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.
