Financial Analyst

Financial Analyst

The Buildings Efficiency Company (BEC) is a joint venture between SNC-Lavalin an International Integrated FM service provider operating in the GCC, and Ajyad Knowledge Company specifically created to deliver Operations & Maintenance Services on our Tatweer Schools PPP (Wave 1) Contract based in our new Project Office in Jeddah. 

We are currently seeking to recruit a Financial Analyst who has previously worked in an accounting / finance department, preferably in facilities management, to perform daily accounting and finance tasks.    

Job Description / Role

Reporting directly to the Finance manager the Financial Analyst will conduct financial reporting entries and other daily accounting tasks.

The Financial Analyst will be responsible for the following:

• Record and process journal entries to ensure all business transactions are recorded.
• Update accounts receivable.
• Processes supplier invoices; troubleshoots and resolves issues.
• Reviews all cheque processing and fund transfers.
• Review and process expense reports
• Prepares and submits subcontractors’ payment reports.
• Prepares monthly accounts reconciliations and resolve any outstanding items.
• Supports our Operations personnel and respond to any ad-hoc requests from them.
• Assist with reviewing of expenses, payroll records etc. as assigned.
• Update financial data in databases to ensure that information will be accurate and immediately available when needed
• Prepare and submit weekly/monthly reports
• Assist with other accounting projects
• Assist with preparation and coordination of the audit process
• Assist in the processing of balance sheets, income statements and other financial statements according to legal and company accounting and financial guidelines.
• Assist Finance Manager in the preparation of monthly/yearly closings
• Assist with implementing and maintaining internal financial controls and procedures

Job Requirements:

• Bachelors in Finance, Accounting, Commerce or related field.
• 3+ years’ work experience in core accounting function.
• Excellent English and Arabic written and spoken communication.
• Must demonstrate attention to detail as well as excellent organizational skills.
• Good understanding of accounting and financial reporting principles and practices.
• A strong knowledge of MS-Office, particularly Excel.
• Ability to handle multiple tasks under tight deadlines.

• Comfortable with ERP systems and knowledge of J.D. Edwards, in particular, is an asset.
• Ability to learn and understand the Contractual Payment Mechanism and the working within the QFM CAFM system to avoid unnecessary KPI performance deductions.
• Deputize for Finance Manager in times of its absence.
• Candidate must be a Saudi national.