Budget Specialist Jobs in Al khobar

Join Our Team as a Finance Analyst!

Are you passionate about financial analysis and planning? KiCE Construction Equipment, a leading dealer and manufacturer of advanced construction equipment in Saudi Arabia, is looking for a dedicated Finance Analyst to join our expanding team in Al Khobar. We are known for representing internationally renowned brands and providing high-quality solutions tailored to the construction industry.

Role Responsibilities:

• Conduct financial analysis and planning to support strategic decision-making.
• Prepare financial statements and assist in financial reporting ensuring compliance and accuracy.
• Perform data analysis and budget planning to help improve financial performance.
• Provide actionable insights to enhance the financial health and stability of the organization.

Qualifications:

• Must be a Saudi national.
• Strong expertise in Financial Planning and Finance principles.
• Proficient in reviewing and analyzing Financial Statements.
• Excellent analytical skills with attention to detail.
• Experience in Financial Reporting is highly desired.
• Strong proficiency in Excel and financial modeling tools.
• Bachelor's degree in Finance, Accounting, Economics, or a related field.

Join us at KiCE Construction Equipment and contribute to our commitment to delivering superior products and services through innovative solutions and a customer-focused approach.

About the Role

Ashraq Development Company is seeking a Lead Financial Specialist to join its team in Al Khobar, Saudi Arabia. This full-time position is responsible for overseeing and enhancing financial control and reporting functions, ensuring adherence to international and local accounting standards, and mitigating financial risks. The role involves maintaining the accuracy and integrity of financial statements, providing insights to senior management, and leading key financial processes such as external audits and new contract assessments. A strong understanding of IFRS and SOCPA, along with exceptional analytical and leadership capabilities, is required.

Key Responsibilities

• Lead financial control and reporting activities, ensuring the accuracy, completeness, and timeliness of financial statements in compliance with International Financial Reporting Standards (IFRS) and Saudi Organization for Certified Public Accountants (SOCPA) requirements.
• Establish, implement, and enhance financial control frameworks, policies, and internal controls to safeguard company assets and mitigate financial and operational risks.
• Review and analyze financial statements, variance analyses, and management reports, providing clear explanations and actionable insights to senior management.
• Manage the external audit process, serving as the primary point of contact with external auditors and ensuring the resolution of audit findings.
• Oversee the implementation and interpretation of new or revised accounting standards, ensuring their proper adoption and documentation.
• Ensure ongoing compliance with IFRS and SOCPA, proactively identifying and resolving potential issues.
• Conduct IFRS assessments for draft contracts prior to tendering, evaluating accounting treatment, revenue recognition implications, and overall financial impact.
• Stay current with evolving accounting standards, regulatory updates, and industry best practices, embedding necessary changes into reporting and control processes.

Qualifications and Experience

• A Bachelor's degree in Accounting is required.
• A minimum of 6 years of progressive experience in Financial Control, Accounting, or Financial Reporting roles is essential.
• Possess strong, hands-on knowledge of IFRS and solid familiarity with SOCPA requirements.
• Demonstrated experience in leading external audits and effectively managing internal control systems.
• Possession of SOCPA and/or CPA certification is considered a significant advantage.

Required Skills and Attributes

• Financial Control
• Financial Reporting
• IFRS (International Financial Reporting Standards)
• SOCPA (Saudi Organization for Certified Public Accountants)
• Internal Controls
• Audit Management
• Accounting Standards
• Revenue Recognition
• Attention to Detail
• Professional Judgment

Work Context

This is a full-time position based in Al Khobar, Eastern Province, Saudi Arabia. The role requires 5-10 years of relevant experience.

About the Role

Jeeny, a mobile application focused on making daily commuting and transportation accessible, affordable, and flexible, is seeking a dynamic Planning & Performance Manager. This role is critical in enabling Jeeny's business teams to optimize decision-making, strategic planning, and performance management across all operational markets. Reporting directly to the CFO, the Planning & Performance Manager will lead a team of two analysts to drive efficiency and strategic alignment within the organization. The position involves overseeing end-to-end performance tracking, financial planning, and strategic reporting to ensure ridehailing operations function at peak efficiency, aligned with business objectives, while also fostering team growth.

Key Responsibilities

• Lead the development and management of quarterly and monthly budgets, including topline and bottom-line financial targets.
• Establish clear quarterly and monthly Key Performance Indicator (KPI) targets for business operations.
• Identify and analyze performance gaps against targets, collaborating with business teams to implement gap closure initiatives.
• Establish and maintain regular communication between business teams and leadership to monitor progress, including weekly performance calls and month-end retrospective meetings.
• Partner with business teams to facilitate informed decision-making on strategic and operational matters.
• Develop and maintain visibility of L0, L1, and L2 KPIs at appropriate frequencies for all business teams.
• Proactively track L1 and L2 KPIs to identify opportunities for improving L0 KPIs and overall operational performance.
• Develop business and financial models in response to ad-hoc requests from cross-functional stakeholders.
• Lead, mentor, and develop a team of strategy, planning, and performance analysts, setting objectives, managing performance, and cultivating a collaborative team culture.
• Collaborate cross-functionally with various departments to enhance overall operational efficiency and effectiveness.

Qualifications and Requirements

• Bachelor of Science (BSc) or Bachelor of Arts (BA) degree in Business Administration, Marketing, Finance, Data Analytics, or a closely related field. A Master of Science (MSc), Master of Arts (MA), or Master of Business Administration (MBA) is considered a strong asset.
• A minimum of 4 years of compulsory experience in Business Finance, Strategy, or Planning roles.
• Demonstrated experience in team management is a mandatory requirement.
• Strong presentation skills, capable of conveying complex information clearly and effectively.
• Fluent in written and spoken English.

Required Skills

• Expert proficiency in Microsoft Excel and PowerPoint.
• Skilled in utilizing data visualization software to present insights effectively.
• Strong expertise in automation and the application of Artificial Intelligence (AI) in business processes.
• Excellent written and verbal communication skills.
• Analytical mind with a strong aptitude for problem-solving.
• Proven ability to lead quarterly and monthly budget development.
• Capability to create quarterly and monthly KPI targets.
• Proficiency in outlining performance gaps and developing bridging initiatives with business teams.
• Experience in establishing communication cadences between business teams and leadership.
• Adept at partnering with business teams to support key decision-making.
• Skilled in creating visibility for L0, L1, and L2 KPIs.
• Ability to proactively identify opportunities for L0 KPI improvement through L1 and L2 KPI tracking.
• Experience in developing business and financial models for ad-hoc requests.
• Proven leadership and development skills for strategy, planning, and performance analysts.
• Strong capability in working cross-functionally to improve operational efficiency and effectiveness.

Work Environment and Location

This is a full-time position. The role is based in Riyadh, Jeddah, Medina, Dammam, or Al Khobar, Saudi Arabia. Jeeny offers an environment that encourages ownership and the pursuit of excellent outcomes, with opportunities for collaboration, learning, and skill expansion. Comprehensive health benefits and insurance coverage are provided, alongside flexible working hours to support work-life balance.