Financial Analyst - Jeddah

‎4. Key Accountabilities

Financial Analysis
§ Consolidate and analyze financial data (budgets, income statement forecasts
etc) taking into account NOMAC's goals and financial standing, providing
alternatives and recommendations to the management to improve financial
performance.
§ Guide cost analysis process by establishing and enforcing policies and
procedures; providing trends and forecasts; explaining processes and
techniques; recommending actions.
§ Conduct business studies on past, future and comparative performance and
develop forecast models to consult with the management to guide and influence
long-term and strategic decision making.

Financial modelling
§ Support the review of contracts and assumptions provided by the BD team
during the bid phase and analyse the implementation of contracts, to ensure
efficiencies and value adding opportunities can be identified and built it, to
maximize the revenue from the projects
§ Collaborate with the Finance Managers of the projects, to get the updates on
the respective Project Models on a periodic basis and ensure that Project
Models are aligned with approved budgets.
§ Manage the long-term focus model of NOMAC by consolidating the O&M financial
models of all plants and regularly update the model to ensure that NOMAC is
getting the value as per their expectations.

Develop Financial Database & Dashboards
§ Builds financial database by identifying sources of information; assembling,
verifying, and backing up
§ Develop and Monitor Dash boards /performance indicators, highlighting trends
and analysing causes of unexpected variance

Strategic Finance Initiatives
§ Undertake the analysis for various strategic finance initiatives, and follow
through on their implementation to ensure the objectives are achieved.
§ Support other teams (Corporate Finance) as required and help respond to bank
requests for information and data in relation to approving corporate finance
facilities for NOMAC and/or its project companies.

Self-Development
§ Keep up-to-date with market developments in order to develop an
understanding of various finance products and features.
§ Seek knowledge transfer from more experienced team members by closely
shadowing them to gain technical experience in financing.

Policies, Processes, Systems & Procedures
§ Adhere to all relevant organizational and departmental policies, processes,
standard operating procedures, and instructions so that work is carried out to
the required standard and in a consistent manner.

Continuous Improvement
§ Contribute in the identification and implementation of change initiatives,
programmes and projects in line with the organization's standards.

Health, Safety, Security and Environment
§ Adhere to all relevant health, safety, security and environmental
procedures, instructions and controls so that the safety of employees and
environmental compliance can be guaranteed.

Related Assignments
* Perform any other duties which the organization may require to be carried out.
* Handling the Vendor Payments
* Handling the Weekly Cash Balance
* Provide the Bank Statements in ordinary basis.
* Handling the BTE Payments
* Handling SADAD Payments
* Handling The Plant Petty Cashes
* Paying the Dividend & TSA
* Provide the Required to Close the BRS & Audit Requirements
* Bid Opening

Skills

Skills:
* Strong business and financial analysis skills
* Strong technical knowledge
* Sector knowledge of infrastructure/energy/renewables
* Basic understanding of the business value chain
* Good communication, presentation skills
* Strong understanding of the basics of capital and financial markets
* Ability to work under pressure
* Ability to understand financial models
* High degree of rigor and attention for details
* Able to work in multicultural environments and multidisciplinary team
* Accounting or Finance Degree
* Data Analysis
* SAP Software
* Leadership
* Hard working

Education

Bachelor's Degree in Finance, Accounting, or Economics