Business development specialist Jobs in Saudi Arabia

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Marketing Specialist
Financial Analysis Specialist

Financial Analysis Specialist

📣 Job AdNew

Wa'ed Ventures

Full-time
Job Summary:
The Accounting & Financial Analyst is responsible for supporting both accounting and financial analysis functions, including general ledger maintenance, financial reporting, accounts payable and receivable, budgeting, and financial planning. The role ensures accuracy in financial records, assists in cash management, conducts financial analysis, and supports valuation exercises, all while adhering to company policies and compliance requirements.

Key Responsibilities:
  • Financial Accounting & Bookkeeping:
    • Maintain general ledger records, ensuring transactions are accurately recorded and aligned with company policies and accounting standards.
    • Assist in month-end and year-end closing processes, including account reconciliations and journal entries.
    • Support the preparation of financial statements, such as balance sheets, income statements, and cash flow reports.
    • Participate in fixed asset tracking, ensuring proper classification and depreciation schedules.
    • Assist in maintaining internal controls, ensuring compliance with financial policies and regulations.
  • Accounts Payable & Receivable:
    • Process vendor invoices, employee reimbursements, and other payments, ensuring proper approvals and documentation.
    • Assist in managing accounts receivable, tracking outstanding balances, and following up on collections.
    • Prepare aging reports, highlighting overdue payments for necessary follow-ups.
  • Budgeting & Financial Planning:
    • Support the preparation of annual budgets and quarterly forecasts, working closely with finance teams to ensure accuracy.
    • Assist in monitoring budget vs. actual performance, identifying variances, and providing basic financial insights.
    • Help in compiling financial stewardship reports for internal use and reporting to stakeholders.
  • Banking & Cash Management:
    • Monitor daily cash balances and assist in preparing cash flow reports.
    • Help prepare cash call requests and coordinate with banks to obtain bank statements and resolve any discrepancies.
    • Assist in bank reconciliations, ensuring alignment between company records and bank transactions.
  • Financial Analysis & Reporting:
    • Support financial analysis tasks, including cost variance analysis and profitability assessments.
    • Assist in the preparation of key performance indicators (KPIs) and financial dashboards.
    • Conduct basic financial modeling and scenario analysis to support decision-making.
    • Assist in preparing reports on business performance, providing insights to management.
  • Investment & Valuation Support:
    • Support the preparation of valuation exercises for portfolio companies, assisting in financial due diligence.
    • Assist in conducting comparative financial analysis to support investment decision-making.
    • Help in reviewing financial statements of investee companies and flagging potential risks.
  • Compliance & Audit Support:
    • Assist in internal and external audits, preparing necessary documentation and responding to audit queries.
    • Ensure financial records are properly maintained and stored for compliance purposes.
    • Support compliance with VAT, withholding tax, Zakat, and other regulatory requirements.
  • Policies, Systems & Process Improvements:
    • Follow company accounting and financial policies, ensuring compliance with internal controls.
    • Suggest process improvements to enhance efficiency in financial operations.
    • Assist in the implementation of new financial systems and automation tools to streamline accounting and reporting tasks.
Qualifications and General Competencies:
  • Bachelor’s degree in Accounting, Finance, or a related field.
  • 1-3 years of experience in accounting, finance, or financial analysis.
  • Basic knowledge of accounting principles, financial analysis, and reporting standards.
  • Strong proficiency in Microsoft Excel and accounting software.
  • Ability to perform financial reconciliations and basic financial modeling.
  • Strong communication skills, both written and verbal, with the ability to convey financial information clearly to stakeholders.
  • Excellent attention to detail and accuracy in financial reporting.
  • Ability to work independently and collaborate with teams.
  • Good problem-solving and analytical skills to support financial decision-making.
  • Basic understanding of investment valuation and financial statement analysis is a plus.
  • Partial or full pursuit of SOCPA, CPA, ACCA, CMA, or CFA certification is preferred but not required.
Working Conditions:
The Accounting & Financial Analyst will work in a structured and fast-paced environment, handling both accounting and financial analysis responsibilities. The role may require extended hours during peak financial periods, such as audits, budget cycles, and reporting deadlines.

breifcase2-5 years

locationDhahran

3 days ago
Cost Engineer

Cost Engineer

📣 Job Ad

Eram Talent

Full-time
Join our Dynamic Team as a Cost Engineer in Oil & Gas
Are you an experienced Cost Engineer looking to make your mark in the Oil & Gas sector? Eram Talent is searching for a skilled individual to ensure effective financial management of our projects in Saudi Arabia.

Key Responsibilities:
  • Develop detailed project cost estimates and budget proposals for Oil & Gas projects.
  • Monitor and track project expenses, ensuring strict adherence to budgetary constraints.
  • Analyze costs and provide regular financial reports to project managers and stakeholders.
  • Identify potential cost-saving opportunities and implement effective cost control measures.
  • Assist in reviewing and processing invoices and change orders from contractors and vendors.
  • Coordinate with project teams to ensure financial compliance and effective resource allocation.
  • Prepare periodic cost forecasts and performance evaluations for ongoing projects.

Requirements:
  • Bachelor in Business Administration or Bachelor Degree in Engineering.
  • A minimum of 10 years of experience in cost engineering specifically within the Oil & Gas sector.
  • In-depth knowledge of cost estimation practices, budgeting, and financial reporting.
  • Strong proficiency with cost management software and advanced Microsoft Excel skills.
  • Excellent analytical and problem-solving capabilities.
  • Effective communication and interpersonal skills with the ability to interact with multiple stakeholders.
  • Demonstrated ability to work both independently and within a team environment.
  • Experience working in Saudi Arabia or the Middle East is preferred.

breifcase2-5 years

locationDhahran

11 days ago
Legal Secretary

Legal Secretary

📣 Job Ad

Wa'ed Ventures

SR 50,000 / Month dotFull-time
Join Wa'ed Ventures as a Senior Paralegal and play a pivotal role in supporting our Governance and Legal activities.

About the Company:
Wa'ed Ventures is a venture capital fund backed by Aramco, focused on investing in local tech-based startups and incentivizing global entrepreneurs to establish their innovations in the Kingdom. Our mission is to accelerate the development of an integrated startup ecosystem in Saudi Arabia.

Key Responsibilities:
  • Coordinate legal due diligence for prospective investee companies.
  • Review preliminary drafts of standard transactional documents and revise as necessary.
  • Advise on ways to streamline processes to facilitate effective transaction closures.
  • Conduct advanced factual and basic legal research as requested.
  • Engage with the VC team as a Subject Matter Expert on legal, contractual, jurisdiction, and structural matters.
  • Manage and coordinate KYC (Know Your Customer) processes on target companies.
  • Prepare agendas, track submissions, and ensure timely completion of Board meeting materials.
  • Act as the SME on all governance documentation and coordinate conflict of interest matters.

Managerial Duties:
As the portfolio grows, there may be a requirement to supervise an analyst with a legal background.

Requirements:
  • Bachelor's degree in Law or a related field.
  • Certification in Paralegal Studies and relevant legal professional certifications.
  • A minimum of 5 years of experience in a legal support role.
  • Strong knowledge of corporate governance, regulatory environments, and legal frameworks.
  • Excellent oral and written communication skills.
  • Ability to manage confidential information and prioritize projects effectively.

breifcase2-5 years

locationDhahran

11 days ago