415 Financial Stability jobs in the United Arab Emirates

We are looking to hire a Financial Planning & Reporting Analyst for a well-established client in Dubai, a leading holding group with interests in Retail, Luxury Automobiles, Real Estate, and Construction sectors .

The ideal candidate would be a Qualified CA with 4 to 8 years of relevant experience within similar sectors.

The salary for this position varies based on the candidate's experience and qualifications, in addition to other company perks.

Join to apply for the Financial Planning & Analysis Manager role at Emirates Electrical Engineering LLC

Join to apply for the Financial Planning & Analysis Manager role at Emirates Electrical Engineering LLC

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Every employee at Al Rostamani Group plays a role in making a real difference to the business and our customers. We care for our employees by offering them meaningful and purposeful work and an opportunity to grow, learn, contribute and succeed. Today, the Al Rostamani Group has come a long way since its birth in 1957. Our group has grown steadfastly with the guiding principles of Commitment, Care & Vision, alongside a strong sense of active involvement in the community. We are a well-diversified group, with a key presence in industries such as General Trading, Automobiles and Heavy Equipment, Travel, Foreign Exchange, Financial Services, Property Management, Construction, Infrastructure Development and Information Technology Services. Our Group employs approximately 2000 people from 41 different nationalities, which contributes to our multicultural and multi-national environment.

Emirates Electrical Engineering is a specialized business platform that provides comprehensive turnkey solutions combining development, financing, construction and operation of solar rooftops for commercial and industrial building in the UAE, also a responsive and flexible organization dedicated for the design and construction of turnkey electrical power projects such as High Voltage Substations, Cable Networks and Transmission Lines.

Job Purpose

The purpose of this role is to provide strategic financial insights and support to drive business performance and decision-making. This includes overseeing budgeting, forecasting, and best estimate processes, while developing and maintaining financial models to assess key performance indicators (KPIs) and financial metrics (KFIs). The role requires a deep understanding of macroeconomic factors to evaluate their impact on the business and the ability to communicate complex financial data through clear, concise business presentations and strategic summaries. By providing detailed explanations of financial models and their economic effects, this position ensures senior leadership can make informed decisions aligning with the company's financial goals and long-term growth strategy.

Job Responsibilities

• Budgeting & Forecasting: Lead and manage the annual budgeting process and periodic financial forecasts, ensuring alignment with business objectives and accurate financial projections.
• Financial Modelling: Develop, maintain, and enhance financial models to evaluate business performance, forecast future outcomes, and support decision-making.
• Commercial Modelling: Design and assist in client commercial modelling, building and fine-tuning models related to SPV, ESCO, MEP, and ESaaS businesses.
• KPI/KFI Monitoring: Track and analyse key performance indicators (KPIs) and financial key performance indicators (KFIs), providing insights to drive operational and financial improvements.
• Best Estimate & Analysis: Provide accurate best estimates for financial outcomes, incorporating relevant assumptions and macroeconomic factors to inform business strategy.
• Business Presentations: Prepare and deliver clear, impactful financial presentations to senior leadership, summarising financial performance, trends, and forecasts.
• Strategic Summaries: Prepare strategic financial summaries, offering actionable insights on financial results and the economic impact of business decisions.
• Macroeconomic Analysis: Monitor and analyse macroeconomic trends, assessing their potential impact on business performance and advising on strategic actions.
• Collaboration & Support: Collaborate with cross-functional teams, including finance, operations, and senior leadership, to ensure financial models and forecasts are aligned with business needs and objectives.
• Financial Reporting: Provide timely, accurate, and insightful financial reports to senior leadership, highlighting performance variances and recommending corrective actions when necessary.
• Continuous Improvement: Identify opportunities to streamline financial processes, improve forecasting accuracy, and enhance the overall efficiency of the FP&A function. Input and instance of ad hoc reports and analysis case by case
• Develop & Present Business Plans: Based on the collected data, prepare detailed business plans, present them to management for review and approval, and create business presentations focusing on the financial aspects of the plans.
• Conduct Periodic Review & Variance Analysis: Regularly review and update the business plan, performing variance analysis to identify discrepancies and recommend corrective actions. Prepare and present updated business forecasts in comparison with the original plan.
• Financial Feasibility Studies: Conduct financial feasibility studies for new ventures, providing management with detailed reports and recommendations to support strategic decision-making.
• Monthly Budget vs. Actuals Performance Reviews: Prepare and analyse monthly performance reviews, comparing budgeted figures with actual results for ongoing projects, highlighting variances and suggesting actions for performance improvements.
• Automation of back-office functions in SAP ERP, to PowerBI and management information systems
  
  

• Bachelor's degree in finance, Accounting, Economics, Business Administration, or a related field.
• Relevant professional certification (e.g., CA, CFA, CPA, CMA) is a must
  
  

• Must have a minimum of 7 to 10 years of work experience in Finance. In a similar role, the desired requirement is experience of 3 to 5 years.
  
