Senior Financial Analyst

4 weeks ago


Sharjah, Sharjah, United Arab Emirates Precision Hire Solution Full time
Position Overview: The Financial Analyst will be responsible for reviewing financial statements, conducting financial analyses, and supporting the development of financial control policies and procedures. This role is crucial for analyzing the company's financial activities and history against budgets, enabling management to make informed financial decisions.

Key Responsibilities:
  • Develop a comprehensive understanding of financial reporting and general ledger structures.
  • Assist various departments by performing financial reviews and analyzing financial activities against budgetary expectations.
  • Review and maintain financial statements, including detailed trial balance reviews and related information.
  • Analyze route-wise profitability reports, identifying cost variations and revenue changes compared to other operational centers.
  • Examine balance sheets, cash flow statements, and other financial reports, discussing monthly health scores.
  • Assess the accuracy and completeness of accounting records and financial statements to ensure compliance with reporting standards.
  • Oversee month-end general ledger closing processes, including journal entries and reconciliations.
  • Evaluate budgets and forecasts on an annual and quarterly basis, incorporating any necessary revisions.
  • Analyze budget versus actual reports monthly, providing explanations for variances.
  • Respond to inquiries from senior management regarding financial results and special reporting requests.
  • Review consolidated accounts for overall compliance and audit requirements.
  • Support the establishment of financial control policies and procedures across all relevant functions.
  • Supervise the financial reporting team to ensure deadlines are consistently met.
  • Assist in the development and implementation of new procedures to enhance departmental workflow.
  • Conduct monthly reviews of financial data to ensure accurate month-end and year-end closings.
  • Support management with special projects and process improvement initiatives.
  • Collaborate with other department managers to achieve overall departmental goals.
  • Conduct in-depth studies to determine the costs associated with business activities.
  • Provide mentorship and guidance to team members for their professional development.
  • Create a positive working environment that fosters performance and engagement.
  • Ensure effective management of team performance through objective setting and continuous feedback.
  • Perform additional duties as assigned by management.
Qualifications:
  • Chartered Accountant with a minimum of 5 years of relevant industry experience.
  • Strong foundational knowledge in finance is essential.


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