Job Summary
The Financial Analyst conducts economic and financial research and performs analysis to support the development of business strategies and subsequent evaluation of results. The role involves preparing statistical studies, economic forecasts, and trend analyses, drawing conclusions, and providing recommendations for further consideration. The analyst interprets results and presents actionable alternatives to support strategic and operational decision-making.
Job Responsibilities
1. Core Responsibilities
- Conduct financial analysis of the company's financial statementsincluding income statements, balance sheets, and cash flow statementsto assess performance and trends.
- Analyse financial data and key performance indicators (KPIs) to identify improvement opportunities, cost-saving measures, and potential revenue enhancements.
- Develop financial models and forecasts to support budgeting, forecasting, and strategic decision-making.
- Provide insights and recommendations to senior management based on financial analysis findings.
- Prepare financial reports, presentations, and dashboards for internal stakeholders such as senior management, department heads, and board members.
- Support financial planning and budgeting by gathering and analyzing data, contributing to budget development, and monitoring performance against targets.
- Conduct variance analysis to explain differences between actual results and budgeted or forecasted amounts.
- Assist in developing business cases and investment proposals, including ROI analysis, feasibility studies, and risk assessments.
- Collaborate with cross-functional teamsincluding finance, operations, and salesto collect data and insights for analysis.
- Stay up to date on industry trends, economic conditions, and regulatory changes that may impact financial performance and strategy.
- Support the implementation of HSE initiatives, participate in safety-awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies.
2. Additional Responsibilities
- Perform other related duties as assigned.
- Contribute to continuous improvement initiatives within the finance function.
- Support departmental projects and process enhancements.
Job Knowledge & Skills
- In-depth knowledge of Generally Accepted Accounting Principles (GAAP).
- Knowledge of statutory accounting principles.
- Strong understanding of financial analysis and research methodologies.
- Demonstrated experience in financial management and accounting.
- Strong proficiency in MS Office applications and accounting/finance software.
- ERP experience required; SAP functional skills are highly preferred.
Job Experience
- Minimum of 6-7 years of work experience.
- At least 5 years of relevant financial analysis or accounting experience.
- Experience in the GCC region (2+ years) is an advantage
- Professional qualification such as ACCA, Chartered Accountants (India, Pakistan, Sri Lanka) is compulsory
