Financial Analysis Specialist Jobs in Saudi Arabia

About the Role

Unison Group is seeking an experienced Functional Consultant specializing in OFSAA ALM to join our team in Riyadh, Saudi Arabia. This full-time position is crucial for leading the functional design and implementation of Asset Liability Management (ALM) solutions. The ideal candidate will possess strong domain expertise in banking risk management, extensive hands-on experience with the OFSAA platform, and a proven ability to translate complex business requirements into effective functional solutions. This role involves close collaboration with various banking departments, including Treasury, Risk, and Finance, to ensure ALM solutions align with business objectives and regulatory requirements. You will act as a key liaison between business stakeholders and technical teams, driving the successful delivery of ALM projects.

Key Responsibilities

• Lead the functional design of OFSAA ALM solutions, encompassing Interest Rate Risk in the Banking Book (IRRBB), Price Risk in the Banking Book (PRRBB), and behavioral modeling.
• Define and implement core ALM methodologies such as Gap Analysis, Duration Analysis, Earnings at Risk (EaR), and Economic Value of Equity (EVE).
• Translate detailed business requirements into comprehensive functional specifications and solution blueprints.
• Collaborate effectively with Treasury, Risk, and Finance teams to meticulously gather and document business requirements.
• Conduct workshops with stakeholders and serve as a trusted advisor, providing expert guidance on ALM best practices.
• Act as a crucial communication bridge between business, functional, and technical teams throughout the project lifecycle.
• Define product hierarchies, critical assumptions (*, prepayment, decay rates), and repricing rules within the OFSAA ALM module.
• Validate ALM rule setups to ensure they accurately reflect business objectives and risk appetite.
• Work closely with technical teams to facilitate the accurate system configuration of OFSAA ALM.
• Ensure strict compliance with regulatory frameworks, including IRRBB and liquidity risk management guidelines.
• Define reporting requirements for Net Interest Income (NII) simulations, Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), and stress testing scenarios.
• Define data mapping strategies and validate cash flows, ALM outputs, and key risk metrics.
• Perform detailed reconciliation between source systems and OFSAA ALM outputs to ensure data integrity.
• Lead functional testing efforts, including User Acceptance Testing (UAT) and system walkthroughs.
• Develop comprehensive test cases and validate OFSAA calculations and outputs rigorously.
• Drive end-to-end functional delivery of ALM solutions across the entire project lifecycle.
• Coordinate effectively with business, technical, and offshore teams to ensure seamless project execution.
• Manage project timelines, scope, and deliverables to ensure successful project completion.
• Provide expert guidance on balance sheet optimization strategies and risk mitigation techniques.
• Recommend and implement industry best practices in ALM and banking risk management.
• Prepare essential project documentation, including Business Requirements Documents (BRD), Functional Specification Documents (FSD), process flows, and data mapping documents.
• Analyze and resolve complex issues related to ALM calculations and data flows.
• Perform root cause analysis for production issues and provide ongoing support to troubleshoot and resolve them.

Qualifications and Requirements

• Demonstrated hands-on experience with the OFSAA ALM module in a functional capacity.
• Expertise in the frameworks of Interest Rate Risk in the Banking Book (IRRBB) and Price Risk in the Banking Book (PRRBB).
• A strong understanding of various banking products, including loans, deposits, and derivatives.
• Proven experience with core ALM methodologies such as Gap Analysis, Duration Analysis, EaR, and EVE.
• Knowledge of Liquidity Risk management principles and regulations, including LCR and NSFR.
• Excellent stakeholder management and communication skills, with the ability to engage effectively with diverse teams and leadership.

Required Skills

• OFSAA ALM
• IRRBB
• PRRBB
• Banking Products
• ALM Methodologies (Gap Analysis, Duration Analysis, EaR, EVE)
• Liquidity Risk (LCR, NSFR)
• Stakeholder Management
• Communication

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia. The role requires 5-10 years of relevant experience.

About the Role

Lucid Motors Middle East is seeking a Cost & Pricing Specialist to join its team in Riyadh, Saudi Arabia. This role is essential for managing, analyzing, and controlling spare parts cost structures and pricing strategies. The specialist will ensure competitive, compliant, and profitable pricing across dealer and customer channels, supporting Aftersales growth, warranty programs, and market competitiveness.

