139 Reconciliation Analyst jobs in Saudi Arabia

Who Are We

HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools.

HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments, HALA Cashier and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations.

Founded in 2017, HALA is currently duly licensed by the Saudi Arabian Central Bank as well as the Financials Services Regulatory Authority (FSRA) in Abu Dhabi Global Market.

Team and Responsibilities

COLLECTIVE

• Comply with the HALA's code of conduct and ethics
• Promote the HALA's vision, mission, values and model desired behaviors
• Promote HALA and spread its culture
• Commit to HALA's rules and regulations
• Perform tasks as directed in the pursuit of the achievement of organizational goals
• Share with team know-how and encourage their development

JOB-SPECIFIC

• Support the other departments to fix the customers' issues
• Lead the reconciliation and balancing analysis on pool accounts and customer transactions
• Ensure accurate summary reconciliation reports are generated in a timely manner and highlight required actions
• Take proper actions as required including investigating transactions, bank interface issues, or customer claims
• Work closely with other departments, especially with the Digital, Safeguarding, and Customer Care to resolve any reconciliation or customer claim issues
• Resolve promptly and/or escalate any risks not addressed
• Recommend and implement process improvements to increase the efficiency and accuracy of daily and periodic reconciliation processes
• Ensure reconciliation controls and processes are up to date
• Coordinate to collect data, check its integrity and summarize it
• Run models, verify their applicability, analyze them then communicate results
• Maintain and upgrade knowledge of the core aspects of banking and accounting reconciliation
• Prepare general ledger reconciliations for a financial institution
• Perform ad-hoc requests and special projects

Education

Bachelor Degree in Accounting, Finance, Business Administration or equivalent fields of studies

The education levels can be replaced by years of experience

Experience

Five (5) to eight (8) years of experience in a similar role

Skills

Computer Skills: Proficient in Microsoft Office Tools and computerized ledger system

Languages: Fluent in English and Arabic

Certified Public Accountant (CPA) designation preferred

Core Competencies

Self-Actualization & Fulfilment: Proficiency Level – INTERMEDIATE

Team Synergy & Development: Proficiency Level - INTERMEDIATE

Entrepreneurial Mindset & Drive: Proficiency Level – INTERMEDIATE

Business Acumen & Diligence: Proficiency Level - INTERMEDIATE

What We Offer You
We believe you will love working at HALA

• We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
• We offer highly competitive compensation packages, including the potential for shares.
• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
• Join a talented team of over 30 nationalities working in 7 countries and gain valuable experience in an exciting industry.
• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
• You will be given a lot of responsibility and trust. We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best.

If you think you have what it takes to join a remarkable team #apply_now

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.

• 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
• 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
• 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
• 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
• 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
• 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
• 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
• 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

• 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

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.

Overview

A Financial Analyst plays a crucial role in the financial health of an organization by analyzing financial data, preparing reports, and providing insights that guide decision-making. This position involves working closely with various departments to ensure financial strategies align with the company's goals. The ideal candidate will possess strong analytical skills, attention to detail, and a deep understanding of financial principles.

1. Analyze financial data to identify trends, variances, and opportunities for improvement.
2. Prepare detailed financial reports and forecasts to support strategic planning.
3. Collaborate with department heads to develop budgets and monitor financial performance.
4. Conduct risk assessments and recommend strategies to mitigate financial risks.
5. Assist in the preparation of financial statements and ensure compliance with regulations.
6. Evaluate investment opportunities and provide recommendations based on financial analysis.
7. Monitor cash flow and working capital to ensure financial stability.
8. Support the finance team in ad-hoc projects and initiatives as needed.
9. Present findings and recommendations to senior management and stakeholders.
10. Stay updated on industry trends and changes in financial regulations.

1. Certificate (ACCA, CPA, CMA or CFA partial)
2. Bachelor degree in accounting
3. Hospitality sector experience is required
4. Strong analytical and problem-solving skills.
5. Excellent communication and presentation abilities.
6. Proficiency in financial modeling and forecasting techniques.
7. Detail-oriented with a focus on accuracy.
8. Ability to work collaboratively in a team environment.
9. Strong organizational and time management skills.
10. Proficient in financial software and Microsoft Excel.
11. Ability to adapt to changing financial regulations and standards.
12. Experience in financial analysis within a corporate setting.
13. Commitment to continuous professional development and learning.

• Proficient in financial analysis and reporting.
• Strong knowledge of accounting principles and financial regulations.
• Expertise in financial modeling and forecasting.
• Advanced skills in Microsoft Excel and financial software.
• Ability to interpret complex financial data and present findings clearly.

Overview

This is a full-time on-site role for a Financial Analyst located in Ras al Khair (Eastern Province). The Financial Analyst will conduct financial planning, analyze financial data, prepare financial statements, and report. They will analyze financial performance, make recommendations based on analytical insights, and ensure compliance with financial regulations. The position is with a client in the mining sector in the Eastern Province to consolidate the finance function.

• Perform financial planning, analysis, and reporting.
• Analyze financial data and performance to inform business decisions.
• Prepare and analyze financial statements and management reports.
• Provide recommendations based on analytical insights.
• Ensure compliance with financial regulations and internal controls.

• Proficiency in financial planning and financial reporting
• Strong analytical skills and finance knowledge
• Experience in preparing and analyzing financial statements
• Excellent written and verbal communication skills
• Bachelor's degree in finance, accounting, business, or related field
• Ability to work independently and collaboratively within a team
• Proficiency in financial software and tools
• CFA or CPA certification is a plus

• Entry level

• Full-time

• Finance
• Sales

• Business Consulting and Services

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.

Grow Your Career with NTT DATA

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.