Senior Financial Analyst

Job Purpose:

Responsible for supporting the financial planning and analysis (FP&A) function by delivering high-quality financial analysis, budgeting, forecasting, and financial modelling to support strategic and operational decision-making. The role focuses on creating financial models, analyzing financial performance, identifying risks and opportunities, and providing actionable insights to improve profitability, cost efficiency, and financial performance.

Key Accountabilities:

1. Financial Planning & Forecasting

• Support the development of the annual budget and rolling forecasts in alignment with business objectives.

• Prepare detailed financial models and forecasts based on operational and financial data.

• Analyze financial performance against budgets, forecasts, and historical trends.

• Prepare monthly variance analysis reports and explain key drivers of performance.

• Support the automation and improvement of financial reporting processes in collaboration with IT and relevant stakeholders.

• Ensure accuracy, completeness, and integrity of financial data used in analysis and reporting.

2. Performance Analysis

• Monitor key performance indicators (KPIs) and analyze financial and operational trends.

• Conduct variance analysis and identify risks, opportunities, and cost optimization areas.

• Prepare financial ratio analysis to assess profitability, efficiency, and financial health.

• Provide regular performance reports with actionable insights and recommendations.

3. Strategic and Operational Decision Support

• Develop financial models to evaluate business initiatives such as store expansion, pricing strategies, and investment opportunities.

• Support ROI and profitability analysis for capital expenditures and operational initiatives.

• Assist business units by providing financial insights to support operational decision-making.

• Analyze cost structures and recommend efficiency improvements.

4. Financial Reporting and Compliance

• Prepare financial reports, dashboards, and presentations for management review.

• Support preparation of executive and board-level financial presentations.

• Ensure compliance with accounting standards (GAAP/IFRS) and internal financial policies.

• Maintain consistency and accuracy of financial reporting across business units.

5. Benchmarking and Market Analysis

• Analyze internal performance and benchmark against industry and competitors.

• Monitor external factors such as inflation, cost trends, and market conditions.

• Provide insights to support pricing, cost management, and profitability improvement.

6. Process Improvement and Systems Support

• Support implementation and enhancement of financial planning and reporting tools.

• Improve reporting efficiency through automation and BI tools (Power BI, Tableau, Excel).

• Contribute to continuous improvement initiatives within the FP&A function.

Experience & Qualifications

• Bachelor's degree or equivalent in Finance.

Key Competencies:

• Professional qualification (e.g. CMA, CFA, CPA) is highly preferred.
• Strong analytical skills with data visualization tools (Power BI, Tableau).
• Proficiency in English Language and Arabic knowledge is essential plus.
• Strong proficiency in financial modelling, excel and ERP systems.
• Excellent presentation and PowerPoint skills.
• Excellent analytical, problem solving and communication skills.
• Strong analytical skills with data visualization tools (Power BI, Tableau).
• Ability to influence and collaborate across multiple teams.
• Experience in handling large datasets and BI tools for reporting.
• Ability to work under pressure and meet tight deadlines.
• Knowledge of retail metrics (e.g. inventory turnover, shrinkage, sales intensity).