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Operational Efficiency FS Consultant

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Ektis
Full Time position
Listed on 2026-02-28
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Consultant
Salary/Wage Range or Industry Benchmark: 150000 - 200000 SAR Yearly SAR 150000.00 200000.00 YEAR
Job Description & How to Apply Below

About Us

Specialized, disciplined, and driven by measurable growth across every engagement. Ektis, founded in 2025, is a financial services consulting firm built on decades of combined industry experience. Our diverse team of specialists brings deep sector expertise across the regional financial ecosystem, enabling us to turn complex challenges into practical, high-impact solutions.

As an expert‑led, boutique firm, we operate as an extension of our clients - partnering closely with financial institutions to translate ambition into measurable progress. We focus on building enduring internal capability and applying creative problem‑solving that delivers lasting impact.

Our approach integrates real‑world insights with strategic thinking and disciplined execution. We define objectives with precision, map the pathways required, and deliver outcomes that work in practice - not just in presentation decks. Every deliverable is designed to be actionable, professional, and reflective of the capability and results our clients aim to achieve.

Our Vision

Redefining financial services consulting for a new era - accelerating ideas, deepening execution, and driving outcomes that matter.

Our Mission

We partner with financial institutions to turn ambition into measurable results. Guided by our entrepreneurial spirit, we integrate with client teams and combine strategic clarity, disciplined execution, and creative problem‑solving to deliver lasting impact and build capabilities that endure.

Role Focus

As a commercially astute management consultant, you will drive sustainable improvement in operating cost efficiency and contra‑revenue expense control by identifying inefficiencies, leakage, and value erosion across end‑to‑end processes, pricing, billing, and delivery models. The role will balance cost discipline, revenue protection, and commercial pragmatism, ensuring efficiency gains do not compromise growth, client outcomes, or regulatory compliance.

Key Responsibilities Cost efficiency & operating model optimization
  • Identify and deliver cost reduction opportunities across people, process, technology, and sourcing
  • Analyze Total Cost of Operation by product, client, and process
  • Support operating model simplification, standardisation, and automation
  • Track, validate, and report cost savings
Contra‑revenue & margin protection
  • Identify drivers of contra‑revenue expense including:
  • Pricing overrides and discounts
  • Rebates, incentives, and revenue share agreements
  • Billing errors, refunds, claims leakage, penalties
  • Quantify margin leakage and validate benefits
  • Design and embed controls to prevent recurrence
Development of in‑house Proprietary Tools
  • Partner with in‑house Technology team to develop tool(s) using AI capabilities to be leveraged during client engagements
End‑to‑end process & root cause analysis
  • Map revenue and cost flows from contract / product design → execution →billing → settlement
  • Perform root cause analysis across process, system, data, and behavioural drivers
  • Prioritise initiatives based on value, risk, and feasibility
Data, insight & performance management
  • Develop KPIs and dashboards covering cost, contra‑revenue, and operational performance
  • Perform data reconciliation and exception analysis
  • Use insight to drive targeted interventions and decision‑making
Stakeholder engagement & change delivery
  • Partner with teams like Finance, Product, Operations and Technology
  • Challenge inefficiencies and leakage constructively
  • Support implementation, adoption, and benefits realisation
Key Skills, Experience And Behaviours

We believe great consultants combine analytical rigor with empathy, curiosity, and strong communication. At Ektis, we look for individuals who challenge assumptions, think critically and bring a collaborative mindset.

You Are An Ideal Candidate If You Have
  • Experience in cost optimisation, operational efficiency, revenue assurance, margin optimisation or contra‑revenue optimisation
  • Financial services experience (banking, payments, insurance, asset management)
  • Strong analytical, data reconciliation and forensic skills
  • Understanding of pricing, billing, and commercial drivers for different types of costs and products
  • Ability to quantify…
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