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Financial Analyst

Job ID REF36831X Date posted 12/12/2024 Location Qatar Category Finance / Finance control

Financial Analyst

For 170 years, Veolia has been a global leader in providing water, energy, and waste management solutions. Serving public authorities and industries across 58 countries, our comprehensive services are essential to human development and sustainable growth. As we progress alongside economic growth and human development, we continuously adapt and innovate, designing solutions that positively impact the environment and conserve resources.

Veolia focuses on local solutions to purify and preserve vital resources, mitigate resource depletion, decarbonize lifestyles and production methods, and adapt to the impacts of climate change.

Our mission is to build a better 21st century, and we proudly identify as #resourcers.

Key figures of Veolia Near and Middle East

  • Over 3,600 employees in the Middle East (in addition to the nearly 6,000 employees for Enova, which reports directly to Veolia Africa Middle-East for Facility Management and Energy Efficiency contracts in the region)
  • A robust local network across the region, including the UAE, Oman, Qatar, Bahrain, Kuwait, Lebanon, Turkey, Jordan, and Saudi Arabia
  • 40 years of sustainable partnerships

In the Middle East, Veolia collaborates with industries, governments, communities, and commercial businesses to deliver innovative and sustainable solutions needed today, while maintaining a vision for tomorrow. Through public-private partnerships and innovative contractual schemes, Veolia is dedicated to achieving measurable results with pragmatic, sustainable environmental solutions.

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Context

In Qatar, Veolia works with a government entity to deliver innovative and sustainable solutions that are needed today, with the vision required for tomorrow. 

● 400 employees 
● Revenue: 80 millions Euros 

The Financial Analyst works collaboratively with various teams to analyze and provide insights into financial data, supporting informed decision-making. Responsible for financial forecasting, budgeting, and reporting, as well as analyzing financial performance metrics including revenues, costs, and margins. Ensures the integrity of financial data, supporting the preparation of accurate financial statements in line with accounting standards. Double check PO (Purchase Order) allocation to the right dimension and GL (General Ledger). The Financial Analyst works collaboratively with various teams to analyze and provide insights into financial data, supporting informed decision-making. Responsible for financial forecasting, budgeting, and reporting, as well as analyzing financial performance metrics including revenues, costs, and margins. Ensures the integrity of financial data, supporting the preparation of accurate financial statements in line with accounting standards. Double check PO allocation to the right dimension and GL.

The following tasks are indicative and may evolve in coordination with the manager.

  • Support the preparation of budgets, financial forecasts, and performance analysis in collaboration with other departments.
  • Analyze financial data to monitor performance against budgets, highlighting variances and trends.
  • Assist in ensuring that revenue recognition complies with IFRS 15 standards.
  • Analyze invoices and claims from suppliers, vendors, and subcontractors to ensure expenditures are properly recorded.
  • Participate in the month-end and year-end close processes, ensuring accurate and timely financial reporting.
  • Conduct detailed financial statement analysis, identifying key financial KPIs and trends.
  • Monitor working capital and provide insights into cash flow and liquidity management.
  • Provide insights into market trends and other factors that could impact cost efficiency and financial performance.
  • Actively contribute to identifying cost-saving opportunities and recommending improvements.
  • Collaborate with teams to ensure maximum profitability and financial efficiency without compromising quality.
  • Assist with financial modelling and ad hoc financial analysis as required by management.
  • Assist team in PO correction and control to be matched with the right financial dimension

Bachelor’s/Master’s in Finance, Accounting, Economics, or a related field with 3-7 years of experience in a financial analysis role, preferably in a multinational environment or a similar industry.

Qualifications:

  • Strong understanding of financial reporting, analysis, and forecasting techniques.
  • Knowledge of IFRS and accounting principles.
  • Proficiency in using financial software (e.g., Microsoft Excel, ERP systems).
  • Experience with financial modelling and analysis tools.
  • Familiarity with budgeting and working capital management.
  • Knowledge of data analytics tools and financial reporting systems is a plus.

As an inclusive company, Veolia is committed to diversity and gives equal consideration to all applications, without discrimination.

As an inclusive company, Veolia is committed to diversity and gives equal consideration to all applications, without discrimination.

The preceding description is not designed to be a complete or exhaustive list of all duties and responsibilities that will be carried out by the selected candidate.

Veolia Middle East does not and shall not discriminate in any forms in its recruitment processes.