182 Underwriting jobs in Saudi Arabia

Department:
Risk B2B

Employment Type:
Full Time

Location:
KSA

Description
We're looking for an
Underwriting Specialist
reporting to our
Head of Risk (B2B).
You will be joining a team of dreamers. What we do matters – and what you will do here will matter too. There are endless possibilities to reimagine the future of online payments. Now it is your turn to connect your dreams and your passion to our purpose and thrive.

Key Responsibilities

• Evaluate and assess B2B customer applications for Tabby's services, analyzing financial information, payment histories, and other relevant data to determine creditworthiness.
• Make informed underwriting decisions in line with SAMA regulations and company policies, balancing risk with business objectives.
• Collaborate closely with internal teams, including finance, compliance, and customer service, to ensure efficient processing of applications and clear communication with customers.
• Monitor and update underwriting guidelines to maintain compliance with evolving regulatory requirements and industry best practices.
• Utilize data analytics to identify trends and patterns in customer behavior, adjusting underwriting strategies as needed to mitigate risk.
• Ensure all underwriting activities comply with SAMA regulations, company standards, and industry best practices.

Skills, Knowledge and Expertise

• Bachelor's degree in finance, business, or a related field; a professional underwriting certification is preferred.
• 1 - 2 years of experience in underwriting or a related field, with a strong understanding of credit risk and underwriting principles.
• Analytical mindset with excellent problem-solving skills and attention to detail.
• Strong communication and negotiation skills, with the ability to explain complex concepts to various stakeholders.
• Ability to work independently and as part of a team, with strong organizational and time management skills.
• Familiarity with the fintech or financial services industry is advantageous.

Job Title: Financial Analysis Manager

Location: Jeddah, Saudi Arabia

Job Type: Permanent

• Lead the preparation of annual budgets, quarterly forecasts, and long-term financial planning.

• 8+ years of progressive experience in financial planning & analysis (FP&A), with at least 2–3 years in a managerial role.

• Analyze financial results, variances, and key performance indicators to provide actionable insights.

• Develop financial models and scenario analyses to support strategic initiatives and business decisions.

• Oversee monthly, quarterly, and annual management reporting processes.

• Collaborate with business units, operations, and leadership teams to align financial goals with organizational objectives.

• Ensure compliance with corporate policies, accounting standards, and internal controls.

• Mentor and manage a team of financial analysts, fostering professional growth and continuous improvement.

• Present financial insights and recommendations to senior management and executive leadership.

• Drive process improvements and automation to enhance efficiency in financial reporting and analysis.

Job Title: Financial Analysis Manager

Location: Jeddah, Saudi Arabia

Job Type: Permanent

• Lead the preparation of annual budgets, quarterly forecasts, and long-term financial planning.

• 8+ years of progressive experience in financial planning & analysis (FP&A), with at least 2–3 years in a managerial role.

• Analyze financial results, variances, and key performance indicators to provide actionable insights.

• Develop financial models and scenario analyses to support strategic initiatives and business decisions.

• Oversee monthly, quarterly, and annual management reporting processes.

• Collaborate with business units, operations, and leadership teams to align financial goals with organizational objectives.

• Ensure compliance with corporate policies, accounting standards, and internal controls.

• Mentor and manage a team of financial analysts, fostering professional growth and continuous improvement.

• Present financial insights and recommendations to senior management and executive leadership.

• Drive process improvements and automation to enhance efficiency in financial reporting and analysis.

Job Description
Provide financial advice, support and consultation to the assigned departments to ensure the alignment with the set financial plans and policies. Develop financial reports and analysis to identify the financial impact and the financial performance in addition to supporting the decision-making process for assigned departments or business functions.

