Senior Reporting Analyst

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

Job summary

A professional services firm in Dhahran, Saudi Arabia, is seeking a Senior Reporting Analyst to enhance financial reporting accuracy and support extensive financial analysis across multiple units. The ideal candidate will have a Bachelor's degree in finance or accounting, coupled with a minimum of three years of relevant experience. Responsibilities include preparing management reports, overseeing month-end closing, and ensuring compliance with IFRS standards, all while collaborating with various corporate service units to drive financial performance.

Qualifications

• Minimum 3 years of experience in the same field.
• Strong analytical skills to improve financial forecasting.
• Proficient in IFRS and accounting policies.

Responsibilities

• Prepare monthly management report ensuring financial consistency.
• Partner with CSU leaders to resolve financial issues and improve forecasts.
• Own month-end close processes and support internal/external audits.

Skills

Financial reporting

Revenue recognition

Budgeting

Accounting principles

Analytical skills

Education

Bachelor’s degree in finance / Accounting or Equivalent

Job description

About Asnad

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

Location: Dammam, KSA

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 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.