Lead Analyst, Cost Controller II
Full time
at Ma’aden
in
Saudi Arabia
Posted on February 19, 2025
Job details
1. JOB DETAILS: Position Title: Lead Analyst: Financial Broad Band: M11S, Experienced Professional Talent Pipeline Layer: Managing Self Principal Expert Consultant (MS)2. OVERALL, JOB PURPOSE: Influence and grow Ma'aden's financial performance through analysis of financial results, forecasts, variances, and trends. 3. QUALIFICATIONS, EXPERIENCE & SKILLS: Qualification: B Degree (Finance/Accounting/Business Administration/Economics) Chartered Financial Analyst Experience: 4 - 7 Years relevant experience International experience preferred Mergers and acquisitions preferred Skills:
- Sound working knowledge and understanding of Ma’aden codes, regulation, rules, procedures
- Effective analytical and problem-solving skills
- Good writing and reporting skills
- Following rules, regulations, procedures and instructions
- Effective self-time management, planning and organizing skills
- Coping with pressures and setbacks
- Sound finance data processing and reporting
- Critical thinking
- Advanced ability to gather information and accumulate data
- Advanced knowledge of finance principles
- Results driven
- Proficient attention to detail
- Curious and innovative
- Ability to adapt and respond to change
- Competent in using applicable software and/or systems
- Deliver accurate and timely input of all financial and related data into all statutory and management financial reporting including monthly, quarterly, and annual P&L, Balance Sheet, and Cash flow statements for BM&NM BU to meet financial requirements and standards.
- Oversee timely and accurate management of the GL, monthly close and asset register for the BM&NM BU to contribute to the success of the function.
- Consistently deliver business solutions which contribute to business results and improved competitiveness (consulting advice, business options).
- Deliver quality solutions/service cost-effectively on time and within risk parameters.
- Provide advice that is generally accepted and implemented on programs and systems, creating a competitive advantage for organization, leading to quality results.
- Deliver cost-effective results.
- Monitor, evaluate, and report business and affiliate performance on a broad base of metrics.
- Monitor, evaluate forecast and budget.
- Collect data, perform analyses, evaluate returns and risks on different investments and present recommendations to Senior Stakeholders.
- Maintain a strong financial analysis foundation creating and evaluating forecasts and financial models in order to guide the business in tactical and strategic decision making.
- Perform market research, data mining, business intelligence, and valuation comps.
- Analyse past results, perform variance analysis, identify trends, and make recommendations for improvements.
- Active input regarding investment management strategy and ensuring optimal return on investments.
- Active input regarding risk management and development of risk mitigation strategies.
- Track the performance of stocks and collect and prepare the data (in spreadsheets) so that it can be interpreted by clients and stockbrokers.
- Develop, implement and maintain internal control systems and business practices.
- Prepare management and board reports (trend analysis and economic indicators).
- Meet with investors to explain company decisions.
- Work closely with the accounting team to ensure accurate financial reporting.
- Report on financial performance and prepare for regular leadership reviews.
- Evaluate financial performance by comparing and analysing actual results with plans and forecasts.
- Guide the cost analysis process by establishing and enforcing policies and procedures.
- Recommend actions by analysing and interpreting data and making comparative analyses; study proposed changes in methods and materials.
- Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards.
- Increase productivity by developing automated reporting/forecasting tools, drive digitalization.
- Recommend and participate in think tanks/special projects.
- Understand, support and live the Ma'aden vision, values and goals.
- Expert utilization & direction through selling and obtaining support for value adding ideas leading to business improvement.
- Takes accountability for personal improvement, personal development, skills development and effectiveness.
- Expertise transfer, sharing and development.
- Continuously develop extensive knowledge relating to own field work and personal mastery in technical skills application through Talent Development.
- Expertise integration, sharing and developing expertise in others.
- Established technical and professional policies, practices, standards, procedures and methods; application, review and development.
- Deliver expert solutions as a thought leader, to meet changing business & work requirements through Trends, analysis, problem solving and quality decision making.
- Minimize Corporate risk through applied expertise, understanding Process and risk impact, reporting risks in the workplace and taking corrective action.
- Statutory & professional practice development.
- Extract, benchmark, enrich, capture and disseminate knowledge within knowledge management standards.
- Focused development of expert networks.
- Creating effective stakeholder and expert networking relationships with internal and external stakeholders.
- Demonstrate influential relationships with manager peers and company business leaders.
- Contractor/consultant relations & management.
- Communication of expertise (best practices, technical reports, position statement).
- Develop and facilitate the implementation of new solutions in area of expertise.
- Research & Development.
- Close collaboration with Strategy & Development (Business Analyst, etc).
- Senior Management of Affiliates & Ma'aden Corporate.
- Investors.
- Senior Government Officials.
- Associate membership with recognised professional bodies.
- Close collaboration with accountant shared service.
- Financial model development Expert
- Proficiency with Microsoft Excel Expert
- Proficiency with data query/data management tools (Access, SQL, Business Objects) Advanced
- Financial markets Advanced
- Knowledge and understanding of the business processes Advanced
- Knowledge of governing laws, policies, standards and procedures Proficient
- Understanding of the regulatory / legal and economic environment as well as the competitive landscape and financial risks / opportunities of the industry Advanced
- Understanding of financing and accounting principles Advanced
- Knowledge of accounting principles in order to contribute to organisational operating decisions Advanced
- Internet data mining Advanced
- Knowledge of financial markets and products Advanced
- Broad knowledge of local and international markets Proficient
- General working knowledge of country specific fiscal and financial policies Advanced
- Knowledge of Commercial Paper Regulations Advanced
- Understanding of taxation Proficient
- Understanding of loan covenants Advanced
- Understanding and ability to calculate various Ratios and Comps Advanced
- General knowledge of global bond markets Proficient
- Knowledge of general financial developments Proficient
- Developing self and others
- Lead digitalization within the function
- Change agent
- Continuous improvement
- General knowledge of people related policies, regulations and processes
- Contribute to establish Ma'aden as 3rd pillar of KSA economy
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