Financial Expert

Overview:

We are seeking a seasoned expert in implementing SAP Central Finance suite of solutions for large companies, to function as a "Business System Analyst" in the Digital Finance Transformation Division of the Digital Finance Dept.

Digital Finance Department (DFD) is responsible for the coordination, development, and management of information systems used in financial accounting, treasury, financial planning & forecasting, performance management and the entire suite of digital solutions for the Finance Business line. The department personnel are multidisciplinary professionals with key focus on Financial Applications functional experience and IT technical background.

Digital Transformation Division is responsible for providing program management services for design, coordinate the development, test and rollout of group finance solutions. Group finance solutions leverage tools, including but not limited to the following:

• SAP Central Finance
• S4/HANA Treasury Management (Cash Pooling, Central Payments etc)
• S4/HANA Group Reporting & Advanced finance closing (AFC)
• Intercompany Hub for matching & reconciliation (ICMR and/or Blackline)
• Integrated Planning & Performance Mgmt (SAP or non-SAP Planning solutions)

The Business System Analyst is expected to facilitate important business outcomes, such as acceleration of financial close, enable financial transparency at Group and affiliate level, drive corporate performance, and facilitate value realization with efficient cash management, by implementing SAP Central Finance, Group Reporting and other related solutions. The Analyst will deliver such outcomes through structured implementation of SAP Central Finance and Group Reporting suite of solutions by working with corporate stakeholders such as IT, facilitating affiliate integrations and providing continued support.

The successful candidate will:

• Pursue a robust value centric methodology to define the setup and integration of SAP Central Finance solutions between Group and its Affiliate organizations.
• Leverage best practices to recommend and advocate transformation of finance functions with SAP Central Finance infrastructure.
• Assess feasibility of integration of the company's Affiliates, and provide advisory support to prepare the affiliate organizations to integrate with the company's Group via Central Finance, SAP GRDC (Group Reporting Data Collection) and other mechanisms.
• Have excellent communication skills to work with diverse teams and parties to conduct scoping and design workshops, and to troubleshoot issues and relationships.
• Ensure integrity of financial information, and strengthen financial information protection by identifying, designing and implementing roles, accesses, reconciliation mechanisms etc.
• Support the solution through continued engagement, stabilization, maintenance and enhancements.

Duties and responsibilities:

• Partner with business stakeholders to conduct scoping, develop design, coordinate development and testing, and managing the rollout of Group financial solutions leveraging SAP Central Finance, Group Reporting and related technical solutions.
• Coordinate with affiliate organizations to coordinate the infrastructure readiness, integration requirements, troubleshooting and enablement of the affiliate data exchange with the Group system.
• Assess requirements related to SAP Central Finance and Reporting; Perform financial system landscape assessment; Provide support for implementation.
• Provide ongoing support and troubleshooting for SAP Central Finance and Group Reporting modules, ensuring smooth transaction processing and data accuracy.
• Implement CFIN mappings, configure Group reporting solution, configure and troubleshoot with Application Interface Framework (AIF), setup workflows, and manage master data by designing and utilizing SAP Master Data Governance (MDG).
• Analyze and resolve complex system issues, collaborate with IT team for technical escalation if needed.
• Develop and maintain comprehensive reports and consolidated financial statements according to local GAAP and IFRS standards.
• Stay up-to-date on the latest SAP updates and best practices for Central Finance and Group Reporting.
• Participate in system upgrades and implementation projects, providing expertise and ensuring smooth transitions.
• Document processes and maintain user guides for efficient knowledge transfer within the team.
• Stay up-to-date on the latest advancements in SAP Central Finance topics, obtain necessary technology certifications.
• Communicate technical concepts and findings effectively to both technical and non-technical audiences.
• Maintain, support and optimize digital solutions.

Minimum requirements:

• As the successful candidate you will hold a Bachelor's degree in finance or IT from a recognized and approved program. Possession of an advanced business degree (e.g. MBA) and/or relevant professional certification (e.g. CMA, CFA, CPA) is but not required.
• You will have six to eight years' experience in implementation of SAP based financial accounting systems, including at least four years' experience in solutions related to SAP Central Finance and Group Reporting. You will have four years of experience, preferably at multiple companies.
• You will be able to demonstrate a thorough understanding of the various aspects of implementing financial accounting systems including articulation and measurement of benefits, evaluation of technical and execution options, critical success factors, and project risks.
• You must have hands on experience implementing SAP Central Finance and Group Reporting systems and will be able to analyze the financial accounting landscape and provide architectural options for implementing such solutions.

Benefits:

• Compelling remuneration package.
• Permanent Employment on an Indefinite Term Employment Agreement.
• The company's Incentive Plan: This is a broad-based annual and performance based incentive plan based on company and individual performance, base salary, and length of service during the plan year. The objective of this plan is to drive organizational performance, as well as, recognize and reward your contributions beyond the normal annual merit increases.
• Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country. You have full flexibility to use this payment in any way you choose.
• Annual vacation: You can look forward to up to 38 calendar days of paid leave each year. In addition, you'll typically be granted between 9 and 11 days of public holidays each year.
• Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service. The severance award is based on length of continuous service and final base pay. The severance award can be a substantial benefit for longer service employees.
• Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company's excellent education assistance plan for dependent children. This may include the option for them to attend the company's high quality private schools or to attend international schools in the local community.
• Quality housing in company communities or a rental assistance allowance: We have four communities in the Eastern Province where we provide quality accommodation in pleasant surroundings. Alternatively, employees may obtain housing in the local communities outside of the company's communities, for which we provide a rental assistance allowance.
• Free medical care: We provide medical care via our subsidiary medical network or contracted hospitals and clinics. These facilities are among the finest in the Middle East.
• Free access to recreational facilities: You will have access to our extensive range of recreational facilities that include: private beaches, tennis courts, exercise gyms, swimming pools, golf courses, tennis and squash courts, and much more.
• Free scheduled transportation: Air-conditioned buses are provided free of charge for transportation within camp areas, to work locations, local shopping areas outside camp, the beach and our other communities.
• Voluntary Group Life and Accident Insurance: you may enroll in a voluntary program providing term life insurance and accidental death and dismemberment (AD&D) coverage equal to 12, 18, 24 or 30 times your monthly base salary. Favorable group rates keep the premium low.
• Short-term : In the event you are unable to work due to illness or injury, short-term income benefits are provided. The benefit is 30 days full pay and 60 days at three-quarters pay, in any one year period.
• Death Benefit: The company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident and 12 months base pay if death is non-industrial related.
• Career development: We recognize and value professional growth and achievement, so you'll have many opportunities to develop your career and expertise.

BH4618

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