Financial Analyst
2 weeks ago
**Overview**:
AL Hokair group is a name that has been tied the world of hospitality and entertainment for decades. To many, it has become the first name that comes to mind when tourism in Saudi Arabia or the Arabian world are mentioned. The group was started in 1975 to invest in the sectors of entertainment and hospitality under the leadership of Sheikh Abdulmohsin AL Hokair.
Over five decades, the group's projects expanded to include 70 entertainment centers and 33 hotels spread in Saudi Arabia and United Arab Emirates. The group continues to develop its tourism investments to deliver the best of what top global companies offer by attracting expertise and establishing partnerships that enhance returns of investment and makes a difference in the fields of entertainment and hospitality.
**Job Summary**:
The Financial Analyst is responsible for analyzing financial data and providing insights to support decision-making processes within the organization. This role involves preparing financial reports, forecasting future financial performance, and conducting variance analysis to identify trends and discrepancies. The Financial Analyst will collaborate with various departments to ensure financial goals are met and provide recommendations for improving financial performance.
**Key Responsibilities**:
- Conduct financial analysis and prepare reports on current and historical financial data
- Analyze financial performance and identify trends, variances, and opportunities for improvement
- Develop and maintain financial models to support forecasting and budgeting processes
- Monitor and report on financial KPIs to senior management
- Collaborate with cross-functional teams to gather and analyze financial data for projects and initiatives
- Assist in the preparation of annual budgets and forecasts
- Conduct market research and stay updated on industry trends and competitors’ financial performance
- Participate in the evaluation of potential investments and acquisitions
- Ensure compliance with financial policies, procedures, and regulations
- Provide ad-hoc financial analysis and support to management as needed
**Qualifications**:
- Bachelor’s degree in Finance, Accounting, or related field
- Minimum of 3 years of experience in financial analysis or similar role
- Strong knowledge of financial principles and concepts
- Proven experience in financial modeling and data analysis
- Proficient in Microsoft Excel and other financial software
- Excellent written and verbal communication skills
- Ability to work independently and in a team environment
- Strong attention to detail and accuracy
- High level of confidentiality and integrity
- Knowledge of the retail or entertainment industry is a plus
- Professional certification (CFA, CPA, etc.) is a plus
We offer a competitive salary and benefits package, as well as opportunities for growth and career development within our dynamic and diverse organization.
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