Senior Financial Analyst

Job title: Senior Financial Analyst

Company: International Mining Equipment Supplier

Location: Ulaanbaatar, Mongolia

Job Summary:

The Senior Financial Analyst will be responsible for providing financial analysis, reporting, and recommendations to senior management to support strategic decision-making. The successful candidate will possess strong analytical skills, attention to detail, and the ability to work independently in a fast-paced environment.

Responsibilities:

• Organize, oversee, and consolidate budget planning and financial forecasting processes.
• Prepare consolidated reports for three-year strategic planning activities.
• Monitor and analyze company results biweekly and submit the required reclassification for GL account and dimensions.
• Consolidates and performs consolidated variance analyses for results, budgets, and submits reports to departments monthly.
• Prepare and submit the monthly Finance report to respective stakeholders on time.
• Monitor the equipment sales deals and their collection status and report to related managers and directors weekly.
• Monitor and ensure customers' accounts receivable are within approved credit limits.
• Ensure that there are no customer accounts receivable over approved credit limits and report weekly.
• Prepare the credit analysis file for new equipment sales deals and the new credit limit requests from customers.
• Monitor the customers' receivables/payments and submit a weekly AR summary report with detailed explanations.
• Monitor cash balance daily and submit a report to respective stakeholders.
• Prepare a weekly cash flow forecast and suggest a further cash management plan.
• Prepare required industry analysis and identify potential risks.
• Monitor FX gain/loss daily and report current market trend, and suggest further plan
• Submit FX gain/loss summary report monthly and explain the highlights and key events for the month.
• Follow the FX market and suggest the FX hedging strategy based on the economic outlook.
• Submit required documents for TM Property and General Liability insurance policy renewal to SMS.
• Review and organize the contract approval for Fronting Policy renewal.

Qualifications:

• Bachelor's or higher degree in economics, business, finance, or accounting.
• More than 5 years of work experience as a financial analyst/ manager or economist.
• Able to manage resources, organize team members to get results on time.
• Requires excellent spreadsheet skills, as well as experience with computerized accounting systems.
• Requires excellent oral and written communication skills.
• Critical thinking and problem-solving abilities.
• Good knowledge of laws, government regulations, and legislation that affect the financial industry.
• Ability to act and operate independently with minimal daily direction and supervision to meet objectives.

Contact: +976 8024-6263; telmen@scc.mn