Senior Financial Reporting Analyst

Overview

Senior Financial Reporting Analyst Jobs in Dhahran, Eastern, Saudi Arabia at Dhahran Techno Valley

Title: Senior Financial Reporting Analyst

Company: Dhahran Techno Valley

Location: Dhahran, Eastern, Saudi Arabia

Summary

The Senior Financial Reporting is responsible for prepare and review of monthly, quarterly, and annual financial reporting, ensuring compliance with IFRS, SOCPA requirements, and Company policies. The role serves as a key contributor to financial statement preparation, management reporting, audit coordination, technical accounting assessments, and continuous improvement of reporting processes and internal controls.

Key Responsibilities

Financial Reporting & Close Process

• Preparing monthly, quarterly, and annual financial statements and supporting schedules.
• Preparing consolidated financial statements for the group.
• Coordinate month-end and year-end closing activities with finance and business teams.
• Ensure all reporting deliverables are completed within established deadlines.
• Review balance sheet reconciliations and investigate significant variances.
• Participate in annual budgeting & planning process.

Management Reporting

• Prepare and review management reports, and executive financial presentations.
• Analyze financial performance against budget, forecast, and prior periods.
• Develop insightful commentary and recommendations on key business and financial trends.
• Support management decision-making through timely financial analysis.

Technical Accounting & Compliance

• Ensure compliance with IFRS, SOCPA regulations, and internal accounting policies.
• Research and evaluate accounting treatment for complex or non-routine transactions.
• Monitor changes in accounting standards and assess their impact on the Company.

Audit Management

• Act as a primary coordinator for external and internal audits.
• Facilitate audit requests and ensure timely resolution of audit findings.
• Monitor implementation of audit recommendations and corrective actions.

Internal Controls & Governance

• Support the design, implementation, and monitoring of internal controls over financial reporting.
• Identify control weaknesses and recommend process improvements.
• Ensure compliance with corporate governance and reporting requirements.

Process Improvement & Systems

• Lead initiatives to improve financial reporting efficiency, accuracy, and automation.
• Support Oracle Fusion enhancements and reporting optimization projects.
• Develop and maintain reporting templates, dashboards, and financial reporting tools.
• Participate in finance transformation initiatives and system implementations.

Stakeholder Management

• Collaborate with FP&A, Treasury, Tax, Accounts Payable, Accounts Receivable, Procurement, and operational teams.
• Serve as a key finance contact for reporting-related matters.
• Provide guidance and support to junior finance team members when required.

Qualifications

• Bachelor’s degree in accounting, Finance, or a related field.
• Professional certification preferred (SOCPA, CPA, ACCA, CA, CMA).
• 3 – 5 years of experience in financial reporting, accounting, external audit, or a related finance function.
• Experience in audit coordination and regulatory reporting.
• ERP, Advanced Microsoft Excel and financial reporting skills.

Technical Skills

• Financial Statement Preparation as per standards
• Consolidation & Group Reporting
• Financial Analysis
• Oracle Fusion ERP
• Advanced Excel & Reporting Tools

Behavioral Competencies

• Strong analytical and problem-solving skills
• High attention to detail and accuracy
• Effective communication and presentation skills
• Ability to manage multiple priorities and deadlines
• Continuous improvement mindset

Key Performance Indicators (KPIs)

1. Financial reports and statements issued within agreed reporting timelines.
2. Accuracy of financial reporting with minimal post-close adjustments.
3. Successful completion of external and internal audits with no significant findings.
4. Compliance with IFRS, SOCPA, and internal reporting requirements.
5. Reduction in reporting cycle time and manual reporting activities.