Senior Financial Analyst

Control Risks Group; Riyadh; On-site; SAR 279,000 - 446,000; Full time

Benefits offered by this job

Private medical insurance

Annual Housing Allowance

DIFC Employment Workplace SavingScheme

Job summary

Control Risks Group in Riyadh is seeking a Financial and payroll support professional to assist High Risk Managed Services with accounting, payroll, and reporting functions. The role ensures IFRS compliance and accurate project accounting for HRMS initiatives, while supporting external and internal reporting processes.

The successful candidate will contribute to month-end close, variance analysis, payroll reviews, and the setup/reporting for new legal entities, collaborating with Tax, Commercial

Qualifications

• Experience of management accounting.
• Experience in an analytical accounting role.
• Experience of preparing budgets and forecasts.
• Proficient with MS Excel.

Responsibilities

• Support month-end and year-end closing activities to meet reporting deadlines.
• Analyse financial performance and provide variance commentary.
• Conduct balance sheet reconciliations and investigate variances.
• Ensure income accuracy for HRMS activities and projects.
• Prepare and review journal entries, accruals, and adjustments.
• Support budgeting and forecasting with reliable data and insights.
• Assist with IFRS compliance and group reporting requirements.

Skills

Management accounting

Analytical accounting

Budgets & forecasts

MS Excel

Education

Part-qualified accounting qualification

Job description

Financial and payroll support to High Risk Managed Services

Tasks and responsibilities

Financial Accounting and Reporting:

• Support month-end and year-end closing activities to meet reporting deadlines.
• Analyse financial performance and provide commentary on key variances against budget, forecast, and prior periods.
• Perform balance sheet reconciliations and investigate variances.
• Ensure completeness and accuracy of income for HRMS department.
• Prepare and review journal entries, accruals and adjustments.
• Report realisation and project profitability for HRMS projects.
• Support budgeting and forecasting processes by providing accurate financial data and insights.
• Ensure compliance with IFRS and company accounting policies.
• Assist with tax, commercial finance and operational teams on accounting and reporting matters.
• Advise the business on financial issues, including FX and tax.

Payroll

• Review the monthly expat payroll. Ensure they are as per HR data and that amounts are calculated and booked correctly.
• Verify that supporting documents are on file for joiners, leavers, and those with contract amendments.
• Have a firm understanding of DIFC Employment Law and Iraq personal tax calculations.
• Assist in attending and resolving payroll queries and issues.

General responsibilities

• Provide ad hoc financial support to HRMS department as required.
• Provide financial support to HRMS Executive Committee as required.
• Assist in the setup and reporting requirements of new legal entities and business expansions.
• Assist with local statutory and group reporting requirements as required
• Assist with internal and external audits as required.
• Identify opportunities to improve reporting processes, automate tasks, and enhance financial controls.
• Assist Financial Controller and Regional Finance Director as required.

Knowledge and experience

Essential

• Experience of management accounting
• Experience in an analytical accounting role
• Experience of preparing budgets and forecasts
• Experienced user of MS Excel

Preferred

• Experience of providing financial support in a consulting business
• Experience of providing commercial support, including pricing
• Experience of audit
• Experience of working in a global business
• Experience of statutory accounting

Qualifications and specialist skills

• Candidates must have a reached part qualified status in a recognised accounting qualification

Competencies

• Take the initiative to resolve issues proactively within own remit and recognise when requires escalation.
• Uses creativity to think outside the box and encourages others to do the same.
• Adapts knowledge and analysis to provide effective solutions to clients; makes informed decision when appropriate.
• Delivers on personal objectives to deliver to strategic and department plans, focuses on delivery, strives to exceed expectations. Shows drive and determination to achieve high standards.
• Uses own knowledge and experience to make sound judgements or assist others with sound judgement.
• Ensures delivery of exceptional service by focussing self on the client’s needs.
• Understands the business as a whole, strategic priorities and own contribution to goals.
• Demonstrates global awareness; Considers the regional and global implications of what we do in our areas of responsibility; Identifies and build relationships across team and region.
• Suggests and makes improvements and efficiencies to manage costs and improve margins.
• Embraces a changing environment, adapts well to changing demands and ambiguous situations and adapts own behaviour accordingly.
• Express self clearly and displays sensitivity to develop constructive relationships with others. Shows understanding of others in order to influence as appropriate

Behaviours

• All employees are expected to display behaviours reflective of our company values: Integrity and Ethics, Collaboration and Teamwork, Commitment to People and Professionalism and Excellence

• Control Risks offers a competitively positioned compensation and benefits package that is transparent and summarised in the full job offer.
• Private medical insurance
• Annual Housing Allowance
• Compulsory monthly employer contributions to the DIFC Employment Workplace Saving Scheme
• As an equal opportunities employer, we encourage suitably qualified applicants from a wide range of backgrounds to apply and join us and are fully committed to equal treatment, free from discrimination, of all candidates throughout our recruitment process.