Senior Financial Analyst

About the Role

We are seeking a strategic and detail-oriented Senior Financial Analyst to join our Finance team. In this pivotal role, you will drive financial planning, analysis, and decision-making by leveraging advanced financial modeling, budgeting, and forecasting expertise. Your responsibilities will encompass a broad spectrum of financial activities, including investment analysis, project feasibility assessments, management reporting, and business performance evaluation. The ideal candidate will possess strong analytical acumen, the ability to distill complex financial data into actionable insights, and a proven track record in real estate development, investment, construction, or a related sector within Saudi Arabia.

Key Responsibilities

The Senior Financial Analyst will play a central role in shaping the financial strategy of the organization by fulfilling the following core responsibilities:

Financial Planning & Analysis (FP&A)

• Lead and contribute to the development of annual budgets, periodic forecasts, and long-term financial plans, ensuring alignment with organizational objectives and market conditions.
• Conduct in-depth variance analyses to compare actual financial performance against budgets, forecasts, and historical periods, identifying key drivers and trends.
• Develop comprehensive financial forecasts for revenue, operating expenses, capital expenditure, cash flow, and profitability, providing a clear view of future financial performance.
• Collaborate closely with business units to gather, validate, and challenge financial assumptions, ensuring accuracy and relevance in financial projections.
• Design and maintain financial KPIs and dashboards to monitor organizational and project performance, enabling data-driven decision-making.
• Proactively identify financial risks, opportunities, and emerging trends, and recommend strategic actions to mitigate or capitalize on them.

Financial Modeling & Business Analysis

• Develop and maintain sophisticated financial models to support strategic and operational decision-making across the organization.
• Perform scenario, sensitivity, and what-if analyses to evaluate the potential impact of different business assumptions and market conditions.
• Assess the financial viability of strategic initiatives, investments, projects, and business opportunities, providing clear recommendations to senior management.
• Conduct detailed analyses of profitability, margins, costs, and cash flows, translating complex financial data into concise and actionable insights.
• Support the development of business cases and strategic planning initiatives, ensuring alignment with financial objectives and organizational goals.

Real Estate Investment & Feasibility Analysis

• Develop and review real estate project feasibility studies and investment models, assessing the financial viability of potential developments and acquisitions.
• Analyze critical project assumptions, including land costs, construction and development expenses, selling prices, rental income, operating costs, financing structures, and project timelines.
• Calculate and evaluate key investment metrics such as IRR (Internal Rate of Return), NPV (Net Present Value), ROI (Return on Investment), ROE (Return on Equity), Payback Period, Profit Margin, and Development Yield.
• Perform sensitivity and scenario analyses to assess the impact of changes in sales prices, development costs, financing terms, absorption rates, and project schedules.
• Evaluate potential real estate acquisitions, developments, partnerships, and investment opportunities, providing strategic recommendations to support capital allocation decisions.

Management Reporting

• Prepare and deliver high-quality monthly, quarterly, and annual management reports, ensuring accuracy, consistency, and relevance for senior leadership and the Board of Directors.
• Develop executive-level financial presentations that clearly communicate key financial results, variances, risks, and opportunities.
• Design and maintain financial dashboards and performance reports to enhance management visibility and facilitate data-driven decision-making.
• Provide insightful commentary on financial performance, highlighting areas requiring management attention and strategic action.

Cash Flow & Funding Analysis

• Prepare and maintain cash flow forecasts at both the company and project levels, ensuring alignment with operational and strategic objectives.
• Analyze funding requirements, expected cash inflows and outflows, and liquidity positions to identify potential funding gaps.
• Evaluate alternative financing structures and their impact on project and company returns, supporting optimal capital allocation decisions.
• Assist in assessing debt structures, financing costs, and funding scenarios, ensuring alignment with financial objectives and risk management strategies.

Business Partnering

• Collaborate effectively with Finance, Development, Projects, Sales, Marketing, Procurement, and other departments to understand financial and operational performance.
• Challenge business assumptions constructively, providing financial insights that drive operational efficiency and strategic growth.
• Act as a trusted advisor to senior management, offering financial expertise and recommendations to support informed decision-making.

Qualifications & Experience

To excel in this role, candidates should possess the following qualifications and experience:

• A bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field; an MBA or professional certification (e.g., CFA, CPA) is a plus.
• A minimum of 7-10 years of progressive experience in financial analysis, FP&A, or a related field, with a strong preference for candidates with experience in real estate development, investment, construction, or a related sector in Saudi Arabia.
• Proven expertise in financial modeling, budgeting, forecasting, and investment analysis, with a track record of delivering actionable insights to senior leadership.
• Strong proficiency in Excel, financial modeling tools (e.g., Power BI, Tableau), and ERP systems.
• Exceptional analytical, problem-solving, and communication skills, with the ability to present complex financial information clearly and concisely.
• Demonstrated leadership abilities, with experience in mentoring junior team members and driving cross-functional collaboration.
• Fluency in English; proficiency in Arabic is advantageous but not required.