Finance Analyst
McKinsey & Company
IT, Accounting & Finance
Riyadh Saudi Arabia
Posted on Oct 29, 2024
Finance Analyst
Job ID: 92815
Do you want to do work that matters, alongside supportive leaders who will help you grow faster than you ever thought possible? Are you a creative problem-solver who is energized by challenges? You’ve come to the right place.
Who You'll Work With
You will be based in our Riyadh office as an integral member of our Eastern Europe, Middle East and Africa (EEMA) Finance & Accounting team. You will support client service teams and the office leadership with managing the economics of our client engagements. You will work closely with partners, office leadership and multiple internal clients and you will report directly to the Manager of Finance & Accounting.
Your impact within our firm
You will support client service teams and the office with managing the economics of our Saudi Arabia client engagements throughout the full engagement lifecycle (review client engagements for appropriate budget and setup, monthly monitoring of revenue, fees and expenses and billing/accounts receivable). You will also analyze and provide reasoning for variances, forecast, and make appropriate recommendations.
You will provide general analytical support to the finance & accounting function across a broad range of areas.
You will perform daily activities for the Client Finance Team with responsibilities primarily in WIP (Work in Progress) and accounts receivable (A/R) management including billing, collections, and pricing analytics.
Your responsibilities are to ensure minimizing revenue leakage and ensure revenue integrity for EEMA through month-end revenue reconciliation against staffing records, monthly revenue reversal analysis, etc., implement new and streamlining existing procedures and ensure compliance with established revenue recognition policies. You will use financial reporting systems to create, manage and distribute regular monthly financial reports for office/function and effectively communicate results to office/function leaders.
Furthermore, you should also respond to colleagues’ inquiries on financial policies and tools (e.g., expense reporting tool); provide training on relevant tools, as appropriate and serve as liaison between local administrative personnel and shared service centers, as appropriate. You will also perform ad-hoc analyses and regional/global special project support as needed.
Your qualifications and skills
- Bachelor's degree, ideally in accounting or finance; CPA or MBA considered a plus
- 3+ years of experience ideally in a professional service environment
- Fluent in Arabic & English
- Advanced knowledge of Microsoft Excel and working knowledge of other Microsoft Office software
- Specialized functional knowledge as relevant (e.g., finance, accounting, audit, cash management, tax) and strong knowledge of finance systems
- Excellent organizational ability and keen attention to detail
- Ability to prioritize and manage multiple tasks
- Ability to perform well under pressure and meet time-sensitive deadlines
- Excellent analytic thinking and problem-solving skills
- Strong interpersonal and communication skills
- Excellent team skills and customer service attitude
- Ability to maintain confidential information
Please review the additional requirements regarding essential job functions of McKinsey colleagues.
FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.
FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites.
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Job Skill Group - N/A
Job Skill Code - FA1 - Finance Analyst (1)
Function - Strategy & Corporate Finance
Industry - Financial Services
Post to LinkedIn - Yes
Posted to LinkedIn Date - Mon Oct 28 00:00:00 GMT 2024
LinkedIn Posting City - Riyadh
LinkedIn Posting State/Province -
LinkedIn Posting Country - Saudi Arabia
LinkedIn Job Title - Finance Analyst
LinkedIn Function - Accounting / Auditing;Analyst;Finance
LinkedIn Industry - Accounting;Consumer Services;Financial Services
LinkedIn Seniority Level - Associate
Job Skill Code - FA1 - Finance Analyst (1)
Function - Strategy & Corporate Finance
Industry - Financial Services
Post to LinkedIn - Yes
Posted to LinkedIn Date - Mon Oct 28 00:00:00 GMT 2024
LinkedIn Posting City - Riyadh
LinkedIn Posting State/Province -
LinkedIn Posting Country - Saudi Arabia
LinkedIn Job Title - Finance Analyst
LinkedIn Function - Accounting / Auditing;Analyst;Finance
LinkedIn Industry - Accounting;Consumer Services;Financial Services
LinkedIn Seniority Level - Associate