Accountabilities

• Lead the financial evaluation in the assigned departments' projects through the set of the financial plan, development and review of the financial models, data and KPIs and the alignment with the concerned stakeholders.
• Act as the financial partner to the assigned departments through providing the support, financial knowledge, budget and forecasts and communicating the business requirements/needs of the assigned departments to the Finance division's different departments to ensure interdepartmental alignment.
• Issue periodic financial reports for the assigned departments including the review of the actual progress against the financial plan in order to identify the financial performance of the assigned departments to the concerned stakeholders.
• Perform financial analysis for the assigned departments including the deficiencies and the areas of improvement in order to support the decision making process.
• Follow-up with the assigned departments and stakeholders on the decisions and corrective actions based on the financial analysis provided and identifying the financial impact of the decisions.
• Participate with the assigned departments in the development, update and documentation of the processes, procedures, SOPs…etc. through the collaboration with the concerned stakeholders to ensure standardization and the alignment with the financial requirements.
• Lead and participate in the automation of the financial analysis reports through the collaboration with the concerned departments as the IT division to ensure the efficiency, timely and accuracy of the financial reports and financial data.
• Act as a key advisor to business units, providing strategic financial insights and analysis to support decision-making.
• Drive the performance of finance teams, ensuring alignment with business objectives. Foster a culture of continuous improvement and strategic financial management.

Employee duties are not limited only to the above-mentioned Accountabilities; he/she may perform other duties as assigned.

Work Environment

• Indoors : 90%
• Outdoors : 10%
• Working Days : 5 Working Days
• Days off : 2 Days Off
• Working Hours : 8:00 AM – 6:00 PM (1 hour break)

Job Requirement

Education

• BSc in Finance or Accounting

Experience

• 3 in a similar role (for MG) 5 in a similar role (for SMG) Years of Experience

Computer Skills

• MS Office Suite

Language

• English
• Arabic

Description

At Basamh Group, our mission is to grow people and companies by empowering individuals and fostering collaborative relationships to achieve sustainable success. Backed by over 75 years of experience, we've built a strong, consumer-centric ecosystem serving the MEA region. Our excellence in distribution is driven by Basamh Trading Company (BTC) in retail and Specialized Food Services (SFS) in HORECA. GoodyCo leads our efforts in marketing and brand building, while Thokoman Foods anchors our manufacturing capabilities.

Guided by our core values of true ownership, passion to grow, transparency and family spirit, we are committed to establishing long-term partnerships with our people and all those we work with. We aim to strengthen our network, uplift our communities, and build a legacy of homegrown success stories that inspire the leaders of tomorrow.

Job Overview

We are looking for a Financial Analysis Assistant Manager. Responsible to drive financial results by working with assigned business function (Brand / Sales (CDM/BDM) / Operations / IDU).

Key Responsibilities

As a successful candidate, you will:

• Be the finance spoc for the assigned category / department as part of the Multi-functional Business Cell Team.
• Be the finance leader in all Multi-functional business cell meetings, that provides financial insights into business decisions.
• Actively participate in BCM discussions to drive business forward. Also enable team with financial data on Sales, Profit, Spending, Building Blocks leading to category profit efficiency tracking.
• Provide monthly reporting of the assigned category's financial results. Perform variance analysis of actuals vs. forecast, and propose corrective actions, where needed.
• Lead the preparation of annual budget of the assigned business department or Category in line with the company's short / medium term targets.
• Lead certain financial analysis processes / projects as and when assigned by the manager e.g. NPDs tracking, Factsheets process management, competitive analysis, customer profitability analysis and any other projects.
• Conducting business analysis on the assigned category / department to drive value addition that will improve business financial performance (e.g. Optimizations in pricing, channel mix, sku mix, cost, spending etc.).
• Develop accurate & automated reporting tools for financial data reporting and analysis, that enables quicker work processes.
• Work closely as needed with the accounting team to exchange information on budgets/spending and ensure accurate booking and tracking of expenses in P&L.
• Seek to learn and grow self-capability in financial and accounting standards and budget management.
• Expected to be part of organization/capability building effort e.g. actively participates and/or organizes team engagement events.

