120 Financial Analyst jobs in Saudi Arabia
Financial Analyst
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At ITT, we have a clear purpose as an organization – to provide our customers with cutting-edge solutions to help solve their most critical needs across key global end markets. Our continuous improvement mindset drives our commitment to evolving our capabilities as a multi-industrial technology, manufacturing and engineering leader. With a strong global footprint of more than 100 facilities, we are well positioned to solve critical challenges for our customers around the world. Our locations include manufacturing facilities and global service capabilities in 35 countries. Through these worldwide operations and building on our heritage of innovation, our approximately :11,000 team members partner with our customers to deliver enduring solutions that make a lasting difference and help the world move forward. ITT is headquartered in Stamford, CT, with sales in approximately 125 countries. The company generated 2024 revenues of $3.6 billion.
- Motion Technologies: (Revenue of $.4B; headcount of : 4,000; operates in 13 countries) manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation markets.
- Industrial Process: (Revenue of 1.4B; headcount of :3,400; operates in 30 countries) manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts.
- Connect and Control Technologies: (Revenue of 0.8B; headcount of : 3,800; operates in 10 countries) manufactures harsh-environment connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.
Reporting directly to Financial Controller, the Financial Analyst shall be responsible for all areas relating to financial and Management Accounts at the facility.
Essential Responsibilities
- Oversee day-to-day bookkeeping functions of the operations, including the preparation of local statutory accounts.
- Maintenance of a clean set of balance sheet supporting records (called the ownership book), detailing every item on the Balance Sheets. The ownership book to be updated on a monthly basis.
- Supervision of the reconciliation of all bank accounts and inter-company accounts every month end and to initiate the adjusting entries where appropriate.
- Timely submission of all monthly financial reports as well as ad-hoc reports required by corporate headquarters, or as directed.
- Inventory and Work In Progress. Ensure that the cost build-up of on-going jobs reviewed regularly and to highlight to Controller & General Manager any potential overrun of job costs against the budgeted estimates.
- Organizing and overseeing fixed assets physical verifications and well as the custody of inventory.
- Ensuring that warranty reserves as well as excess and obsolescence reserves are adequate and made in accordance with ITT policy.
- Preparation of the annual strategic plans and budget as well and regular updates of forecasts and cash flows or any other reports besides the monthly Balance Sheet and Profit and Loss statements, or as directed
- Credit approval and control and debt collection, ensuring that Bad Debt reserves made in accordance with ITT policy.
- Responsible for the documenting, updating and maintenance of hard and soft copies of all financial control narratives, flowcharts and Sarbanes Oxley Act (SOA) Control templates, including the uploading of most up to date SOA documentation onto the ITT Intranet.
- Maintaining standard costing records.
- Cost and Management Reports.
- Submission of monthly commentary on the state of the business and performance of the unit each month end.
- Billing to the customers according to the VAT requirement and passing the same to the concerned persons for dispatch and proper accounting.
- Supervise review supplier invoices and other invoices with the PO and GRN.
- Oversee due dates for supplier and service providers invoices and issuance of the payment to them on timely basis.
- Maintenance of statistical report showing the monthly payment details for all the recurring payments like telephone, rent etc.
- Ensure accuracy and reliability of SOARS data
- Preparation of the annual strategic plans and budget as well and regular updates of forecasts and cash flows or any other reports besides the monthly Balance Sheet and Profit and Loss statements, or as directed.
- Preparation of MIS reports.
- Preparation and submission or various statutory reports as per the requirement.
Education:
Bachelor’s degree (or local equivalent) in Finance & Accounting or Economics. An advanced degree preferred.
Experience:
Minimum 10 years’ experience in finance/cost accounting preferably with a multinational manufacturing company
Other Skills/Knowledge/Experience:
Excellent Computer literacy (MS Office, profound knowledge of Excel, One Stream, SAP & Power BI exposure would be considered an asset)
Knowledge of US GAAP and/or IFRS would be considered an asset
The incumbent must have a good command of English language. A second language (Arabic) would be a plus.
Excellent Skills In Financial Analysis, Analytical Experience, Problem Solving.
Strong organizational skills.
