Group Financial Analyst - Al Ghazzawi Group

Job Title:

Job Code:

Group Financial Analyst

Job Summary

Works across multiple entities with diverse operations. Manages responsibilities through a team of Finance Managers Accountants and support staff. The role requires a handson approach with specific responsibilities for Financial analysis Management Information System Statutory reporting Feasibility studies Cash flow management Group accounting and management. Work according to agreed business reporting and statutory timeframes.

Major Duties and Responsibilities

Provide excellent leadership and coordination for periodic Financial and operational reporting statutory reports measured by the effectiveness engagement and business units in respect of the team.

Build productive working relationships with stakeholders in order to understand their business operations value addition cycle and the financial information needs of end users.

Manage relationships with others across the Group to achieve alignment in key business strategies and decisions.

Analyze Groups cash flows within available facilities providing appropriate reports to Group CFO till higher Treasury Manager.

Manage the Groups financial reporting obligations with responsibility for preparation and lodgment of compliant full year and quarterly consolidated accounts.

Work closely with Statutory Auditors to finalize the audit and issuing the financials as per the deadlines stipulated by the management.

Manage the Groups statutory taxation obligations (including Zakat VAT Withholding Tax Customs duty draw back etc.) with responsibility for preparation and lodgment as per the GAZIT stipulations.

Collaborate design implement and review finance systems policies and procedures to ensure continuous improvement and contemporary relevant practices.

Oversee finance systems managing transaction flows from source through interfaces to general ledger.

Ensure finance ledgers are maintained on a timely basis are accurate and complete and structured for the dual purpose of providing relevant information to internal users and meeting statutory obligations.

Ensure reporting functions and responses to ad hoc requests for financial related information are appropriately delivered.

Preparation of annual budgets and rolling forecast for holding company entities.

Competent to make financial projections for 3 to 5 years at time.

Must be conversant in making the capital investment evaluations (IRR NPV Payback period etc.)

Perform the management of accounting function for holding company entities.

Consolidation of Group accounts as per the IFRS guidelines.

Able to identify asses and report to the GCFO all risks associated with the group of companies.

Address the queries raised by the internal auditors and assist in providing accurate information to them accordingly.

Additional duties as directed by CFO.

Generic accountabilities team member

Build team and individual capability ensuring personal effectiveness for work in current and future roles.

Contribute to the effectiveness of the Corporate Accounting team.

Support team meetings at which progress against KPIs are monitored and discussed.

Impart required training to department staff in updating their knowledge and skills.

Generic accountabilities every employee

Support a safe working environment within your area of responsibility and a safety first culture.

Apply sound time management judgement in relation to prioritizing work and meeting deadlines.

Ensure compliance with relevant legislation and organizational policies.

Managerial

Able to manage change and risk.

Excellent communication skills and the ability to communicate financial issues with nonfinance professionals and volunteers.

Excellent skills on financial and business presentations and feasibility studies

Problem solving ability.

Strong team player.

Excellent interpersonal skills.

Good planning and organizational skills.

Priorities workload and meet strict deadlines.

Competencies

The following competencies must be met and practiced on a continuous basis:

Behavioral

Functional

Management and statutory accounts preparation

Consolidation of group accounts.

Ensure that the IFRS guidelines are followed strictly in the group.

Zakat VAT Withholding Tax Customs Duty and draw back etc. are followed as per the GAZT regulations in the group.

Planning and budgeting.

Provide financial information service to management.

Ensure that Statutory Audit is finalized on time and Zakat Tax returns withholding tax Customs duty draw back returns are filed with GAZT on time

Qualifications and Experience

A minimum of:

Relevant GFA experience in finance and accounting in large group of Real Estate Retail and Manufacturing Industries in KSA and other Middle East Countries.

Firsthand experience of planning budgeting rolling forecast and Financial Analysis

Expert in analysis of wide range of data sets (market trends microeconomic factors financial statements demographics and other information) to formulate sound guidance and recommendations

CFA CA ACCA CPA CMA or equivalent

Capital Investment Evaluations

Consolidation of group accounts

Working experience in computation and filing of Zakat VAT and Withholding Tax returns as per GZIT regulations.

In addition to the above auditing experience in managerial level in Big 4 auditing firms will be given preference.

Job Type: Fulltime

Salary: 15000..00 per month

Ability to commute/relocate:

• Jeddah: Reliably commute or planning to relocate before starting work (Required)