Financial Analyst
2 weeks ago
Job Title: Financial Analyst
Location: Saudi Arabia
Experience: 4-5 Years
Salary: Competitive Based on Experience
About the Job
- We are seeking a skilled Financial Analyst to join our team at Saudi Petroleum Services Polytechnic. As a Financial Analyst, you will play a crucial role in analyzing and managing cost data to help control and reduce costs in the organization.
- Your primary responsibility will be to prepare and maintain detailed cost reports to assess the cost structure of the business.
- You will also conduct cost analysis for various departments to identify opportunities for cost reduction.
- In addition, you will review and analyze financial statements, budgets, and other related financial documents.
- Maintaining accurate records of inventory, production costs, and other related expenses is also an essential part of this role.
- You will assist in preparing budgets and forecasts by analyzing historical data and trends.
- Ensuring that all costs are recorded and reported according to accounting standards is a key aspect of this position.
- Liaising with other departments (such as production, procurement, and finance) to gather necessary cost information is also required.
- Conducting periodic audits to ensure cost allocation and cost control procedures are being followed is an important duty.
- You will provide recommendations on pricing, cost reductions, and profit maximization strategies.
Requirements
- Bachelor's degree in Accounting, Finance, or related field
- Minimum of 4-5 years of experience in cost accounting or management accounting
- Professional certification (e.g., CMA, CIMA) is a plus
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