PC skills including spreadsheet, presentation software and word processing are necessary.
Resistance to pressure & tolerance to tight deadlines
CORE COMPETENCIES = Our Principles in Action
Excellent communication skills – written and verbal.
Strong work ethic
Excellent analytical skills
Outstanding leadership and presentation skills
Global perspective
Initiative and good independent judgment #J-18808-Ljbffr
Financial Analyst
Posted 2 days ago
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Baazeem Trading Company is a key player in the FMCG distribution industry in the Kingdom of Saudi Arabia. Established in 1978, we provide high-quality consumer goods across KSA, the Middle East, and the GCC. Our commitment to continual improvement in our production and management systems is promoted by top management to all stakeholders, both internal and external.
This is a full-time on-site role for a Financial Analyst located in Riyadh. The Financial Analyst will be responsible for financial planning, analyzing financial data, preparing financial statements, and creating financial reports. Daily tasks will include gathering and analyzing financial data, compiling accurate financial statements, and supporting decision-making processes with detailed financial reports.
- Financial Planning and Finance skills
- Analytical Skills and the ability to interpret financial data
- Experience in preparing Financial Statements
- Proficiency in Financial Reporting
- Excellent written and verbal communication skills
- Strong attention to detail and accuracy
- Bachelor's degree in Finance, Accounting, or a related field
- Experience in the FMCG industry is a plus
Financial Analyst
Posted 2 days ago
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About the Role:
We are seeking a sharp and analytical Financial Analyst to join our finance team. In this role, you will be responsible for analyzing financial data, building reports, and supporting strategic decision-making. You will play a key role in budgeting, forecasting, and financial planning activities to help drive business performance and growth.
Key Responsibilities:
- Analyze financial performance and prepare regular management reports.
- Support budgeting, forecasting, and variance analysis processes.
- Develop financial models to support business planning and investment decisions.
- Monitor key performance indicators (KPIs) and provide actionable insights.
- Prepare and present monthly, quarterly, and annual financial reports.
- Collaborate with cross-functional teams to collect and interpret financial data.
- Assist in cost analysis, margin reviews, and profitability tracking.
- Ensure accuracy of financial data and compliance with internal policies.
- Identify trends, risks, and opportunities to support strategic planning.
- Contribute to process improvements and automation initiatives.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or a related field.
- 2–3 years of experience in financial analysis, FP&A, or related finance roles.
- Strong analytical and problem-solving skills.
- Solid understanding of financial statements and accounting principles.
- Experience with ERP systems; advanced Excel skills required.
- Strong attention to detail with excellent organizational abilities.
- Effective communication and presentation skills.
- Knowledge of Power BI or data visualization tools is a plus.
Financial Analyst
Posted 4 days ago
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Job Summary:
The Accounting & Financial Analyst is responsible for supporting both accounting and financial analysis functions, including general ledger maintenance, financial reporting, accounts payable and receivable, budgeting, and financial planning. The role ensures accuracy in financial records, assists in cash management, conducts financial analysis, and supports valuation exercises, all while adhering to company policies and compliance requirements.
Key Responsibilities:
1. Financial Accounting & Bookkeeping
· Maintain general ledger records, ensuring transactions are accurately recorded and aligned with company policies and accounting standards.
· Assist in month-end and year-end closing processes, including account reconciliations and journal entries.
· Support the preparation of financial statements, such as balance sheets, income statements, and cash flow reports.
· Participate in fixed asset tracking, ensuring proper classification and depreciation schedules.
· Assist in maintaining internal controls, ensuring compliance with financial policies and regulations.
2. Accounts Payable & Receivable
· Process vendor invoices, employee reimbursements, and other payments, ensuring proper approvals and documentation.
· Assist in managing accounts receivable, tracking outstanding balances, and following up on collections.
· Prepare aging reports, highlighting overdue payments for necessary follow-ups.
3. Budgeting & Financial Planning
· Support the preparation of annual budgets and quarterly forecasts, working closely with finance teams to ensure accuracy.
· Assist in monitoring budget vs. actual performance, identifying variances, and providing basic financial insights.
· Help in compiling financial stewardship reports for internal use and reporting to stakeholders.
