Regional FP&A Manager - Europe
2 days ago
Madrid
Location: Madrid Office, Spain Todas las habilidades, cualificaciones y experiencia relevantes que necesitará un candidato seleccionado se enumeran en la siguiente descripción. Job Type: Permanent Employment, Full Time Department: Overseas Financial Center Reports Line: Head of European Finance Languages Required: English and Spanish (must) ABOUT MIDEA GROUP Midea Group is a publicly listed Global Fortune 500 company and is the world’s leading manufacturer of home appliances. Committed to bringing innovation to life, Midea Group goes beyond smart home appliances and comprises business pillars like HVAC and Building Technologies, Robotics and Automation, Electro-Mechanical and Digital Innovation. Being ranked #246 in the 2025 Global Fortune 500 List, Midea is proud of its 190,000+ employees and presence in 200+ countries, including several subsidiaries in the European market. • 63.3 Billion USD Total Revenue in 2025, • 5.4 Billion USD Net Profit in 2024, • Global Fortune 500 #246 in 2025 Midea's commitment to Europe goes beyond expanding its market reach. It’s also building a sustainable and innovative presence in the European market through localized operations, technological advancements, and an emphasis on energy-efficient solutions. and some key M&A activities in the region (KUKA, Teka and ARBONIA climate). • The work location is at Midea Europe HQ: Paseo de la Castellana, 85, 9th Floor, 28046 Madrid, Spain. Based in Madrid as the core operational hub, take overall charge of the full-lifecycle budget management covering Spain, Portugal, Germany, Italy, the UK, France and other European countries. Establish a European-adapted budget control system in compliance with local fiscal and tax regulations of Spain. Lead the annual budget formulation, execution monitoring, variance analysis and rolling forecast for the whole region. Cooperate with finance teams of European subsidiaries and local business departments in Madrid. Drive cost structure optimization and gross margin improvement through professional budget controlling, support regional business decision-making. Act as the key liaison between global headquarters and European branches to ensure standardized, compliant and efficient financial operation across Europe. KEY RESPONSIBILITIES Budget Planning & Formulation • Formulate unified regional budgeting standards, working procedures and timelines in line with group financial strategy and European business targets. Lead the overall budgeting process for all European subsidiaries., • Build regional financial budget model, conduct historical data review and multi-scenario business forecasting. Review budget drafts from each country, balance overall regional budget to align with business reality and group gross margin target., • Establish real-time monitoring mechanism for European budget performance, track revenue achievement, cost status and expense execution of all subsidiaries, focus on budget implementation of local Spanish business., • Take charge of local expense approval and cost verification in Madrid, supervise budget compliance across Europe, identify overspending and financial risks, issue early warnings and drive rectification., • Compile regular regional budget analysis report, deeply analyze variance of revenue, cost, expense and net profit. Deliver practical cost optimization and profit improvement solutions based on European market situation., • Lead quarterly and semi-annual rolling forecast, dynamically adjust budget scheme according to market fluctuation and business changes., • Partner with sales, operation and project teams across Europe. Participate in profit optimization, cost control and investment evaluation, support daily financial operation with PSI & PR standard process., • Serve as the core contact based in Madrid, submit regular budget report and forecasting data to group headquarters, implement unified financial requirements from head office., • Guide and manage finance members of European subsidiaries, organize regular budget training, unify management standards of the whole region. Education & Certification • Bachelor degree or above in Finance, Accounting, Economics or related majors., • Minimum 6 years full-cycle finance experience, among which over 3 years focused on FP&A and budget management., • More than 3 years working experience in multinational enterprise within Europe. Familiar with Spanish local taxation, EU accounting standards and European financial compliance requirements. Prior experience working in Madrid is a strong plus., • Expertise in budgeting, rolling forecast, variance analysis and cost controlling; outstanding skills in financial data analysis and modeling., • In-depth knowledge of IFRS, EU tax rules, Spanish local fiscal policy and European foreign exchange management regulations., • Proficient in ERP system including SAP / Oracle, advanced Excel and Power BI for data processing and visual analysis., • Fluent Spanish as daily working language, fluent business English for cross-European communication. Additional European language skills are preferred., • Excellent cross-cultural communication, coordination ability and team management skill;capable of managing multi-country financial work under cross-timezone environment., • Meticulous, highly responsible and able to work under pressure; willing to take European business travel., • Based in Madrid, a prime European hub, you will lead pan‑European budget management, combining Spanish market expertise with a global strategic perspective., • You will play a core strategic role with direct impact on European business decisions and gross margin optimization., • Join an international, multicultural team operating on a standardized global finance platform to strengthen your global competitiveness., • Access structured international training, European rotation opportunities, and sponsorship for professional qualifications.