12 Financial Analysts jobs in Dammam

The employee will be responsible to look after the financial planning and analyst with below key points and not limited to it:

• Consolidated P&L
• Sub P&Ls
• TB Spending reports, linked with cash flow analysis
• P&L deep dive analysis vs. budget & LY
• Sales performance reports
• Manufacturing Reports and variation analysis
• Allocation reports
• Inventory Reports
• KPIs trackers
• Value Chain costing analysis
• Upload FCCS financials
• quantitative analysis
• what's if & scenarios analysis
• BOD preparation details
• Monthly reports
• etc.

• Minimum bachelor's degree in accounting
• Preferred a certified CMA
• Experience in similarity role with multiple companies

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Description:

Aramco energizes the world economy.

Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

We are seeking an experienced Financial Planning & Performance Management Analyst to join the Finance & Performance Management (F&PM) for Petroleum Engineering & Development (PE&D) under Upstream Finance.

Upstream makes up the vast majority of revenue and has the highest level of capital investments that is coordinated by PE&D, which is managing and developing all Saudi Aramco’s oil and gas fields from the initial planning of new fields to the ongoing monitoring of mature fields including Carbon Capture & Storage projects and Reserves Assessments

These key activities are handled by PE&D supported by specialized Advanced Research Centers (EARC) and a state-of-the-art dedicated Upstream Digital Center (UDC)

Your primary role is to coordinate and prepare Business Plan and Midyear/Year-end Accountability, monthly accountability reporting, performing variance analysis, resolving issues and initiating value add projects.

A successful candidate will be expected to perform the following:

• Conducts and supervises day to day operations within Compliance Unit, including follow-up and reporting on delegated areas and tasks
• Identify areas of importance from a compliance perspective, and inform stakeholders
• Document and communicate main areas and processes
• Develop sustainable follow-up and reporting procedures and systems
• As a Subject Matter Expert SME, you will be involved in discussions and tasks as agreed upon Finance Lead
• Independently prepare information memorandums and proposals
• Implement changes as agreed
• Have a solid understanding of the link between the business and the accounting rules to assess the impacts on Income Statement, Balance Sheet and Cash Flow.

A successful candidate should have the following:

• Degree in business, Finance or a related discipline
• Minimum of 10 years relevant experience is required in the field of accounting, auditing, financial reporting or performance management
• Good knowledge with MS Office products such as Excel, PowerPoint and Word at a minimum, and familiar with ERP systems such as SAP.
• Further knowledge within areas of database applications, data management applications and data communication and presentation tools is a benefit.
• Possession of an advanced business degree (e.g. MBA) and/or relevant professional certification (e.g. CMA, CFA, CPA) is strongly preferred.
• Excellent command of oral & written English

• Great capability of producing quality written reports and presentations to senior-level management

Job posting start date: 07/01/2025

Job posting end date: 12/31/2025

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.

Overview

Job Summary: We are seeking a Financial Planning & Analysis Manager to join our team and help drive financial planning and forecasting activities to support the company's strategic goals. The ideal candidate will be responsible for analyzing financial data, preparing reports, and supporting key decision-making processes.

• Develop and maintain financial models to support budgeting and forecasting processes
• Analyze financial performance and provide insights to senior management
• Prepare monthly, quarterly, and annual financial reports
• Collaborate with various departments to gather financial data and support decision-making
• Identify and implement process improvements to enhance the efficiency of financial planning and analysis activities
• Monitor key performance indicators (KPIs) to track the company's financial health

• A Bachelor’s or master’s degree in finance, Accounting, or a related field is essential
• Professional certifications such as CA, CPA, ACCA, CMA, or CFA are highly desirable
• 8 to 15 years of relevant experience in profitability and performance management, with a focus on financial analysis and decision-making support
• Prior experience in the utilities, power, or energy sectors is highly preferred
• Proven experience in financial planning and analysis, preferably in a managerial role
• Strong analytical skills and proficiency in financial modeling
• Excellent communication and presentation skills
• Ability to work effectively in a fast-paced environment
• Advanced knowledge of Microsoft Excel and financial planning software

Job Summary

We are seeking a Financial Planning & Analysis Manager to join our team and help drive financial planning and forecasting activities to support the company's strategic goals. The ideal candidate will be responsible for analyzing financial data, preparing reports, and supporting key decision-making processes.