4. Banking & Cash Management
· Monitor daily cash balances and assist in preparing cash flow reports.
· Help prepare cash call requests and coordinate with banks to obtain bank statements and resolve any discrepancies.
· Assist in bank reconciliations, ensuring alignment between company records and bank transactions.
5. Financial Analysis & Reporting
· Support financial analysis tasks, including cost variance analysis and profitability assessments.
· Assist in the preparation of key performance indicators (KPIs) and financial dashboards.
· Conduct basic financial modeling and scenario analysis to support decision-making.
· Assist in preparing reports on business performance, providing insights to management.
6. Investment & Valuation Support
· Support the preparation of valuation exercises for portfolio companies, assisting in financial due diligence.
· Assist in conducting comparative financial analysis to support investment decision-making.
· Help in reviewing financial statements of investee companies and flagging potential risks.
7. Compliance & Audit Support
· Assist in internal and external audits, preparing necessary documentation and responding to audit queries.
· Ensure financial records are properly maintained and stored for compliance purposes.
· Support compliance with VAT, withholding tax, Zakat, and other regulatory requirements.
8. Policies, Systems & Process Improvements
· Follow company accounting and financial policies, ensuring compliance with internal controls.
· Suggest process improvements to enhance efficiency in financial operations.
· Assist in the implementation of new financial systems and automation tools to streamline accounting and reporting tasks.
Qualifications and general competencies:
· Bachelor’s degree in Accounting, Finance, or a related field.
· 1-3 years of experience in accounting, finance, or financial analysis.
· Basic knowledge of accounting principles, financial analysis, and reporting standards.
· Strong proficiency in Microsoft Excel and accounting software.
· Ability to perform financial reconciliations and basic financial modeling.
· Strong communication skills, both written and verbal, with the ability to convey financial information clearly to stakeholders.
· Excellent attention to detail and accuracy in financial reporting.
· Ability to work independently and collaborate with teams.
· Good problem-solving and analytical skills to support financial decision-making.
· Basic understanding of investment valuation and financial statement analysis is a plus.
· Partial or full pursuit of SOCPA, CPA, ACCA, CMA, or CFA certification is preferred but not required.
Working Conditions:
The Accounting & Financial Analyst will work in a structured and fast-paced environment, handling both accounting and financial analysis responsibilities. The role may require extended hours during peak financial periods, such as audits, budget cycles, and reporting deadlines.
#J-18808-LjbffrFinancial Analyst
Posted 9 days ago
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The ideal candidate will be responsible for using their analytical mindset to analyze and interpret financial data, then relating it to potential business trends and issues. This candidate will feel comfortable using insights they have discovered to communicate important themes and discoveries to company leadership.
Responsibilities
- Analyze current and past financial data and performance to make recommendations on profit enhancement
- Consistently analyze financial information based on both routine and ad-hoc reports
- Interpret financial data to recognize changing trends, patterns, and their meaning related to key performance indicators
- Communicate financial insights suggesting business issues to management
- Extensive knowledge of feasibility studies, including market analysis, financial projections, and risk assessment
- Proficient in preparing and evaluating feasibility studies for diverse projects
Qualifications
- Bachelor's degree in Accounting, Economics, or Finance or equivalent experience
- 5 years' financial analysis and modeling experience
- Advanced knowledge of Excel
- Seniority level Mid-Senior level
- Employment type Full-time
- Job function Analyst
- Industries Real Estate and Financial Services
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Get notified about new Financial Analyst jobs in Riyadh, Saudi Arabia .
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#J-18808-LjbffrFinancial Analyst
Posted 9 days ago
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Join to apply for the Financial Analyst role at Burjline Builders
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The ideal candidate will be responsible for using their analytical mindset to analyze and interpret financial data, then relating it to potential business trends and issues. This candidate will feel comfortable using insights they have discovered to communicate important themes and discoveries to company leadership.
