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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationDhahran
Join our team as an Accounting & Financial Analyst!
We are looking for a dedicated professional to support both accounting and financial analysis functions within our organization. You will play a crucial role in maintaining financial accuracy and compliance while contributing to our financial planning processes.

Key Responsibilities:
  • Financial Accounting & Bookkeeping: Maintain and oversee general ledger records, assist in month-end/year-end closing, and support financial statement preparation.
  • Accounts Payable & Receivable: Process vendor invoices and manage accounts receivable, ensuring proper documentation and approvals.
  • Budgeting & Financial Planning: Assist in the preparation of annual budgets and quarterly forecasts, monitor performance against budgets, and provide insights.
  • Banking & Cash Management: Monitor daily cash balances, prepare cash flow reports, and coordinate with banks for reconciliations.
  • Financial Analysis & Reporting: Conduct financial analysis tasks and prepare reports on business performance.
  • Investment & Valuation Support: Assist in valuation exercises and conduct comparative financial analysis for investments.
  • Compliance & Audit Support: Assist in internal and external audits and ensure compliance with regulatory requirements.
  • Policies, Systems & Process Improvements: Follow financial policies and suggest process enhancements to improve efficiency.

Qualifications:
  • Bachelor’s degree in Accounting, Finance, or a related field.
  • 13 years’ experience in finance or accounting.
  • Proficiency in Microsoft Excel and accounting software.
  • Strong communication skills and attention to detail.
  • Basic understanding of investment valuation is a plus.

This role is ideal for individuals who thrive in a structured and fast-paced environment, seeking to develop their skills in accounting and financial analysis.


Requirements

  • Requires 2-5 Years experience

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Job Summary:
The Accounting & Financial Analyst is responsible for supporting both accounting and financial analysis functions, including general ledger maintenance, financial reporting, accounts payable and receivable, budgeting, and financial planning. This role ensures accuracy in financial records, assists in cash management, conducts financial analysis, and supports valuation exercises, all while adhering to company policies and compliance requirements.

Key Responsibilities:
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    - Maintain general ledger records, ensuring transactions are accurately recorded and aligned with company policies and accounting standards.
    - Assist in month-end and year-end closing processes, including account reconciliations and journal entries.
    - Support the preparation of financial statements, such as balance sheets, income statements, and cash flow reports.
    - Participate in fixed asset tracking, ensuring proper classification and depreciation schedules.
    - Assist in maintaining internal controls, ensuring compliance with financial policies and regulations.
  • Accounts Payable & Receivable:
    - Process vendor invoices, employee reimbursements, and other payments, ensuring proper approvals and documentation.
    - Assist in managing accounts receivable, tracking outstanding balances, and following up on collections.
    - Prepare aging reports, highlighting overdue payments for necessary follow-ups.
  • Budgeting & Financial Planning:
    - Support the preparation of annual budgets and quarterly forecasts, working closely with finance teams to ensure accuracy.
    - Assist in monitoring budget vs. actual performance, identifying variances, and providing basic financial insights.
    - Help in compiling financial stewardship reports for internal use and reporting to stakeholders.
  • Banking & Cash Management:
    - Monitor daily cash balances and assist in preparing cash flow reports.
    - Help prepare cash call requests and coordinate with banks to obtain bank statements and resolve any discrepancies.
    - Assist in bank reconciliations, ensuring alignment between company records and bank transactions.
  • Financial Analysis & Reporting:
    - Support financial analysis tasks, including cost variance analysis and profitability assessments.
    - Assist in the preparation of key performance indicators (KPIs) and financial dashboards.
    - Conduct basic financial modeling and scenario analysis to support decision-making.
    - Assist in preparing reports on business performance, providing insights to management.
  • Investment & Valuation Support:
    - Support the preparation of valuation exercises for portfolio companies, assisting in financial due diligence.
    - Assist in conducting comparative financial analysis to support investment decision-making.
    - Help in reviewing financial statements of investee companies and flagging potential risks.
  • Compliance & Audit Support:
    - Assist in internal and external audits, preparing necessary documentation and responding to audit queries.
    - Ensure financial records are properly maintained and stored for compliance purposes.
    - Support compliance with VAT, withholding tax, Zakat, and other regulatory requirements.
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    - Follow company accounting and financial policies, ensuring compliance with internal controls.
    - Suggest process improvements to enhance efficiency in financial operations.
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Qualifications and Competencies:
- Bachelor’s degree in Accounting, Finance, or a related field.
- 13 years of experience in accounting, finance, or financial analysis.
- Basic knowledge of accounting principles, financial analysis, and reporting standards.
- Strong proficiency in Microsoft Excel and accounting software.
- Ability to perform financial reconciliations and basic financial modeling.
- Strong communication skills, both written and verbal, with the ability to convey financial information clearly to stakeholders.
- Excellent attention to detail and accuracy in financial reporting.
- Ability to work independently and collaborate with teams.
- Good problem-solving and analytical skills to support financial decision-making.
- Basic understanding of investment valuation and financial statement analysis is a plus.
- Partial or full pursuit of SOCPA, CPA, ACCA, CMA, or CFA certification is preferred but not required.

Working Conditions:
The Accounting & Financial Analyst will work in a structured and fast-paced environment, handling both accounting and financial analysis responsibilities. The role may require extended hours during peak financial periods, such as audits, budget cycles, and reporting deadlines.

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