Senior Specialist, Financial Planning and Analysis

Sapphire is a joint venture based in the Special Integrated Logistics Zone (SILZ) in Riyadh, Sapphire is focused on the manufacturing of industrial robots that support the next generation of automation, smart manufacturing, and advanced industrial capability in the Kingdom of Saudi Arabia.

The Sr Specialist, FP&A leads and supports the FP&A and Treasury functions, covering budgeting, forecasting, financial modeling, and management reporting. On the treasury side, the role encompasses cash flow management, liquidity planning, cash forecasting, and supporting banking relationships and financing activities. Beyond execution, the position carries review and oversight responsibilities, ensuring the accuracy, integrity, and strategic alignment of financial reports, models, and analyses.

Reporting directly to the FP&A Manager, the role requires advanced analytical expertise, a high degree of ownership, and the ability to drive informed decision-making and influence stakeholders through meaningful financial insights and recommendations.

• Lead the annual budgeting process and support periodic forecasting cycles
• Prepare financial stewardship and management reports with insights and recommendations
• Perform variance analysis (actual vs. budget/forecast) and highlight key drivers
• Develop, maintain, and enhance financial models to support planning, forecasting, and strategic decision-making
• Support long‑term planning and strategic financial initiatives
• Prepare supporting schedules for financial statements and Zakat filing
• Assist in the preparation of financial statements in line with applicable accounting standards and policies
• Consolidate and prepare Board and management reporting packages, ensuring accuracy, clarity, and alignment with key insights
• Review financial data to ensure accuracy, completeness, and compliance with internal controls
• Support internal and external audit processes, including preparation of audit schedules and responding to auditor inquiries
• Support audit processes and regulatory reporting requirements
• Maintain strong knowledge of accounting operations and processes, ensuring proper integration between accounting records and financial reporting
• Support the development, implementation, and adherence to financial policies and procedures, ensuring alignment with best practices and regulatory requirements

• Provide financial analysis and advisory support to management and business units
• Evaluate business performance and identify risks and opportunities
• Support business case preparation, feasibility studies, and investment evaluations
• Perform scenario and sensitivity analysis to support strategic decisions
• Perform financial reviews of loan agreements and prepare promissory notes

• Review daily cash positions to ensure accuracy and availability of funds
• Prepare cash call requests and coordinate with banks to obtain statements and resolve discrepancies
• Perform and review bank reconciliations
• Monitor cash flow, liquidity, and working capital position
• Manage and optimize time deposits and short‑term investments to enhance returns while maintaining liquidity
• Maintain and strengthen effective relationships with banks to ensure smooth operations and favorable terms
• Support banking facilities and financing arrangements
• Process disbursements and MPS transactions, ensuring proper authorization and timely payments
• Maintain and monitor the invoice tracker
• Oversee and manage insurance policies, including renewals, coverage adequacy, and claims coordination
• Support the implementation and monitoring of Enterprise Risk Management (ERM) practices, including identifying, assessing, and tracking financial and operational risks

• Bachelor’s degree in Finance, Accounting, or a related field (Master’s degree is a plus)
• Minimum 7–10 years of total professional experience, with strong exposure to FP&A, financial reporting, and treasury functions
• Solid understanding of financial modeling, budgeting, forecasting, and accounting operations
• Experience in cash management, banking relationships, and financial analysis is highly preferred
• Familiarity with regulatory requirements, audit processes, and financial policies is an advantage
• Proficiency in English and Arabic, both written and spoken

• Treasury & Cash Management
• Risk, Audit & Compliance (ERM)
• Strategic Thinking & Business Partnering
• Analytical & Quantitative Skills
• Stakeholder Communication & Systems Proficiency

• Microsoft Office Suite (Advanced Excel, Word, PowerPoint)
• Microsoft Dynamics 365 (Finance & Operations / Business Central)
• Financial modeling & forecasting tools
• Financial reporting and reconciliation frameworks
• Budgeting and planning systems
• Data analysis and visualization tools (e.g., Power BI, Excel dashboards)
• Treasury management systems and banking platforms