79 Financial Analyst jobs in Saudi Arabia

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.

Continue to make an impact with a company that is pushing the boundaries of what is possible. At NTT DATA, we are renowned for our technical excellence, leading innovations, and making a difference for our clients and society. Our workplace embraces diversity and inclusion – it’s a place where you can continue to grow, belong, and thrive.

Your career here is about believing in yourself and seizing new opportunities and challenges. It’s about expanding your skills and expertise in your current role and preparing yourself for future advancements. That’s why we encourage you to take every opportunity to further your career within our great global team.

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What you'll be doing

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.

Knowledge and Attributes:

• 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.

Academic Qualifications and Certifications:

• Bachelor's degree or equivalent finance, economics, business management, statistics, or related field is preferred.
• Relevant financial analysis certification(s) preferred.

Required Experience:

• 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.

Workplace type:

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. Accelerate your career with us. Apply today

The Financial Analyst plays a critical role in driving strategic and operational decision-making through advanced financial analysis, business modeling, and budgeting expertise. With 10+ years of experience, the incumbent will design, implement, and monitor comprehensive financial frameworks that enhance visibility, control, and performance across the organization. The role demands strong analytical skills, the ability to build budgets and models from the ground up, and deep financial acumen to support growth initiatives.

• Develop and manage budgets from scratch, ensuring alignment with strategic objectives.
• Lead annual budgeting, forecasting, and rolling re-forecasting cycles.
• Design, implement, and maintain financial models for scenario planning and decision support.
• Build comprehensive business models to assess new verticals, carve-out projects, and investment opportunities.
• Conduct sensitivity and scenario analysis to evaluate financial outcomes and risks.
• Provide CFO and leadership with actionable insights on capital allocation, cost efficiency, and growth strategy.
• Deliver accurate monthly, quarterly, and annual reports with variance analysis and management commentary.
• Develop dashboards and KPIs to track financial and operational performance.
• Support executive and board-level reporting, including investments readiness documentation.
• Drive ERP optimization (Odoo preferred) to improve reporting accuracy, cost center tracking, and inventory management.
• Collaborate with IT and operations to automate reporting and improve data integrity.
• Ensure financial processes adhere to IFRS and related regulations.

• Bachelor’s degree in accounting, finance, or related field
• 10+ years of progressive financial analysis and FP&A experience, preferably in diversified or fast-growing sectors.
• Proven experience in building budgets and financial frameworks from scratch.
• Strong track record in business modeling, investment analysis, and scenario planning.
• Solid knowledge of IFRS and regulatory requirements
• Advanced Excel, Power BI, and financial modeling skills.
• Experience with ERP systems; Odoo ERP experience is an advantage.
• Strong English and Arabic communication skills.

• Mid-Senior level

• Full-time

• Finance, Accounting/Auditing, and Analyst

• Technology, Information and Internet
• Food and Beverage Services

• Location Alkhobar/Kingdom of Saudia Arabia
• Terms Full-Time

We are seeking a proactive "Financial Analyst" to join our dynamic team. Financial analysts will analyze financial statements to evaluate investment opportunities. Create financial modeling for investors to find profitable investments. Recommend individual investments and collections of investments

1. Reports to Chief Development Officer
2. Leading all activities in financial and legal workstream to achieve financial close.
3. Present weekly updates to Sr. Management and apprising them of risks involved.
4. Monitor timelines and ensure they are adhered to agreed timelines.
5. Manage transaction advisors deliverables in line with the agreed scope of work.
6. Ensure project delivery on agreed timeline.
7. Update and build scenarios on financial models.
8. Prepare templates for raising funds through debt and equity.
9. Assist in dealings and negotiations with banks and project sponsors for debt and equity raise.
10. Prepare and manage annual budgets and forecasts for PPP projects and other business units of the company.
11. Ensure that expenditures are authorized, approved, and supported by adequate documentation.
12. Undertake basic financial analysis (i.e. budget variance) to support information needs.
13. Assess and structure projects/bids to maximize the potential for commercial financing and catalyzing additional sources of capital.
14. Providing insights on projects, reports, agreements, and other project documents related to PPP projects.
15. Lead in project negotiations with the Client, and other third-party contractors and subcontractors.
16. Review legal documentation for projects.
17. Maintenance of timesheets.
18. Review of financial documents.
19. Understanding financial model, creating scenarios for investors, analysis of IRR and cash flows of the project.
20. Being involved in financing workstream of projects and working towards achieving lower rate of interest.
21. Supporting higher management in efforts to get EBL facility.
22. Handle insurance workstream of the project along with seniors.