• Develop and maintain financial models to support budgeting and forecasting processes
• Analyze financial performance and provide insights to senior management
• Prepare monthly, quarterly, and annual financial reports
• Collaborate with various departments to gather financial data and support decision-making
• Identify and implement process improvements to enhance the efficiency of financial planning and analysis activities
• Monitor key performance indicators (KPIs) to track the company's financial health

• Bachelor’s or master’s degree in finance, accounting, or a related field
• Professional certifications such as CA, CPA, ACCA, CMA, or CFA are highly desirable
• 8 to 15 years of relevant experience in profitability and performance management, with a focus on financial analysis and decision-making support
• Prior experience in the utilities, power, or energy sectors is highly preferred
• Proven experience in financial planning and analysis, preferably in a managerial role
• Strong analytical skills and proficiency in financial modeling
• Excellent communication and presentation skills
• Ability to work effectively in a fast-paced environment
• Advanced knowledge of Microsoft Excel and financial planning software

• Exceptional critical thinking to dissect complex financial data and extract valuable insights
• Problem-solving expertise to identify causes of variances and recommend corrective actions
• Proven ability to lead, inspire, and develop high-performing teams
• Strong mentorship and motivational skills, fostering professional growth and enhancing the team's contributions
• Competence in creating a collaborative work environment to achieve shared objectives
• Strong communication skills to present financial findings effectively to executives and stakeholders
• Experience in cross-departmental collaboration, particularly with Financial Business Partners
• Skilled in negotiating and influencing senior leadership on key initiatives

• 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.

Group Financial Planning & Analysis Manager

Al Khobar, Saudi Arabia

The Financial Analyst provides financial planning, analysis, and decision-support to the CFO and senior leadership. The role consolidates information from subsidiaries, prepares Board-level reports, develops financial models, and ensures structured budgeting and forecasting. The analyst also supports strategic planning, cost management, and digital finance initiatives for Holding Group. A digital leader in Finance driving automation, leading system implementations and use of AI.

Financial Analysis & Reporting

• Consolidate financial information across subsidiaries and produce Board and ExCom reports.
• Perform variance analysis against budgets/forecasts and investigate root causes.
• Conduct ad-hoc analysis to support CFO, ExCom, and Holding Directors.

Systems & Process Leader

• Leverage ERP, consolidation software, and BI tools to drive efficiency in reporting.
• Support implementation of new systems and digital finance initiatives at Holding.
• High focus leveraging systems to drive efficiency into the planning process
• Develop dashboards and reporting templates for management use.

Budgeting & Forecasting

• Lead the preparation of annual budgets and rolling forecasts.
• Execute an organized budget process for Holding-level functions.

Financial Modelling & Strategic Support

• Build and maintain advanced financial models (Excel: pivots, lookups, match, ideally macros).
• Conduct scenario and sensitivity analyses to support decision-making.
• Provide analysis and insights for Holding Directors on forecasts and cost management.
• Assist the CFO in strategic planning and long-term financial outlooks.

Cost Management & Business Partnering

• Monitor Holding-level costs, identify saving opportunities, and recommend optimizations.
• Partner with business leaders to align financial plans with operational needs.
• Support subsidiaries in resolving analysis and reporting issues.

Time & Project Management

• Manage multiple tasks and projects with accuracy and timeliness.
• Ensure deliverables (reports, budgets, forecasts) are completed on schedule.

Internal:

• Chief Financial Officer (CFO)
• Chief Executive Officer (CEO).
• All departments within Holding Group.
• Subsidiary MDs and Finance Directors.
• All department within Subsidiaries.

External:

• Consultants.
• External Auditors.