Lucid Motors is committed to creating exceptional mobility experiences through innovation, proprietary technology, and a software-defined vehicle architecture. The company's "Compromise Nothing™" approach is achieved through deep vertical integration, with design, engineering, and production handled in-house. Joining Lucid means contributing to shaping the future of mobility.

Key Responsibilities

• Analyze landed cost structures for OEM Spare Parts, including purchase price, freight, customs, duties, warehousing, and handling costs.
• Maintain accurate spare parts databases within ERP systems.
• Identify cost variances, deviations, and margin risks, and recommend corrective actions.
• Support cost recovery initiatives and drive continuous improvement in parts profitability.
• Develop and maintain spare parts pricing in accordance with OEM pricing policies, regional guidelines, and local market requirements.
• Calculate dealer net prices, recommended retail prices (RRP), and customer pricing structures.
• Implement pricing changes resulting from cost updates, currency fluctuations, and OEM bulletins.
• Ensure pricing competitiveness while safeguarding target margins.
• Ensure full compliance with OEM pricing frameworks, audit requirements, and approval workflows.
• Manage pricing submissions, approvals, and documentation as required by the OEM.
• Support internal and external audits related to cost and pricing governance.
• Ensure traceability and transparency of pricing decisions.
• Provide pricing support to dealer networks, sales, and Aftersales teams.
• Analyze dealer margin structures and recommend pricing adjustments.
• Support special pricing requests, campaigns, promotions, and volume programs.
• Address dealer pricing escalations and ensure alignment with OEM policies.
• Support pricing for recalls, service campaigns, warranty parts, and goodwill programs.
• Coordinate cost and pricing impact assessments for new model launches and parts introductions.
• Ensure correct pricing of VOR (Vehicle Off Road), emergency, and critical spare parts.
• Prepare regular reports on parts margin performance, cost movements, price changes, and dealer margin analysis.
• Monitor pricing KPIs and identify risks affecting profitability or compliance.
• Support management with data-driven insights and recommendations.
• Collaborate closely with Aftersales, Parts Planning, Supply Chain, Finance, Sales, and IT teams.
• Support system enhancements related to pricing and cost management (ERP/WMS).
• Participate in regional and OEM pricing reviews and initiatives.

Qualifications and Requirements

• A minimum of 3 to 5 years of experience in cost, pricing, or financial analysis, preferably within automotive OEM spare parts or aftersales operations.
• A strong understanding of OEM pricing structures, dealer margins, and the parts lifecycle.
• Experience working with ERP systems, with SAP being preferred.

Required Skills

• Strong analytical and financial modeling skills.
• High attention to detail and data accuracy.
• Advanced Excel and reporting skills.
• Knowledge of the automotive spare parts business and aftermarket dynamics.
• Strong communication and stakeholder management skills.
• Ability to work under tight deadlines and within pricing governance frameworks.
• A commercial mindset with strong compliance awareness.

Work Environment and Location

This is a full-time position located in Riyadh, Saudi Arabia.

About the Junior Accountant Role

Hays is partnering with a prominent investment organization in Riyadh, Saudi Arabia, to recruit a motivated Junior Accountant. This role is designed for recent graduates or individuals with up to one year of accounting experience seeking to establish a long-term career. The successful candidate will support the finance team with daily accounting operations and contribute to the smooth functioning of financial processes.

Key Responsibilities

• Maintain and update the General Ledger accurately and in a timely manner.
• Prepare and post journal entries under supervision.
• Support monthly, quarterly, and year-end closing activities.
• Process bank transfers and payments after obtaining the required approvals.
• Assist with bank reconciliations and account reconciliations.
• Support accounts payable and accounts receivable activities as needed.
• Maintain proper filing and documentation for all accounting records, payments, and transfers.
• Coordinate with internal departments to gather invoices, approvals, and supporting documents.
• Assist in preparing basic financial reports and schedules.
• Ensure compliance with company policies, internal controls, and applicable accounting standards.

Qualifications and Requirements

• A Bachelor's degree in Accounting or Finance is essential.
• Fresh graduates or candidates with up to 1 year of relevant experience are encouraged to apply.
• Previous internship or cooperative training experience in accounting or finance is preferred.
• A strong academic record and outstanding university performance are required.
• Fluency in both Arabic and English is mandatory.
• A good understanding of basic accounting principles is necessary.
• Proficiency in Microsoft Excel is required.
• High attention to detail and accuracy in all tasks.
• Good communication and organizational skills are essential.
• The ability to maintain confidentiality and handle financial information responsibly is critical.