1. PPP modelling experience required.
2. Project finance related financial modelling experience required.
3. Ability to review and negotiate financing term sheets.
4. Understanding of financial statements and key accounting principles.
5. Ability to build financial model from scratch.
6. Understanding of the process to take project from Bid award to financial close.
7. Understanding of different debt terms (balloon, bullet, amortizing, soft mini-perm).

1. Bachelors degree in similar field.
2. 3+ years of experience in similar field.

Overview

The Financial Analyst supports the organization’s financial planning, analysis, and reporting activities. This role is responsible for analyzing financial data, preparing reports, and providing insights to support business decisions. The Financial Analyst collaborates with various departments to ensure accurate forecasting, budgeting, and performance tracking.

• Budgeting and Forecasting: Facilitate the Finance Manager in budgeting, forecasting, and financial planning processes across the organization. Develop and maintain financial models to support forecasting, scenario planning, and decision-making. Conduct variance analysis to compare actual performance against budgets and forecasts, providing actionable insights and recommendations.
• Strategic Financial Planning: Collaborate with senior leadership to design and implement long-term strategic plans. Evaluate business opportunities through profitability and ROI analysis. Facilitate the Finance Manager in scenario planning to assess potential outcomes of strategic initiatives. Facilitate the Finance Manager in integrating strategic plans into financial forecasting processes.
• Data Analysis and Reporting: Prepare and deliver management reports, including dashboards, KPIs, and financial insights. Identify trends, risks, and opportunities that may impact financial performance. Ensure consistency, accuracy, and integrity in financial data across systems and reports.
• Expected Credit Losses: Ensure compliance with accounting standards (IFRS) and SAMA regulations for Financing Companies for recognizing expected credit losses. Calculate and report ECL figures as part of financial statements. Analyze how ECL impacts financial performance and forecasts. Control receivables staging and maintain company’s ECL to lowest levels.
• Operational Finance and Cost Management: Partner with operations teams to analyze cost structures and identify efficiency opportunities. Monitor and report on operational performance metrics and their financial implications. Develop cost allocation models and provide insights into cost drivers. Support operational decision-making by linking operational metrics to financial outcomes.

• Senioriy level: Associate
• Employment type: Full-time
• Job function: Finance

Overview

We are actively looking for a Financial Analyst to join our Finance team .

• Conduct financial analysis by gathering, interpreting, and evaluating financial data. Analyze financial statements, performance metrics, and key financial indicators to assess the organization's financial health and performance.
• Assist in the budgeting and forecasting processes by providing financial insights and contributing to the development of financial models. Collaborate with department managers to understand budgetary requirements and track actual performance against budget.
• Prepare and present accurate and timely financial reports, including variance analysis, profitability analysis, and financial performance summaries. Create visualizations and presentations to effectively communicate financial information to stakeholders.
• Develop and maintain financial models to support forecasting, scenario analysis, and decision-making. Utilize advanced Excel skills and financial software to create models that evaluate financial outcomes and inform strategic planning.
• Conduct cost analysis by examining cost drivers, cost structures, and cost allocation methodologies. Identify opportunities for cost reduction, process improvement, and efficiency enhancement.

• Financial Modeling experience
• Oracle Application user
• Advanced Excel user
• BI Tools – Power BI & power query
• Excellent user of Microsoft office

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.

Knowledge and Attributes:

• 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.

Academic Qualifications and Certifications:

• Bachelor's degree or equivalent finance, economics, business management, statistics, or related field is preferred.
• Relevant financial analysis certification(s) preferred.

Required Experience:

• 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.

Workplace type :

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.

Knowledge and Attributes:

• 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.

Academic Qualifications and Certifications:

• Bachelor's degree or equivalent finance, economics, business management, statistics, or related field is preferred.
• Relevant financial analysis certification(s) preferred.

Required Experience:

• 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.

Workplace type :

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.

Is innovation part of your DNA? Do you want to enable a connected future for people, organizations, and society?

