Director - Finance Planning and Analysis

About the Company:

Almosafer (part of Seera Group) Saudi Arabia’s Leading Travel Company

Elevating the journey for travelers from Saudi Arabia, the region & beyond, while harnessing Seera Group’s 40+ years of expertise, Almosafer supports Saudi Arabia’s vision as a national champion for tourism. Almosafer creates opportunities for outbound, leisure, and religious travel, whilst serving B2C and B2B customers, partners, and suppliers with state-of-the-art travel solutions, a digital-first mindset, and travel advisory.

About the Job:

We are looking for an experienced Director of Finance Financial Planning and Analysis to oversee all the strategic and operational planning process of Almosafer. This role will be responsible for driving efficiency, automation and process improvements in the reporting, budgeting, and planning processes across all Almosafer’s business units. Leading a team of FP&A professionals, the FP&A Director will have a mandate to spearhead finance data governance ensuring the use of trusted data sources for reporting financial analysis across the finance department as well as safeguarding financial information throughout the organization. The role is part of the finance leadership team, reporting directly to the CFO it exposes the candidate to interacting collaboratively with other business/functional leaders, executive leadership team, as well as external adviser and investors on a regular basis.

Responsibilities:

• Manage the implementation of a budgeting/forecasting solution to streamline the entire planning processes and provide enhanced reporting functionality.
• Oversee the management reporting, budgeting and planning processes, as well as drive efficiency of these processes across all business units.
• Support M&A projects by performing company valuations, due diligence and other financial analysis as requested.
• Support capital allocation decisions across the group through performance measurement.
• Partner with Digital, Data and other teams across the organization to improve the forecasting and analytics process through automation and streamlining the flow of data.
• Improve the insights provided by the finance teams from being primarily descriptive and diagnostic to include predictive and prescriptive insights.
• Prepare financial models for new and existing businesses as well as ad hoc investment projects.
• Finance data governance (own the flow of data and data sources used by all finance teams).
• Automate standard and ad hoc management reports while promoting the use of data visualization tools across the finance department.
• Prepare benchmark analysis to improve business decisions and drive improvement across business units.
• Identify, track and apply in our strategic planning process, the micro/macro-economic indicators that impact our business.

Profile Requirements:

• Drive the financial planning of the company by analyzing its performance and risks.
• Set up and oversee the company’s finance system, incorporating newest technology in Finance Department.
• Retain constant awareness of the company’s financial position and act to prevent problems.
• Develop the corporate fundraising strategy and manage relationships with partners and investors.
• Prepare timely and detailed reports on financial performance on a quarterly and annual basis.
• Conduct analysis to make forecasts and report to upper executives.
• Ensure adherence to financial laws and guidelines.
• Develop financial models through benchmarking and process analysis.
• Compare anticipated and actual results and identify areas of improvement.
• Review accounting transactions for data accuracy.
• Participate in budgeting (for departments and projects).
• Establish financial policies.
• Maintain confidentiality of financial information and investment decisions.

Being you @ Almosafer:

At Almosafer we strongly believe in diversity and equal opportunities for all candidates. We do not discriminate based on any characteristic and follow fair employment practices regarding citizenship and immigration status. Join our inclusive work environment.