Financial Analyst

Job Purpose:

Consolidate, analyze, and prepare periodical financial reports for the Construction Group to ensure accurate presentation of the financial information to the top management highlighting key performance indicators and analyzing variances against budget.

Roles & Responsibilities:

• Process income received journals, ensuring these correctly reflect the income recorded in the database.

• Revise the monthly end accruals and prepayment journals and fill of financial statements’ footnotes.

• Review monthly management accounts to ensure accounts reconcile to nominal ledger.

• Undertake forecast variance analysis at agreed intervals during the year with budget holders.

• Deliver high quality and robust decisions with favorable business outcomes.

• Analyze key issues, risks & opportunities on monthly basis, identify any irregularities and bring them to the attention of operational managers.

• Compare data received from project sites and cost control with the financial records and ensure any variances are explained and understood.

• Perform specialized financial reports including AR Aging and cash-flow analysis etc.

• Review with the financial manager the different business units, act as a business partner to ensure the business units have all the help they need.

• Perform the planning and budgeting process.

• Support in the initial draft of the annual budget for the construction group and provide analysis which will help keep variances against budget under control in the next financial year and provide them for the financial manager.

• Support the financial manager in preparing and maintaining 5 years forecasts for the Construction Group.

• Support the financial manager to improve financial awareness of the non-finance construction team through specialized training courses and site visits.

• Provide all necessary data and support to financial manager and senior finance team colleagues as required.

• Build a financial model that are easy to comprehend.

• Perform other assignments as necessary to support the function/department.

• Ensure working according to the company HSE policies and regulations, risk assessment and environmental aspects.

Minimum Qualification & Requirements:

Education/ Qualifications: Bachelor’s degree in commerce or business.

Professional Certification: Preference is for role holder to be studying for a professional accounting qualification (ACCA, CIMA, CIPFA or equivalent).

Work Experience: 5-7 years of experience in accounting, auditing, or financial analysis. Relevant experience in preparation of management accounts in a multi-site, decentralized organization First-hand experience of planning, budgeting and forecasting.

Language: Arabic\English is a Preferred.

Computer Skills: Good knowledge of Microsoft word, Excel, Access, PowerPoint and Internet Knowledge of ERP system desirable.