Finance Analyst

Reposted 2 Hours Ago
Be an Early Applicant
Riyadh
In-Office
Mid level
Internet of Things • Appliances • Manufacturing
The Role
The Finance Analyst will manage accounting tasks, support audits, ensure compliance with regulations, perform P&L analysis, and lead process improvements.
Summary Generated by Built In
Job TitleFinance Analyst

Job DescriptionAbout Signify

Through bold discovery and cutting-edge innovation, we lead an industry that is vital for the future of our planet: lighting. Through our leadership in connected lighting and the Internet of Things, we're breaking new ground in data analytics, AI, and smart solutions for homes, offices, cities, and beyond.

At Signify, you can shape tomorrow by building on our incredible 125+ year legacy while working toward even bolder sustainability goals. Our culture of continuous learning, creativity, and commitment to diversity and inclusion empowers you to grow your skills and career.

Join us, and together, we’ll transform our industry, making a lasting difference for brighter lives and a better world. You light the way.

More about the role

This is an exciting job opportunity for you to light the way as a Finance Analyst in Riyadh, Saudia Arabia with Signify.

  • Process daily assigned accounting tasks related treasury and general ledger which includes Month End Closure, Balance Sheet Account Reconciliation (Sub ledger vs General Ledger reconciliation)

  • Post Journal Entries in the general ledger, bank reconciliations and any other finance operations task.

  • Manage & Control Bank Guarantees and Letters of Credits process

  • Support the external Auditors for providing the information and requested samples related your area

  • Execute internal controls related to your scope in a timely and accurate manner and support audits with documentation and process descriptions.

  • Perform analysis on P&L and BS KPI (WOCA, Margin, SG&A etc)

  • Support Tax & Zakat activities alongside with the Tax manager.

  • Ensure compliance with accounting standards and regulations (Signify Accounting Principles, local regulations, directives) in line with IFRS.

  • Lead process improvement and optimization initiatives working with Finance and IT colleagues.

  • Ad-hoc assignment as necessary for the Company (automation, optimize bank accounts, time deposite with banks, cost saving etc .)

  • Problem solving, understanding root causes of issues, implementing countermeasures and embedding the new way of working

More about you

While we value and appreciate all applicants, we believe that the following experience and skills will be needed to shine brightly in this job opening:

  • Bachelor's degree in Finance or Accounting

  • 2-3 years of experience

  • Knowledge of local accounting regulations and legal & fiscal regulations; ability to apply them.

  • Knowledge of End-to-End Finance & Accounting processes.

Everything we’ll do for you

You can grow a lasting career here. We’ll encourage you, support you, and challenge you. We’ll help you learn and progress in a way that’s right for you, with coaching and mentoring along the way. We’ll listen to you too, because we see and value every one of our 30,000+ people.

We believe that a diverse and inclusive workplace fosters creativity, innovation, and a full spectrum of bright ideas. With a global workforce representing 99 nationalities, we are dedicated to creating an inclusive environment where every voice is heard and valued, helping us all achieve more together.

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The Company
Eindhoven
11,796 Employees

What We Do

Signify (Euronext: LIGHT) is the world leader in lighting for professionals, consumers, and the Internet of Things. Our Philips products, Interact systems and data-enabled services deliver business value and transform life in homes, buildings and public spaces. In 2023, we had sales of EUR 6.7 billion, approximately 32,000 employees and a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We have been in the Dow Jones Sustainability World Index since our IPO for seven consecutive years and have achieved the EcoVadis Platinum
rating for four consecutive years, placing Signify in the top one percent of companies assessed. News from Signify can be found in the Newsroom, on X, LinkedIn and Instagram. Information for investors is located on the Investor Relations page

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