• Bachelor’s degree in Finance, Accounting, Economics, or related field (Master’s preferred).
• Professional certification (ACCA, ACA, CMA, CPA, or equivalent) desirable.
• 3+ years of financial analysis or FP&A experience; holding company or diversified group experience is a plus.
• Strong financial modelling and advanced Excel skills (pivots, lookups, match, macros).
• Experience with ERP systems, consolidation tools, and BI platforms.
• Strong English language skills (spoken and written).

• Financial modelling, advanced Excel, forecasting, cost management.
• Ability to investigate, reason, and clearly explain findings.
• Skilled in ERP, BI, and financial reporting tools.
• Strong written and verbal skills in English; ability to produce Board-ready reports.
• Strong time and project management, detail-oriented, structured.
• Ability to work with Holding Directors and subsidiaries on forecasts and cost planning.

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.

The Senior Financial Accounting Analyst performs complex Financial Accounting tasks contributing to the Daily/Monthly Financial Accounting and Closing activities to ensure accurate and timely financial reporting in accordance with IFRS and SOCPA guidelines, and supports tax audits and collaboration with other departments to ensure proper compliance with Saudi Tax Laws, while managing cash flow and liquidity.

• Draft the periodical financial statements and actively participate in the JHAH financial statement closing process to ensure timely and accurate accounting management and statutory reporting
• Maintain the General and Subsidiary Ledgers to measure and record JHAH’s assets, liabilities, revenues, costs and expenditures
• Perform internal review of accounting and administrative controls to ensure adequate controls are in place to prevent or detect irregularities related to recognition, measurement, recording and reporting of financial transactions

• Execute timely payment of all JHAH medical-related claims to contracted medical facilities and eligible patients
• Prepare or update JHAH’s financial policies and procedures based on best practices applicable to the healthcare industry
• Define cash management guidelines and principles to secure effective cash management practices, including cash forecasting to ensure appropriate cash position and minimize possible cash shortfall
• Support external and internal audit teams during their regular Review of JHAH operations that involve financial-related compliance and/or governance
• Participate in adhoc JHAH project teams and activities, including but not limited to operational controls, business expansion and planning/feasibility, to achieve given targets

Bachelor’s Degree in Accounting, Finance or equivalent

None

Minimum 6 years' experience (ideally in the Healthcare industry preferred)

English: Fully Proficient; Arabic: Not Required

• Integrity
• Accountability
• Cybersecurity
• Person-Centered Care

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

A leading Talent Acquisition Company in Saudi Arabia is seeking a Lead Financial Analyst based in Saudi Arabia to join our esteemed client. This strategic position plays a crucial role in guiding the financial direction of the organization while ensuring robust analysis and reporting mechanisms are in place. The Lead Financial Analyst will be responsible for leading a team of financial analysts, developing financial models, and delivering insights that drive informed business decisions.

In this role, you will collaborate closely with senior leadership, utilizing your advanced analytical skills to evaluate financial performance, identify growth opportunities, and recommend actions based on data-driven insights. Your expertise will be essential in navigating the financial complexities of the market while adhering to regulatory requirements.

• Lead and manage the financial analysis team to deliver accurate and timely financial evaluations and forecasts.
• Conduct thorough analysis of financial statements to provide insights into performance trends and variances.
• Prepare detailed financial reports and presentations for senior management and external stakeholders.
• Implement financial strategies aligned with business goals, enhancing overall financial performance.
• Ensure compliance with relevant financial regulations and best practices within the industry.
• Mentor and train junior analysts, promoting a culture of continuous improvement and professional growth.
• Work collaboratively across departments to ensure alignment of financial and operational objectives.

• Bachelor's degree in Finance, Economics, or a related field; MBA or professional certification is a plus.
• 15+ years of experience in financial analysis, with at least 2 years in a leadership role.
• Strong command of financial modeling, budgeting, forecasting, and risk analysis.
• Proficient in financial software and advanced Excel skills; familiarity with ERP systems is desirable.
• Excellent presentation and interpersonal skills to convey complex information effectively.
• Strong problem-solving abilities and a results-oriented mindset.
• Experience working in the Saudi Arabian market or understanding of local financial regulations is preferred.