29 Variance Analysis jobs in Saudi Arabia

Join to apply for the Supervisor, Inventory Cost Accounting Unit role at Petro Rabigh .

Oversee and supervise the Inventory Accounting function by applying generally accepted accounting principles to review, analyze, and prepare inventory-related financial information. Communicate monthly inventory results to senior financial management and ensure the requirements are met.

1. Develop a manual on inventory accounting reporting policy and procedure, and participate in the preparation of physical inventory procedures. Ensure proper handling and execution of inventory tasks by distributing responsibilities among staff.
2. Monitor daily activities of the unit, report major issues to superiors, and track progress of KPIs and goals, taking appropriate actions to achieve them.
3. Set up and monitor the execution of unit goals and KPIs aligned with department objectives.
4. Supervise, lead, train, and motivate staff to ensure responsibilities and tasks are performed properly and timely. Coordinate with relevant sections/departments to ensure inventory reporting requirements are strictly followed.
5. Check, monitor, and coordinate with focal points such as MFT, MMS, PP, SPS, SDU, SAP consultants, PIM engineers, process engineers, and CPD regarding inventory movements reporting for refined and monomer products.
6. Perform any other duties as assigned by the Operation Accounting Section Head.

• BA in Finance or Accounting
• Minimum 6 years of experience in related work area
• Auditing experience
• Fundamentals of Accounting Principles (financial and cost)
• Basic Internal Control concepts, Management Accounting, IFRS, and Basic Management Principles

Note: The last day to apply is May 29, 2025.

Qiddiya Investment Company is seeking a highly experienced and analytical Senior Specialist - Financial Analysis to join our finance team. As a key contributor, you will be responsible for delivering high-level financial insights that will shape strategic decisions and help drive the company's overall performance.

In this role, you will evaluate financial data, conduct extensive analyses, and contribute to the financial planning process. You will work collaboratively with various departments to provide financial guidance and ensure that our investment strategies align with Qiddiya’s ambitious vision.

• Conduct in-depth financial analyses and prepare reports that provide insights to senior management.
• Develop and maintain detailed financial models to support project evaluations and investment decisions.
• Monitor financial performance against budgets and forecasts, providing commentary on variances and risks.
• Collaborate with cross-functional teams to gather data and enhance financial forecasts.
• Present findings and recommendations to stakeholders effectively, both verbally and in writing.
• Assist in developing the annual budgeting process and long-term financial plans.
• Continuously identify opportunities for process improvements within the financial analysis framework.

• Bachelor’s degree in Finance, Accounting, or a related discipline; Master’s degree is a plus
• Minimum of 5 years of relevant experience in financial analysis, preferably within the entertainment, real estate, or large-scale project sectors
• Strong expertise in financial modeling, forecasting, and reporting
• Exceptional analytical and problem-solving skills, with a keen attention to detail
• Excellent communication and interpersonal skills, capable of presenting complex information clearly
• Advanced proficiency in Microsoft Excel and financial software; experience with ERP systems is advantageous
• Proactive, results-driven individual with the ability to work under pressure and meet deadlines

Offering a comprehensive compensation and benefits package.

• 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.
  
  

• 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)
  
  

• BSc in Finance or Accounting
  
  

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

• MS Office Suite
  
  

• English
• Arabic

Qiddiya Investment Company is seeking a highly experienced and analytical Senior Specialist - Financial Analysis to join our finance team. As a key contributor, you will be responsible for delivering high-level financial insights that will shape strategic decisions and help drive the company's overall performance.

In this role, you will evaluate financial data, conduct extensive analyses, and contribute to the financial planning process. You will work collaboratively with various departments to provide financial guidance and ensure that our investment strategies align with Qiddiya's ambitious vision.

• Conduct in-depth financial analyses and prepare reports that provide insights to senior management
• Develop and maintain detailed financial models to support project evaluations and investment decisions
• Monitor financial performance against budgets and forecasts, providing commentary on variances and risks
• Collaborate with cross-functional teams to gather data and enhance financial forecasts
• Present findings and recommendations to stakeholders effectively, both verbally and in writing
• Assist in developing the annual budgeting process and long-term financial plans
• Continuously identify opportunities for process improvements within the financial analysis framework

• Bachelor's degree in Finance, Accounting, or a related discipline; Master's degree is a plus
• Minimum of 5 years of relevant experience in financial analysis, preferably within the entertainment, real estate, or large-scale project sectors
• Strong expertise in financial modeling, forecasting, and reporting
• Exceptional analytical and problem-solving skills, with a keen attention to detail
• Excellent communication and interpersonal skills, capable of presenting complex information clearly
• Advanced proficiency in Microsoft Excel and financial software; experience with ERP systems is advantageous
• Proactive, results-driven individual with the ability to work under pressure and meet deadlines

Offering a comprehensive compensation and benefits package.

• Mid-Senior level

• Full-time

• Other

• IT Services and IT Consulting

Get notified about new Analysis Specialist jobs in Riyadh, Saudi Arabia .

Qiddiya Investment Company is seeking a highly experienced and analytical Senior Specialist - Financial Analysis to join our finance team. As a key contributor, you will be responsible for delivering high-level financial insights that will shape strategic decisions and help drive the company's overall performance.

In this role, you will evaluate financial data, conduct extensive analyses, and contribute to the financial planning process. You will work collaboratively with various departments to provide financial guidance and ensure that our investment strategies align with Qiddiya’s ambitious vision.

