Senior Specialist, Financial Reporting

alfanar


Date: 2 weeks ago
City: Riyadh
Contract type: Full time
Job description:

Job Purpose

To maintain accurate financial reports, conduct variance analysis, assist in budgeting and forecasting, and support month-end closing and audits, ensuring adherence to accounting standards.

Key Accountability Areas

Financial Reporting & Analysis:

  • Generate and review monthly, quarterly, and annual financial statements, ensuring compliance with accounting standards.
  • Analyze financial data to uncover trends and evaluate performance metrics.

Variance & Performance Analysis:

  • Perform variance analysis by comparing actual results with budgeted figures, providing insights into performance and identifying areas for improvement.

Budgeting & Forecasting Support:

  • Assist in the development of financial forecasts and contribute to monthly plan updates, ensuring they align with organizational objectives.

Division-Level Reporting:

  • Produce financial reports specific to different divisions, providing a clear and detailed overview of performance across various business areas.

Month-End Closing & Audit Assistance:

  • Calculate and verify month-end results, ensuring the completeness of reports, and provide support during audit processes by preparing necessary documentation.
Role Accountability

HR Proficiency:

  • Ability to obtain updated soft and technical skills related to the job.

Delivery:

  • Perform the planned activities to meet the operational and development targets as per delivery schedules.
  • Utilize resources effectively to achieve objectives within efficient cost and time.
  • Provide a periodic report formatted by detailing the deviation and execution of planned tasks.

Problem-Solving:

  • Solve any related problems arise and escalate any complex operational issues.

Quality:

  • Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.

Business Process Improvement:

  • Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.

Compliance:

  • Comply to related policy and procedures and work instructions.

Health, Safety, and Environment:

  • Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.
Academic Qualification Bachelor Degree in Accounting and Finance or Any relevant field Work Experience 4 to 6 Years Technical / Functional Competencies Financial Reporting

Profile description:

Alfanar is a Saudi company with an international presence, primarily engaged in the manufacturing and trading of a wide variety of low, medium, and high voltage electrical products, in addition to its portfolio of conventional and renewable energy solutions, oil and gas, water treatment, infrastructure, technical services, and digital solutions.

The hub of alfanar’s manufacturing operations is Medinet alfanar Alsinaiya, a 700,000 square-meter complex located in Riyadh. The complex houses an array of ultra-modern manufacturing facilities and laboratories equipped with state-of-the-art technologies and staffed with highly skilled professionals.

alfanar derives its success from its commitment to providing the highest quality standards to its customers, and the continuous development of its human capital, who alfanar considers its most valuable asset. With this in mind, alfanar promotes a proactive work environment where its employees are always valued, nurtured, and empowered to fuel their pride in being part of alfanar.

For more information about alfanar, please visit alfanar.com

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