Financial Analysis Specialist📣 Job Ad

Join the Team at ABYAT - Your Gateway to Retail Excellence!

Are you ready to be part of the largest retail store in the Middle East? ABYAT, spanning an impressive 22000 square meters and offering over 22000 products, is your one-stop destination for all things home improvement and more. From elegant tiles and captivating wallpapers to state-of-the-art lighting solutions and stylish kitchen fixtures, we pride ourselves on offering a diverse array of top-quality products under one roof.

About us
Established locally with a vision for excellence, ABYAT has been setting benchmarks since its inception in September 2005. With an unwavering focus on our customers, we've crafted an experience that revolves around their needs, from our meticulously designed store layouts to our unparalleled service offerings.

Expanding beyond our roots in Kuwait, ABYAT is now making waves in Saudi Arabia and setting our sights on Qatar and the UAE. As we continue to grow, we're seeking passionate individuals to join our dynamic team and contribute to our journey of success.

Position: Financial Analyst
Location: KSA – Riyadh
Type: Full-time

Responsibilities

• Analyze current and past financial data and performance to make recommendations on profit enhancement.
• Consistently analyze financial information based on both routine and ad-hoc reports.
• Interpret financial data to recognize changing trends, patterns, and their meaning related to key performance indicators.
• Communicate financial insights suggesting business issues to management.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or a related field; equivalent professional experience will also be considered.
• Minimum of 5 years of hands-on experience in financial analysis and financial modeling.
• Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and financial modeling tools.
• Proven ability to communicate financial insights clearly and effectively across technical and non-technical audiences.
• Experience working with Big Data tools, platforms, or large datasets.

Join ITT Inc. as a Financial Analyst and become a key player in our financial management team!
At ITT, we are committed to providing our customers with cutting-edge solutions across key global markets. We pride ourselves on our culture of continuous improvement and innovation. As a Financial Analyst, you will report directly to the Financial Controller and be responsible for all areas related to financial and management accounts at our facility.

Key Responsibilities:

• Oversee day-to-day bookkeeping functions including the preparation of local statutory accounts.
• Maintain a clean set of balance sheet supporting records, updating the ownership book monthly.
• Supervise the reconciliation of all bank accounts and inter-company accounts monthly.
• Timely submission of monthly financial reports and ad-hoc reports as required.
• Review the cost build-up of ongoing jobs and report potential overruns to management.
• Organize and oversee physical verifications of fixed assets and custody of inventory.
• Ensure warranty reserves, excess, and obsolescence reserves are adequate.
• Prepare annual strategic plans, budgets, and regular updates for forecasts.
• Manage credit approval and control, ensuring proper debt collection.
• Document and update financial control narratives and ensure SOA compliance.

Position Requirements:

• Bachelor’s degree in Finance & Accounting or Economics; advanced degree preferred.
• Minimum 10 years’ experience in finance/cost accounting, preferably with a multinational manufacturing company.
• Excellent computer literacy (MS Office, particularly Excel; knowledge of One Stream, SAP & Power BI is advantageous).
• Familiarity with US GAAP and/or IFRS is a plus.
• Strong analytical, problem-solving, and organizational skills.
• Excellent communication skills in English; Arabic is a plus.

Join us to make a lasting difference and help the world move forward!

Overview:
A leading Talent Acquisition Company in Saudi Arabia is actively seeking a Financial Analyst to be based in Saudi Arabia. In this vital role, you will analyze financial data to support operational and strategic initiatives effectively. Collaboration with various departments is key to ensure financial accuracy and enable informed decision-making.

Key Responsibilities:

• Analyze and interpret financial data to provide insights into business performance.
• Assist with budgeting, forecasting, and financial modeling.
• Prepare monthly, quarterly, and annual financial reports for management.
• Conduct variance analysis to identify discrepancies between actual and budgeted results.
• Evaluate financial performance by comparing actual results to forecasts and budgets.
• Support management in financial planning and analysis.
• Develop and maintain financial dashboards and performance metrics.
• Collaborate with cross-functional teams to ensure accuracy in financial reporting.
• Assemble, summarize, and analyze financial data for structured reports on budgets, forecasts, and trends.
• Track financial status by analyzing trends and forecast models for Research Operations.
• Business & Financial Modeling: Develop business models to support Core Labs and Research Platforms.
• Perform business studies on past, current, and projected financial performance to inform future forecasts.
• Utilize advanced spreadsheets to analyze financial data and support strategic decision-making.

Competencies:

• Technical Skills: Strong proficiency in MS Excel and PowerPoint; experience with Power BI reporting.
• Analytical Thinking: Ability to interpret data and provide actionable insights.
• Communication Skills: Excellent written and verbal communication abilities.
• Collaboration: Ability to work effectively with cross-functional teams.

Requirements:

• Bachelor’s degree in finance and accounting.
• 4+ years of experience in management reporting and analysis.
• Ability to assemble and analyze data to create reports, including budgets, forecasts, variance analysis, and reconciliation.
• Knowledge and experience in calculating the cost of service to generate revenue.
• Advanced Excel skills and proficiency in Power BI.
• Experience with SAP and Ariba.