Business Analyst
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Avanceon is looking for Business Analyst who would be responsible for preparing analyzing and presenting financial and operational information to support strategic decision-making. The role ensures accurate cost analysis budgeting forecasting and performance reporting to improve profitability financial efficiency and business growth.
Key Responsibilities
- Prepare monthly quarterly and annual management accounts including variance analysis against budgets and forecasts.
- Develop and maintain rolling forecasts for annual operating plans.
- Support preparation of annual budgets departmental cost allocations and CAPEX/OPEX plans.
- Generate management dashboards and performance reports (P&L balance sheet and KPI summaries).
- Provide commentary and recommendations on financial performance cost trends and profitability.
- Collaborate with department heads to ensure financial results align with strategic goals.
- Analyze product project and service costs; monitor margins and cost variances.
- Support standard costing overhead absorption and cost-center budgeting processes.
- Identify inefficiencies and recommend process improvements to enhance profitability.
- Work closely with operations projects and sales teams to provide financial insights for key decisions.
- Provide analytical support for strategic initiatives such as digital transformation or ERP implementations.
- Ensure management accounts comply with internal policies IFRS standards and audit requirements.
- Maintain strong internal controls ensuring accuracy and integrity of financial data.
- Assist in internal/external audit coordination and documentation where needed.
Key Skills & Competencies
- Strong analytical problem-solving and reporting skills.
- Proficiency in Microsoft Excel Power BI and ERP systems (Business Central / SAP).
- Excellent understanding of budgeting costing and variance analysis.
- High attention to detail and ability to meet tight deadlines.
- Strong interpersonal and communication skills for cross-functional collaboration.
Qualifications & Experience
- Bachelors or masters degree in accounting Finance or Commerce.
- Professional qualification (ACCA / CMA / CIMA / CA finalist) preferred.
- 23 years of experience in management accounting FP&A or cost accounting.
- Experience in project-based or technology/engineering organizations is an advantage.
Performance Indicators (KPIs)
- Accuracy and timeliness of management reports.
- Budget variance within acceptable limits.
- Improvement in cost-to-revenue ratios.
- Quality of analytical insights and support to decision-makers.
- Compliance and audit readiness scores.
Required Experience:
IC
Key Skills
- SQL
- Agile
- Business Analysis
- Visio
- Waterfall
- Business Process Modeling
- Requirements Gathering
- User Acceptance Testing
- Business requirements
- SDLC
- Systems Analysis
- Data Analysis Skills
About Company
Kickstart Your Engineering Career with Avanceon! 🚀 🌍 Location: Saudi Arabia (Riyadh) 📌 Job Type: Management Trainee Program | Full-time🎯 Experience: Fresh GraduatesAre you a passionate and ambitious engineering graduate looking for the perfect opportunity to launch your career? Avance ... View more
