Senior Financial Analyst

About the Role

Control Risks is seeking a Senior Financial Analyst to join our team in Riyadh, Saudi Arabia. This full-time role provides financial and payroll support to High Risk Managed Services (HRMS), contributing to accurate financial reporting and compliance.

Key Responsibilities

• Support month-end and year-end closing activities to meet reporting deadlines.
• Analyze financial performance and provide commentary on key variances against budget, forecast, and prior periods.
• Perform balance sheet reconciliations and investigate variances.
• Ensure completeness and accuracy of income for the HRMS department.
• Prepare and review journal entries, accruals, and adjustments.
• Report realization and project profitability for HRMS projects.
• Support budgeting and forecasting processes by providing accurate financial data and insights.
• Ensure compliance with IFRS and company accounting policies.
• Assist with tax, commercial finance, and operational teams on accounting and reporting matters.
• Advise the business on financial issues, including FX and tax.

Payroll Responsibilities

• Review the monthly expat payroll, ensuring adherence to HR data and correct calculation and booking of amounts.
• Verify that supporting documents are on file for joiners, leavers, and those with contract amendments.
• Demonstrate a firm understanding of DIFC Employment Law and Iraq personal tax calculations.
• Assist in addressing and resolving payroll queries and issues.

General Support and Improvement

• Provide ad hoc financial support to the HRMS department and HRMS Executive Committee as required.
• Assist in the setup and reporting requirements of new legal entities and business expansions.
• Assist with local statutory and group reporting requirements, as well as internal and external audits.
• Identify opportunities to improve reporting processes, automate tasks, and enhance financial controls.
• Assist the Financial Controller and Regional Finance Director as needed.

Required Competencies

• Ability to take initiative to resolve issues proactively and recognize when escalation is required.
• Creative problem-solving skills and the ability to encourage others to think innovatively.
• Capacity to adapt knowledge and analysis to provide effective solutions and make informed decisions.
• Commitment to delivering on personal objectives, striving to exceed expectations, and achieving high standards.
• Sound judgment based on knowledge and experience, and the ability to assist others in making sound judgments.
• Focus on client needs to ensure the delivery of exceptional service.
• Understanding of the business as a whole, strategic priorities, and individual contribution to goals.
• Demonstrated global awareness, considering regional and global implications, and building relationships across teams and regions.
• Proactive in suggesting and implementing improvements and efficiencies to manage costs and improve margins.
• Adaptability to changing environments, demands, and ambiguous situations.
• Clear communication and sensitivity to develop constructive relationships, influencing others appropriately.

Company Values

All employees are expected to display behaviors reflective of Control Risks' company values: Integrity and Ethics, Collaboration and Teamwork, Commitment to People, and Professionalism and Excellence.