Full-time Financial Analysis 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.

Join Matar Holding Company as a Senior Treasury Specialist!
As a key member of our finance team, you will play a vital role in managing the company’s cash flow and ensuring liquidity while mitigating financial risks.

Key Responsibilities:

• Monitor and manage daily cash positions to ensure operational and capital investment requirements are met.
• Prepare cash rolling forecasts and budgets, and analyze financial data to inform strategic decisions.
• Manage relationships with banks and financial institutions, developing investment strategies to optimize returns on surplus funds.
• Identify and mitigate financial risks, including currency and interest rate risks.
• Ensure compliance with treasury policies and prepare financial reports for senior management.

Requirements:

• Bachelor's degree in Finance, Accounting, or Banking (Master's or professional certification like ACCA or CFA is a plus).
• Minimum of 5+ years of experience in treasury or finance.
• Strong understanding of financial markets and banking.
• Excellent analytical and problem-solving skills with attention to detail.
• Effective communication and interpersonal skills.

Join us in our mission to enhance financial efficiency and accuracy at Matar Holding Company, recognized for our commitment to quality and customer satisfaction.