  

• Must possess organisational communication and time management skills and the ability to adapt to changing environments quickly.
• Ability to effectively direct and supervise.
• Ability to analyse financial data and to prepare accurate reports in a timely fashion.
• Experience in using ERP systems (SAP), business intelligence and management reporting systems
• Excellent communication skills with stakeholders, clients, suppliers, vendors and site staff
  
  

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Finance and Sales
• Industries Renewable Energy Semiconductor Manufacturing

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Company: Al Rostamani Group of Companies LLC

Every employee at Al Rostamani Group plays a role in making a real difference to the business and our customers. We care for our employees by offering them meaningful and purposeful work and an opportunity to grow, learn, contribute and succeed. Today, the Al Rostamani Group has come a long way since its birth in 1957. Our group has grown steadfastly with the guiding principles of Commitment, Care & Vision, alongside a strong sense of active involvement in the community. We are a well-diversified group, with a key presence in industries such as General Trading, Automobiles and Heavy Equipment, Travel, Foreign Exchange, Financial Services, Property Management, Construction, Infrastructure Development and Information Technology Services. Our Group employs approximately 2000 people from 41 different nationalities, which contributes to our multicultural and multi-national environment.

Emirates Electrical Engineering is a specialized business platform that provides comprehensive turnkey solutions combining development, financing, construction and operation of solar rooftops for commercial and industrial building in the UAE, also a responsive and flexible organization dedicated for the design and construction of turnkey electrical power projects such as High Voltage Substations, Cable Networks and Transmission Lines.

The purpose of this role is to provide strategic financial insights and support to drive business performance and decision-making. This includes overseeing budgeting, forecasting, and best estimate processes, while developing and maintaining financial models to assess key performance indicators (KPIs) and financial metrics (KFIs). The role requires a deep understanding of macroeconomic factors to evaluate their impact on the business and the ability to communicate complex financial data through clear, concise business presentations and strategic summaries. By providing detailed explanations of financial models and their economic effects, this position ensures senior leadership can make informed decisions aligning with the company's financial goals and long-term growth strategy.

• Budgeting & Forecasting: Lead and manage the annual budgeting process and periodic financial forecasts, ensuring alignment with business objectives and accurate financial projections.
• Financial Modelling: Develop, maintain, and enhance financial models to evaluate business performance, forecast future outcomes, and support decision-making.
• Commercial Modelling: Design and assist in client commercial modelling, building and fine-tuning models related to SPV, ESCO, MEP, and ESaaS businesses.
• KPI/KFI Monitoring: Track and analyse key performance indicators (KPIs) and financial key performance indicators (KFIs), providing insights to drive operational and financial improvements.
• Best Estimate & Analysis: Provide accurate best estimates for financial outcomes, incorporating relevant assumptions and macroeconomic factors to inform business strategy.
• Business Presentations: Prepare and deliver clear, impactful financial presentations to senior leadership, summarising financial performance, trends, and forecasts.
• Strategic Summaries: Prepare strategic financial summaries, offering actionable insights on financial results and the economic impact of business decisions.
• Macroeconomic Analysis: Monitor and analyse macroeconomic trends, assessing their potential impact on business performance and advising on strategic actions.
• Collaboration & Support: Collaborate with cross-functional teams, including finance, operations, and senior leadership, to ensure financial models and forecasts are aligned with business needs and objectives.
• Financial Reporting: Provide timely, accurate, and insightful financial reports to senior leadership, highlighting performance variances and recommending corrective actions when necessary.
• Continuous Improvement: Identify opportunities to streamline financial processes, improve forecasting accuracy, and enhance the overall efficiency of the FP&A function. Input and instance of ad hoc reports and analysis case by case
• Develop & Present Business Plans: Based on the collected data, prepare detailed business plans, present them to management for review and approval, and create business presentations focusing on the financial aspects of the plans.
• Conduct Periodic Review & Variance Analysis: Regularly review and update the business plan, performing variance analysis to identify discrepancies and recommend corrective actions. Prepare and present updated business forecasts in comparison with the original plan.
• Financial Feasibility Studies: Conduct financial feasibility studies for new ventures, providing management with detailed reports and recommendations to support strategic decision-making.
• Monthly Budget vs. Actuals Performance Reviews: Prepare and analyse monthly performance reviews, comparing budgeted figures with actual results for ongoing projects, highlighting variances and suggesting actions for performance improvements.
• Automation of back-office functions in SAP ERP, to PowerBI and management information systems

Qualification and Experience Required

Academic Qualification/s

• Bachelor's degree in finance, Accounting, Economics, Business Administration, or a related field.
• Relevant professional certification (e.g., CA, CFA, CPA, CMA) is a must

Work Experience

• Must have a minimum of 7 to 10 years of work experience in Finance. In a similar role, the desired requirement is experience of 3 to 5 years.

