Financial Planning Assistant Manager

stc; Riyadh; On-site; SAR 180,000 - 240,000; Full time

Job summary

STC in Riyadh seeks a Senior Professional to supervise financial modelling, budgeting and planning, and to review proposals for profitability and revenue assurance. You will lead analyses that guide senior management across business units.

Candidates should have 5+ years in budgeting and FP&A in tech/telecom, with strong proficiency in finance systems, regulatory compliance, and reporting. A Bachelor's or Master's in Engineering or Business Administration is required.

Qualifications

• Minimum of 5 years in relevant experience.
• Experience in budgeting, financial planning & analysis in technology/telecommunication industry.
• Senior Professional level with leadership responsibilities.

Responsibilities

• Supervise work activities in financial analysis, modelling, budgeting and profitability targets.
• Review and supervise reports on profitability, services, products, costs and investments.
• Analyze STC’s portfolio of investments and provide optimization recommendations.
• Ensure adherence to regulatory standards and compliance.
• Monitor performance against targets and manage projects as required.

Skills

Financial analysis

Financial modelling

Budgeting

Regulatory compliance

Finance & accounting

IT financial systems

Education

Bachelor's Degree in Engineering or Business Administration

Master's Degree in Engineering or Business Administration

Job description

Job Purpose

Jobs at this level are responsible for supervising work pertaining to financial modelling and budgeting. Also, they are responsible for examining financial proposals, deriving insights and providing recommendations on relevant financial mandates to the senior management of the work units.

Job Purpose

Jobs at this level are responsible for supervising work pertaining to financial modelling and budgeting. Also, they are responsible for examining financial proposals, deriving insights and providing recommendations on relevant financial mandates to the senior management of the work units.

Job Responsibility

Financial Planning & Analysis

• Supervise work activities within the assigned specialization (such as financial analysis, financial modelling, valuation and etc.) to ensure efficient execution and achievement of financial targets.
• Contribute in enabling full cost allocation and profitability analysis on service and products to ensure BUs and subsidiaries profitability are improved.
• Contribute in identifying issues and areas of potential revenue leakage and recommend changes to operational business processes and systems to minimize the risk and potential exposure to revenue leakage.
• Analyse STC’s portfolio of investments to gauge returns against historical figures and support in making relevant suggestions for optimization.
• Review and supervise reports on profitability, services, products, cost and investments in liaison with Financial Control.
• Report revenue assurance function including billing and usage reconciliation and undertake revenue leakage and fraud prevention exercises.
• Review and supervise produced reports and metrics, identifying potential issues and undertakes preventive measures to mitigate relevant technical and operational risks.

Generic Role

• Examine proposals for variations in financial plans and/or budgets and provides recommendations based on thorough reasoning and logical arguments.
• Monitor performance of the assigned work unit against pre - defined targets to ensure the optimal achievement of goals.
• Analyse internal/external trends and patterns to identify potential issues and undertakes preventive measures to mitigate medium term technical and business risks.
• Supervise work units within the specified area of work, to ensure efficient work flows and accurate outputs.
• Ensure adherence of deliverables to necessary standards from a procedural, legislative and compliance perspective.
• Manage projects and initiatives, as may be required by the reporting senior.
• Supervise work teams, if needed, to ensure work continuity.
• Develop and supervise respective team members, if needed, for undertaking higher responsibilities.

Job Responsibility (cont.)

Years Of Experience

Minimum of 5 years in relevant experience

Nature Of Experience

Experience in the budgeting, financial planning & analysis at technology/telecommunication industry.

Job Band

Senior Professional

Skills

• Advance proficiency in financial regulatory laws, procedures and guidelines
• Advance proficiency in finance and accounting
• Advance proficiency in relevant IT financial systems and methodologies
• Advance proficiency in financial analysis
• Advance proficiency in budgeting and reporting

Education

Bachelor Degree in Engineering or Business Administration or any other relevant majors

Masters Degree in Engineering or Business Administration or any other relevant majors

Additional Education

Certifications