Manager-Financial Planning and Analysis | Khidmah
A well-known and well-reputed Company based in Abu Dhabi, the 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 “Manager Financial Planning and Analysis”.
| Company Name | Khidmah |
| Qualification | Bachelors | Masters | CA | CMA | CPA | ACCA |
| Experience | 10 – 11 years of Relevant Experience Required |
| Monthly Salary | 22,000 AED – 25,000 AED |
| Employment Type | Full Time | Permanent |
| Company Size | 500 – 1000 Employees |
| Benefits | Medical Insurance |
| Location | Abu Dhabi |
JOB PURPOSE
Manage the financial reporting and implement the annual budgeting process and control all over the company, overseeing the accounting daily activities and maintaining the management reporting and department profitability.
ROLES AND RESPONSIBILITIES
Strategic Contribution
· Providing the top management with the reports & analysis needed to make the strategic decisions.
People Management
· Manage the effective achievement of assigned objectives through the leadership of the Budgeting & Reporting Finance section by setting of individual objectives, managing performance, developing and motivating staff to maximize sectional performance.
· Lead the talent development initiatives for the assigned section, collaborating with functional experts and thereby ensure the availability of talent to fit business requirements.
Budgeting & Financial Planning
· Implement the annual budget process for the company starting from sending the budget templates to the related departments until receiving the approval of the board and upload on the system
· Budget control over hiring staff and purchase requisitions and the custodian of balance sheet accounts reconciliation
· Consolidate and report the month end financial statements for Khidmah, which includes (consolidated trial balance, financial statements, actual vs. budget report at P&L item level, Executive Management Report to stakeholders)
· Working with the BD team on the renewal of current contracts and preparing the budget for the newly awarded projects
· Conduct monthly performance meeting with company directors subsequent to the month end closing to discuss their results for proper decision-making
· Conduct monthly pre-closing meeting with the associate directors and the managers to support the operation team with the financials during the monthly closing.
· Implement the activity based cost allocation of overhead departments and ensure proper allocation to the revenue-generated department for adequate financial reporting by division.
· Cooperate with external auditors while conducting quarterly audit review and annual audit.
· Ensure compliance with all company and financial policies and procedures.
Reporting
· Preparing the monthly management report to operation executive director.
· Implement the monthly progress report for the order book and pipeline projects.
· Preparing the variance analysis report which highlighting the favorable and unfavorable variances and the causes of this variances to enhance the profitability and mitigating the financial risks
· Prepare quarterly presentation for shareholder and board of directors for company performance and variance analysis.
· Support executive management with any ad-hoc or case study analysis.
Policies, Systems, Processes & Procedures
Manage and ensure effective implementation of departmental policies, procedures and controls covering all areas of assigned sectional activity so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.
QUALIFICATION
· 10 years of professional experience
At least 2 years in a management level.
EDUCATIONAL BACKGROUND
· Bachelor degree in Finance or related field.
· Master degree and/or postgraduate certificate (preferred)