Key Skills

• General Ledger Maintenance
• Accounting Entries Preparation
• Reconciliation Support
• Bank Transfers and Payment Processing
• Accounts Payable and Accounts Receivable Support
• Financial Reporting Assistance
• Understanding of Accounting Principles
• Microsoft Excel Proficiency
• High Attention to Detail and Accuracy
• Strong Communication Skills
• Effective Organizational Skills
• Confidentiality and Professionalism

Work Location and Type

This is a full-time position based in Riyadh, Saudi Arabia.

About the Role

Müller's Solutions is seeking a highly experienced SAP Finance Lead Consultant with extensive S/4HANA Cloud Public Edition expertise to lead the Finance workstream for a key client in Saudi Arabia. This is a critical functional leadership role within the program, requiring deep knowledge of SAP Finance modules and a proven track record in cloud implementations. The successful candidate will be instrumental in ensuring the successful deployment of SAP S/4HANA Cloud, with a specific focus on ZATCA Phase 2 compliance. This role requires a strategic thinker capable of leading workshops, configuring complex financial structures, and managing data migration to ensure a seamless go-live.

Key Responsibilities

• Lead Fit-to-Standard workshops for all Finance processes to define best practices and system configurations.
• Configure the General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), and Asset Accounting modules across four company codes.
• Take end-to-end ownership of ZATCA Phase 2 e-invoicing compliance, ensuring all regulatory requirements are met.
• Design and configure a multi-legal-entity financial structure that aligns with business needs and regulatory frameworks.
• Lead the data migration efforts for financial master data and open items, ensuring data integrity and accuracy.
• Provide comprehensive support during User Acceptance Testing (UAT) and resolve all finance-related issues during the go-live phase.
• Coordinate closely with the Controlling (CO) consultant on cross-functional finance topics to ensure integrated solutions.

Required Qualifications and Experience

• A minimum of 7 years of SAP FI consulting experience.
• Proven experience with at least two (2) S/4HANA Cloud Public Edition implementations.
• Mandatory experience with ZATCA Phase 2 clearance model go-live; candidates without this specific experience will not be considered.
• Strong understanding and application of International Financial Reporting Standards (IFRS).
• Demonstrated experience in multi-company code configuration.
• Proficiency in configuring and implementing cash management, bank integration, and advanced payment processing solutions.
• Experience with SAP Fiori Finance apps configuration.
• KSA market experience is strongly preferred.
• Over 10 years of overall experience in the SAP Finance domain.

Key Skills

• SAP FI consulting
• S/4HANA Cloud Public Edition implementations
• ZATCA Phase 2 clearance model go-live
• IFRS
• Multi-company code configuration
• Cash management
• Bank integration
• Advanced payment processing
• SAP Fiori Finance apps configuration
• KSA market experience
• Leading Fit-to-Standard workshops
• Configuration of GL, AP, AR, and Asset Accounting
• ZATCA Phase 2 e-invoicing compliance management
• Design and configuration of multi-legal-entity financial structures
• Data migration for financial master data and open items
• User Acceptance Testing (UAT) support and issue resolution
• Coordination with Controlling (CO) consultants

Location and Contract Details

This is a contract position based in Riyadh, Saudi Arabia.

About the Role

E-Solutions is seeking a skilled Oracle Fusion Finance Functional Consultant to join our team in Riyadh, Saudi Arabia. This full-time position focuses on contributing to the implementation and enhancement of critical finance systems within a dynamic environment.

Key Responsibilities

The responsibilities for this role are expected to include:

• Configuring and implementing core Oracle Fusion Cloud Finance modules to align with business requirements.
• Leading and participating in full-cycle Oracle Fusion implementations, covering planning, design, deployment, and post-go-live support.
• Providing functional expertise and guidance on Oracle ERP systems, with a focus on Oracle Fusion Cloud.
• Designing and optimizing financial processes, including Procure-to-Pay (P2P), Order-to-Cash (O2C), and Record-to-Report (R2R).
• Collaborating with stakeholders to gather requirements, analyze business needs, and translate them into effective system solutions.
• Troubleshooting and resolving functional issues within the Oracle Fusion Finance environment.
• Staying updated with Oracle Fusion Cloud updates and best practices to ensure optimal system performance.

