Finance Data Scientist - Business System Analyst

Overview:

We are seeking a seasoned “Business System Analyst” to serve in the role of “Financial Data Scientist” to join the Digital Solutions & Data Management Division of the Digital Finance Department.

Digital Finance Department (DFD) is responsible for the coordination, development, and management of information systems used in financial accounting, treasury, financial planning & forecasting, performance management and the entire suite of digital solutions for the Finance Business line. The department personnel are multidisciplinary professionals with key focus on Financial Applications functional experience and IT technical background.

The Business System Analyst’s primary role is to champion the identification, evaluation, design, coordinate implementation and facilitate rollout of Artificial Intelligence centric solutions in the Finance organization. The analyst will also lead implementation initiatives where required in addition to managing post implementation support.

The successful candidate will:

• pursue a robust value centric methodology to identify valuable opportunities enabled by AI/ML, Predictive/Prescriptive Analytics, Generative AI, Chatbots and other technologies.

• leverage best practices to recommend and advocate transformation of finance functions with AI.

• conduct exploratory data analysis, leverage AI algorithms to derive value for finance functions, such as for forecasting, anomaly detection etc.

• ideate AI solutions, develop scope, design and facilitate implementation of digital solutions, and coordinate change management.

• continuous upkeep and training of AI models to ensure integrity and traceability.

Duties and responsibilities:

• Design, develop, and implement AI-powered solutions to automate manual tasks, optimize processes, and enhance data-driven decision-making in Financial Accounting, Treasury, Performance management and Investor Relations.

• Work closely with business stakeholders to understand their needs, translate them into technical requirements, and deliver impactful solutions.

• Develop and maintain machine learning models for tasks such as financial forecasting, fraud detection, anomaly detection, risk assessment, and investor sentiment analysis.

• Clean, transform, and analyze large datasets from various sources to ensure data quality and prepare it for modeling.

• Stay up-to-date on the latest advancements in AI and machine learning, identify potential applications for the finance function, and propose relevant pilot projects.

• Communicate technical concepts and findings effectively to both technical and non-technical audiences.

• Participate in cross-functional initiatives to integrate AI and data science into broader business transformation efforts.

• Organize and facilitate workshops with different users and consultants to document processes and drive transformation.

• Lead the delivery and execution of key digital initiatives. Participate in solutions development through projects and programs, collaborating with business and technology groups.

• Maintain, support and optimize digital solutions.

Minimum requirements:

• As the successful candidate you will hold a Bachelor’s degree in Engineering, Computer Science, Mathematics, Statistics or IT from a recognized and approved program. Possession of an advanced business degree (e.g. MBA) and/or relevant professional certification (e.g. CMA, CFA, CPA) is desirable but not required.

• You will have six to eight years’ experience in Data Science, Artificial Intelligence and other related advanced analytics implementation of financial systems. Expertise in Python programming and libraries such as NumPy, pandas, scikit-learn, TensorFlow, or PyTorch is required. UI programming, such as with React, is required. Skills to leverage Google Cloud or Azure Cloud for advanced analytics is desirable.

• You will be able to demonstrate a thorough understanding of the various aspects of implementing AI systems in Finance including articulation and measurement of benefits, evaluation of technical and execution options, critical success factors, and project risks.

• You must have project experience implementing AI solutions and will be able to analyze the business requirements, evaluate and recommend technical options and support the execution process for implementing such solutions.

Benefits:

• Compelling remuneration package.

• Permanent Employment on an Indefinite Term Employment Agreement.

• The company's Incentive Plan: This is a broad-based annual and performance based incentive plan based on company and individual performance, base salary, and length of service during the plan year.

• Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country.

• Annual vacation: You can look forward to up to 38 calendar days of paid leave each year.

• Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service.

• Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company’s excellent education assistance plan for dependent children.

• Quality housing in company communities or a rental assistance allowance.

• Free medical care: We provide medical care via our subsidiary medical network or contracted hospitals and clinics.

• Free access to recreational facilities.

• Free scheduled transportation.

• Voluntary Group Life and Accident Insurance.

• Short-term income benefits.

• Death Benefit: The company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident.

• Career development opportunities.