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Financial Analyst

2 weeks ago

Dammam, Eastern Province, Saudi Arabia Raqtan Full time 60,000 - 120,000 per year

Job Summary:

Own the numbers that matter. As our Financial Analyst, you'll ensure healthy cash flow through disciplined Account Receivable management while providing the gross profit analysis and forecasting that guides executive strategy. You'll work cross-functionally with sales and operations, turning financial data into clear recommendations that impact the bottom line.

Who Are We:

Raqtan provides comprehensive commercial kitchen solutions for both hotel projects and F&B outlets across the hospitality sector. Our scope of work encompasses detailed consultation, custom kitchen design, and full engineering services. We specialize in the supply and installation of complete commercial kitchen equipment packages, including cold-rooms, water filtration systems, and custom stainless-steel fabrications. Our technical team handles all aspects of installation, testing, and commissioning of commercial kitchen equipment to ensure optimal performance. With end-to-end project management capabilities, we deliver turnkey commercial kitchen solutions that meet the exacting standards of high-end hospitality establishments, handling everything from initial planning through final implementation

Responsibilities:

Accounts Receivable Management

  • Manage the complete AR cycle: invoicing, collections, reconciliations, and credit control
  • Monitor ageing reports and maintain overdue balances within approved limits
  • Coordinate with customers and sales teams to resolve outstanding payments

Financial Analysis & Reporting

  • Prepare monthly gross profit analysis and identify margin improvement opportunities
  • Lead weekly GP review meetings with business units
  • Develop sales performance reports, commission calculations, collection forecasts, and KPI dashboards

Financial Planning Support

  • Support budgeting, forecasting, and monthly close processes
  • Analyze cost trends and provide data-driven recommendations to management
  • Monitor business KPIs and track progress against targets

Systems & Process Management

  • Resolve ERP errors related to receivables and sales orders
  • Develop custom reports to improve financial visibility
  • Ensure accuracy and compliance in all AR transactions

Qualifications

  • 3-5 years in accounting/finance with strong Accounts Receivable experience
  • Data Presentation & Visualization: Proven ability to translate complex financial analysis into clear, impactful visual summaries (charts, dashboards) for executive audiences
  • Proficiency in MS Dynamics 365 (or similar ERP)
  • Advanced Excel skills (Pivot Tables, VLOOKUP)
  • Strong financial analysis and Gross Profit (GP) reporting capabilities
  • Excellent communication in English and Arabic
  • Knowledge of IFRS and accounting principles

What We're Looking For:

We need someone who combines technical precision with business curiosity. You don't just process numbers—you ask "why" and "what does this mean for the business?" You're comfortable working cross-functionally, can translate financial data into insights, and take ownership of your work while collaborating effectively with the team.

This role offers genuine growth potential within our finance function as we continue expanding our operations.