Required Qualifications

• A minimum of 7 years of experience with Oracle ERP systems.
• At least 5 years of hands-on experience specifically with Oracle Fusion Cloud.
• Proven experience with hands-on configuration across all core Oracle Fusion Finance modules.
• Successful completion of at least 3 full-cycle Oracle Fusion implementations.
• Strong knowledge and practical application of Record-to-Report (R2R), Procure-to-Pay (P2P), and Order-to-Cash (O2C) business processes.
• Prior experience working within a consulting firm environment.

Technical Skills and Knowledge

• Oracle ERP
• Oracle Fusion Cloud
• Oracle Fusion Finance Module Configuration
• Record-to-Report (R2R) processes
• Procure-to-Pay (P2P) processes
• Order-to-Cash (O2C) processes
• Oracle Cloud Finance
• Exposure to Oracle EPM Cloud and Procurement Cloud is beneficial.
• Understanding of International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP).

Additional Information

This is a full-time position based in Riyadh, Saudi Arabia. An Oracle Cloud Finance certification is preferred for this role.

About the Role

Parsons Corporation is seeking a Commercial/Cost Specialist, who must be a Saudi National, to join our team in Tabuk, Saudi Arabia. This full-time position offers an opportunity for professional growth within a dynamic environment. Parsons fosters a culture that supports employee development and empowers individuals to achieve their full potential.

The company is committed to equal employment representation across all job levels, promoting a diverse and inclusive workplace. We encourage individuals to pursue a career with Parsons and explore the possibilities for their future achievements.

Key Responsibilities

While specific duties are not detailed, a Commercial/Cost Specialist typically performs the following activities:

• Assisting in the preparation and analysis of commercial and cost-related documentation.
• Supporting the development and monitoring of project budgets and financial forecasts.
• Contributing to cost control measures and identifying potential cost savings.
• Liaising with internal departments and external stakeholders on commercial matters.
• Maintaining accurate records and reports related to project costs and commercial agreements.
• Participating in tender evaluations and providing contract administration support.
• Assisting in the review of invoices and payment applications.
• Providing support for commercial claims and dispute resolution processes.

Qualifications and Requirements

The general requirements for this role include:

• Must be a Saudi National.
• 0-1 years of experience in a commercial or cost-related field.

Required Skills

Relevant skills for this position may include:

• Strong analytical and problem-solving abilities.
• Proficiency in Microsoft Office Suite, particularly Excel.
• Effective communication and interpersonal skills.
• Attention to detail and accuracy.
• Ability to work independently and as part of a team.
• Basic understanding of commercial principles and cost management.

Work Location and Type

This is a full-time position located in Tabuk, Saudi Arabia. Parsons Corporation is committed to transparency in its recruitment processes and advises candidates to be aware of fraudulent recruitment practices. Further information can be found at https://*************************************

About the Role

SEK International Schools is seeking a dedicated Finance Officer to manage the day-to-day financial operations of its new school in Al Wajh, Tabuk, Saudi Arabia. This role is essential for overseeing income and expenditure, maintaining accurate financial records, ensuring compliance with Saudi regulations, and providing financial information to support strategic decision-making. As the sole finance professional on-site, you will collaborate closely with the Head of School and Project Manager, with support available from the wider SEK finance network across Saudi Arabia. This position is particularly vital in a startup school environment where robust financial systems, accuracy, and control are paramount.

Key Responsibilities

• Manage all school income processes, including issuing invoices and fee statements, tracking payments from families, and following up on late or missing payments.
• Maintain accurate records of all family payments and outstanding balances.
• Collaborate with the Admissions Officer to confirm payment status prior to student enrollment and ensure alignment between admissions decisions and financial compliance.
• Ensure the school's fees policy is correctly applied and consistently communicated to all stakeholders.
• Process payments to suppliers and service providers in a timely and controlled manner.
• Maintain clear and well-organized records of all invoices, contracts, payments, and commitments.
• Track expenditure and provide clear financial information to those responsible for budgetary decisions.
• Ensure all financial data is accurate, up-to-date, and easily accessible for reporting and auditing purposes.
• Prepare regular financial reports, such as monthly statements, detailing income received, expenditure to date, and remaining available budget.
• Provide reliable financial information to school leadership to support planning and decision-making.
• Ensure financial records are prepared and maintained to support annual accounts and internal and external audits.
• Support compliance with relevant Saudi financial and regulatory requirements, including invoicing and VAT where applicable.
• Assist with company registrations, licenses, and official financial filings, coordinating with the Project Manager and external advisors.
• Adhere to SEK group financial standards and protocols, adapting proven systems from sister schools.
• Manage the school's local accounting systems, building on established practices from the sister school.
• Coordinate with the SEK Riyadh finance team to seek guidance, escalate issues, and ensure alignment across the organization.
• Work closely with colleagues in admissions, operations, and leadership to ensure financial processes effectively support school needs.

