About Foodics
Foodics, a Saudi fast-growing startup in MENA, offers a complete Cloud point-of-sale SaaS with tools that help Famp;B and retail businesses start, track and grow. B2B sellers use Foodics to accept payments, track inventory, monitor sales, send orders to the kitchen, digitize menus, manage employees and analyze the whole business with smart reports, anytime and anywhere on the cloud. Available in English, Arabic, Spanish and French. Foodics works offline with iOS apps that securely store data on the cloud and can integrate with third-party apps. Founded in 2014 and headquartered in Riyadh, Foodics is currently available across the MENA region, with offices based in Saudi Arabia, United Arab Emirates, and Egypt with a culture retaining talents and promoting creativity and efficiency. Foodics today is one of the most promising SaaS companies in MENA and future Unicorn (1 Billion USD company) and we are looking for people like you to help shape tomorrow at Foodics.
Vision
To become a leading Fintech and software trusted partner globally, for retailers and sellers who want to grow their business.
Mission
We empower sellers with a comprehensive point of sale platform to enrich their operations. We give complete business control and offer smart reports on sales, customers, employees, and inventory. We also provide an ecosystem of tools to seamlessly accept payments and finance growth.
Job Brief
We are looking for a reliable Head of Planning amp; Reporting who would be responsible for managing the financial planning and forecasting process, strategic planning and delivering insight through management reporting and analysis ensuring that this evolves to meet the needs of Foodics Operations, monitoring the Pamp;L as well as business performance and early detection of issues.
Main Responsibilities
- Prepare the annual budget, compare it to actual results, and report on variances from the budget.
- Schedule, organize and implement the budget process, including the preparation of seminars, guidelines and worksheets for departments.
- Compile and review the budgets for departments, taking into consideration actual performance, previous expenditures and estimated expenses and income.
- Maintain accurate spending records and establishes measures for budgetary control.
- Examine whether budget submissions can be achieved based on known capacity constraints and inform management of potential problem areas.
- Propose enhancements to the budget model.
- Analyse monthly department budgeting and accounting reports to maintain expenditure controls.
- Oversee the preparation of annual budgeting and subsequent budget revisions.
- Prepare regular and special budget reports.
- Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
- Seek new ways to improve efficiency and increase profits.
- Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
- Perform cost-benefits analyses to compare operating programs, review financial requests, and explore alternative financing methods.
- Improve financial and non-financial KPI’s and the appropriate reporting to assess functions performance regularly.
- Analysis and recommendation for areas of improvement in the business.
- Control the business and early warning signal for risks.
Requirements
- Proven comprehensive experience of forecasting and analysis of revenues and operating expenses.
- Experience in the development and analysis of business unit profitability reporting, including the design and management of allocation rules.
- Ability to translate data into useful information and to communicate key findings and assumptions in a concise fashion to senior management for decision making purposes.
- Advanced forecasting abilities and expert level of use of various softwares/tools.
- Strong interpersonal skills to effectively work and communicate with all levels in the organization.
Benefits
- Attractive compensations and benefits.
- Accelerated learning experience.
- Flexible, people-focused culture .