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Director of Financial Planning and Analysis

Magrabi Health, Healthcare, Saudi Arabia

Magrabi Health is a leading healthcare organization in Saudi Arabia dedicated to providing exceptional medical services and improving the well-being of individuals across the region. We are committed to delivering high-quality care, innovative solutions, and positive patient outcomes. Our work culture values collaboration, professionalism, and continuous growth, creating an environment where employees can thrive and make a meaningful impact.

As the Director of Financial Planning and Analysis at Magrabi Health, you will play a pivotal role in overseeing financial planning activities within our organization. You will be responsible for driving financial strategy, ensuring business sustainability, and supporting growth through insightful financial leadership. Working closely with senior leadership, you will lead the Financial Planning Department independently, aligning departmental objectives with overall business goals to drive strategic decisions effectively.

Your responsibilities will include overseeing the annual budgeting process by setting financial and operational targets, allocating resources efficiently, and preparing detailed budgets by country, branch, and key services. You will manage 12-month rolling forecasts to update year-to-date performance regularly, identify risks and opportunities, develop strategies to close performance gaps based on market conditions and internal performance. Additionally, you will collaborate with cross-functional teams to prepare periodic financial reports that provide detailed insights for monthly performance reviews.

We are seeking a qualified candidate with a Bachelor's degree in Finance, Accounting, Economics or related field. A Master's degree in Finance or Business Administration (MBA) is highly desirable along with certifications such as CPA, CFA, CIMA or ACCA. The ideal candidate should have at least 10-15 years of progressive experience in financial planning within multinational organizations in the GCC region. Experience in the healthcare sector is advantageous along with bilingual proficiency in English and Arabic.

If you possess strong leadership capabilities with expertise in enterprise performance management tools and advanced financial analysis software while demonstrating strategic thinking and analytical skills to drive business growth effectively - we invite you to apply for this position. As the Director of Financial Planning and Analysis at Magrabi Health, you will have the opportunity to lead long-term financial planning initiatives while contributing to our mission of delivering exceptional healthcare services across Saudi Arabia. Join us in making a difference in people's lives through your financial expertise and strategic vision.

Key Job Requirements:
  • 10-15 years of experience in financial planning
  • Experience within large multinational or regional organizations
  • Experience in the healthcare sector
  • Bachelor’s degree in Finance, Accounting, Economics, or related field
  • CPA, CFA, CIMA, CMA or ACCA certification required
  • Additional certifications in financial analysis or business planning
Key Job Responsibilities:
  • Lead Financial Planning Department
  • Annual Budgeting process oversight
  • Rolling Forecasts management
  • Performance Reporting coordination with cross-functional teams
Skills:
  • Financial Modeling expertise
  • Communication & Stakeholder Engagement skills
  • Cost Management & Optimization abilities
  • Cash Flow & Working Capital Management proficiency

Seniority Level: Executive Level

  • Middle Management
  • Senior Level

Job Functions: Finance

  • Accounting
  • Economics

Industries : Healthcare

  • Finance
  • Business Administration

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