Financial Analysis Specialist

Role Overview

The Financial Analysis Specialist position at Alkhorayef Industries Company in Riyadh focuses on delivering accurate financial insights that help senior leadership make sound strategic and operational decisions. The role covers analysis of investments, capital spending, cash flow needs, asset sales, and broader business performance across the group and its subsidiaries.

Core Financial Analysis Duties

• Gather, validate, organize, and assess financial data so management receives timely and reliable information for decision-making.
• Perform financial and cost-related analysis, including KPI reviews, trend evaluation, capital expenditure analysis, and variance reporting against budgets and targets.
• Evaluate the financial impact of proposed investments and transactions so leadership can compare options against group objectives.
• Prepare financial and non-financial statements and reports such as the balance sheet, income statement, profit and loss reports, and cash flow statements.
• Issue budget templates and guidance to all subsidiaries, ensuring the instructions are clearly understood and aligned with AGC objectives.
• Track performance of AGC and its subsidiaries against approved budgets and report progress regularly.
• Collect subsidiary inputs, consolidate budgets, and prepare monthly, quarterly, half-yearly, and annual reports and presentations for senior management.
• Brief superiors on efficient resource use and the assumptions used in budget forecasts.
• Review financial information related to costs, pricing, expenses, and revenue, then provide recommendations to senior management.
• Produce group and subsidiary performance reports covering growth, proposed projects, liquidity, cost-benefit analysis, and financial strength using statistics, ratios, and comparative analysis.
• Use spreadsheets, relational databases, statistical tools, graphics software, and ERP systems to build, organize, and present data and reports.

Policies, Processes, and Compliance

• Apply approved finance policies, procedures, and workflows, while guiding subordinates and monitoring adherence to ensure controlled operations.
• Help identify opportunities to improve systems, processes, and business practices by applying leading practices, process enhancement, cost savings, and productivity improvements.
• Support oversight of daily activities to ensure compliance with established policies and procedures.

Workplace Details

This is a full-time, onsite role based in Riyadh, Saudi Arabia.