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Financial Analyst

Robert Bosch Middle East Unverified

Multiple Cities, Saudi Arabia

Posted Jun 15, 2018 830 views Report Job

SR. 10,000 - 20,000/Month

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Job Description

The Financial Analyst is the controlling partner for one or more Product Classes and Shared Services Areas.

  • The role acts as a key driver to the successful monitoring, reporting, planning and forecasting of the financial health of the business within his/her area of responsibility.
  • Utilizing the advanced concepts of value based management, the Financial Analyst will identify, recommend and coordinate cost reduction measures to achieve planned results.
  • The position is expected to interact with cross functional groups and at all levels of management.
  • This includes:Preparation of annual business plan and quarterly forecast for the responsible product class and Shared Services departments.
  • Support month-end closing activities including required adjustments and corrections.
  • Analysis of monthly results, explain deviations from plan and recommend measures for improvement.
  • Monitoring of fixed cost development including variance analysis, identify risks and opportunities.
  • Detailed analysis of freight costs and IT costs including identification of cost reduction potentials.
  • Tracking of capital expenditure budget and coordination of fixed asset management between operations and the Corporate Finance team.
  • Prepare variance analysis reports to support commercial management decision making.
  • Participate in critical projects and initiatives of overhead departments (e.g. cost reduction measures), coordinate all controlling and finance related activities.
  • Monitor and control cost center expenses in the responsible area.
  • Regular interaction and coordination with department management to analyze deviations from plan and identify measures to achieve business plan.
  • Prepare capital budgeting decision models (e.g. calculating NPV, IRR, make or buy decision) and analysis for commercial management.
  • Monitor, report and analyze personnel capacity and personnel costs within the area of responsibility.
  • Prepare regular presentations to the management on various topics mentioned above.
  • Constantly strive for continuous improvement of processes (CIP) within the class of responsibilities. Identify and lead CIP projects within the department or cross functional teams.
  • Perform other essential and related duties as may be assigned.

Qualifications Requirements:

  • Master’s (Business/Accounting) or CPA from an accredited institution with minimum of 2 years experience in a manufacturing industry, or a Bachelor’s in Business, Finance, Accounting or related field from an accredited institution with a minimum of 4 years experience in a manufacturing industry.
  • Advanced knowledge of MS Excel (including Macros) and proficiency in other MS Office applications
  • Strong analytical, interpersonal and presentation skills
  • Customer oriented mindset with high sense of accountability
  • Dedicated, self-motivated, proactive, and high energy individual with strong desire to exceed expectations

Other Requirement

  • Bachelor’s in Finance, Accounting or related field from an accredited institution with minimum 6 months experience in a manufacturing industry (internships included)Advanced knowledge of MS Excel (including Macros) and proficiency in other MS Office applications
  • Strong analytical, interpersonal and presentation skills
  • Customer oriented mindset with high sense of accountability
  • Dedicated, self-motivated, proactive, and high energy individual with strong desire to exceed expectations
  • Your future job location offers you Flexible work time options, benefits and services, medical insurance, sports and health opportunities, on-site parking, pantry facilities, access to local public transport, recreation room.N

Job Details

Industry:
Total Positions:
35+ Posts
Job Shift:
First Shift (Day)
Job Type:
Full Time/Permanent
Job Location:
Gender:
No Preference
Minimum Education:
Diploma
Career Level:
Experienced Professional
Minimum Experience:
5 Years
Apply Before:
Jul 15, 2018
Posting Date:
Jun 15, 2018
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Robert Bosch Middle East

Engineering - Jeddah, Riyadh