Responsibilities
- Analyze current and past financial data and performance to make recommendations on profit enhancement
- Consistently analyze financial information based on both routine and ad-hoc reports
- Interpret financial data to recognize changing trends, patterns, and their meaning related to key performance indicators
- Communicate financial insights suggesting business issues to management
- Extensive knowledge of feasibility studies, including market analysis, financial projections, and risk assessment
- Proficient in preparing and evaluating feasibility studies for diverse projects
- Bachelor's degree in Accounting, Economics, or Finance or equivalent experience
- 5 years' financial analysis and modeling experience
- Advanced knowledge of Excel
- Seniority level Mid-Senior level
- Employment type Full-time
- Job function Finance and Sales
- Industries Construction
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#J-18808-LjbffrFinancial Analyst
Posted 9 days ago
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Direct message the job poster from Abunayyan Holding
Talent Acquisition | Recruiting | Employer Branding | Freelance Recruiter | Diversity | Executive Recruitment | Manpower PlanningAbunayyan Holding is a leading Saudi Arabian conglomerate with a diverse portfolio spanning multiple sectors, including water, energy, and telecommunications. Established in 1955, the company is committed to innovation and excellence, providing sustainable solutions that meet the needs of its customers and contribute to the development of the Kingdom. With a strong emphasis on quality and efficiency, Abunayyan Holding plays a crucial role in shaping the future of various industries in Saudi Arabia and beyond.
Job Summary:
The Project Financial Analyst will oversee financial tracking, analysis, and reporting for Oil & Gas (O&G), Power Sector, and EPC projects, ensuring compliance with contract terms and optimizing profitability. The ideal candidate will have 5+ years of direct experience in project accounting, cost control, and SAP SD/PS modules, with a deep understanding of EPC contract structures and financial risk management.
Responsibilities:
- Lead financial planning, budgeting, and forecasting for large-scale O&G/Power/EPC projects.
- Ensure accurate revenue recognition, cost allocation, and billing per contract terms.
- Analyze project P&L, cash flow, and variances, providing actionable insights to stakeholders.
- Manage SAP SD & PS modules for project accounting, invoicing, and reporting.
- Oversee compliance with internal controls and external audits.
- Collaborate with project managers to track milestones, change orders, and risk mitigation.
- Prepare executive-level financial reports and KPIs.
Qualifications:
- 5+ years of experience in project finance/accounting, with at least 3+ years in O&G/Power/EPC sectors.
- Advanced proficiency in SAP SD & PS modules.
- Expertise in EPC contract financials (lump-sum, time-and-materials, milestone billing).
- Strong background in cost control, revenue recognition (IFRS/GAAP), and risk analysis.
- Advanced Excel (Power Query, macros) and data visualization (Power BI, Tableau).
- Bachelor’s degree in Finance, Accounting.
- Competitive salary and comprehensive benefits package
- Opportunities for professional development and career advancement
- Collaborative and innovative work environment
- Seniority level Mid-Senior level
- Employment type Full-time
- Job function Analyst, Accounting/Auditing, and Finance
- Industries Oil and Gas and Manufacturing
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Financial Analyst
Posted 11 days ago
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Join to apply for the Financial Analyst role at Esri
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Overview
This position provides a unique opportunity to work in a dynamic financial environment, leveraging data-driven insights to support business decision-making. The Financial Analyst will play a key role in evaluating business performance, collaborating with stakeholders across departments, and contributing to financial planning and reporting processes.
Overview
This position provides a unique opportunity to work in a dynamic financial environment, leveraging data-driven insights to support business decision-making. The Financial Analyst will play a key role in evaluating business performance, collaborating with stakeholders across departments, and contributing to financial planning and reporting processes.
Key responsibilities include analyzing financial data to provide strategic insights, supporting budget management, and ensuring financial compliance across regional offices. Additionally, the analyst will work closely with corporate and regional teams to align financial strategies, optimize cost structures, and enhance reporting efficiency.
