Financial Analyst

The “Financial Analyst” is responsible:

for monthly, quarterly, and annual production, analysis, and preparation of management reporting.

Formulating Tasheel’s yearly and rolling budget and financial plans in addition to performing cost control activities.

Preparing monthly forecast of full-year P&L, and quarterly BS & CF, to manage business diversities proactively.

• Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.

• Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes, and practices considering global standards, productivity improvement, and cost reduction.

• Assist in the preparation of timely and accurate statements and reports to meet department requirements, policies, and quality standards.

• Produce monthly/Quarterly/Annual management reports (P&L, BS & CF) including operational KPIs, analyze variances, and highlight trends for the company operation in KSA and other countries within the reporting timeline.
• Report, and analyze monthly, quarterly, and annual P&L of all cost centers, and full financials of all BU’s within the reporting timeline.
• Prepare/assist in the preparation of quarterly external reporting procedures (Financials, Public announcements, presentations, MOM of EXCOMM, BOD, GA meetings, etc), assist in the preparation of the annual BOD report.
• Follow the budgeting policies and procedures by the department’s strategies and the Company’s overall objectives and directions.
• Participate in setting a provisional timetable to be followed for the budget process.
• Prepare and provide monthly, quarterly, and yearly variance reports between actual and budgeted figures.
• Assist in preparing an annual consolidated budget for the Company.
• Advice on matters such as effective use of resources and assumptions underlying budget forecasts.
• Assist in developing standard budget forms and administer their submission to the relevant entities.
• Compile tables of revenues and expenses to show current budget status.
• Document costing types (variable, fixed, direct, and indirect costs) including definitions, methodologies, rules, and results (constraints and analysis).
• Report periodically on cost objects compared to historical costs.
• Collect and analyze records of present and past costs incurred to help forecast future revenues and expenses.
• Perform any other job-related duties as assigned or requested by the direct supervisor.

• Bachelor’s in finance or Accounting,
• Certification: CA / CFA / CPA / CMA

• 1 to 5 years of professional experience in a relevant position performing Management Reporting, Budgeting, and Variance Analysis activities.