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Senior Financial Analyst

1.00 to 10.00 Years   Jeddah , Saudi Arabia   05 Jul, 2021
Basamh Trading Company
1 Jobs Openings
Job LocationJeddah , Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryRetail & Wholesale
Functional AreaNot Mentioned

Job Description

Job PurposeResponsible to drive Financial results by working with assigned business function (Sales / Supply Chain / Trade Marketing).Key Job Responsibilities?

  • Lead the consolidation of Annual budget of all business departments (Sales / Supply Chain / Trade Marketing).
  • Provide monthly reporting of the assigned business departments financial results in order to enhance the decision-making process for the leadership team.
  • Perform variance analysis vs. the annual plan, and propose corrective actions (if needed).
  • Work closely with the accounting department on a monthly basis to ensure accurate and on time closing of the assigned business functions.
  • Custodian of sensitive business and financial information (customer contracts, suppliers? contracts, product pricing & costing data, etc.) to ensure business continuity.
  • Conducting financial analysis on the business departments and coming up with value added ideas (cost optimization / return on investment, etc.) that will improve the financial performance.
  • Monitor the cash flow of the assigned business functions (inventory coverage, collection, payments to suppliers, etc.).
  • Work closely with IT department to ensure continuous improvement of the financial reports and dashboards.
  • Build the team?s capabilities by ensuring ongoing on-the-job training, coaching, and regular 1:1 feedback to maximize their potential and capitalize on their strengths.

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