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Financial Business Analyst

Location
Muscat, MASQAT, Oman, Oman

Posted on
Feb 12, 2023

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Financial Business Analyst

Muscat - Oman

Job Tile: Financial Business Analyst

Location: Muscat, Oman

Job Summary:

The Division GeoUnit Business Analyst is responsible for accounting, reporting and consolidating financial results for the Division within the GeoUnit. This person provides financial support to the Division GeoUnit Controller and Managers by assessing business trends, developing root causes of business issues, complying with Division's accounting practices and identifying opportunities for reduced costs and improved productivity/efficiency. The Division GeoUnit Business Analyst is responsible for accounting, reporting and consolidating financial results for the Division within the GeoUnit. This person provides financial support to the Division GeoUnit Controller and Managers by assessing business trends, developing root causes of business issues, complying with Division's accounting practices and identifying opportunities for reduced costs and improved productivity/efficiency.

Roles and Responsibilities:


Analyze Customer Contract Commercial Performance.
Validate Revenue Recognition Criteria.
Develop Income Before Tax Forecast.
Review Contract Profitability.
Monitor and report on the Division’s key performance indicators and objectives within the GeoUnit.
Support the Division GeoUnit Controller in managing the profitability and cash generation of the GeoUnit.
Identify at-risk receivables and follow up with Sales and the customer to ensure overall reduction in receivables and days to invoice ratio.
Assist in review of key tenders (risks and opportunities), contractual terms and evaluate impact on contribution margin associated with pricing in bids vs. optimization of people/resources (i.e. FA, Inventory, M&S...).
Assist in monitoring the working capital for the Division within the GeoUnit; by understanding Materials Management processes to assess and track efficiency metrics, and optimization of inventory level.
Highlight trends in cost inflation and identify opportunities to save and reduce discretionary spend to Supply Chain.
Apply Division specific accounting complexities such as cost and revenue recognition as well as Division FPs.
Analyze utilization ratios for tools and people with a view to highlighting inefficient locations or Business Lines and identifying opportunities to maximize the value of resources.
Assist in coordination of quarterly and annual financial forecasts and plans.
Complete monthly financial reviews and reports, monitor results versus objectives, highlight underlying reasons for variances, and suggest corrective actions.
Ensure compliance with Sarbanes-Oxley requirements as defined in the risk control matrix.
Support internal and external audits.
Support the GeoUnit Tax organization with tax audit inquiries requiring business input, and ensure correct legal entities used for operations (sales & purchases).
Highlights business-related risks & exposures on Balance Sheet Exposure report, Inventory, Fixed Assets and key provisions.
Monitor and actively participate in management of Business activity and performance metrics managed by the Division.


Qualifications and Experience:


Bechelor or Master degree in (Finance, Accounting or Business Adminstration)
5 Years of specific experience in Finanical Analyst roles.
Basic knowledge of Fiancne systems such (SAP, CRM, PowerBI)
Strong communicatiion skills in both Arabic & English languages.
Candidates must be able to legally work and reside in Oman, without sponsorship.


About Us:

We are a global technology company, driving energy innovation for a balanced planet.

Together, we create amazing technology that unlocks access to energy for the benefit of all.

Our inclusive culture is the key to our success. We collaborate with our internal community of colleagues, alumni, and our valued external partners to support each other and achieve our goals. We aim to raise the bar high. We look for people who are committed to innovation and success and act with integrity to become and be a part of one of the most diverse group of experts in our industry, anywhere around the globe.

Global in outlook, local in practice – and with a united, shared passion for discovering solutions, we hire talented, driven people and support them to succeed, personally and professionally.

SLB is an equal employment opportunity employer. Qualified applicants are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or other characteristics protected by law.

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