Financial Analyst

Overview

The Financial Analyst supports the organization’s financial planning, analysis, and reporting activities. This role is responsible for analyzing financial data, preparing reports, and providing insights to support business decisions. The Financial Analyst collaborates with various departments to ensure accurate forecasting, budgeting, and performance tracking.

Responsibilities

• Budgeting and Forecasting : Facilitate the Finance Manager in budgeting, forecasting, and financial planning processes across the organization. Develop and maintain financial models to support forecasting, scenario planning, and decision-making. Conduct variance analysis to compare actual performance against budgets and forecasts, providing actionable insights and recommendations.
• Strategic Financial Planning : Collaborate with senior leadership to design and implement long-term strategic plans. Evaluate business opportunities through profitability and ROI analysis. Facilitate the Finance Manager in scenario planning to assess potential outcomes of strategic initiatives. Facilitate the Finance Manager in integrating strategic plans into financial forecasting processes.
• Data Analysis and Reporting : Prepare and deliver management reports, including dashboards, KPIs, and financial insights. Identify trends, risks, and opportunities that may impact financial performance. Ensure consistency, accuracy, and integrity in financial data across systems and reports.
• Expected Credit Losses : Ensure compliance with accounting standards (IFRS) and SAMA regulations for Financing Companies for recognizing expected credit losses. Calculate and report ECL figures as part of financial statements. Analyze how ECL impacts financial performance and forecasts. Control receivables staging and maintain company’s ECL to lowest levels.
• Operational Finance and Cost Management : Partner with operations teams to analyze cost structures and identify efficiency opportunities. Monitor and report on operational performance metrics and their financial implications. Develop cost allocation models and provide insights into cost drivers. Support operational decision-making by linking operational metrics to financial outcomes.

Job Details

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