Senior Reporting Analyst

Asnad; Dammam; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading financial services firm in Dammam is seeking a Senior Reporting Analyst. This role involves managing financial reporting and adherence to IFRS, ensuring timely and accurate financial closes across multiple departments. The ideal candidate will have a Bachelor's degree in finance or Accounting and at least 3 years of relevant experience. Responsibilities include preparing management reports, forecasting, and managing month-end processes effectively. Competitive compensation and growth opportunities are provided.

Qualifications

• Bachelor’s degree in finance or Accounting or Equivalent.
• Minimum 3 years of experience in financial reporting or a related field.

Responsibilities

• Prepare the monthly management report ensuring financial information adequacy.
• Partner with CSU leaders to improve forecasting accuracy.
• Apply correct revenue recognition for various contracts as per IFRS.
• Manage month-end close for assigned CSUs and document key controls.

Skills

Financial reporting

Revenue recognition (IFRS)

Budgeting protocols

Time management

Analytical skills

Education

Bachelor’s degree in finance or Accounting

Job description

At Asnad, we combine deep local expertise with global best practices to deliver exceptional professional services across Saudi Arabia. As a proudly Saudi firm and a subsidiary of Ali Zaid Al Quraishi & Brothers Company (AZAQ), we understand the unique challenges and opportunities within the Kingdom’s evolving business landscape. Our comprehensive suite of services supports organizations navigating growth, compliance, and transformation in alignment with Vision 2030.

Job Summary

Job Title: Senior Reporting Analyst

Department: Accounting

Job Purpose:

The Senior Reporting Analyst is a key member of the Shared Services Record‑to‑Report team serving multiple Corporate Service Units (CSUs) across the Asnad firm. The role will deliver an accurate, timely, and well-controlled financial close while partnering with CSU leaders and their teams, as well as with Accounting and FP&A. Core responsibilities include professional services revenue recognition (IFRS), WIP & unbilled management, time & expense integrity, intercompany recharges, and adherence to defined SLAs and internal controls.

Job Responsibilities

• Prepare the monthly management report ensuring adequacy, consistency of financial information and insightful commentary
• Provide clear commentary on engagement margins, utilization/realization, write‑offs, and drivers of variance.
• Partner with CSU leaders and FP&A to improve forecasting accuracy (backlog utilization, pipeline conversion, rate/mix).
• Set up new engagements/projects (codes, rate cards, budgets, milestones, billing plans) per policy.
• Monitor WIP, unbilled revenue/contract assets, and change orders; partner with CSU leaders to resolve holds and overdue approvals.
• Apply correct revenue recognition for time & materials, fixed‑fee, retainers, and milestone contracts in line with IFRS 15 and firm policies.
• Track subcontractor/partner costs and pass‑through disbursements to ensure margin visibility and accurate client recharges.
• Support pre-bill review and convert WIP to invoices promptly; ensure tax treatment and client e-invoicing/portal submissions meet requirements.
• Reconcile retainers/advances, credit notes, writeups/downs, and revenue leakage (missing time, unbilled disbursements).
• Drive lock‑up (WIP + AR) and DSO improvements through proactive issue resolution with practices and Credit Control.
• Support the development and rollout of budgeting protocols across service units.
• Lead annual budgeting processes for the Corporate Service Units, working with the Service Units leaders, the Finance Director and Head of FP&A
• Assist in reviewing and aligning budget submissions with Shared Services standards and KPIs
• Manage inter‑firm/intercompany billings including transfer pricing mark‑ups, withholding/tax gross‑ups, and eliminations.
• Own month‑end close for assigned CSUs: pre‑close checks, accruals/deferrals, intercompany recharges, allocations.
• Prepare and review balance sheet reconciliations (WIP & unbilled, AR, prepayments, fixed assets, payroll, VAT/indirect taxes, intercompany).
• Ensure trial balance integrity; produce entity/practice P&L and balance sheet with variance analysis vs. budget/forecast.
• Operate and document key controls (JE approvals, reconciliations, revenue recognition checklists, user access, SoD).
• Support internal/external audits with complete documentation, and close remediation actions on time.
• Comply with IFRS, VAT//WHT rules, document retention, and firm accounting policies.
• Assist in preparing board-level presentations and ad hoc assignments
• Oversee the implementation and maintenance of time tracking tools across service units.
• Ensure accurate time logging for resource planning, billing, and performance analysis.
• Collaborate with IT and operations teams to resolve system issues and enhance tool functionality.

Desired Qualifications & Experience

• Bachelor’s degree in finance / Accounting or Equivalent.
• Minimum 3 Years of experience in the same field.