthly closing activities. Prepare financial presentations and business review decks. Collaborate with Accounting and Finance teams during month-end close. Assist with quarterly earnings preparation and reporting. Support annual external audit requirements. Ensure accuracy, consistency, and integrity of financial information.Prepare reports on income, expenses, and profitability analysis. Process Improvement & Performance Enhancement Review and enhance financial processes and procedures. Develop new financial reporting tools and automation opportunities. Improve productivity within the cost accounting function. Identify process improvement initiatives across Finance. Support special financial projects and business initiatives. Promote data-driven decision-making throughout the organization. Build best practices that improve financial efficiency and operational performance.Key Requirements Work Experience: Minimum 8 years of experience in a finance role with costing background, FMCG experience with manufacturing background is a plus Strong knowledge of Microsoft word programs (power point, word and excel). Excellent analytical skills & ability to analyze large sets of data. Strong understanding of operations and commercial acumen. Excellent knowledge of word processing, spreadsheet, database management and presentation software. Good communication and coordination skills. Strong financial modeling and forecasting capabilities. Experience with ERP systems and Business Intelligence tools. Strong understanding of P&L, budgeting, forecasting, and profitability analysis. Strategic thinking and business acumen. Strong analytical and problem-solving skills. High attention to detail and accuracy. Excellent communication and presentation skills. Ability to influence stakeholders through financial insights. Strong ownership and accountability. Ability to work in a fast-paced luxury business environment.Education & Qualifications Education: Bachelor’s degree in finance,Accounting, Economics, Business Administration, or related field. Professionalcertifications such as CFA, CMA, ACCA, or CPA are an advantage.Language: Perfect command of both spoken & written in English and Arabic (additional languages are an advantage).Competencies Believe in Magic: (Passion & Commitment)Being enthusiastic and committed to what you are doing inside the organization. Stayfocused & continually aim to improve / reach success no matter what setbacks are on your way. Always Bring “A” Game: (Customer Excellence)High level of optimism and a "can do" Orientation. A willingness tosupport and be a part of a team in multiple activities and stay motivated to accomplish the goal while facing obstacles. Works effectively with and supports colleagues, fostering a positive and collaborative environment.Being a customer focuses by having the ability to understand internal/external needs and concerns in the short to long-term and to provide sound recommendations and/or solutions. Focusing efforts on understanding, meeting, and exceeding customer needs. Get it done. RIGHT: (Drive High Quality Results)Consistently achieves high levels of results while setting standards of excellence & quality. Seizes all opportunities to get the job done. Pay attention to details and pursue quality in accomplishing tasks. Be Real: (Ethics & Integrity)Behave in an honest, fair, and ethical manner. shows consistency in words and actions.Model’s high standards of ethics. Earning others’ trust and respect through consistent honesty and professionalism in all interactions. Be Creative: (Creativity & Innovation)Ability to generate non-traditional yet practical ideas that would serve a businesspurpose and identify & develop new methods, approaches, systems, or tools that best suit different situations and generate business results. Moreover, the ability to multitask and take initiative. Learn & Teach: (People Development)Fostering learning and development culture.Willingness to delegate responsibility, work with others, and coach to developtheir capabilities.