Financial Analysis Section Head

About the Role

AlRomaih Industrial Commercial Group is seeking a Financial Analysis Section Head to join their team in Riyadh. This full-time role involves conducting detailed financial analysis, including budgeting, forecasting, and trend analysis, to support strategic decision-making within the organization.

Role Overview

The Financial Analysis Section Head will be responsible for analyzing financial performance against key business metrics and benchmarks. This position plays a crucial role in the preparation of annual budgets and periodic forecasts, providing essential insights to management and stakeholders.

Key Responsibilities

• Conduct detailed financial analysis, including budgeting, forecasting, and trend analysis.
• Analyze financial performance against key business metrics and benchmarks.
• Assist in the preparation of annual budgets and periodic forecasts.
• Monitor actual financial performance against budgeted targets and provide variance analysis.
• Prepare and present financial reports to management and other stakeholders.
• Develop customized reports to meet specific departmental needs.
• Analyze costs associated with various business activities and recommend cost-saving measures.
• Evaluate the financial impact of proposed initiatives or projects.
• Develop and maintain financial models to support strategic initiatives and decision-making.
• Perform sensitivity analysis to assess potential financial risks and opportunities.
• Track and organize financial data, ensuring accuracy and completeness.
• Collaborate with IT to enhance data systems for efficient financial reporting.
• Ensure the accuracy and reliability of financial forecasts.
• Identify and explain variances between actual results and forecasts.
• Conduct ad hoc financial analysis as requested by management.
• Provide insights into specific financial concerns or opportunities.
• Execute activities related to the function using safe and environmental methods.
• Perform any other duties assigned by the direct supervisor or manager.

Work Environment

This is a full-time position based in Riyadh, contributing to the financial analysis functions of AlRomaih Industrial Commercial Group.