Senior Financial Analyst📣 Job Ad

About the Senior Financial Analyst Role

Valvoline Global Operations is seeking a Senior Financial Analyst to join its team in Jeddah, Makkah, Saudi Arabia. This role is integral to supporting the Commercial Controller in the Kingdom of Saudi Arabia with comprehensive business control functions. The position requires the integration of financial data with business outlooks and market dynamics to generate insightful reports and actionable initiatives for business leaders, contributing to the commercial team's success in the competitive KSA market.

Key Responsibilities

• Track and evaluate financial performance across dimensions such as channel, product, and customer, focusing on sales, costs, and profitability.
• Collaborate with commercial and pricing teams to provide financial support for decisions concerning pricing strategies, promotional activities, and sales deductions.
• Participate in the development and evaluation of business cases for new projects and strategic initiatives.
• Conduct customer profitability reviews with the commercial team to enhance performance and monitor execution of rebates, CAPEX, and OPEX investments in line with contractual agreements.
• Perform in-depth financial analysis, including budgeting, forecasting, and variance analysis, to deliver accurate financial insights.
• Execute monthly variance and trend analysis to identify root causes of deviations from budget and forecast.
• Partner with the marketing team to manage the advertising and sales promotion budget.
• Support financial control processes and ensure adherence to international accounting standards and Valvoline's internal guidelines.
• Assist with Order-to-Cash activities and monitor customer collections to optimize cash flow.
• Conduct comprehensive product profitability analysis, including volume, rate, mix analysis, cost trends, and the impact of the macro-environment.
• Review manufacturing analyses and variances, initiating appropriate actions in collaboration with manufacturing process owners.
• Prepare and post monthly accruals related to sales incentives, rebates, and promotions.
• Undertake ad hoc reporting and special projects as required.

Qualifications and Experience

• A professional qualification or a Master's degree in Finance, Economics, or Business Administration.
• A minimum of 5 years of relevant work experience in an international environment.
• Strong and proven knowledge of accounting principles; experience with a Big 4 firm is considered a significant advantage.
• Fluency in English, both written and verbal. Experience with the Arabic language is a plus.
• Proficiency in IT, with strong knowledge of Microsoft Office, particularly Excel, financial modeling, and reporting/financial systems (SAP experience is preferred).
• Demonstrated project management skills.

Required Skills and Attributes

• Financial Modeling
• Reporting
• Financial Systems (SAP preferred)
• Project Management
• Communication skills, adaptable to different cultures
• Organizational and planning skills
• Analytical and conceptual capabilities
• Problem-solving mentality
• Attention to detail and accuracy
• Flexibility to manage stress and deadlines in a fast-paced environment
• Proactive approach to process improvement
• Desire for continuous learning and personal development

Work Environment and Location

This is a full-time, on-site role based in Jeddah, Makkah, Saudi Arabia. Minimal travel is expected. The position requires a flexible and service-minded attitude with a strong customer focus, enabling effective collaboration within a dynamic work environment.