Job Description

Acwa Power

Senior Financial Analyst

Job id: 569613

13 Mar 2025

Job Location

Saudi Arabia

Experience

7 to 8 years

Qualification Level

Graduate

Job Function

Accounts / Tax / CS / Audit / Finance

Skillset

business and financial analysis skills

Jobseeker Nationality

Jobseekers from any country

Financial Analysis :

Consolidate and analyze financial data (budgets, income statement forecasts etc) taking into account NOMAC’s goals and financial standing, providing alternatives and recommendations to the management to improve financial performance.

Guide cost analysis process by establishing and enforcing policies and procedures; providing trends and forecasts; explaining processes and techniques; recommending actions.

Conduct business studies on past, future and comparative performance and develop forecast models to consult with the management to guide and influence long-term and strategic decision making.

Financial modelling :

Support the review of contracts and assumptions provided by the BD team during the bid phase and analyse the implementation of contracts, to ensure efficiencies and value adding opportunities can be identified and built it, to maximize the revenue from the projects

Collaborate with the Finance Managers of the projects, to get the updates on the respective Project Models on a periodic basis and ensure that Project Models are aligned with approved budgets.

Manage the long-term focus model of NOMAC by consolidating the O&M financial models of all plants and regularly update the model to ensure that NOMAC is getting the value as per their expectations.

Develop Financial Database & Dashboards :

Builds financial database by identifying sources of information; assembling, verifying, and backing up

Develop and Monitor Dash boards /performance indicators, highlighting trends and analysing causes of unexpected variance

Strategic Finance Initiatives :

Undertake the analysis for various strategic finance initiatives, and follow through on their implementation to ensure the objectives are achieved.

Support other teams (Corporate Finance) as required and help respond to bank requests for information and data in relation to approving corporate finance facilities for NOMAC and/or its project companies.

Self-Development :

Keep up-to-date with market developments in order to develop an understanding of various finance products and features.

Seek knowledge transfer from more experienced team members by closely shadowing them to gain technical experience in financing.

Policies, Processes, Systems & Procedures :

Adhere to all relevant organizational and departmental policies, processes, standard operating procedures, and instructions so that work is carried out to the required standard and in a consistent manner.

Continuous Improvement :

Contribute in the identification and implementation of change initiatives, programmes and projects in line with the organization’s standards.

Health, Safety, Security and Environment :

Adhere to all relevant health, safety, security and environmental procedures, instructions and controls so that the safety of employees and environmental compliance can be guaranteed.

Related Assignments :

Perform any other duties which the organization may require to be carried out.

6. QUALIFICATIONS, EXPERIENCE, & SKILLS:

Minimum Qualifications:

Bachelor’s Degree in Finance, Accounting, or Economics from a reputed international or local university, or similar equivalent education

Minimum Experience:

7-8 years of experience

Skills:

Strong business and financial analysis skills

Strong technical knowledge

Sector knowledge of infrastructure/energy/renewables

Basic understanding of the business value chain

Good communication, presentation skills

Strong understanding of the basics of capital and financial markets

Ability to work under pressure

Ability to understand financial models

High degree of rigor and attention for details

Able to work in multicultural environments and multidisciplinary team .

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