Call: +971 45 78 6151 Email: clients@gulfmanagers.com

Financial Analyst (Planning & Budgeting)

Financial Analyst (Planning & Budgeting)

Job Overview

  • Job Location Riyadh-Saudi Arabia

 

Education:

  • Bachelor’s degree in Finance, Accounting, Economics or equivalent experience
  • Relevant professional qualification (e.g. CFA, CMA) is preferred

 

Experience:

  • 6-8 years of experience in a relevant finance function with at least 5 years in positions of progressively increasing managerial responsibilities

 

Languages:

  • Fluent in written and spoken English. Written and spoken Arabic language capability is desirable

 

JOB PURPOSE:

 

To own the budgeting processes by forecasting and monitoring the financial performances of different areas / departments and the capital expenditures of the company in order to achieve overall objectives and ensure the profitability of the company

 

General

  • Prepares and own the budgeting process and monitors financial performance versus the budget so that the function head is kept aware of anticipated costs/revenues, areas of unsatisfactory performance are identified and potential performance improvement opportunities are capitalized upon
  • Implements all policies, systems, processes, procedures and controls related to own department so that all of the relevant procedural/legislative requirements are met while delivering a quality, cost-effective service to customers consistently

 

Financial Planning & Budgeting

  • Prepares and coordinates the Company budget and monitors budget performance during the year, identifying possible needs and/or areas of improvement and ensure proper follow-up on identified issues and areas of improvement
  • Monitors the progress of budget utilization through actual vs. budget variances analysis, highlight notable discrepancies so that Company’s management is aware of anticipated costs/revenues, and areas of unsatisfactory performance are identified

 

Financial Analysis

  • Analyses, reviews, and provides guidance and relevant information to support the due diligence process to ensure proper financial evaluation of new projects and expansion plans
  • Evaluates industry and economic trends and competitor’s analysis

 

Financial Performance Management

  • Track the performance and progress against the budget key performance indicators (KPIs) and to contribute to the creation of a performance-driven culture
  • Lead the development of financial performance measures and KPIs (e.g., number of patients, number of treatments, etc.) in line with the business direction and finance strategy

 

Savings and Cost Management

  • Creates, maintains and confirms cost centers (costs and accounts) across the business units to ensure proper allocation and utilization of budget
  • Works and collaborates with cross-functional teams to understand historical spend behavior and future allocation of both capital and expense to understand, quantify and effectively communicate anticipated savings

 

Reporting

  • Reviews and ensures the preparation of timely and accurate departmental statements and reports to meet Company’s and department requirements, policies and standards

 

Apply for this job

Leave your thoughts

gulfmanagers

Our executive recruitment professionals, many of whom joined our firm from senior
positions in the industry sectors, they now serve, conduct more than 2,000 senior level searches for
clients in the GCC and the Middle East each year. We based in Duabi, UAE  Coming Soon in Saudi.

Contact Us

GulfManagers.
Suite 3203, X3 Tower, JLT,

Dubai,UAE.

Email: clients@gulfmanagers.com

Call: +971 45 78 6151

GulfManagers