Join our team | Job VacancyJob Title: Financial Analyst
Department: Financial Affairs Management - Planning and Financial Analysis Department
Company: The Holding Company for Enriching Hospitality
Work Location: Makkah or Jeddah
The Holding Company for Enriching Hospitality announces the availability of a vacancy for the position of Financial Analyst who possesses high analytical abilities to understand financial performance and transform data into strategic insights that support decision-making, enhance spending efficiency, and promote the sustainability of the company's financial growth.
General Objective of the JobAnalyze the financial performance of the company and its subsidiaries, contribute to the preparation of annual budgets, monitor their implementation, study financial variances, and provide recommendations to senior management to improve financial efficiency and support strategic decisions.
Main Duties and Responsibilities- Prepare the annual budget for the holding company and follow up on its implementation in coordination with the relevant departments.
- Analyze financial variances and provide explanatory reports and corrective solutions.
- Review the operational budgets of the subsidiaries and analyze their financial efficiency.
- Prepare periodic financial reports for senior management including overall performance and developmental recommendations.
- Evaluate financial performance indicators and study the impact of initiatives and projects on the overall budget.
- Contribute to preparing financing plans and studying the cash needs of projects.
- Develop financial tools and models that enhance accurate financial planning and analysis.
- Cooperate with external auditors and government and financial entities when needed.
Requirements and Qualifications- Bachelor's degree in Finance, Accounting, or Economics.
- 3 to 5 years of practical experience in financial analysis or budget preparation and financial planning.
- Proficiency in Excel and Enterprise Resource Planning (ERP) systems.
- High analytical skills and accuracy in dealing with financial data.
- Fluency in English, both spoken and written.
- Candidates with professional certificates or specialized courses such as: CPA – CMA – CFA – Data Analysis are preferred.
- Strong communication and presentation skills and understanding of economic and financial indicators.