Full-time Budget Specialist Jobs in Dammam

About the Role

Napco National is seeking a General Cost Senior Analyst to join its finance team in Dammam, Eastern Province, Saudi Arabia. This full-time position offers an opportunity for an individual to contribute to the financial planning, analysis, and reporting functions of the organization. The role is integral to supporting various business units and executive leadership by providing financial insights, assisting in strategic decision-making, and ensuring compliance with financial standards.

Key Responsibilities

• Report on and analyze operational metrics and Key Performance Indicators (KPIs) to track business performance.
• Create, update, and maintain comprehensive financial forecasts, including Profit & Loss (P&L) statements, balance sheets, and cash flow projections.
• Assist in the financial budgeting and forecasting activities for the organization's various Business Units and departments.
• Conduct variance analysis by comparing financial results against budgets and forecasts, providing explanations for performance differences.
• Support sites and executive leadership in the preparation of the annual budget and business plan by providing necessary data, figures, and technical assistance.
• Execute assigned actions within the scope of the role to ensure compliance with legal requirements.
• Compile and analyze data and trends related to income, expenses, and cash flow.
• Analyze business and financial results, providing insights and recommendations to support strategic decision-making.
• Assist in the preparation of regular reports and presentations for senior management and the company's Board, including monthly and quarterly P&L variance analysis against budget and forecast.
• Review financial results with accounting, FP&A, and business management teams.
• Conceptualize and develop summary charts and tables to facilitate the consumption of large datasets.
• Execute assigned actions related to projects for proper implementation.

Qualifications and Experience

The ideal candidate will possess 0-1 years of relevant experience in financial analysis, cost accounting, or a related field. This experience should demonstrate a foundational understanding of financial principles and practices.

Required Skills and Competencies

• Proficiency in analyzing Operational Metrics and KPIs.
• Experience in creating and maintaining Financial Forecasts (P&L, balance sheet, cash flow).
• Strong understanding of Financial Budgeting and Forecasting principles.
• Skilled in Variance Analysis to identify and explain financial discrepancies.
• Experience in Budget and Business Plan Preparation.
• Aptitude for Financial Modeling and complex Financial Analysis.
• Capability in Financial Reporting, including the preparation of management reports and presentations.
• Demonstrated Project Management abilities.

Work Location and Type

This is a full-time position based in Dammam, Eastern Province, Saudi Arabia.

About the Role

Eram Talent is seeking a Financial Analyst specializing in Planning & Performance Management for a full-time position in Dammam, Saudi Arabia. This role is responsible for driving the company's financial planning, budgeting, forecasting, and performance measurement initiatives to support strategic objectives. The successful candidate will collaborate with senior management and cross-functional teams, providing financial performance analysis and actionable insights for continuous improvement.

Key Responsibilities

• Lead comprehensive financial planning and analysis processes, including budgeting, forecasting, and long-term strategic planning.
• Monitor and evaluate key performance indicators (KPIs) aligned with financial and operational goals.
• Prepare detailed variance analysis reports, comparing actual financial results against budgets and forecasts.
• Identify opportunities for cost optimization and drive initiatives for efficiency improvements.
• Collaborate with various departments to ensure alignment of financial plans with business strategies.
• Develop and maintain financial models to support strategic decision-making and key initiatives.
• Deliver performance reports and presentations to senior management and stakeholders.
• Utilize analytical tools and software for data analysis and reporting.
• Stay informed about market trends, industry developments, and regulatory changes impacting financial planning and performance management.

Qualifications and Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or a closely related field.
• A minimum of 10 years of progressive experience in Financial Analysis, Planning & Performance Management, or Business Systems Analysis.
• Proven experience within the Oil & Gas Upstream sector is highly preferred.
• Demonstrated strong experience in financial planning, budgeting, forecasting, financial modeling, and performance management.
• Experience in leading transformation programs, value capture initiatives, KPI development, and performance reporting within large organizational structures.
• Exceptional analytical, communication, and stakeholder management skills, with a proven ability to provide strategic financial insights and recommendations.
• Strong expertise in budgeting, forecasting, variance analysis, and financial modeling techniques.
• Proficiency in Microsoft Excel and financial planning software.
• Experience with Power BI or SAP is considered a significant advantage.
• Excellent analytical, problem-solving, and communication capabilities.
• Ability to work collaboratively across diverse teams and manage multiple stakeholders effectively.
• Fluency in English is mandatory; knowledge of Arabic is considered an advantage.

Required Skills

• Financial Planning
• Budgeting
• Forecasting
• Performance Measurement
• Financial Analysis
• Variance Analysis
• Cost Optimization
• Financial Modeling
• Performance Reporting
• Data Analysis
• Market Trends Analysis
• Industry Developments Analysis
• Regulatory Changes Analysis
• Transformation Programs
• Value Capture Initiatives
• KPI Development
• Communication
• Stakeholder Management
• Problem-solving
• Microsoft Excel
• Power BI (preferred)
• SAP (preferred)

Work Environment and Compensation

This is a full-time position based in Dammam, Eastern Province, Saudi Arabia. The company is focused on securing the right candidate, and salary is not a constraint.

About the Role

NOV is seeking an experienced Finance Manager to join its Corporate team. This full-time position is based in Dammam, Eastern Province, Saudi Arabia, and plays a key role in supporting the company's global operations through robust financial management and reporting. The role contributes to the strategic success of NOV, a company that powers the oil and gas industry.

As part of a global organization, this role offers the opportunity to contribute to innovation and uphold a commitment to service excellence, anticipating customer needs and delivering high-quality products and services.

Key Responsibilities

• Execute monthly financial closing procedures in accordance with International Financial Reporting Standards (IFRS) and distribute financial statements to relevant stakeholders.
• Ensure timely and accurate monthly tax compliance.
• Manage and oversee the annual statutory audit process and facilitate group reporting requirements.
• Oversee annual tax compliance and transfer pricing regulations.
• Develop and manage annual financial plans and budgets.
• Prepare and deliver comprehensive board presentations.
• Respond to ad-hoc financial requests from the Board of Directors and the Chief Financial Officer (CFO).
• Effectively manage treasury functions.

Required Experience

A minimum of 12 years of progressive experience in financial reporting and management is required for this position.

Skills and Capabilities

• Proficiency in financial reporting.
• Strong management capabilities.

Work Location and Type

This is a full-time position located in Dammam, Eastern Province, Saudi Arabia.

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.