• Conduct in-depth financial analyses and prepare reports that provide insights to senior management.
• Develop and maintain detailed financial models to support project evaluations and investment decisions.
• Monitor financial performance against budgets and forecasts, providing commentary on variances and risks.
• Collaborate with cross-functional teams to gather data and enhance financial forecasts.
• Present findings and recommendations to stakeholders effectively, both verbally and in writing.
• Assist in developing the annual budgeting process and long-term financial plans.
• Continuously identify opportunities for process improvements within the financial analysis framework.

• Bachelor’s degree in Finance, Accounting, or a related discipline; Master’s degree is a plus
• Minimum of 5 years of relevant experience in financial analysis, preferably within the entertainment, real estate, or large-scale project sectors
• Strong expertise in financial modeling, forecasting, and reporting
• Exceptional analytical and problem-solving skills, with a keen attention to detail
• Excellent communication and interpersonal skills, capable of presenting complex information clearly
• Advanced proficiency in Microsoft Excel and financial software; experience with ERP systems is advantageous
• Proactive, results-driven individual with the ability to work under pressure and meet deadlines

Offering a comprehensive compensation and benefits package.

Press Tab to Move to Skip to Content Link

Select how often (in days) to receive an alert:

The role holder is responsible for assisting in the preparation, analysis, and reporting of stc KSA’s financial performance, ensuring accuracy, consistency, and alignment with financial plans and reporting standards. The role includes supporting coordination with stakeholders and responding to inquiries related to financial results and KPIs. The role holder shall carry out his duties in accordance with the stipulated business policies and procedure.

· Assist in the preparation of financial performance and variance analysis for stc KSA standalone.

· Prepare and distribute monthly/quarterly/yearly financial performance reports for stc KSA.

· Coordinate with other BUs and FUs to share financial information for internal/external reporting.

· Perform comparative, trend, and financial ratios analysis of stc standalone financial information to identify and explain variances.

· Assist with verification requests and respond to related inquiries from all stakeholders regarding stc KSA reports and financial targets (KPIs).

· Prepare ad-hoc financial performance and analysis reports to support BoD and senior management.

· Support ensuring alignment of stc KSA (BUs) related parties’ transactions with the financial plan, budget, and forecast.

· Support the alignment of financial information for internal and external reporting, ensuring consistency and accuracy.

5 and above

§ Prior experience in financial analysis in a large-scale service oriented industry is strongly preferred

§ Prior experience within the KSA region and/or the Middle East region including knowledge of regulatory environment and context is preferred

Sr. Professional

Bachelor Degree in Accounting or Finance

Professional certifications such as CMA, ACCA, CPA, CIA or SOCPA or related discipline certifications are preferred

Qiddiya Investment Company is seeking a strategic and experienced Senior Manager - Financial Analysis to join our finance team. This pivotal role involves providing in-depth financial insights and analysis to support decision-making and strategic planning across our innovative projects. You will lead financial modeling, forecasting, and performance analysis to ensure the financial health and success of Qiddiya's initiatives.

Key Responsibilities:

• Develop and maintain complex financial models for various projects and initiatives within Qiddiya.
• Conduct thorough financial analysis and provide insights on key performance metrics.
• Assist in the preparation of budgets, forecasts, and long-term financial plans.
• Work closely with project managers to understand financial implications of strategic decisions.
• Prepare and present detailed financial reports to stakeholders, including senior management.
• Identify trends, risks, and opportunities for improvement in financial performance.
• Support investment evaluation processes by assessing financial viability and potential returns.
• Lead the financial due diligence process for potential acquisitions or partnerships.
• Collaborate with other departments to ensure financial alignment with organizational goals.
• Mentor and develop junior financial analysts within the team.

· Bachelor's degree in Finance, Accounting, or a related field (Master's degree or professional certification such as CFA or CPA preferred).

· Minimum of 9 -12 years of relative experience in financial analysis, investment analysis, or corporate finance within a large organization.

· Proven experience in financial modeling and forecasting.

· Strong analytical and problem-solving skills with an ability to provide strategic insights.

· Excellent verbal and written communication skills, with the capacity to present complex financial information clearly.

· Proficiency in financial software and advanced Excel skills.

· Strong understanding of accounting principles and financial regulations.

· Ability to manage multiple projects and priorities in a fast-paced environment.

· Experience in the entertainment, tourism, or infrastructure sectors is desirable.

Offering a comprehensive compensation and benefits package.

Press Tab to Move to Skip to Content Link

Select how often (in days) to receive an alert:

The role holder is responsible for assisting in the preparation, analysis, and reporting of stc KSA's financial performance, ensuring accuracy, consistency, and alignment with financial plans and reporting standards. The role includes supporting coordination with stakeholders and responding to inquiries related to financial results and KPIs. The role holder shall carry out his duties in accordance with the stipulated business policies and procedure.

Assist in the preparation of financial performance and variance analysis for stc KSA standalone.

Prepare and distribute monthly/quarterly/yearly financial performance reports for stc KSA.

Coordinate with other BUs and FUs to share financial information for internal/external reporting.

Perform comparative, trend, and financial ratios analysis of stc standalone financial information to identify and explain variances.

Assist with verification requests and respond to related inquiries from all stakeholders regarding stc KSA reports and financial targets (KPIs).

Prepare ad-hoc financial performance and analysis reports to support BoD and senior management.

Support ensuring alignment of stc KSA (BUs) related parties' transactions with the financial plan, budget, and forecast.

Support the alignment of financial information for internal and external reporting, ensuring consistency and accuracy.

5 and above

Prior experience in financial analysis in a large-scale service oriented industry is strongly preferred

Prior experience within the KSA region and/or the Middle East region including knowledge of regulatory environment and context is preferred

Sr. Professional

Bachelor Degree in Accounting or Finance

Professional certifications such as CMA, ACCA, CPA, CIA or SOCPA or related discipline certifications are preferred