Financial analysis specialist Jobs in Dammam

Join ITT Inc. as a Financial Analyst and become a key player in our financial management team!
At ITT, we are committed to providing our customers with cutting-edge solutions across key global markets. We pride ourselves on our culture of continuous improvement and innovation. As a Financial Analyst, you will report directly to the Financial Controller and be responsible for all areas related to financial and management accounts at our facility.

Key Responsibilities:

• Oversee day-to-day bookkeeping functions including the preparation of local statutory accounts.
• Maintain a clean set of balance sheet supporting records, updating the ownership book monthly.
• Supervise the reconciliation of all bank accounts and inter-company accounts monthly.
• Timely submission of monthly financial reports and ad-hoc reports as required.
• Review the cost build-up of ongoing jobs and report potential overruns to management.
• Organize and oversee physical verifications of fixed assets and custody of inventory.
• Ensure warranty reserves, excess, and obsolescence reserves are adequate.
• Prepare annual strategic plans, budgets, and regular updates for forecasts.
• Manage credit approval and control, ensuring proper debt collection.
• Document and update financial control narratives and ensure SOA compliance.

Position Requirements:

• Bachelor’s degree in Finance & Accounting or Economics; advanced degree preferred.
• Minimum 10 years’ experience in finance/cost accounting, preferably with a multinational manufacturing company.
• Excellent computer literacy (MS Office, particularly Excel; knowledge of One Stream, SAP & Power BI is advantageous).
• Familiarity with US GAAP and/or IFRS is a plus.
• Strong analytical, problem-solving, and organizational skills.
• Excellent communication skills in English; Arabic is a plus.

Join us to make a lasting difference and help the world move forward!

Join Siemens Energy as a Senior Financial Analyst
At Siemens Energy, we are driven by sustainability and innovation. In this role, you will be part of a collaborative team culture where your analytical skills will directly impact management decisions and contribute to the strategic growth of Saudi Arabia.

Key Responsibilities:

• Control the GCO project portfolio in KSA focusing on key financial figures such as Revenue, Gross Margin, and Free Cash Flow.
• Participate in monthly project reviews and support the forecasting and annual budgeting processes.
• Prepare various deviation analyses for key financial figures and collaborate with commercial project managers.
• Identify and drive digitalization opportunities in Finance and Project Controlling.

Qualifications:

• Approximately 5 years of experience in controlling, reporting, or operational roles, with a strong foundation in financial analysis.
• A university degree in Business, Accounting, or Finance.
• Strong understanding of accounting principles and cash flow management.
• Proven track record of effective collaboration in multicultural teams.

About Us:Siemens Energy is a global leader in energy technology, dedicated to addressing the world's energy challenges through innovation. With a commitment to a diverse and inclusive work environment, we provide opportunities for growth and development while fostering a culture that values every individual’s contributions.

Explore a rewarding career with us and make a difference in the energy landscape!

Join ITT Inc. as a Financial Analyst and become a key player in our financial management team!
At ITT, we are committed to providing our customers with cutting-edge solutions across key global markets. We pride ourselves on our culture of continuous improvement and innovation. As a Financial Analyst, you will report directly to the Financial Controller and be responsible for all areas related to financial and management accounts at our facility.

Key Responsibilities:

• Oversee day-to-day bookkeeping functions including the preparation of local statutory accounts.
• Maintain a clean set of balance sheet supporting records, updating the ownership book monthly.
• Supervise the reconciliation of all bank accounts and inter-company accounts monthly.
• Timely submission of monthly financial reports and ad-hoc reports as required.
• Review the cost build-up of ongoing jobs and report potential overruns to management.
• Organize and oversee physical verifications of fixed assets and custody of inventory.
• Ensure warranty reserves, excess, and obsolescence reserves are adequate.
• Prepare annual strategic plans, budgets, and regular updates for forecasts.
• Manage credit approval and control, ensuring proper debt collection.
• Document and update financial control narratives and ensure SOA compliance.

Position Requirements:

• Bachelor’s degree in Finance & Accounting or Economics; advanced degree preferred.
• Minimum 10 years’ experience in finance/cost accounting, preferably with a multinational manufacturing company.
• Excellent computer literacy (MS Office, particularly Excel; knowledge of One Stream, SAP & Power BI is advantageous).
• Familiarity with US GAAP and/or IFRS is a plus.
• Strong analytical, problem-solving, and organizational skills.
• Excellent communication skills in English; Arabic is a plus.

Join us to make a lasting difference and help the world move forward!