Lead Analyst / Cost Controller II

Ma’aden; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading mining company in Saudi Arabia seeks an experienced financial analyst to enhance its financial performance. The role involves analyzing financial results, budgets, and market trends to provide high-quality insights for strategic decision-making. Candidates should possess a bachelor’s degree in finance or related fields and ideally have around 8 years of experience. Advanced financial modeling and data analysis skills, alongside strong analytical capabilities, are essential for success in this critical position.

Qualifications

• 8+ years of relevant experience, with international exposure preferred.
• Strong analytical and reporting capabilities.
• Advanced financial modeling and data analysis skills.

Responsibilities

• Produce accurate P&L, Balance Sheet, and Cash Flow reports.
• Oversee GL management, monthly closings, and asset register.
• Conduct financial analysis and variance reviews.
• Support digitalization initiatives and automation of reporting.

Skills

Analytical skills

Financial modeling

Data analysis

Problem-solving

Education

Bachelor’s degree in finance, Accounting, Business, or Economics

CFA preferred

Tools

Excel

Job description

Overview

Overall, Purpose: Drive and enhance Maaden’s financial performance by analyzing financial results, budgets, forecasts, variances, and market trends. Provide high-quality financial insights to support strategic and operational decisions.

Key Qualifications & Experience

• Bachelor’s degree in finance, Accounting, Business, or Economics; CFA preferred.
• ~8 years relevant experience; international exposure and M&A experience advantageous.
• Strong analytical, reporting, and problem-solving capability.
• Advanced financial modeling, Excel, and data analysis skills.

Core Responsibilities

Financial Operations

• Produce accurate and timely P&L, Balance Sheet, and Cash Flow reporting for BM&NM BU.
• Oversee GL management, monthly closing, and asset register processes.
• Conduct financial analysis, variance reviews, investment appraisal, and market research.
• Build and maintain financial models, forecasts, and dashboards.
• Ensure effective internal controls, policy compliance, and risk mitigation.
• Prepare management and board-level reports and performance insights.

Business & Strategic Support

• Provide expert financial guidance to senior stakeholders.
• Evaluate business performance and identify improvement opportunities.
• Support digitalization initiatives and automation of reporting.
• Contribute to investment strategy and risk management.

Leadership & Collaboration

• Transfer expertise, mentor others, and support capability development.
• Drive continuous improvement and contribute to functional strategy.
• Build strong relationships with internal and external stakeholders (Finance, Strategy, Investors, Government, Affiliates, etc.).
• Maintain deep knowledge of market conditions, financial instruments, and industry trends.

Technical & Functional Competencies

• Advanced financial modeling and data analytics.
• Strong knowledge of finance principles, accounting rules, taxation, fiscal policies, capital markets, and regulatory frameworks.
• Understanding of financial products, bond markets, commercial paper, and loan covenants.
• Expert Excel and data-management tool proficiency.

Overall Summary

This role combines financial reporting, performance analysis, investment evaluation, and strategic advisory responsibilities. It requires strong analytical expertise, accuracy, advanced modeling capabilities, and the ability to influence senior management through high-quality financial insights. The position plays a critical role in driving business performance, supporting decision-making, ensuring governance, and enhancing Maaden's competitiveness.