Financial Analyst (Trading ,Two available Positions , Dammam)

• Posting Date: 14/05/2023
• Ref: KSA-140
• Position: Financial Analyst (Trading ,Two available Positions , Dammam)
• Location: KSA
• City: Dammam
• Sector: Trading
• Years of Experience 8
• Qualification: BA
• Salary: Up to SR 16k monthly package
• Workdays:
• Description:
  For Jordanians only , the ideal person should be able to perform the following tasks : REPORTING
  • Preparation of financials statements and related reports to internal & external stakeholders within
  stipulated reporting time frame.
  • Ensure financials statements are in compliance with IFRS guidelines and fulfils other regulatory
  requirements of the Kingdom (SOCPA, Shari’ah, etc)
  • Liaise with Internal Auditors for completion of Audits on timely basis and address audit findings by
  means of rectification & implementation of financial & non-financial controls and provide constructive
  feedback.
  • Liaise with external auditors for completion of interim & final audits and facilitate the auditors to issue
  the signed financials on time.
  • Coordinate with finance team to complete assigned month-end accounting tasks within deadlines
  • Perform thorough analysis over expenses periodically to ensure completeness and accuracy of the
  expenses prior to declaring the monthly profits to management.
  • Perform thorough analysis over monthly GP margin (branch wise & product wise) prior to declaring
  profits to management
  • Review and recommend changes to accounting policies as required to meet the business requirements
  • Making Special Report based on request from Management.
  PLANNING
  • Design effective budget models for departments and the entire company
  • Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all
  operations are within budget
  • Present annual budgets to steering committee Page 2 of 3 • Review budget requests for approval specially expenditures related capital assets
  • Forecast future budget needs
  • Implement and monitor budgetary controls to align different business units to achieve the common
  budget goal.
  • Identify variances between actual and budgeted financial results at the end of each reporting period
  • Provide constructive feedback to improve and control spending with profit maximization motive
  • Ensure department managers meet budget submission deadlines
  ANALYSIS
  • Perform financial forecasting, reporting, and operational metrics tracking
  • Analyze financial data – and create financial models for decision support
  • Report on financial performance and prepare for regular leadership reviews
  • Analyze past results, perform variance analysis, identify trends, and make recommendations for
  improvements
  • Work closely with the accounting team to ensure accurate financial reporting and decision support
  • Evaluate financial performance by comparing and analyzing actual results with plans and forecasts
  • Guide cost analysis process by establishing and enforcing policies and procedures
  • Provide analysis of trends and forecasts and recommend actions for optimization
  • Recommend actions by analyzing and interpreting data and making comparative analyses; study
  proposed changes in methods and materials
  • Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and
  Excel dashboards
  • Increase productivity by developing automated reporting/forecasting tools.
  More