Purpose:

Ooredoo Fintech is hiring a Finance Analyst to support with budget control and accounts payable activities.

Context:

As we scale up in operations, Ooredoo Fintech needs to develop leading cost control and accounts payable operations.

Role Accountabilities:

Taxonomy Development

• Collaborate with department leads to finalise standardized categories (e.g., Tech, Marketing, Operations).
• Ensure each category has clearly documented definitions and aligns with financial reporting requirements

Budget and PO Mapping

• Collect all open purchase orders and invoices from relevant teams.
• Convert legacy or ad-hoc categorizations into the new taxonomy.
• Validate data integrity and confirm correct budget lines for each PO.

Accounts Payable

• Oversee the end-to-end accounts payable (AP) cycle, from invoice receipt and verification to payment scheduling and reconciliation.
• Coordinate with vendors and internal stakeholders to resolve invoice discrepancies, maintain AP aging, and ensure timely and accurate payments.
• Implement controls to prevent payment delays and discrepancies, while maintaining strong relationships with suppliers.

Excel Tool Creation

• Design and build an Excel workbook that automatically:
• Summarizes each budget line, including PR balance, PO balance, and actual costs.
• Updates available budget by subtracting encumbrances (PR + PO) and actual spend.
• Flags potential budget overruns or variances.
• Create user-friendly features such as dropdown menus, pivot tables, or built-in analytics/visualizations.
• Automate data refreshes (e.g., via macros or external data links) where feasible.

Analysis and Reporting and Cost Control

• Periodically present budget utilization reports, highlight variances or risks, and propose corrective actions.
• Identify cost-drivers and monitor ongoing spend against targets, recommending cost-saving measures where appropriate.
• Collaborate with stakeholders to reconcile differences and update the model accordingly.
• Develop standardized cost control processes and continuously refine them for improved efficiency and transparency.

Process Improvement

• Recommend workflow optimizations—for instance, linking the Excel tool to purchase order systems for real-time updates.
• Document processes to ensure knowledge transfer once the contract ends.
• Enhance financial procedures related to budgeting, AP, and cost control to maintain compliance and operational excellence.

Key Performance Indicators:

• Accuracy of Mapping: Minimal errors or reclassifications needed once the new taxonomy is introduced.
• Timely Tool Delivery: On-time rollout of the dynamic Excel tool, with stable functionality and user acceptance.
• Budget Visibility: Stakeholders can easily monitor available vs. encumbered funds in real time.
• Data Integrity: Consistent and reconciled data across POs, PRs, invoices, and AP records (no significant discrepancies).
• AP Efficiency: Reduced invoice processing time, minimized late payments, and effective vendor relationship management.
• Cost Reduction/Containment: Measurable improvements in spend management through proactive cost control measures.

Experience:

• 3 – 5 years’ experience in finance or accounting roles, ideally within a fintech or technology context.
• Demonstratable skill in advance Excel (formulas, pivot tables, macros/VBA).
• Prior experience mapping and reorganizing accounting or financial data across multiple systems
• Experience handling P2P (Procure -to-pay) process and understanding encumbrances (PR, PO, Invoice cycle).

Minimum Entry Qualifications:

• Bachelor’s degree in Finance, Accounting or related field.
• Qualified Accountant (CA, CPA, ACCA, CIMA, CMA) – in order of preference.
• Solid accounting foundation – comfortable with GL structures, budgeting, accruals.
• Strong communication and stakeholder management skills to coordinate with cross-functional teams.

Personal Profile:

• Analytical Mindset: Enjoys digging into complex datasets to ensure accuracy and clarity.
• Detail-Oriented: Ensures data is mapped correctly and processes are thoroughly documented.
• Team Player: Collaborates well with procurement, operations, and finance teams.
• Proactive: Suggests improvements to the budgeting framework; identifies potential issues early.
• Adaptable: Thrives in a project-based, short-term environment and can deliver within tight timelines.