Director of Financial Planning and Analysis

At the beginning of the oud trade in the Kingdom of Saudi Arabia, Sheikh Ali bin Othman Al-Majd took the pioneering step in this field, which was flowing from his spirit and personality passionately presented a special approach that is unique to this trade, and left a distinguishing mark for those who followed him to develop and expand his approach today.

Al-Majed Aloes Oud Company is one of the most important pioneering companies in the perfume industry in the region.

Al-Majed Oud Company was established in 1956 to establish a promising market in the field of oud trade through the wholesale sector to culminate more than 60 years of experience in the manufacture of oud and perfumes and their preparations across the Gulf market, by creating and creating new aromatic lines that have contributed to expanding the customer base and expanding the base of customers.

300 sales platforms in the Kingdom of Saudi Arabia, the Country of Kuwait, and the Country of UAE, and the Country of Bahrain, and the Country of Oman, and the Country of Qatar

• Lead the annual budgeting process, rolling forecasts, and long-range financial planning
• Work with budgeting and planning systems such as Anaplan, Jedox, Oracle EPM, SAP BPC, or similar FP&A tools
• Prepare Actual vs. Budget / Forecast analysis with clear business insights and corrective actions
• Lead revenue, gross margin, OPEX, CAPEX, working capital, and cash flow analysis
• Own product costing analysis, including raw material cost, production cost, labor cost, overhead allocation, landed cost, and cost drivers
• Review BOM, routing, product master data, costing assumptions, and ERP costing setup
• Analyze standard cost vs. actual cost variances and provide recommendations to improve cost efficiency
• Lead pricing analysis, margin simulation, discount impact analysis, promotion profitability, and product profitability studies
• Support management in pricing decisions by linking cost, margin, market positioning, product mix, and profitability targets
• Review inventory valuation, stock aging, slow-moving items, COGS, and costing-related provisions
• Develop profitability analysis by product, category, channel, branch/store, customer segment, and business unit
• Build dashboards, KPIs, executive reports, and performance review packs
• Support business cases, feasibility studies, new initiatives, expansion plans, and investment decisions
• Partner with Commercial, Operations, Manufacturing, Supply Chain, Procurement, Accounting, and Executive Management
• Improve forecasting accuracy, cost visibility, pricing discipline, and data-driven decision-making

• Financial Planning & Analysis
• Budgeting, forecasting, and long-range planning
• Cost accounting, product costing, and manufacturing costing
• Pricing analysis, margin analysis, and profitability management
• Standard vs. actual cost variance analysis
• BOM review, routing, inventory valuation, COGS, and cost-driver analysis
• Business partnering and strategic decision support
• Management reporting and executive presentations
• Financial modeling, scenario analysis, and business cases
• Budgeting systems such as Anaplan, Jedox, Oracle EPM, SAP BPC, or similar tools
• ERP systems such as SAP, Oracle, Microsoft Dynamics, or similar platforms
• Advanced Excel, Power BI, dashboards, and data analytics
• Strong understanding of the link between costing, pricing, inventory, GL, and financial reporting
• Team leadership, stakeholder management, and cross-functional collaboration

Experience in retail, manufacturing, FMCG, perfume, cosmetics, consumer goods, or product-based industries will be highly preferred.

Professional certifications such as CMA, FPAC, CGMA / CIMA, Anaplan / Jedox certification, FMVA, or MBA