Financial Planning and Analysis Manager | Tecom Group
A well-known and well-reputed Company based in Dubai, 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 “Financial Planning and Analysis Manager”.
| Company Name | Tecom Group |
| Qualification | Bachelors Degree | Masters Degree |
| Experience | 5 – 7 years of Relevant Experience Required |
| Monthly Salary | 18,000 AED ā 25,000 AEDĀ |
| Employment Type | Full Time | Permanent |
| Company Size | 50-100 Employees |
| Benefits | Medical InsuranceĀ |
| Location | Dubai |
Provide Support in development of long term strategic business plan for the Group, responsible for preparation of monthly management packs, perform various financial analysis, monitoring actuals vs budget performance and provide detailed reports for senior management review on financial performance of the Group.
The position plays an integral role in consolidating Forecasts, Budgets and strategic plan of the Group plus providing financial information for various public announcements at DFM regarding quarterly results etc. Scope includes liaising with Business Operations / Support Functions like HR, IT Strategy etc
Financial Analysis
- Supports Business and Departments heads with in-depth analysis to provide direction pertaining to operating and financial performance.
- Analyzes complex financial information and reports to provide accurate and timely recommendations to management for decision making purposes.
- Leads detailed financial analysis of income statement, balance sheet and cashflow to understand drivers of past and future performance, risks and opportunities.
- Develops appropriate metrics for the business to measure growth, profitability, expense control and productivity; deliver innovative, high value-added financial information to the management team for strategic decision making.
- Provides support on ad hoc analysis/ projects as requested by the management.
Financial Planning, Budgeting and Forecasting
- Support the Planning & Budgeting process forĀ compilation, consolidation, and presentationĀ of business plan.
- Responsible for setting up the budgeting system for use and sending timely communication to all concerned departments and Business units to ensure the Budget is prepared and finalized as per the schedule.
- Obtains and analyzes the budget received from the various business units and critically examine accuracy, completeness and reliability of the information received and prepares the final presentation for management approval.
- Work with all department heads to finalize Budgets for all cost centers and back office functions.
- Responsible for uploading the approved budgets in Oracle and working on any necessary adjustments during the year.
- Support during the quarterly forecast process and preparing the consolidated reports for management review and approval.
Management Reporting
- Work on providing the financial data for public announcements at DFM for financial results of the Group
- Ensure compliance with all regulatory requirements for reporting applicable to public listed company
- Responsible for preparation of Board Presentations for Quarterly / Adhoc Board meetings
- Preparation of Monthly Management pack with detailed comments on monthly performance for presentation to GCEO and senior management.
- Coordinate with different departments / business units to collect data and ensure accurate reporting on all financial and operational metrics and key performance indicators; develop reports of critical insights and understanding of variances.
- Support in generating and delivering reports and analysis including, but not limited to monthly results reporting package which includes financial and operational actual results vs. budget, trends, growth, variance analysis, forecast vs. budgets etc.
- Works with Accounting and Finance teams to validate the accuracy and effectiveness of consolidated financial data.
- Develop and maintain the existing processes and tools to deliver accurate and timely management reports and financial information to support senior management in decision-making.
- Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses and capital expenditures and analyze causes of unexpected variance where required.
Special Report Requests
ā¢ Support the department with preparation of templates and reports for any new and special requests and in-depth reports to be shared with the management as requested.
Power BI Reporting
- Support the Head of Controlling and MIS in addressing Power BI operational and financial reporting requests by the Senior management or any other Power BI users.
- Coordinate with the relevant IT team to develop detailed Power BI templates if required.
Data Management
- Maintain and ensure all historical and current financial data for the Group is stored and maintained correctly within the system to conduct trend analysis and create reports when necessary.
- Work with Accounting and Finance teams to validate the accuracy and effectiveness of consolidated financial data.
Continuous Improvement
ā¢ Stay abreast of current and new reporting / regulatory requirements, financial technologies, tools and techniques that can be used within the Group to improve planning, monitoring, reporting and control.