About the Role
Abdullah A. Al-Barrak & Son Co. is seeking a highly experienced Sr. Business System Analyst with a specialization in Financial Analysis. This full-time position is based in Dhahran, Eastern Province, Saudi Arabia. The role requires a seasoned professional with over 10 years of experience, particularly within the oil and gas upstream business, to contribute to strategic financial planning, operational excellence, and transformational initiatives. The successful candidate will leverage strong technical expertise in finance to drive improvements in financial performance, support executive decision-making, and ensure the effective capture of transformation value, playing a crucial role in enhancing the company's financial operations and strategic execution.
Key Responsibilities
- Develop and refine financial statements, manage budget development and tracking, and oversee asset management.
- Conduct financial modeling, value assurance, and financial risk management activities.
- Lead annual business planning, quarterly forecasting, and performance review cycles within a large, complex organizational structure.
- Drive organizational operational excellence and support transformational programs and campaigns through direct project involvement or by leveraging experience from management consulting or similar organizations that delivered cost savings and financial performance improvements.
- Define and implement Key Performance Indicators (KPIs) and performance dashboards to effectively monitor transformation progress and impact.
- Interpret complex financial data, identify trends, and provide strategic recommendations to stakeholders.
- Develop and implement strategic plans, incorporating a strong understanding of organizational change management principles.
- Develop training materials and deliver workshops or coaching sessions to business and finance teams.
- Support the executive team in setting overall Transformation targets and ensuring appropriate resource allocation.
- Collaborate with Initiative Owners and Finance teams to ensure a consistent approach to the valuation of initiative impact.
- Segregate the financial impact of Transformation initiatives from baseline performance.
- Utilize business process improvement methodologies, such as Lean Six Sigma, to enhance operational efficiency.
Qualifications and Requirements
- Bachelor's degree in Finance, Economics, or Business Administration.
- A minimum of 10 years of progressive experience as a Financial Analyst, with a preference for experience in the oil and gas upstream business.
- Demonstrated experience in defining and implementing KPIs and performance dashboards.
- Proven experience in developing and implementing strategic plans with a solid understanding of organizational change management.
- Experience in developing training materials and delivering workshops or coaching sessions.
- Specific work experience should include roles such as Financial Analyst, Planning and Performance Management Analyst, or Business System Analyst.
- In-depth knowledge of the oil and gas industry, including current trends, challenges, and relevant regulations.
Required Skills
- Strong technical expertise in finance, including financial statements development, budget development and tracking, asset management, financial modeling, value assurance, and financial risk management.
- Proficiency in annual business planning, quarterly forecasting, and performance review cycles.
- Experience in driving organizational operational excellence and managing transformational programs/campaigns.
- Excellent analytical skills for interpreting complex financial data and providing strategic recommendations.
- Proficiency in developing and implementing strategic plans and managing organizational change.
- Strong written and verbal communication skills, including presentation development and delivery, and technical writing capabilities.
- Excellent problem-solving skills with a proactive and results-oriented mindset.
- Experience with data analysis, visualization techniques, and reporting tools.
- Exceptional interpersonal skills to foster partnerships and promote team collaboration.
- Familiarity with Transformation Value Capture processes and the ability to develop related financial governance.
- Experience with business process improvement methodologies like Lean Six Sigma.
Preferred Qualifications
Preferred certifications include Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), or European Foundation for Quality Management (EFQM) Certified Assessor. Advanced degrees such as an MBA, MS in Finance, or MS in Accounting are also preferred.
Work Location and Type
This is a full-time position located in Dhahran, Eastern Province, Saudi Arabia.