Financial Analyst

flynas; Riyadh; On-site; SAR 167,000 - 279,000; Full time

Job summary

flynas seeks a Finance/Business Analyst to participate in financial planning activities in Riyadh. You will assist in monthly management reports, cost control, and ad hoc analyses, collaborating with cross-functional teams.

The role covers preparing budgets, forecasts, and deep-dives into revenue and cost items, including route profitability by market segment, region, country, and route, and supporting CTO cost transformation initiatives.

Qualifications

• Assist in monthly management report preparations, including performance vs budget and prior year.
• Prepare operational KPIs for current month, YTD, and variance analysis.
• Conduct deep-dive analyses for revenue and cost items.
• Assess route profitability by market segment, region, country and route.
• Support budget and forecast processes, and cost reduction initiatives.
• Collaborate with CTO team to identify cost reduction and revenue optimization ideas.
• Perform ad-hoc analyses and provide data to departments or external parties.

Responsibilities

• Participate in the financial planning activities.
• Prepare monthly management reports and variance analyses.
• Assist in budget and forecast processes.
• Support cost control initiatives and revenue optimization projects.

Skills

Financial analysis

Reporting

Variance analysis

Data analysis

Job description

The Job Holder is responsible for participating in the financial planning activities

Responsibilities

• Functional
• Monthly management report preparation.
• Cost control
• Adhoc Analysis

Operational

• Monthly management report.

1- Assist in the monthly management report preparations, a comprehensive report

that includes but is not limited to the following:

2- Company’s financial performance for the month, YTD along with variance

analysis vs. budget and prior year.

3- Operational KPIs for the current month, YTD vs. budget and prior year.

4- Deep dive analysis for all Revenue & Cost items.

5- Route profitability (Profitability by Market segment, Region, Country &

Route).

6- Assist in the monthly departmental report preparation.

• Budget & Forecast:

1- Assist in the budget preparation process.

• Cost Reduction.

1- Part of CTO team (cost transformation office) – work with multiple stakeholders

to explore cost reduction/revenue optimization ideas across all areas in the

company and support in implementing them.

• Adhoc tasks.

1- Perform any ad-hoc analysis (cost analysis, revenue analysis, new projects…etc).

2- Provide any data requested by any department or external party.