Qualifications and Requirements

• A formal qualification in accounting or finance (degree or professional qualification required).
• Approximately 5-10 years of relevant experience in a finance or accounting role.
• Strong understanding of financial operations, controls, and reporting.
• Experience working within a Saudi context is highly desirable.
• A clear, methodical approach with strong attention to detail.
• Ability to explain financial information clearly to non-financial colleagues.
• Comfortable working independently while also collaborating effectively across teams.
• English is required as the working language.
• Arabic is a significant advantage.
• Saudi national is preferred.

Required Skills

• Financial Operations Management
• Financial Records Management
• Saudi Regulations Compliance
• Financial Reporting
• Budgetary Decision Support
• Accounting Systems Management
• Attention to Detail
• Clear Financial Communication
• Independent Work
• Collaboration

Work Environment

This is a full-time position based in Al Wajh, Tabuk, Saudi Arabia. Joining SEK International Schools offers a key role in the successful launch and operation of a new international school, providing an opportunity to build robust financial systems from the outset. You will benefit from the support and guidance of an established SEK finance network and work within a professional environment as part of a fast-developing educational project.

At SEK Education Group, technology tools with artificial intelligence capabilities are used to support recruitment processes, including managing communications and organizing applications. All decisions regarding applications are made by a member of the team. For more information, please refer to the privacy policy: http://*****************************

About the Role

The Royal Commission for Jubail and Yanbu Services Company is looking for a Development and Opportunity Specialist to join its team. This role plays a key part in identifying and developing potential investment opportunities within industrial sectors, contributing to the company's growth through the development and implementation of investment strategies.

Key Tasks and Responsibilities

• Conduct research to identify new investment opportunities in target sectors and analyze their attractiveness.
• Collect and analyze data and information related to markets and investment sectors.
• Prepare preliminary studies and investment memos for potential opportunities.
• Evaluate investment opportunities in accordance with applicable guidelines and policies.
• Participate in the preparation of preliminary feasibility studies and basic financial analyses.
• Coordinate with internal and external parties to obtain necessary information and data.
• Build and update a database of investment opportunities and potential partners.
• Monitor economic and market trends and identify emerging opportunities.
• Contribute to the development of tools for evaluating and screening investment opportunities.
• Prepare periodic and annual reports related to investment opportunities.
• Participate in meetings and workshops related to the development and incubation of opportunities.
• Follow up on the implementation of necessary procedures before presenting opportunities for approval.

Qualifications and Requirements

• Bachelor's degree in Business Administration, Investment, Finance, Engineering, Economics, or a related field.
• 1 to 3 years of experience in commercial, administrative, financial, engineering, or economic sectors.
• Proficiency in both Arabic and English, spoken and written.
• Proficiency in using computer applications, including Microsoft Excel and Microsoft PowerPoint.
• Ability to build financial models, including Net Book Value (NBV), Discounted Cash Flow (DCF), and Internal Rate of Return (IRR).
• Ability to develop investment memos.
• Commercial and business acumen and the ability to link opportunities to company strategies.

Core Skills

• Investment Analysis
• Financial Analysis
• Financial Modeling (DCF, IRR, NBV)
• Microsoft Excel
• Microsoft PowerPoint
• Communication Skills
• Teamwork
• Financial Thinking
• Sales
• Marketing

Work Environment and Location

This is a full-time position requiring presence in Jubail, Eastern Province, Saudi Arabia, with the possibility of involvement in Yanbu-related work as well. We are looking for an individual with a strong understanding of financial principles and a proactive approach to identifying and evaluating new projects.