BU Controlling Analyst

ASMO is a groundbreaking joint venture between DHL and Saudi Aramco. Inheriting DHL’s logistics excellence and Saudi Aramco’s extensive supply chain ecosystem, we are here to set a new benchmark and redefine the procurement and supply chain landscape, enabling growth.

ASMO aims to be operational in 2025 and provide reliable end-to-end integrated procurement and supply chain services for companies across the industrial, energy, chemical, and petrochemical sectors. Our focus customers in the short term will be Saudi Aramco and its Affiliates. In the long term, all the industrial sectors within Saudi Arabia aim to reach the MENA region.

Objective:

The role holder is responsible for collecting and analysing financial information to determine the feasibility of a potential procurement and logistics project. The role holder is also responsible for improving the operational, financial effectiveness and decision-making of ASMO.

General Responsibilities:

• Prepare, consolidate, perform financial analysis and provide recommendations and commentaries for monthly reports.
• Provide analytical support in determining the feasibility of various potential projects and associated impact to ASMO’s financials through market or industry specific research analysis.
• Support in the building of financial models utilizing results from due diligence in order to determine the main assumptions and basis for the long-term projections.
• Work with the rest of the Finance function to improve the periodic reporting process in terms of accuracy, timeliness and reliability and ensure compliance with financial regulators such as the CMA.
• Implement appropriate controls and procedures to ensure accuracy in decision support / information reporting processes.
• Provide benchmarking analysis and competition reports to management.
• Conduct desktop research to track agreements entered with managed joint venture companies and industry peers.
• Monitor key financial indicators or business drivers, highlight trends and analysing cause of change in case of material variances.
• Stay aware of annual changes in budget and financial targets.
• Recommend training and development interventions for team members to build their capabilities.
• Contribute to the identification of opportunities for the continuous improvement of systems, processes and practices to increase productivity and operational efficiency.
• Implement all relevant Department’s policies, processes, procedures and instructions so that work is carried out in a controlled and consistent manner.
• Contribute to the preparation of timely and accurate reports to meet departmental requirements, policies and standards.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Economics or equivalent from a recognized and accredited university is required.
• Master’s degree in Finance, Accounting, Economics, or equivalent from a recognized and accredited university is preferred.
• CFA / CISI / ACCA preferred
• Demonstrated proficiency in oral and written English.
• 5 years’ experience in the same Field.