FINANCIAL ANALYST

AWN ENTERPRISES; Al Khobar; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading financial services firm in Al Khobar, Saudi Arabia is seeking a Financial Analyst to manage financial consolidation and enhance group-level reporting. The ideal candidate should hold a Bachelor's degree in Finance and possess 3 to 5 years of relevant experience. Responsibilities include analyzing financial performance, preparing management reports, and ensuring compliance with accounting standards. Advanced Excel skills and a detail-oriented mindset are critical for success. This role offers opportunities to support strategic decision-making at the group level.

Qualifications

• 3–5 years of experience in financial analysis, consolidation, or group reporting.
• Experience in financial consolidation and intercompany eliminations.
• Strong knowledge of financial consolidation principles.

Responsibilities

• Prepare and manage group-level financial consolidation.
• Perform inter company reconciliation and eliminations.
• Analyze financial performance across business units.

Skills

Financial analysis

Budgeting

Forecasting

Analytical skills

Education

Bachelor’s degree in Finance

Professional certification (ACCA, CPA, CMA)

Tools

Excel

Financial reporting systems/ERP

Job description

The Financial Analyst is responsible for providing accurate financial analysis, group-level reporting, and consolidation of financial statements across subsidiaries. The role plays a critical part in financial consolidation, inter company eliminations, budgeting, forecasting, and performance analysis to support strategic decision-making at the holding-company level.

Key Responsibility Areas & Activities

Financial Consolidation & Group Reporting

• Prepare and manage group-level financial consolidation, including consolidation of multiple subsidiaries.
• Perform inter company reconciliation and eliminations, ensuring accuracy and compliance with group accounting policies.
• Ensure timely and accurate preparation of consolidated monthly, quarterly, and annual financial statements.
• Maintain and update consolidation schedules and supporting documentation.

Financial Analysis & Performance Monitoring

• Analyze financial performance across business units and subsidiaries.
• Prepare variance analysis (actual vs budget vs forecast) and provide actionable insights.
• Support management with profitability analysis, cost control, and financial modelling.
• Identify financial risks and opportunities at both entity and group levels.

Budgeting & Forecasting

• Assist in the preparation of group budgets and forecasts.
• Coordinate budget inputs from subsidiaries and ensure alignment with group financial strategy.
• Monitor budget performance and highlight deviations with recommendations.

Accounting & Compliance Support

• Ensure compliance with applicable accounting standards (IFRS or local GAAP).
• Support internal and external audits by providing required financial data and explanations.
• Assist in maintaining standardized accounting policies across the group.

Management Reporting & Decision Support

• Prepare management reports, dashboards, and financial presentations for senior leadership.
• Support strategic initiatives, business plans, and investment analysis.
• Collaborate with cross-functional teams to support operational and strategic objectives.

Requirements

Qualifications, Experience, Knowledge & Skills

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• Professional certification (ACCA, CPA, CMA) is an advantage.
• Minimum 3–5 years of experience in financial analysis, consolidation, or group reporting.
• Proven experience in financial consolidation and intercompany eliminations within a holding or group structure.

Job-Specific Skills

• Strong knowledge of financial consolidation principles and reporting standards.
• Advanced proficiency in Excel and financial reporting systems/ERP.
• Experience with budgeting, forecasting, and financial modeling.
• Strong analytical and problem-solving skills.

Competencies

• High attention to detail and accuracy.
• Strong analytical and critical-thinking ability.
• Excellent communication and reporting skills.
• Ability to work independently and manage multiple deadlines.
• Professional judgment and integrity.