Financial Analyst (Construction And Engineering)

Job description / Role

Dar Engineering

Dar Engineering is a leading design and engineering consulting organization in Saudi Arabia engaged in power generation, electrical transmission and distribution, health care, and high-rise buildings.

Job Purpose

We are seeking a highly analytical and detail-oriented project financial analyst to join our dynamic team within the Enterprise Project Management Office (EPMO). This role is critical in ensuring robust financial oversight and reporting across major construction.

The ideal candidate will bring a strong background in project finance, cost control, and financial planning within the construction and engineering sectors.

Key responsibilities and deliverables:

• Develop comprehensive project budgets aligned with scope and timelines
• Prepare and analyze financial forecasts and variance reports
• Ensure adherence to budgetary constraints across all project phases
• Monitor and analyze project expenses including labor, materials, and subcontractor costs
• Identify and investigate cost overruns or inefficiencies
• Perform cost-benefit analyses and return on investment (ROI) assessments
• Generate regular financial reports for internal and external stakeholders
• Create and maintain dashboards and key performance indicators (KPIs)
• Support month-end and year-end financial close processes
• Assess financial risks and propose mitigation strategies
• Conduct scenario planning and sensitivity analyses to guide decision-making
• Review contracts to ensure accurate financial terms are tracked
• Assist in the preparation of progress billings and payment applications
• Coordinate with procurement and accounts payable on vendor payments
• Partner with field teams, project managers, and finance teams to align financial performance with project goals
• Support internal audits and regulatory compliance processes
• Manage and continuously update project cost tracking tools to ensure accurate and real-time financial data
• Utilize Excel, Power BI, and financial modeling software to perform detailed data analysis and support strategic decision-making

Qualifications and experience:

• 13+ years of experience in financial analysis within the construction or engineering industries
• Bachelor's degree in finance, accounting, construction management, engineering, or related discipline
• Good communication skills, both in presentation and documentation
• Attention to detail and ability to thrive in a fast-paced environment
• Excellent reporting, documentation, and coordination skills

Knowledge and functional competencies:

• Excellent organizational skills and the ability to multi-task
• Ability to prioritize competing work
• Self and team motivator
• Ability to be a team player
• Ability to work effectively with staff, associates, and internal and external constituents
• Alert and observant and looking for ways to improve processes
• Out-of-the-box thinker, creative, inventive, and adaptable to situations

Languages:

Excellent communication skills in English are essential.

What we offer:

• A chance to work alongside a high-performing, multidisciplinary team on iconic construction and engineering projects
• Collaborative and supportive work environment
• Competitive salary and benefits package
• An engaged and supportive team that is passionate about encouraging each other to succeed
• Work for a company that values their employees and recognizes their contribution

We understand that to accomplish our goals, we must work as a team and rely on the efforts of every team member. We want team members to start their day with a sense of purpose and end it with a sense of accomplishment.

To apply:

If you believe you have the skills, knowledge, and experience to fulfill this role, please submit your application online by clicking 'Apply'.

Dar Engineering is an equal opportunity employer committed to diversity, equity, and inclusion. All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, age, marital status, gender identity, disability, or any other characteristic protected by law.

What's next?

Once your application has been submitted and reviewed, our talent acquisition team will contact shortlisted candidates.

Our selection process typically comprises two interview stages per vacancy, ensuring a comprehensive evaluation while providing candidates with the opportunity to engage with two members of the hiring team at each stage. The initial interview is generally conducted virtually, while the final stage often takes place in person at the office, aligning with the role's location.

That said, we prioritize flexibility, tailoring our approach to accommodate the specific needs of both the position and the candidate.

Thank you for considering a career with us. We encourage you to regularly check for updates and explore future opportunities with Dar Engineering. Best of luck!

Company description:

Dar Engineering is a leading multidisciplinary consultancy firm providing design, architecture, engineering, project management, construction management, and planning services across a broad range of sectors. We assist national governments, international organizations, and private sector companies by delivering comprehensive solutions with global expertise.

About the Company

alfanar builds efficient energy systems & solutions of the present and sets up infrastructures for a brighter future.

We assist utility sector partners & customers in transforming cities into sustainable, habitable, and inclusive Smart Cities by harnessing renewable energy resources from wind, solar, and waste heat energy. Promoting the transition to a sustainable eco-conscious future.

Using world-class technologies, we develop unrivaled quality electrical solutions & products from our manufacturing facilities, to solve the world’s major energy challenges and make the world a better viable place.

Diligence, Efficiency, and Innovation are the key criteria our teams adopt in order to continuously provide effective solutions. We’re constantly equipping our teams with the tools they need to expand their horizons and reach higher grounds.

Being in an ever-changing environment with a crucial impact on their surroundings, our employees are nurtured to become keen thinkers with highly refined skills and a consistent outlook on the future, working together on finding the next big innovation.