115 Financial Modeling jobs in Saudi Arabia

Grant Thornton Abdulaal Bahrain is hiring on behalf of a leading financial advisory firm based in Dammam, Saudi Arabia.

The firm is seeking a candidate with a strong background in finance or investment banking to support strategic, business, and operational reviews of potential opportunities. The role includes advanced financial modeling (NPV, IRR, DCF, etc.), preparing partner specific financial projections, conducting economic and regulatory analysis, and delivering financial insights to senior management.

• Support the initial strategic, business, and operational review of potential opportunities, providing detailed financial analysis
• Prepare and analyze partner specific financial projections work with team to generate business models for use in growing marketplace
• Advanced quantitative and economic analysis, policy and regulatory research and support, and technical analysis
• Financial modeling using NPV, IRR, DCF/SOTP/Value in Use, etc.
• Develop excellent professional oral and written communication skills to establish working relationships with clients
• Review financial results with Senior Management, support the team to create reporting packages
• Manage the relationship with related business partners and ensures that modeling projects are delivered in a timely manner
• Responsible for model design, development, model implementation, model usage, and model governance requirements
• Conduct scenario analysis based on microeconomic and macroeconomic factors to access business risk
• Evaluate companies using various financial valuation methods.
• Ensure the new models accuracy while enhancing the existing models quality
• Identify key financial and non-financial risks and advise mitigants for those risks
• Conduct scenario and sensitivity analysis
• Analyze and identify data required to support model tracking

• Advanced proficiency in Microsoft Excel required
• Bachelor's degree required in Business, Finance, or a related field
• Demonstrated proficiency performing analyses at the highest levels
• Minimum of 4+ years experience in financial analysis with progressive work history
• Ability to persuade others through disciplined use of data
• Exceptional dexterity with presentation and spreadsheet tool
• Preference will be given to candidates currently based in Saudi Arabia

Grant Thornton Abdulaal Bahrain is hiring on behalf of a leading financial advisory firm based in Dammam, Saudi Arabia . The firm is seeking a candidate with a strong background in finance or investment banking to support strategic, business, and operational reviews of potential opportunities. The role includes advanced financial modeling (NPV, IRR, DCF, etc.), preparing partner specific financial projections, conducting economic and regulatory analysis, and delivering financial insights to senior management.

Roles and responsibilities

• Support the initial strategic, business, and operational review of potential opportunities, providing detailed financial analysis
• Prepare and analyze partner specific financial projections work with team to generate business models for use in growing marketplace
• Advanced quantitative and economic analysis, policy and regulatory research and support, and technical analysis
• Financial modeling using NPV, IRR, DCF/SOTP/Value in Use, etc.
• Develop excellent professional oral and written communication skills to establish working relationships with clients
• Review financial results with Senior Management, support the team to create reporting packages
• Manage the relationship with related business partners and ensures that modeling projects are delivered in a timely manner
• Responsible for model design, development, model implementation, model usage, and model governance requirements
• Conduct scenario analysis based on microeconomic and macroeconomic factors to access business risk
• Evaluate companies using various financial valuation methods.
• Ensure the new models accuracy while enhancing the existing models quality
• Identify key financial and non-financial risks and advise mitigants for those risks
• Conduct scenario and sensitivity analysis
• Analyze and identify data required to support model tracking

Education Qualification and additional skills:

• Advanced proficiency in Microsoft Excel required
• Bachelor's degree required in Business, Finance, or a related field
• Demonstrated proficiency performing analyses at the highest levels
• Minimum of 4+ years experience in financial analysis with progressive work history
• Ability to persuade others through disciplined use of data
• Exceptional dexterity with presentation and spreadsheet tool
• Preference will be given to candidates currently based in Saudi Arabia

Armah Sports is revolutionizing the Saudi fitness market with its new generation of fully integrated "Smart Clubs". Through its two brands, OPTIMO and B_FIT, Armah Sports provides high-end and premium fitness experiences. Our innovative approach caters to a variety of fitness levels and preferences, ensuring an elevated and personalized experience for all members.

Role Description

This is a full-time role for a Financial Planning Analyst. The Financial Planning Analyst will be responsible for financial planning and analysis, budgeting and forecasting, creating financial models, and providing financial insights to support decision-making. This is an on-site role based in the Riyadh Region.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Strong Financial Planning and Financial Modeling skills
• Exceptional Analytical Skills and a solid understanding of Finance
• Experience in Budgeting & Forecasting
• Excellent written and verbal communication skills
• Ability to work independently and collaboratively in a team environment
• Proficiency in financial analysis software and tools
• Experience in the fitness or health industry is a plus

• Seniority level Entry level

• Employment type Full-time

• Job function Finance and Sales

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As a Financial Planning Associate at Riyadh Development Company , you will play a critical role in supporting strategic decision-making through accurate forecasting, financial modeling, and performance analysis. You will collaborate with cross-functional teams to evaluate business opportunities, assess project feasibility, and ensure financial plans align with corporate objectives.

