SPECIALIST, FINANCIAL REPORTING

alfanar


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

Ensure accuracy, transparency, and compliance in financial reporting. Producing timely and insightful financial statements, regulatory filings, and management reports.

Key Accountability Areas

Annual Planning Participation:

  • Actively participate in the annual planning process, contributing insights and aligning financial objectives with organizational goals.

Monthly Plan Updates:

  • Regularly update plans monthly, engaging in discussions with relevant teams and departments to ensure alignment with evolving business dynamics.

Cost Analysis and Calculations:

  • Perform comprehensive cost analysis and calculations for department budgets, ensuring financial integrity and adherence to budgetary constraints.

Performance Analysis:

  • Analyze departmental performance, identifying key metrics and trends to inform strategic decision-making.

Variance Analysis:

  • Provide detailed variance analysis, comparing actual financial results with budgeted figures to pinpoint areas of improvement or concern.

Division Wise Financial Analysis:

  • Prepare and present division-wise financial analyses, offering a nuanced understanding of financial performance across different segments.

Month-End Results Calculation:

  • Calculate month-end results, ensuring accuracy and completeness in financial reporting.

Yearly Forecast Preparation:

  • Forecast the remainder of the year based on month-end results, considering evolving market conditions and internal factors.
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 Improvements:

  • 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 FinanceWork Experience 6 to 10 YearsTechnical / Functional Competencies Financial ReportingProfile 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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