Financial Analyst
3 days ago
Description:
- For Jordanians only, the ideal person should be able to perform the following tasks : REPORTING- Preparation of financials statements and related reports to internal & external stakeholders within
stipulated reporting time frame.- Ensure financials statements are in compliance with IFRS guidelines and fulfils other regulatory
requirements of the Kingdom (SOCPA, Shari’ah, etc)- Liaise with Internal Auditors for completion of Audits on timely basis and address audit findings by
means of rectification & implementation of financial & non-financial controls and provide constructive
- feedback.- Liaise with external auditors for completion of interim & final audits and facilitate the auditors to issue
the signed financials on time.- Coordinate with finance team to complete assigned month-end accounting tasks within deadlines
- Perform thorough analysis over expenses periodically to ensure completeness and accuracy of the
expenses prior to declaring the monthly profits to management.- Perform thorough analysis over monthly GP margin (branch wise & product wise) prior to declaring
profits to management- Review and recommend changes to accounting policies as required to meet the business requirements
- Making Special Report based on request from Management.
PLANNING- Design effective budget models for departments and the entire company
- Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all
operations are within budget
- Present annual budgets to steering committee Page 2 of 3 - Review budget requests for approval specially expenditures related capital assets- Forecast future budget needs
- Implement and monitor budgetary controls to align different business units to achieve the common
budget goal.- Identify variances between actual and budgeted financial results at the end of each reporting period
- Provide constructive feedback to improve and control spending with profit maximization motive
- Ensure department managers meet budget submission deadlines
ANALYSIS- Perform financial forecasting, reporting, and operational metrics tracking
- Analyze financial data - and create financial models for decision support
- Report on financial performance and prepare for regular leadership reviews
- Analyze past results, perform variance analysis, identify trends, and make recommendations for
improvements- Work closely with the accounting team to ensure accurate financial reporting and decision support
- Evaluate financial performance by comparing and analyzing actual results with plans and forecasts
- Guide cost analysis process by establishing and enforcing policies and procedures
- Provide analysis of trends and forecasts and recommend actions for optimization
- Recommend actions by analyzing and interpreting data and making comparative analyses; study
proposed changes in methods and materials- Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and
Excel dashboards- Increase productivity by developing automated reporting/forecasting tools.
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