This role requires strong technical expertise in financial modeling, attention to detail, and the ability to interpret complex data into clear, actionable insights. It is ideal for early-career professionals eager to contribute to the financial backbone of a leading publicly listed real estate development company.

• Develop and maintain detailed financial models to support budgeting, forecasting, and scenario analysis.
• Analyze historical financial data and performance trends to inform planning assumptions.
• Prepare financial reports, dashboards, and presentations for senior management and stakeholders.
• Support project feasibility studies by preparing ROI, IRR, NPV, and payback analyses.
• Collaborate with business units to align financial forecasts with operational plans.
• Conduct variance analysis between actuals and forecasts, identifying risks and opportunities.
• Assist in the preparation of annual budgets, quarterly forecasts, and long-term financial plans.
• Monitor key financial KPIs and contribute to strategic planning initiatives.
• Support due diligence and valuation work for potential investments or joint ventures.
• Ensure financial models are compliant with applicable standards and are regularly updated.

• Bachelor’s degree in Finance, Accounting, Economics, or a related field (required)
• CFA Level 1 or 2, CPA, or a related certification (preferred)
• 3–5 years of experience in financial planning, corporate finance, or investment analysis
• Strong proficiency in building dynamic Excel-based financial models from scratch
• Experience with ERP systems and financial planning software is a plus

• Advanced Excel and financial modeling skills
• Strong analytical and quantitative capabilities
• Solid understanding of corporate finance principles and investment metrics
• High attention to detail and accuracy in financial reporting
• Excellent communication and presentation skills
• Ability to work under pressure, manage multiple priorities, and meet deadlines
• Professional integrity and business acumen

At Riyadh Development Company, we are redefining the urban landscape of the Kingdom through strategic real estate and infrastructure projects. As a publicly listed entity aligned with Vision 2030, our financial team plays a crucial role in shaping the company’s growth trajectory. Join a high-impact environment where your financial expertise directly supports city-scale transformation and long-term value creation.

• Associate

• Full-time

• Finance

Get notified about new Financial Planning Associate jobs in Riyadh, Saudi Arabia .

Role Purpose

Assist with planning and perform financial analysis on actual financial performance, budgets and forecasts and maintain financial dashboards and take lead from financial side on GCC business divisions.

Job Accountabilities & Activities

• Support the management team with the annual strategic planning and budgeting processes. This includes establishing assumptions, spreadsheet modeling, consolidation, analysis, and presentation preparation for key stakeholders.
• Responsible for the feasibility and analysis of all functional business activities, ensuring alignment with the company's strategic targets and annual budget.
• Assist in the development of operating and financial plans for GCC, divisions, and/or departments, and report against those plans to help management achieve strategic goals.
• Responsible for analyzing operating expenses to identify cost-saving opportunities and ensure spending aligns with the approved budget.
• Responsible for the design, development, deployment, and maintenance of all internal Financial Planning & Analysis (FP&A) reports to ensure financial data accuracy.
• Prepare the monthly forecast and quarterly business review for all functional areas of the business and related subsidiaries.
• Prepare all ad-hoc financial analyses to support senior management decision-making.
• Maintain financial dashboards, monitor financial trends and ratios, and provide insights on performance vs. budget and forecast by function/department.
• Assist in the development, design, and validation of operational dashboards for GCC divisions, branches, and/or departments.
• Develop a strong understanding of key performance drivers and issues related to budgeting, forecasting, and actual results. Incorporate this into monthly quantitative and qualitative analysis of commercial operations, including variance analysis and highlighting risks, issues, and business drivers to avoid unnecessary spending.
• Responsible for working capital and departmental spending analysis.
• Support the business development team and lead the financial evaluation of project feasibilities and pricing, including monitoring and evaluating actual performance versus projections.
• Assist the Finance Controller in accurately recording financial transactions and maintaining proper records.
• Provide guidance to department heads to help them understand financial reports and data controls.
  
  

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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.

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.

Overview

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.

Key Responsibilities

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.

Minimum Requirements

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 Post Duration

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.

Job ID: 16403

Tagged as: EXPEC & Drilling Plng & Perf Mgmt Dept

Financial Planning Analyst ( Saudis Only )

Role overview and application information has been refined for clarity.

Support and assist management by providing accurate and timely financial business support analysis data. This position is an opportunity to provide financial analysis support to various business functions to help maximize business performance.

• Revenue management: build revenue by region, restaurant and by brand and ensure targets are realistic.
• Monitor labor cost vs. budget, focusing on restaurant-level headcount and cost.
• Use sales trends from previous years, consider store openings/closings, organic growth, and year-over-year overlaps to inform planning.

• Financial planning and financial reporting skills
• Analytical skills
• Strong Microsoft skills

• 2-5 years of experience
• Bachelor’s degree in Finance or equivalent required

• Seniority level: Associate
• Employment type: Full-time
• Job function: Finance, Accounting/Auditing, and Analyst
• Industries: Financial Services, Restaurants, and Food and Beverage Services

Note: This listing does not include non-relevant boilerplate or platform-specific notices.