Financial Analyst

Binding Partnerships
Jeddah, Saudi Arabia

Ref: MP927-17
Binding Partnerships

The Role

The Role

Role: Financial Analyst

Our client is a leading luxury brand company operating across the Middle East, is recruiting a Financial Analyst for its Retail business in Jeddah - Saudi Arabia.

Responsibilities include:

- Managing financially all the UAE based distribution companies by putting in place the adequate tools to ensure tight control and follow up.

- Analysing cash needs according to new projects & approaching Banks to ask for new or additional facilities:
* Balance sheet analysis (Fixed assets, Current assets, Liabilities & Shareholders Equity)
* D/E ratio analysis
* Monitoring of Bank covenants.

- Preparing a 12 month's Cash flow projection on a monthly basis to help Managers assessing their needs in terms of Cash for the coming new projects and taking the adequate actions to avoid unpleased situations.

- Interpreting financial figures included within the TDB & preparing financial reports on a monthly basis to help the Country Manager making economic or business decisions (Stocks, Receivables, Payables, divest of some brands and closing of bad performer's stores).

- Working on JV project from the initiation till the set up (Business plan model & coordination between all the departments to ensure a smooth progress of operations); Leading the project as a Coordinator between all the division managers (Logistics, Finance, HR, Administration, Management) involved from both sides to ensure the respect of the set up date.

- Setting up & developing new tools to closely control & follow up on business operations including inventory management, Collections & Payables, Marketing expenses.

- Participating actively in the budgeting process for all divisions and entities 3 times/year with the involvement of the division/general managers & accountants.



Candidates MUST have the following requirements:
- Bachelor's in Finance & Accounting
- MBA from a recognised business school (ideally top 20 school)
- Certification from any of the following: CA, CMA, CFA, ACCA from UK or US.
- Ideally speaks both Arabic and English fluently.

About the Company

About the Company

Binding Partnerships is an exceptional provider of executive search and bespoke recruitment solutions.

With offices located in Dubai and Abu Dhabi we are perfectly positioned to service the growing needs of clients and candidates across the Middle East.

By working in partnership with both our clients and candidates, listening to their needs, researching and then offering confidential, practical and informed advice and solutions we are able to build long-term relationships with the professionals with whom we work.
This Position is closed or expired