Minimum Requirements

As a successful candidate, you will have:

• 2-4 years of relevant experience
• Bachelor's degree in Finance, Accounting, or related field is required.
• Strong communication skills
• Accounting knowledge (optional)
• Proficiency in financial analysis

Working Environment

At Basamh Group, we pride ourselves on attracting talented individuals by offering dynamic and rewarding professional opportunities that inspire growth and innovation. We are deeply committed to fostering a culture of growth by supporting continuous development through hands-on learning, comprehensive online resources, interactive training, and personalized coaching. Guided by our core value of family spirit, we cultivate an environment where every individual feels valued, supported, and empowered to thrive. We ensure our people contribute to our collective success while finding fulfillment and pride in being part of the Basamh Group family.

Internal Job Title:Assistant Manager (Financial Analysis & Reporting)

Business: Lucy Switchgear Arabia

Job Reference No: 4165

Job Purpose

•To provide timely & accurate financial information and reports

•Payroll Administration & Management

•Assist the FM in all matters related to Compliance, Reporting and Audit

Job Dimensions

Number of Staff Supervised:Direct Reports:One

Key Accountabilities

Monthly, quarterly and annual closure and preparation of management reports and financial statements are undertaken in a timely manner to meet strict group reporting deadlines. - Timeliness and accuracy

In coordination with the FM preparation and analysis of periodic cash forecasts, exceptional reporting, inventory & general provisioning. - Timeliness and accuracy

Process the employee payroll on a monthly basis and posting the same to appropriate general ledger accounts. - Timeliness and accuracy

Analyzing the collated data and filing of periodic VAT return and in coordination with the FM liaising with the consultant wherever needed. - Timeliness, accuracy and compliance

Controller and custodian of company’s GL and chart of accounts - Accuracy & correctness

Collaborate with the FM in the detailing and data accumulation work for the preparation of monthly reporting, quarterly forecasts, annual budgets by extensive excel based analytical reporting including dashboards. - Timeliness and accuracy

Work alongside the FM for any ad-hoc deliverables to support both internal and external financial and analytical reporting requirements. - Timeliness and accuracy

Collaborate with the FM in managing the yearly statutory audit process by preparation of schedules and coordinating with the auditors for smooth completion of audit. - T imeliness and accuracy

Assist the FM in ensuring compliance with all legal and statutory requirements and the ongoing development and implementation of internal controls and procedures across the business. - Timeliness, accuracy and compliance

Collaborate with the FM in liaising with the AX team for any AX related requirements as and when the need arises. - Value Addition to the existing process

Managing and mentoring the accountants

Job Context

The position is responsible to:

•Participate as a finance stake holder for the business in cross functional teams.

•Work well with stakeholders as well as with a variety of people and personality types.

Minimum Qualifications and Knowledge:

Degree in recognized accounting qualification (ACCA / ACA / CMA)

Minimum Experience: 10 years in a similar role

Job-Specific Skills: Financial Acumen, Eye for Details, Tech Savvy, Decisiveness, Analytical Thinking, Manage Deadlines, Methodical Approach, Accuracy, Effective Verbal & Written Communication, Innovation & Creativity, Commercial Awareness, Planning & Organizing, Maintain High Degree of Confidentiality.

Behavioral Competencies: Integrity & Ethics, Self-Motivation, Teamworking, Agility & Adaptability, Cultural Intelligence, Engaging & Developing People, Interpersonal sensitivity

Does this sound interesting? We would love to hear from you. Our application process in quick and easy. Apply today!

Internal Job Title:Assistant Manager (Financial Analysis & Reporting)

Business: Lucy Switchgear Arabia

Job Reference No: 4165

Job Purpose

•To provide timely & accurate financial information and reports

•Payroll Administration & Management

•Assist the FM in all matters related to Compliance, Reporting and Audit

Job Dimensions

Number of Staff Supervised:Direct Reports:One

Key Accountabilities

Monthly, quarterly and annual closure and preparation of management reports and financial statements are undertaken in a timely manner to meet strict group reporting deadlines. - Timeliness and accuracy

In coordination with the FM preparation and analysis of periodic cash forecasts, exceptional reporting, inventory & general provisioning. - Timeliness and accuracy

