Financial Planning Analyst

2 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia البريد السعودي سبل Full time
Roles and responsibilities

Require willingness and ability to undertake specified tasks as directed.
Perform different tasks, process routine documents and maintain day to day activities..
Performs routine assignments based on existing policies and procedures of the function.
Receives instruction, guidance and direction from more senior level roles.
Learn, apply and consolidate specialized skills and knowledge in providing financial planning activities and responding to queries and providing explanations. Ensuring that any changes in financial planning activities are updated accordingly.
Assist in monitoring the end-to-end budgeting process by recognizing potential budget problems, preparing budget based on objectives, understanding revenues, expenditures and costs, managing capital budget, monitoring budget variances and errors, making adjustments to ensure proper development and consolidation of annual budgets.
Assist in Conducting a review and examine departments/divisions annual budget submissions in order to ensure accuracy and completeness of budgets and ensure adequate justifications are provided to support the estimated costs and budgets.
Asist in Reviewing and finalizing the consolidated annual budget in order to ensure alignment with Ministry of Finance guidelines and timelines and present the budget to the supervisor for further review.
Financial Analysis and Reporting
Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial reports, including balance sheets, profit and loss statements, and cash flow statements.
Variance Analysis: Perform variance analysis to compare actual performance against budgets and forecasts, identifying reasons for deviations and recommending corrective actions.
Key Performance Indicators (KPIs): Develop and track financial KPIs to assess the financial health and performance of the organization.
Trend Analysis: Analyze historical financial data to identify trends, patterns, and insights that can help guide future financial planning decisions.

Desired candidate profile

Financial Reconciliation
Financial Controls
Financial Advisory
Financial Modelling & Analysis
Budgeting & Control
Regulatory Financial Reporting
Drives Results
Collaborates
Customer Focus
Instills Trust
Budgeting and Forecasting
Budget Preparation: Work with department heads and senior management to create annual budgets that align with the organization's strategic goals and objectives.
Forecasting: Develop and maintain financial forecasts to predict future revenue, expenses, and cash flows. Update forecasts regularly to reflect actual performance and changing market conditions.
Scenario Planning: Conduct scenario analysis to explore different financial outcomes based on varying assumptions (e.g., revenue growth, cost reduction, market changes).
Financial Modeling and Strategy
Financial Modeling: Build and maintain financial models to analyze potential investments, business opportunities, mergers and acquisitions, or capital expenditures.
Investment Analysis: Evaluate the financial viability of potential investments, including conducting ROI (Return on Investment) and NPV (Net Present Value) analyses.
Strategic Planning: Support long-term financial planning and decision-making by providing financial insights into strategic initiatives and potential business opportunities.



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