Financial Planning Manager

دوام كامل في a Laimoon Verified Company في UAE
نُشرت يوم October 31, 2024

تفاصيل الوظيفة

Roles and responsibilities The job holder will manage the MIS Reporting, Budgeting and forecasting and recommend best practice for budgeting, MIS and reporting procedures and its supervision to ensure financial control and profitability. Key Responsibilities: MIS: Prepare periodic and ad hoc Management Information Reports to provide Management with timely and relevant information for making informed decisions to ensure the effectiveness of the cost control within the company Develop and maintain appropriate KPI information reporting systems. Perform variance analyses of the actual results in relation to the budgeted figures to ensure KPI delivery. Investigate variances and prepare financial reviews recommending upward or business requirements. Analyze monthly reporting related to operational performance, variances, and metrics in order to forecast the budgetary exceptions during the operating year. Budgeting & Forecasting: Develop budget plans and schedules in line with Group policies and procedures and execute the budgetary plans in coordination with concerned departments to ensure smooth preparation of budgets. Manager overall budget consolidation and support line manger to finalize budget pack. Liaise between entity/department heads and finance team for collating the information required to develop annual budgets. Support in monitoring its implementation and for any subsequent budget recalibrations or forecasts required by the management. Responsible for the upload of budgets to oracle and maintain budget re-allocation requests. Contribute in developing Budgetary, IS and Project reporting policies, process, procedures, forms and templates that ensure adequate budgetary controls and reporting structure for overall company operations thereby ensuring the cost advantage in all its resource utilization and financial activities. Models & Tools: Maintain financial models for budgetary and business analysis to ensure accuracy of budgetary assumptions. Develop and enhance budgeting, planning, controlling and reporting tools to minimize the variance and to bring more accuracy in budgeting and reporting processes. Systems: Provide inputs to the development and enhancements of Budgetary and MIS systems in coordination with other concerned department to ensure generation of budgetary/ actual transaction, accounting and financial reports that are required to meet the business objectives. Maintain full control over the Hyperion Budgeting software to ensure budgets are prepared, maintained and monitored accurately within the software. Identify and raise any issues to the technical team for resolution. Candidate Qualifications, Experiences & Skills: Bachelor's degree in Accounting/Finance (CA/ACCA preferred). Minimum of 4 to 6 years' experience in Finance with preferred experience in real estate industry/budgeting. Knowledge of Management Information Systems. Advanced proficiency in Microsoft Excel, including complex data analysis and modeling. Well versed in SQL / database management, Enterprise Resource Planning (ERP) systems such as SAP or Oracle, Management Information Systems (MIS), Oracle and MS Office Tools Ability to manage complex general ledger accounts. Proficient in financial reporting, including balance sheets, income statements, and cash flow statements. Strong numerical and analytical skills. Time Management and Attention to detail and quality. Desired candidate profile Financial Acumen: Strong understanding of financial principles, practices, and regulations, with the ability to analyze complex financial data. Budgeting and Forecasting: Expertise in developing and managing budgets, as well as forecasting financial performance based on various scenarios. Strategic Planning: Ability to align financial planning with the organization's long-term goals and strategies, providing insights for decision-making. Analytical Skills: Proficiency in analyzing financial reports, identifying trends, and making data-driven recommendations to improve financial performance. Communication Skills: Excellent verbal and written communication skills to effectively present financial information and strategies to stakeholders. Leadership: Strong leadership and team management skills to guide and develop financial planning teams, fostering a collaborative environment. Performance Measurement: Ability to establish and monitor key performance indicators (KPIs) to assess financial health and operational efficiency. Risk Management: Understanding of financial risks and the ability to develop strategies to mitigate them. Technology Proficiency: Familiarity with financial planning software, ERP systems, and data analysis tools to enhance reporting and forecasting capabilities. Cross-Functional Collaboration: Skills in working with various departments, such as accounting, operations, and marketing, to gather data and align financial strategies. Problem-Solving: Strong problem-solving skills to address financial challenges and develop actionable solutions. Regulatory Compliance: Knowledge of relevant financial regulations and compliance requirements to ensure adherence in financial reporting and planning.

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