Responsibilities
- Develop and enhance financial models for reporting, reviewing results, and forecasting
- Prepare and present analyses, findings, and executive reports, including strategic reviews for senior executives
- Extract data from various sources and perform in-depth financial analysis to provide actionable insight
- Collaborate with cross-functional teams, including corporate finance and regional offices, to ensure financial data accuracy and support decision-making
- Develop and maintain a structured budget tracking process, ensuring compliance with corporate guidelines and proactively identifying anomalies
- Conduct financial assessments for regional entities, including performance reviews, ratio analysis, acquisition evaluations, and annual financial reviews
- Support financial reporting and analysis by identifying key performance trends and operational efficiencies
- 2+ years of relevant experience in financial planning and analysis
- Strong analytical skills with the ability to interpret complex financial data
- Excellent interpersonal skills, including diplomacy, negotiation, reasoning, and problem-solving
- Proven ability to develop and present executive-level reports and data visualizations
- Exceptional organizational skills and attention to detail
- High level of discretion and judgment in handling confidential information
- Ability to build and maintain strong cross-functional relationships
- Proficiency in financial modeling, data analysis, and scenario forecasting using Excel (such as pivot tables, Power Query, dashboard creation, or financial automation tools)
- Professional command of English and Arabic, both written and verbal
- Bachelor's degree in finance, accounting, or a related field
- Experience working with SAP or other enterprise financial systems
- Familiarity with analytical reporting tools such as Power BI
- Understanding of SQL and relational databases
- Experience with budgeting and planning methodologies and tools
- Master’s degree in finance, accounting, or a related field
- CFA or CPA/SOCPA certification is a plus
At Esri, diversity is more than just a word on a map. When employees of different experiences, perspectives, backgrounds, and cultures come together, we are more innovative and ultimately a better place to work. We believe in having a diverse workforce that is unified under our mission of creating positive global change. We understand that diversity, equity, and inclusion is not a destination but an ongoing process. We are committed to the continuation of learning, growing, and changing our workplace so every employee can contribute to their life’s best work. Our commitment to these principles extends to the global communities we serve by creating positive change with GIS technology. For more information on Esri’s Racial Equity and Social Justice initiatives, please visit our website here.
If you don’t meet all of the preferred qualifications for this position, we encourage you to still apply!
Esri is an equal opportunity employer (EOE) and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law. If you need reasonable accommodation for any part of the employment process, please email and let us know the nature of your request and your contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this e-mail address.
Esri Privacy Esri takes our responsibility to protect your privacy seriously. We are committed to respecting your privacy by providing transparency in how we acquire and use your information, giving you control of your information and preferences, and holding ourselves to the highest national and international standards, including CCPA and GDPR compliance.
Requisition ID: 2025-2066
Seniority level
- Seniority level Not Applicable
- Employment type Full-time
- Job function Finance and Sales
- Industries Software Development, IT Services and IT Consulting, and Technology, Information and Internet
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#J-18808-LjbffrFinancial Analyst
Posted 12 days ago
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Join to apply for the Financial Analyst role at NTT DATA, Inc.
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Make an impact with NTT DATA
Join a company that is pushing the boundaries of what is possible. We are renowned for our technical excellence and leading innovations, and for making a difference to our clients and society. Our workplace embraces diversity and inclusion – it’s a place where you can grow, belong and thrive.
Make an impact with NTT DATA
Join a company that is pushing the boundaries of what is possible. We are renowned for our technical excellence and leading innovations, and for making a difference to our clients and society. Our workplace embraces diversity and inclusion – it’s a place where you can grow, belong and thrive.
The Financial Analyst is a seasoned subject matter expert, responsible for gathering and analyzing financial data to facilitate decision-making and provides guidance to business stakeholders within the business.
This role makes financial recommendations based on the data they have gathered and analyzed, which includes information regarding past company performance against set metrics and cost management.
Key Responsibilities:
- Extracts data from financial reports to conduct financial and statistical analysis and identifies financial discrepancies and recommends appropriate solutions.
- Contributes to the monitoring and controlling of expenditure by approving or denying requisitions based on whether the items are within budget.
- Prepares a variety of financial reports based on the analysis results.
- Conducts presentations related to findings and provides recommendations to the relevant internal stakeholders.
- Researches and analyzes costs of projects, departments, and future ventures to provide information and insights about expenses and determine profitability margins.
- Reconciles and reviews monthly account analysis for balance sheet accounts.
- Ensures budget and forecast variances are analyzed and recommendations are made to correct or improve company performance.
- Assists with input into the annual budgeting and forecasting process.
- Ensures key pieces of analysis are performed on areas of risk or opportunity within the business and that the financial levers are understood and communicated to the business together with clear recommendations.
