Overview
This person will report to the VP of Finance and will help to build, control, and report the company’s financial & strategic initiatives such as budgets, monthly financial reports, business plans, variances and various reports.
She /He will need to have a forward-looking view of the company financial outlook and provide recommendations as needed to guide the financials results to the expected targets.
Key responsibilities:
- Prepare annual budgets, forecasts, performance reviewing & management reporting
- Prepare and analyze quarterly forecasts of the company
- Prepare quarterly cash flow forecast for projects
- Understanding of Financial Planning in R&D/Engineering in high tech environment
- Prepare business plans/cases, feasibility & market studies to support the company’s overall strategy
- Build use/business cases and financial analysis to support the introduction of a new product/service on the market
- Understand budgeted cost basis for each project and recut actual costs as necessary from various sources to match the budgeted basis
- Review and approve spend commitments as deemed appropriate based on approved budget, and considering any cost management measures
- Work closely with program managers, directors, and division SVPs/VPs in analyzing costs, revenue, and profitability by project
- Track resources utilization by project/function
- Manage the production of and present monthly status reports to Management regarding revenue recognition, forecasting and contract status
- Present monthly status reports to EDGE Group as necessary, while understanding the crucial differences between Forecast/Budget vs. Actual
- Prepare monthly actual vs budget variances status reports (revenue and P&L) and other related project planning and controls documentation for the CFO and Management of the company
- Implement corporate dashboard and KPIs in Power BI
- Propose improvements to existing processes
- Support the implementation of new ERP systems
- Manage various data-driven streams across various team members while maintaining data interfaces to ensure consolidation integrity
Experience and Education:
- Master or bachelor’s degree in accounting, corporate finance, engineering or related field
- 5 -10 years of progressively responsible experience in financial planning and analysis coupled with experience in management or consulting practices
Key Skills:
- Strong business modelling & advanced analytics skills to handle complex financial and data models
- Strong business intelligence & corporate development skills
- Ability to be exact, thorough, and attentive to detail, while still meeting deadlines
- Ability to lead teams and work under pressure and short deadlines
- Excellent problem solving, diagnosis and analytical skills
- Possession of very strong sense of ownership and problem solving/solutioning in complex situations with several stakeholders
- Thoughtful financial modeling capabilities, including financial statements (P&L, Balance Sheet and Cash Flow), financial modeling, budgeting (short-term planning), business planning (long-term planning).
- Understanding of how information on early business indicators can be quickly developed to support decision making, steering/adjusting course and target achievement
- Strong systems aptitude and proficiency, including expert Excel and Power BI skills
- Able to manage multiple projects simultaneously with superior attention to detail
- Exceptional communication skills with ability to present analysis and findings in both verbal and written formats to all levels of management
- Responsible for forecast and variance analysis
- Ability to handle complex accounting topics (revenues recognition, actual vs budget, gross vs net, etc.)
- Knowledge of Reporting to both company Board of Directors, Corporate Management and further to EDGE Group
- Knowledge of ERP implementation and driving results, objectives and projects to completion
- Strong understanding of Data Warehousing processes and its key success factors is a big plus
About KATIM
KATIM is a leader in the development of innovative secure communication products and solutions for governments and businesses. As part of the Electronic Warfare & Cyber Technologies cluster at EDGE, one of the world’s leading advanced technology groups, KATIM delivers trust in a world where cyber risks are a constant threat, and fulfils the increasing demand for advanced cyber capabilities by delivering robust, secure, end-to-end solutions centered on four core business units: Networks, Ultra Secure Mobile Devices, Applications, and Satellite Communications. KATIM empowers organisations worldwide with the confidence that their mission-critical information and communications are private and secure at all times. Based in Abu Dhabi, KATIM accelerates digital advancement, nurtures next-generation talent, and curates advanced innovations to solve the most difficult digital challenges for its customers.