Assistant Manager – Financial Planning and Analysis | National Central Cooling Company
A well-known and well-reputed Company based in Abu Dhabi, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of “Assistant Manager – Financial Planning and Analysis”.
| Company Name | National Central Cooling Company, Abu Dhabi |
| Qualification | Bachelors Degree (Accounting/Commerce) | ACCA | CPA |
| Experience | 5 – 7 years of Relevant Experience Required |
| Monthly Salary | 20,000 AED – 25,000 AED |
| Employment Type | Full Time | Permanent |
| Company Size | 50-100 Employees |
| Benefits | Medical Insurance |
| Location | Abu Dhabi |
JOB OBJECTIVE:
To produce monthly core chilled water results and summarize the key variances compared to budget and prior year. To organise a monthly meeting with plant managers and VP-O&M to know and get feedback on the variances. To organise and submit chilled water business plan on time with the required analysis, and VP O&M endorsement
KEY ACCOUNTABILITIES:
Monthly end process and reporting
- Prepare monthly performance analysis and operating reports for core business and profit centre and compare it against budget, Prior Year
- Extract and organize data from ERP
- Liaise with the Plant Managers to discuss the variance on month end results
- Update the Plant and Connected Load monitoring template
- Prepare and distribute the monthly reporting slides
- Prepare and file all support schedules for each profit center
- Prepare the Budget Monitoring with open commitment for Maintenance and Admin Costs
Quarter and Rolling 12months forecast
- Rolling monthly forecast up to year end (with actuals and forecast for rest of the year)
- Rolling 12 months Net Income and Quarter on Quarter analysis and report rolling EBITDA as per bank covenants
- Prepare and analyse the Revenue and its variances; Key ratios and its variances
- Incorporate the assumptions in a Plant by Plant Template and analyze the results
- Prepare a list of risk and opportunities associated with budget / rolling 12 months forecast
- Finalize the upload data and upload in JDE
5 Year Business plan
Meet with business heads and Plant Managers to discuss updates on target operational performances
To prepare the Revenue analysis by contract and plant
Updating Business plan Plant by Plant model
Consolidate the 5 year Business Plan inputs for consolidated P&L
Analyse and provide an insight into cost trend analysis, efficiencies comparison and Margin analysis
Prepare and Update Business plan (BP) model includes P&L and cashflow as per Treasury template
Budget Control Process
- Upload approved Budgets of Tabreed, Subsidiaries and other O&M operated companies
- Requisitions under Budget hold in JDE – to discuss with relevant business heads and release it, along with the observations
- Meeting with O&M VP on a weekly basis on Budget requisition under hold
Adhoc Reports and Others
- Evaluate profit and cost efficiencies in various areas of the organization as needed
- Develop, maintain and distribute as-hoc reports and financial models as needed
- Others as required by business needs
- Support the manager by proactively engaging in handling other areas of work in department as and when assigned or requested
Audit Queries
- Supporting external audit during quarterly, interim and annual audit
JOB REQUIREMENTS:
A. Minimum Qualifications:
- Bachelor’s Degree in Accounting or Commerce.
- Post graduate professional qualifications such as Chartered Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA) or equivalent is a must.
B. Minimum Experience:
- 4 -6 years of post-qualification experience in a similar role primarily in the Finance function in a large or complex organization.
- 1 year of direct supervisory experience would be preferred.