Manager Financial Planning Analysis

Roles and responsibilities

The role holder is responsible for managing all aspects of Management Reporting which includes periodical performance reporting for Dubai Holding Asset Management, its departments and business units, facilitating operational and financial KPI reporting, preparing management reporting packs, Power BI reports, specific reports requests and managing the historical and current financial database for Dubai Holding Asset Management.

Play pivotal role in Group business planning processes and provides value added financial/commercial analysis for management decision making.

Job Responsibilities:

Management Reporting

• Work with different departments / business units to ensure accurate reporting on all financial and operational metrics and key performance indicators; develop reports of critical insights and understanding of variances.
• Generate and deliver reports and analyses 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.
• Prepare quarterly business performance reports which includes projects update, overall cash flow updates for DHAM, score card updates and any unresolved critical audit findings in addition to the financial and operational actual results vs. budget, trends, growth, variance analysis, forecast vs. budgets etc.
• 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.
• Develop monthly and quarterly reports on all financial metrics and key performance indicators (KPIs) for DHAM and all business units.
• 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.
• Prepare the commentaries within the reports to support the financial / technical understanding of the reports and results.
• Prepare monthly management packs for Shareholders and include any necessary commentary for better understanding.
• Serve as the point of contact for any Power BI operational and financial reporting requests by the senior management or any other Power BI users.
• Develop templates for any new and special reports as requested by the management from time to time.
• Create new templates, generate reports on Power BI as requested by the management or users.
• Coordinate with the relevant IT team to develop detailed Power BI templates if required.
• Compile data relating to the financial elements and projects for the development and monitoring of scorecards.
• Maintain and ensure all historical and current financial data for the company is stored and maintained correctly within the system to conduct trend analysis and create reports when necessary.
• Work with the Accounting and Finance teams to validate the accuracy and effectiveness of consolidated financial data.

Financial Planning & Analysis

• Play pivotal role in DHAM corporate annual budgeting, quarterly forecasting, and 5 years plan Including P&L, Balance Sheet and Cash Flow.
• Works closely with Departments/Business Units leads to develop budgets and forecasts, identify business risks/ opportunities and advice department leaders and senior management in matters of budgeting, financial analysis and reporting.
• Obtains and analyzes the budget received from the various divisions/ units to critically examine accuracy, completeness and reliability of the information received and prepares a consolidated budget version for management approval
• Periodically monitors expenditure against approved budgets and reconciles / monitors budget variances to ensure on-target performance against budgets and minimizes overhead costs, and distributes reports to the respective Departments/Business Units
• Review the operational and commercial sustainability of the business plan assumptions and financial parameters and critical evaluation of the inputs from the operational heads, to ensure the submission of a robust business plan.
• Ensure the implementation of the cost efficient and effective mechanics to improve the overall profit contribution of the organization.
• Analyzes complex financial information and reports to provide accurate and timely recommendations to management for decision making purposes
• Develops tools and mechanisms to deliver various company analysis.

Desired candidate profile

• Masters’ degree in Finance, Accounting, or MBA Finance preferred.
• Minimum 8-10 years of Finance / Accounting experience preferably in a large retail / real estate conglomerate.
• At least 3 years in the Middle East within FP&A is preferred.
• Experience in system reporting (Oracle Hyperion, FCCS, PowerBi, Yardi) is most preferred.
• Strong knowledge across all financial aspects – budgeting, forecasting, planning, accounting, reporting etc.
• Excellent analytical skills that allow for interpretation of budgetary, financial, and related management information.
• Excellent writing skills sufficient to draft professional reports and correspondence that is clear and concise.
• Excellent interpersonal skills to work cooperatively with persons at all levels in the organization.
• Solid track record of producing highly accurate and timely analysis.
• Sound knowledge of FCCS, Power BI, Excel for Apps, Yardi preferred.
• Advanced critical thinking skills.
• Strong attention to detail, with ability to manage multiple projects and deadlines.
• Advanced MS Office skills especially MS Excel.
• Excellent written and oral English communication skills. Arabic would be an added advantage.