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Senior Financial Analyst

  • Location:

    Baghdad

  • Sector:

    Logistics

  • Contact:

    Steve Al-Bazy

  • Job ref:

    4223

  • Published:

    5 months ago

  • Expiry date:

    2024-08-29

mselect is looking to hire a Senior Financial Analyst for a logistics client in Baghdad, Iraq. Candidates must have a minimum of 5 years of relevant experience. Fluency in English and Arabic is a must.

KEY RESPONSIBILITIES

Financial Planning and Analysis (FP&A):
  • Prepare and oversee the budgeting process, including the development of annual operating plans and forecasts
  • Conduct monthly, quarterly, and annual financial analysis to assess company performance against budgets and forecasts
Reporting:
  • Generate comprehensive financial reports for senior management, including profit and loss statements, balance sheets, and cash flow statements
  • Provide detailed variance analysis to explain deviations from financial targets and budgets
Cost Analysis and Control:
  • Analyze and monitor logistics costs, including transportation, warehousing, and inventory management expenses
  • Identify cost-saving opportunities and efficiency improvements within the logistics operations
Strategic Planning:
  • Support long-term strategic planning by providing financial insights and recommendations
  • Evaluate the financial impact of potential business opportunities, mergers, acquisitions, and other strategic initiatives
Data Analysis and Modelling:
  • Develop and maintain financial models to support decision-making processes
  • Utilize data analytics tools to extract, analyze, and interpret large datasets, providing actionable insights
  • Revenue Management: Analyze revenue streams and profitability by service line, customer segment, and geographical region
  • Identify trends and opportunities to optimize pricing strategies and improve margins
Risk Management:
  • Assess financial risks related to logistics operations, including currency fluctuations, fuel price volatility, and supply chain disruptions
  • Develop and implement risk mitigation strategies
Capital Expenditure:
  • Evaluate capital expenditure proposals for logistics infrastructure and equipment
  • Conduct cost-benefit analyses and financial justification for capital investments
Stakeholder Communication:
  • Collaborate with operations, sales, and other departments to ensure alignment of financial goals with business objectives
  • Present financial findings and recommendations to senior management and executive teams
Compliance and Audit:
  • Ensure adherence to financial regulations and internal policies
  • Support internal and external audits by providing necessary financial documentation and analysis

REQUREMENTS
Education:
  • A bachelor's degree in finance, accounting, economics, business administration
Qualifications:
  • Very strong accounting background
  • Very strong finance experience with emphasis on cash flow management, invoicing, cost analysis, budgeting, and other financial modules that can be used in his scope of work
  • Very strong understanding of financial statements (Income Statement, Balance Sheet, Cash Flow)
  • Highly organized, and knows how to prioritize tasks
  • Will be working with an accountant, and will oversee his daily work
  • Excellent Microsoft Excel competency, and good Word, Powerpoint comprehension
  • Fluency in English and Arabic is a must
  • Very good email writing skills to communicate properly with clients and vendors via official communication platform (G Suite or Microsoft Outlook)
Technical skills:
  • Advanced Excel: Proficiency with functions, pivot tables, and macros
  • Financial Modeling: Expertise in forecasting, budgeting, and valuation techniques
  • ERP Systems: Experience with SAP, Oracle, JD Edwards, or Microsoft Dynamics
  • Data Analysis Tools: Proficiency in SQL and statistical software (eg, R, SAS)
  • Data Visualization: Skills in Power BI, Tableau, or Excel for clear data presentation
  • Accounting Software: Familiarity with QuickBooks, Sage; understanding GAAP and IFRS
  • Regulatory Compliance: Knowledge of financial regulations and compliance standards
  • Risk Management: Ability to assess and mitigate financial risks in logistics operations

*Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process.
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