Senior Finance Analyst

Roles and responsibilities

• Financial Reporting:

  • Prepare and analyze financial statements, reports, and forecasts to provide insights into the organization’s financial performance.
  • Ensure accuracy and compliance with accounting standards and regulatory requirements.

• Budgeting and Forecasting:

  • Assist in the development and management of budgets, including variance analysis to identify discrepancies and recommend corrective actions.
  • Conduct financial forecasting to project future revenues, expenses, and cash flow.

• Data Analysis:

  • Analyze financial data to identify trends, patterns, and anomalies that can inform business decisions.
  • Use statistical tools and software to analyze large datasets and generate actionable insights.

• Financial Modeling:

  • Develop financial models to evaluate potential investments, projects, or business scenarios.
  • Conduct scenario analysis to assess the impact of various assumptions on financial outcomes.

• Cost Analysis:

  • Perform cost analyses to identify areas for cost reduction and efficiency improvements.
  • Analyze cost structures and profitability of products, services, or business units.

• Investment Analysis:

  • Evaluate investment opportunities, including mergers and acquisitions, by conducting due diligence and financial assessments.
  • Provide recommendations based on financial metrics and strategic fit.

• Risk Management:

  • Identify financial risks and develop strategies to mitigate them.
  • Monitor key risk indicators and ensure compliance with internal controls.

• Collaboration with Teams:

  • Work closely with cross-functional teams, including operations, marketing, and management, to support financial decision-making.
  • Provide financial insights to support strategic planning and operational initiatives.

• Reporting to Management:

  • Present financial analysis and insights to management and stakeholders, highlighting key findings and recommendations.
  • Prepare detailed reports that facilitate informed decision-making.

• Continuous Improvement:

  • Identify opportunities for improving financial processes and reporting mechanisms.
  • Stay updated on industry trends, best practices, and changes in financial regulations.

• Regulatory Compliance:

  • Ensure compliance with relevant financial regulations and standards, including tax laws and reporting requirements.

• Training and Development:

  • Provide training and support to team members on financial analysis tools, processes, and best practices.

Desired candidate profile

Minimum Qualifications And Knowledge

• Minimum qualification - BCom (3 to 5 years' on the job experience ) with proven experience in managing the credit control, receivables ledger and collection function
• Advanced knowledge of ERP Financial Software is necessary; SAP expertise will be preferred.
  

Minimum Experience

• 3 years’ experience in a high volume commercial and collections environment, dealing with cheques and banks is very essential.
• Proven track record of debt collection
• Previous credit risk management experience would be beneficial
  

Job-Specific Skills

• Previous cash management experience would be beneficial
• Proficiency in MS Office (Word/ Excel/ PowerPoint/MS Projects);
• Ability to work under pressure
• Must be assertive; able to deal with stakeholders at all levels
• knowlege of Arabic advantage would be preferred