- Continuously reviews business initiatives to ensure that they meet the required profitability expectations.
- Identifies cost management opportunities (processes or expenses) for ensuring improved profitability and sustainable returns for the business.
- Performs any other relevant task as assigned by the management team.
- Demonstrates excellent attention to detail and maintains high quality of work.
- Excellent verbal and written communication skill.
- Display excellent planning and organizing ability.
- Deadline driven with ability to cope with stressful situations.
- Able to deal with different individuals at all levels in the organization.
- Takes own initiative and have a solutions-orientated approach.
- Proactive approach with the ability to think ahead in a fast-paced environment.
- Seasoned analytical skills, and an ability to understand underlying business drivers and provide actionable insights based on analysis.
- Seasoned knowledge and prior exposure to international entities, foreign currency and inter-company transactions.
- Bachelor's degree or equivalent finance, economics, business management, statistics, or related field is preferred.
- Relevant financial analysis certification(s) preferred.
- Seasoned experience in a similar position in a related environment.
- Seasoned experience with accounting software.
- Seasoned experience within finance in a company with international operations.
On-site Working
About NTT DATA
NTT DATA is a $30+ billion trusted global innovator of business and technology services. We serve 75% of the Fortune Global 100 and are committed to helping clients innovate, optimize and transform for long-term success. We invest over $3.6 billion each year in R&D to help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have diverse experts in more than 50 countries and a robust partner ecosystem of established and start-up companies. Our services include business and technology consulting, data and artificial intelligence, industry solutions, as well as the development, implementation and management of applications, infrastructure, and connectivity. We are also one of the leading providers of digital and AI infrastructure in the world. NTT DATA is part of NTT Group and headquartered in Tokyo.
Equal Opportunity Employer
NTT DATA is proud to be an Equal Opportunity Employer with a global culture that embraces diversity. We are committed to providing an environment free of unfair discrimination and harassment. We do not discriminate based on age, race, colour, gender, sexual orientation, religion, nationality, disability, pregnancy, marital status, veteran status, or any other protected category. Join our growing global team and accelerate your career with us. Apply today. Seniority level
- Seniority level Mid-Senior level
- Employment type Full-time
- Job function Finance and Sales
- Industries IT Services and IT Consulting
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Get notified about new Financial Analyst jobs in Riyadh, Riyadh, Saudi Arabia .
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#J-18808-LjbffrFinancial Analyst
Posted 16 days ago
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Provide financial analysis, forecasting, reporting of the Institute’s activities as well as new Business Opportunities. Identify opportunities for performance improvement across the Institute. Contribute to the Periodical financial reports of the Institute.
Key AccountabilitiesFinance and Business Management:
- Carry out timely and accurate reconciliations of the financial transactions, identifying conflicts and resolving them.
- Contribute to improving the business processes and proposing effective internal controls.
- Support in processing the Institute payments to the vendors, suppliers, consultants, and service providers and maintain accurate accounts of the same.
- Coordinate with all partners, donors, and sponsors to maintain accurate records of contributions and report periodically.
- Contribute to monitoring activities progress by tracking these activities; resolving problems; producing progress reports; recommending actions.
Financial Analysis & Reporting:
- Prepare the regular financial and business reports for the review of the Management.
- Prepare and submit periodic Financial Reports, on the status of revenues generated, funds raised, earnings realized, and expenses incurred.
- Provide financial analysis, forecasting, reporting of the Institute’s activities as well as new Business Opportunities.
- Identify opportunities for performance improvement across the Institute.
- Develop financial models that help with decision-making.
- Create informative, actionable, and repeatable reporting that highlights relevant business trends and opportunities for improvement.
- Contribute to the development and enhancement of Reporting procedures and incorporate the changes in the business processes and internal controls.
- Comply with the Institute rules and regulations from a financial perspective.
- Bachelor’s degree in Accounting, Finance, Business Administration, or related field is required.
- Minimum 3 years’ experience in Finance, Accounting, or related field.
- Financial Management
- Financial Reporting
- Analytical Thinking
French - Preferred
About Application ProcessIf you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application, you would need the following document(s):
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