Join our growing global NTT family and you’ll be part of the world’s largest ICT company (by revenue). We’ve combined the capabilities of 28 remarkable companies to become one, leading technology services provider. Together, we help our people, clients, and communities do great things with technology to create a more secure and connected future.

We employ 40,000 people across 57 countries. By bringing together the world’s best technology companies and emerging innovators, we work together to deliver sustainable outcomes to businesses and the world. Innovation is part of our DNA. We believe it’s key to what makes us different. So, we strive to move forward, challenge the status quo, and drive excellence through the technologies we integrate and the services we deliver around the world. The result is connected cities, connected factories, connected healthcare, connected agriculture, connected conservation, connected mobility, and connected sport. Together we enable the connected future.

You’ll be joining a global employer that is committed to attracting, growing and keeping the best talent. A place where you will be at the heart of our success!

Provide high quality and timely analytical support to management. Proactively and effectively communicate key issues to management. Design and develop analytical tools to improve data collection and management reporting efforts. Track financial status by monitoring variances from budget and financial plans. Determine financial status by comparing and analyzing plans and forecasts with actual results. Reconcile transactions by comparing and correcting data. Increase productivity by developing automated applications, eliminating duplications, and coordinating information requirements. Provide information to management by collecting and summarizing data, preparing reports, and making presentations of findings, analyses, and recommendations. Communicate information to staff and team members on a regular basis, keeping them up-to-date and soliciting their input on current issues and critical tasks. Accomplish finance and organization mission by completing related results as needed.

Excellent communication and presentation skills. Proven ability to communicate with and present to all levels of management. Strong leadership skills, including coaching and team building. Ability to influence and work effectively in a fast-paced, global, highly-matrixed environment. Strong business acumen and demonstrated proficiency in driving results. Highly motivated with the ability to drive results. Proficient in Access, Excel, PowerPoint, and SAP.

Information Technology and Services - Rawalpindi, Pakistan

Job Purpose:

The Financial Analyst is responsible for managing and executing treasury operations, including sales revenue collection, payments processing, foreign currency transactions, and the arrangement of short- and long-term loans. The role also involves investing cash surplus with financial institutions, preparing and analyzing financial ratios and cash flow, and generating monthly and quarterly treasury reports (e.g., investments, loan exposure, and market insights).

Main Responsibilities:

1. Monitor the collection of sales into company revenue accounts.
2. Execute payments to local and overseas suppliers and employees; manage foreign currency transactions.
3. Prepare the companys monthly cash flow requirements.
4. Invest cash surplus in various instruments.
5. Evaluate and select appropriate financing instruments.
6. Arrange short- and long-term loans at optimal cost and terms.
7. Determine monthly financing needs for operations.
8. Issue and amend Letters of Credit (LCs) and Letters of Guarantee (LGs).
9. Record entries for loans, investments, and FX transactions.
10. Resolve payment rejections with financial institutions.
11. Analyze working capital and financial ratios.
12. Assist with monthly and yearly book closings.
13. Prepare investment, exposure, guarantees, and loan reports (monthly/quarterly/yearly).
14. Prepare reports on bank charges and other income.
15. Submit financial reports to management, shareholders, and lenders.
16. Monitor capital project progress.
17. Prepare loan covenants and KYC requirements.
18. Manage KYC requirements for financial institution onboarding.
19. Support other departments with treasury-related data.
20. Prepare monthly treasury accruals.
21. Update and manage authorized signatories in line with organizational changes.
22. Respond to government and external auditor inquiries.
23. Ensure compliance with company policies, regulations, and safety procedures.
24. Manage requirements related to cash sweep operations.
25. Support hedging strategy evaluation and arrangements.
26. Ensure timely payments of withholding tax, GOSI, and other government dues.
27. Process SADAD payments promptly.
28. Perform any additional duties as assigned by the supervisor/manager.

Skills

Education & Qualifications:

• Required: Bachelors degree in Finance, Accounting, Business Administration, or related field
• Preferred: Masters in Business Administration (MBA) or professional certifications (e.g., CFA, CPA)

Preferred Skills & Competencies:

• Solid knowledge of financial risk management tools, techniques, and methodologies
• Understanding of treasury front office operations
• Practical experience in FX trading, interest rate risk management, and commodities trading
• Strong financial risk management acumen