Finance Account Specialist

A Saudi-based integrated solutions provider and GE Healthcare technology partner is seeking a Finance & Accounts Specialist to join their team onsite in Islamabad. The successful candidate will act as a trusted financial advisor to multiple Business Unit owners, the CFO, and the CEO, managing the end-to-end financial aspects of ongoing projects. This role involves hands-on financial management including revenue recognition, cost allocation, forecasting, and executive reporting. The position requires strong analytical skills, operational insight, and effective communication to influence strategic decisions and support business growth.

Key Responsibilities

Executive & Management Reporting: Prepare and present monthly management reports using PowerPoint for various business units, addressing the CEO, CFO, and Business Unit owners. Extract and analyze financial data from SAP and other systems, developing financial trends, KPIs, and visualizations in Excel and PowerPoint. Respond promptly to queries from senior leadership with clear, data-driven insights, maintaining a thorough understanding of each project’s financial status and its impact on the business.

Monthly Closing: Calculate and allocate salary expenses to ongoing projects, analyzing resource involvement to ensure accurate cost distribution. Coordinate with FP&A Director and CFO to finalize salary allocations as part of month-end closing. Ensure project cost allocations are accurately reflected in Project Controlling and financial reports, collaborating with the Finance team on revenue recognition by sharing signed Certificates of Completion (COCs) and related costs.

Deferred Cost Review: Prepare monthly deferred cost analyses for CFO review, presenting deferred costs by project with clear business rationale. Maintain supporting documentation and assess whether costs should remain deferred or be recognized based on project status.

Revenue Recognition: Work closely with Finance to coordinate monthly revenue recognition activities. Obtain and share signed Completion Certificates, identify costs to be liquidated or charged, and ensure alignment of project-level revenue and costs with month-end financial close.

Invoicing, Collections & Ad-Hoc Support: Collaborate with Project Owners to distribute invoices and follow up with Collections on payment status. Provide timely ad-hoc financial reports and visuals to Project Owners, FP&A Director, or CFO as needed.

Project Controlling & Financial Oversight: Maintain and update Project Controlling files for all active projects, ensuring accuracy of month-end expenses and revenues. Manage project-related financial data including timesheets, consultant expenses, travel & logistics, and third-party purchase orders. Review and approve third-party POs and new sales orders in SAP, integrating them into project financials. Maintain a comprehensive understanding of each project’s financial position and its effect on the business unit.

Forecasting, Budgeting & Variance Analysis: Own the budget versus actual process for all projects, closely monitoring sensitive projects. Drive forecasting by engaging with Project Owners, analyzing contracts, and challenging assumptions. Analyze budget variances monthly and escalate issues as necessary.

Digital Transformation & Visualization: Utilize Power BI to develop dynamic visuals and analyses for management reporting. While not mandatory, Power BI skills are highly valued as the department transitions toward this tool.

Required Qualifications

- 2 to 3 years of progressive experience in Project Controlling or Finance Business Partnering within a multi-project, multi-business-unit environment.
- Advanced proficiency in Excel (complex modeling, pivot tables, trend analysis) and PowerPoint (executive presentations).
- Strong English communication skills with the ability to clearly present complex financial data and defend analyses before senior leadership.
- Deep understanding of revenue recognition, deferred costs, cost allocation, project budgeting, and P&L management.
- Operational mindset with curiosity to explore project statuses, contracts, and operational challenges beyond the numbers.

Preferred Qualifications and Benefits

- Professional certifications such as ACCA, CA, or CFA are preferred.
- Experience with Power BI is an advantage.
- The role is based onsite in Islamabad with working days from Sunday to Thursday, 10:00 AM to 7:00 PM.

This position offers the opportunity to play a critical role in financial management within a leading healthcare technology partner, contributing directly to strategic decision-making and operational excellence.