Process the employee payroll on a monthly basis and posting the same to appropriate general ledger accounts. - Timeliness and accuracy

Analyzing the collated data and filing of periodic VAT return and in coordination with the FM liaising with the consultant wherever needed. - Timeliness, accuracy and compliance

Controller and custodian of company’s GL and chart of accounts - Accuracy & correctness

Collaborate with the FM in the detailing and data accumulation work for the preparation of monthly reporting, quarterly forecasts, annual budgets by extensive excel based analytical reporting including dashboards. - Timeliness and accuracy

Work alongside the FM for any ad-hoc deliverables to support both internal and external financial and analytical reporting requirements. - Timeliness and accuracy

Collaborate with the FM in managing the yearly statutory audit process by preparation of schedules and coordinating with the auditors for smooth completion of audit. - T imeliness and accuracy

Assist the FM in ensuring compliance with all legal and statutory requirements and the ongoing development and implementation of internal controls and procedures across the business. - Timeliness, accuracy and compliance

Collaborate with the FM in liaising with the AX team for any AX related requirements as and when the need arises. - Value Addition to the existing process

Managing and mentoring the accountants

Job Context

The position is responsible to:

•Participate as a finance stake holder for the business in cross functional teams.

•Work well with stakeholders as well as with a variety of people and personality types.

Minimum Qualifications and Knowledge:

Degree in recognized accounting qualification (ACCA / ACA / CMA)

Minimum Experience: 10 years in a similar role

Job-Specific Skills: Financial Acumen, Eye for Details, Tech Savvy, Decisiveness, Analytical Thinking, Manage Deadlines, Methodical Approach, Accuracy, Effective Verbal & Written Communication, Innovation & Creativity, Commercial Awareness, Planning & Organizing, Maintain High Degree of Confidentiality.

Behavioral Competencies: Integrity & Ethics, Self-Motivation, Teamworking, Agility & Adaptability, Cultural Intelligence, Engaging & Developing People, Interpersonal sensitivity

Does this sound interesting? We would love to hear from you. Our application process in quick and easy. Apply today!

Qiddiya Investment Company is at the forefront of Saudi Arabia's transformation into a leading entertainment and cultural destination. We are seeking an experienced and strategic leader for the position of Director - Development Financial Analysis (CDU705). This pivotal role will drive financial assessments and analyses to support our ambitious development projects.

As the Director of Development Financial Analysis, you will lead initiatives to evaluate financial feasibility and sustainability for various development ventures. Your expertise will ensure our projects align with Qiddiya's strategic objectives and represent a sound investment.

• Lead and oversee financial analysis for development projects, ensuring robust financial modeling and analytics.
• Conduct comprehensive feasibility studies and investment appraisals for new projects.
• Collaborate with project teams and stakeholders to build financial scenarios that guide decision-making.
• Develop and present detailed financial reports and presentations to senior management and the board.
• Identify and evaluate financial risks, proposing strategies to mitigate potential issues.
• Enhance financial analysis processes and tools to drive efficiency and accuracy.
• Stay informed on market trends and financial strategies relevant to the entertainment and development sectors.

• Bachelor's degree in finance, economics, or related discipline; MBA or equivalent advanced degree is preferred.
• Minimum 12-15 years of experience in financial analysis, particularly in development, real estate, or investment analysis.
• Expertise in financial modeling, investment feasibility studies, and financial reporting.
• Strong analytical skills with a demonstrated ability to interpret complex data and communicate findings effectively.
• Excellent leadership, communication, and interpersonal skills to interface with various stakeholders.
• Experience in managing teams and fostering a collaborative work environment.
• Proficiency in financial analysis software and advanced Excel capabilities.

INSPIRE | EXHILARATE | DELIGHT

For over seven decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. In its pursuit to excel as a hybrid luxury retailer, the Group has curated a portfolio of over 10 owned brands and strengthened its distribution and marketing expertise for over 400 international names across luxury fashion, beauty, jewellery, watches, eyewear, and art de vivre categories.

