Business Analyst

Job description / Role

Provide financial support to the Controller and Operations Managers in order to ensure that each significant business decision is given proper financial consideration. This role could be product line focused or more project oriented within a geographic location. The role entailed going beyond the numbers to assess business trends, develop root causes of business issues and to identify opportunities for reduced costs and improved productivity.

Key Responsibilities
- Analyze and control investment (Capital Expenditures, Inventory, Projects, Days Sales Outstanding)
- Perform monthly reviews of Profit & Loss and Balance Sheet accounts, including business indicators such as profitability and liquidity
- Reporting and Consolidation of financial results for assigned business lines, including presentation of monthly analysis on costs and revenue
- Undertake financial planning, forecasting and monitoring of results versus objectives
- Ensure across-the-board implementation of standard finance practices
- Preparation and review of monthly balance sheet notes
- Identify weaknesses in internal control and initiate improvements
- Assess and highlight opportunities for increased cost efficiencies
- Develop and evaluate business or project financial metrics and drivers
- Analyze profitability of new business opportunities via contract reviews, bid support and evaluation of risk versus reward prospects
- Design and implement project controls
- Evaluate currency exposure
- Support mentoring and development of Accountants
- Assist in conducting surveys of departmental organization, management staffing utilization and procedures
- Participate in Internal Audit assignments and support fraud investigations
- Conduct financial training for field engineers and managers
- Assist with ad hoc reporting, analysis or projects as required

Requirements

- Solid background in finance and accounting
- Skills in strategic and analytical thinking with an ability to interpret data, solve problems and make decisions
- Ability to communicate and to support effective partnerships with Operations Managers
- Ability to conduct research and gather information
- Skills in oral and written communications and presentations together with interpersonal skills for supporting conclusions and recommendations made
- Skill in the effective use of relevant computer packages
- Ability to understand the business strategy and the financial aspects
- Ability to establish rapport with, and to influence, team members
- Excellent project management skills including the ability to lead, facilitate and organize
- 5 years in a financial role, preferably within the Oilfield Services industry.
- Must be male
- Arabic Speaker
- $5000 USD per month + housing allowance

Reports To:
Controller / Finance Director

About the Company

Oil and Gas exploration is evolving on a global scale, putting the need for specialist talent at the top of the agenda. Its a vast, political, complex, heavily candidate-lead market with the emphasis on dynamic, multiple project opportunities, rather than the pre-recession security of long-term positions.

For businesses, the need to innovate in emerging, competitive markets has put the pressure on and with major oil companies selling off their assets to smaller independent operators, the games gained plenty of new players too.