Financial Analyst

7 days ago

Dammam, Eastern Province, Saudi Arabia Al Moosa Specialist Hospital Full time 60,000 - 120,000 per year
Description

*B. Duties and Responsibilities *

The following are all aspects of a financial analyst's duties:

1. Perform financial forecasting, reporting, and operational metrics tracking

2. Analyze financial data and create financial models for decision support

3. Report on financial performance and prepare for regular leadership reviews

4. Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements

5. Work closely with the accounting team to ensure accurate financial reporting

6. Evaluate financial performance by comparing and analyzing actual results with plans and forecasts

7. Guide the cost analysis process by establishing and enforcing policies and procedures

8. Provide analysis of trends and forecasts and recommend actions for optimization

9. Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials

10. Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards

11. Increase productivity by developing automated reporting/forecasting tools

12. Perform market research, data mining, business intelligence, and valuation comps

13. Maintain a strong financial analysis foundation creating forecasts and models

Proficiency with Microsoft Excel is mentioned in virtually any financial analyst job description; familiarity with data query/data management tools is extremely helpful (Access, SQL, Business Objects)

C. Basic Qualifications

BA, BS, or B.Com degree required (Bachelor's Degree in Accounting/Finance/Economic)

3+ years of business finance or other relevant experience

High proficiency in financial modeling techniques

Strong fluency with Excel formulas and functions

Strong analytical and data gathering skills

Good business acumen

D. Preferred Qualifications

5+ years of healthcare business finance or other relevant experience

MBAs are preferred

Finance, Accounting, Economics, or Statistics are preferred major fields

Proven work experience in a healthcare

FMVA or similar designations preferred

Strong quantitative and analytical competency

Advanced knowledge of Excel

E. Personality and Interpersonal Skills

1. Ability to streamline functions and passion to learn and grow

2. Strong interpersonal skills, including written and oral communication skills

3. Comfort dealing with ambiguity and the ability to work independently

4. Experience working with, and presenting to, senior executives

5. Excellent communication and presentation skills; be comfortable interacting with executive-level management

6. Strong financial modeling experience

*F. Work structure and environment *

The financial analyst will be reporting directly to the chief of strategic business development

He / She will work in an office environment and is required to fulfill 48 working hours per week

Whenever needed by the business he/she will put extra hours to finish the tasks in hand

He might also be asked to complete and grow financial performance through analysis of financial results, forecasts, variances, and trends of the hospital

Create recommendations to be presented to management and executives

Develop financial models to support valuation, planning, and forecasting

Aid in the capital budgeting and expenditure planning processes

Conduct comparable analysis and market research to support internal financial analysis

Maintain up-to-date technical knowledge of financial instruments, market conditions, and trends.

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