Every step at Chalhoub Group is taken to build a future where luxury dreams become reality — bridging cultures and crafting memorable experiences for our consumers. Be it by constantly reinventing itself, committing to innovation, or embracing new technologies, the Group is shaping the future of luxury retail. It delivers seamless omnichannel experiences across more than 950 stores, online platforms, and mobile apps. Driving this innovation journey is The Greenhouse — the Group’s innovation hub, incubator, and accelerator for startups and emerging businesses, regionally and globally.

Chalhoub Group fosters a people-at-heart culture rooted in diversity, equity, and inclusion, and a workplace catalysed by forward thinking and future-proofing. Today, it brings together over 16,000 talented professionals across eight countries in the Middle East, with a presence in LATAM. Their collective efforts have earned the Group the Great Place to Work certification in several markets.

Sustainability is at the core of the Group’s strategy, guided by a clear commitment to people, partners, and the planet. Chalhoub Group is proud to be a member of the United Nations Global Compact, a signatory of the Women’s Empowerment Principles, and to have pledged to reach Net Zero by 2040.

• Develop trustworthy relationship with the Business Units to drive financial management and processes.
• Support operations in preparing P&L projection, analysis of financial viability of new investments and budget follow-up.
• Organize internal and external reporting; make constructive proposals and act as an internal consultancy to Managing Director, Finance Director and Business units’ Managers to monitor the business.
• Evaluate business proposals with complete analysis of economic impact on business; analyze financial information to produce forecasts of business, industry and economic conditions for use in making decisions.
• Assist in developing Financial Strategic Planning such as the 3-Y Plan; review purchase cycle and analyze the Cash Flow and stock position on regular basis to provide corrective actions if necessary.
• Prepare variance analysis and recommendations on monthly financial figures from business units compared to budget and last year and issue reports as required by the management.
• Follow up and control the capital expenditure budgets allocated to the business unit.
• Monitor the cost structure of the companies’ business units and prepare business profitability analysis.
• Arrange, observe and control the P&L, balance sheet and recommend action.
• Provide Internal Control and ensure compliance with all Group Policies and Procedures; prepare and monitor the performance of internal rate of return (IRR) studies for proposed outlets and new products.
• Prepare the Monthly dashboard, budget revisions and close follow up on: collections, payables, stock, sales and net margin; challenge assumptions and propose revisions.
• Drive month end closing by analyzing trial balances, researching general ledger activity and variances to budget and prior year.
• Develop and improve processes related to expenditure, appropriate financial methods to evaluate and measure performance.
• Provide analytical support as required to various cross-function initiatives and ad hoc projects (e.g. preparing business plans, study of the cash flow and P&L).
• Instigate and participate in all process improvement initiatives related to the Business Unit.
• Participate in relevant projects and community activities as and when needed.
• Monitoring and managing the organization’s bank relationships and liquidity management.
• Forecasting of medium and long-term funding and hedging requirements; daily cash management.
• Debt facilities management.

• Master/BA in Finance.
• Minimum of 5-7 years' experience in Financial Planning positions of increasing responsibility.
• Excellent analytical skills with demonstrated experience with financial statement analysis, financial metrics.
• Advanced knowledge of Microsoft Office, primarily Excel and Dashboard.
• Proven track record of demonstrating intellectual curiosity, problem solving, business acumen and enthusiasm.
• Excellent communication and organizational skills. Proven ability to collaborate across teams, functions and departments.
• Ability to work well with a team and also thrive independently.
• Attention to accuracy and detail required.

With us, you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.

We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employee discounts.

It Takes Diversity Of Thought, Culture, Background, Differing Abilities and Perspectives to truly Inspire, Exhilarate and Delight our customers. At Chalhoub Group, we are committed to inclusion and diversity. We welcome all applicants to apply and be part of our exciting future. We ensure equal opportunity for all our applicants without regard to gender, age, race, religion, national origin or disability status.