Jobs Accounting/Banking/Finance Jobs in Saudi Arabia in Saudi Arabia
Main Purpose of the Job:
The preparation, development and analysis of management and financial accounting information to provide accurate and timely reports with
quality analysis to present to the Senior Management. Financial Analyst leverage strong
accounting and compliance backgrounds to explore historical financial data, predict future results and drive process and policy improvements.
Scope of Job:
· Management accounts preparation.
· Consolidation of accounts.
· Planning and budgeting.
· Provide financial information service to management.
· Financial Support.
Main Duties and Key Responsibilities:
Management Accounts Preparation
· Produce monthly management accounts and provide comments on Variances for management reporting purposes in liaison with Finance Manager / Accounts Manager.
· Prepare
and analyze monthly management accounts of subsidiary companies of the same Group for management reporting purposes.
· Undertake forecast variance analysis at agreed intervals during the year in conjunction with budget holders.
· Improve financial status by analyzing results; monitoring variances; identifying trends; recommending actions to management.
· Providing financial models and forecasting.
· Working with Seniors to update the format of the management accounts or other reports.
Consolidation of accounts
· Consolidations of accounts on quarterly and annual basis for accounting review and auditing
purposes by the statutory auditors.
· Coordinate with statutory auditors for effective and efficient completion of audit/review within agreed time line in liaison with Finance Managers / Accounts Managers of the same group of companies.
· Prepare financial information to be sent to outside parties/Tadawul/CMA.
Planning and Budgeting
• Assist the Senior/s with the planning and
budgeting process in liaison with Finance Managers of the same group of companies.
• Ensure all budget holders understand the
financial information they are sent every month and to answer questions they may have.
• Assist budget holders with preparation of
budget templates.
• Collate budget holder planning and budgeting
information.
• Produce the budget book.
Provide financial information service to management
• Produce reports for the Chief Financial Officer.
• Produce reports for Executive Group.
• Investigate possible cost saving areas.
Financial Support
• Provide all budget holders with up to date
information in relation to their budgets.
• With direction of Senior/s produce ad-hoc
information on the group’s finances to the Executive Group.
• Write and format accounting reports, in order
to improve accuracy of information produced and overall departmental performance.
Other Duties
• Any other duties assigned by the senior executive team members.
Qualifications and Experience
Qualifications
• CFA, ACCA, CA, CIMA, or equivalent.
Experience
• Relevant experience in preparation of
management and financial accounts in a multi company organization.
• First-hand experience of planning, budgeting
and forecasting.
• Consolidation of accounts.
Job Details
| Date Posted: | 2016-05-29 |
| Job Location: | Jeddah , Saudi Arabia |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Manufacturing and Production |
Preferred Candidate
| Career Level: | Management |
| Gender: | Male |
| Degree: | Bachelor's degree |
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