Manager, Financial Planning (Commercial) (UAE National)

Manage the effective collaboration with the assigned business divisions; provide overall financial analysis and planning expertise and create an active partnership with both operations and management to handle all business finance affairs (budgeting, forecasting, analysis and advisory) in order to ensure all finance activities for the assigned business area is carried out accurately, timely and in compliance with the relevant standards and regulations.

Job Specific Accountabilities

Business Partnership and Advisory

Act as a business finance partner and a trusted advisor on business performance and strategic issues in the area, in order to create a real and active partnership that would add value to assist decision making.

Manage the development and maintenance of strong relationships with senior stakeholders in the assigned division in order to ensure these relationships, serve the best interest of the organisation and achievement of the strategy.

Provide financial expertise and contribute to the creation of key business performance indicators to measure plan results and overall performance.

Provide subject matter expertise to support business decisions by completing sophisticated analysis, exploring the impact of a broad range of business factors and presenting recommendations.

Lead the conducting of analysis and monitoring of organizational performance and perform quality control evaluations involved in departmental projects and corporate initiatives, recommend improvements, increase customer service levels and reduce operational risks.

Budgeting and Financial Planning

Manage the budgeting and forecasting cycle for the assigned business in collaboration with the business and Finance, in order to support in planning effective operations; challenge the assumptionsused in the budget and business plan by Business/Units and recommend adjustments for achievable targets.

Lead and guide the conducting of investigations of all actual budgets vis-à-vis forecasted values and identify any variances or gaps, to ensure these variances are corrected timely manner, in line with the Group financial policies.

Ensure effective collaboration with the business to maintain the existing cost allocation design, in line with business needs and to ensure compliance with external requirements.

Reporting and Analysis

Lead the provision of MI reports and forward-looking analysis on regular and ad-hoc basis in order to allow business managers convey ideas and concepts to an audience, understand market trends and ensure an efficient business operation.

Review and oversee the development of segment and product profitability reports in order to provide insight to business decision makers, determining the largest and fastest growing segments as well as their individual contribution.

Guide the effective understanding of the impact of financial reporting on the business performance across the team and ensure all required reporting is completed timely, accurately and in compliance with required standards.

Network proactively across the organization to identify factors affecting the business and reporting tools, as well as to conduct non-typical data gathering and identify process synergies.

Relationship Management

Lead the management of external relationships with Government and other institutions in order to ensure that the appropriate level of external services is obtained to the best advantage of company Distribution.

Requirements

Minimum Qualification

Bachelor’s Degree in Finance/ Accounting Management or equivalent.

Experience & Knowledge & Skills

10 years of experience, including at least 3 years in management positions within Finance.

Significant professional accounting and financial analysis/reporting experience

Knowledge of reputed financial / accounting systems

Knowledge of financial planning and budgeting

Specialisation in accounting and finance

Demonstrate analytical skills

Demonstrate internal and external stakeholder skills

Demonstrate the ability to communicate with senior stakeholders

Strong written and oral skills

Fluent in Business English

Professional Certifications CPA or ACCA is preferred.