Functional Skills/knowledge required

• Must possess organisational communication and time management skills and the ability to adapt to changing environments quickly.
• Ability to effectively direct and supervise.
• Ability to analyse financial data and to prepare accurate reports in a timely fashion.
• Experience in using ERP systems (SAP), business intelligence and management reporting systems
• Excellent communication skills with stakeholders, clients, suppliers, vendors and site staff

At Al Rostamani Group, we seek talented people who work hard to achieve great things. We consider not only your skills and experience, but also your passion for the role, your desire to learn and how well you align with our core values of care, commitment and vision. If this position represents an opportunity you wish to pursue, we invite you to apply.

• Develop and implement financial strategies to support business growth and profitability.
• Provide financial insights and analysis to drive decision-making across the organization.
• Lead the annual budgeting process, ensuring accuracy and alignment with strategic goals.
• Oversee regular forecasting to ensure real-time understanding of financial performance.
• Analyze financial results, including variance analysis, trends, and key performance indicators (KPIs).
• Present financial performance updates to senior leadership and stakeholders.
• Identify opportunities for cost savings and process efficiencies.
• Ensure effective allocation of resources to achieve financial and operational goals.
• Build, mentor, and lead a high-performing FP&A team.
• Foster collaboration across departments to align financial and operational objectives.
• Collaborate with business unit leaders to provide actionable insights and recommendations.
• Support strategic initiatives such as mergers, acquisitions, and new business opportunities.
• Ensure compliance with financial regulations and company policies.
• Oversee the preparation and delivery of accurate financial reports and presentations.

Company Description

Masdar is the UAE's clean energy champion and one of the largest companies of its kind in the world, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges. Established in 2006, Masdar is today active in over 40 countries, helping them to achieve their clean energy objectives and advance sustainable development. Masdar is jointly owned by Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company (Mubadala), and Abu Dhabi National Energy Company (TAQA), and under this ownership the company is targeting a renewable energy portfolio capacity of at least 100 gigawatts (GW) by 2030 and an annual green hydrogen production capacity of up to 1 million tonnes by the same year.

Job Description

To manage government budgeting and reporting (financial and operational) for various business projects including the management of all related stakeholder relations, budgeting, forecasting and treasury processes in order to ensure the provision of accurately and timely reports in line with relevant policies and procedures. To assist with the consolidation and reporting of financial and business performance against internal KPI's and plans and to administer manpower budgeting and forecasting process ensuring completion of information to be used in the consolidated business plan.

Responsibilities:

• Manage the design and preparation of monthly management reports for all the Government funded initiatives.
• Report on a monthly basis to the CFO and senior finance management on Government funded initiatives including any variances, highlighting any key issues and providing recommendations.
• Manage the preparation and submission to the Department of Finance (DOF) and Department of Energy (DoE) of all financial related returns monthly, quarterly and yearly and address any other ad-hoc requests from Government entities or related to Government funded initiatives.
• Ensure timely and accurate submission of all financial reports to the statistics centre on a yearly basis mainly being the Financial Investments Survey, Industrial and Economical Survey, Environmental, and R&D Survey.
• Manage any reporting to the Department of Economic Development (DED) and the Executive Council (EC) on a timely manner.
• Ensure that all transactions of ZSP & IRENA have been accounted for and accurately reflect all transactions.
• Review and analyse the transactions in the GL periodically, prepare required journals to reclassify entries to the correct account and project and review and process all sub-ledgers inputs (namely Account Payable) prior to month end deadlines.
• Work with project managers to ensure that accruals/provisions and prepayments are prepared and entered on a monthly basis and monitor the monthly costs on certain projects based on the activity code. Also, prepare activity reports based on actual cost details against the activity budget.
• Manage and prepare reconciliations along with supporting documents/schedules/information that are required for the monthly management file, quarterly and annual review by the external auditors and information required to support the group information uploaded to the shareholder.
• Manage the entire budgeting process for Government funded initiatives and liaise with the DOF to ensure alignment.
• Manage and lead all Government initiative budget submissions and approvals with DoE.
• Manage all monthly and quarterly submissions to DoE and ensure compliance with any imposed regulations and or instructions.
• Provide full guidance to Masdar management on all DoE and DoF budget matters.
• Lead, manage and prepare the DOF budget templates and communicate with the project managers on any new DOF/Abu Dhabi Executive Office guidelines.
• Lead and manage the Manpower Budget submissions of Government funded initiatives with Human Capital to ensure accurate manpower cost submissions.
• Manage, prepare and complete the DOF & Shareholders' Summary Budget templates for each of ZSP and IRENA.
• Prepare a quarterly drawdown forecast for ZSP & IRENA and share with treasury to ensure the timely drawdown of funds on a quarterly basis to maintain a positive cashflow.
• Review and challenge all budget submissions working closely with the project management, senior finance management and the C suite to ensure compliance with DOF guidelines.
• Manage and consolidate budgets of all Government funded initiatives.
• Maintain a year on year track of all actuals versus budgets for the Government funded initiatives.
• Lead and manage the quarterly and yearly forecast exercise with the PM's.
• Manage and coordinate budget review meetings with the C-Level and ensure any changes are reflected.
• Prepare the DOF budget templates and communicate with the project managers on any new DOF/Executive Council (EC) guidelines.

Qualifications

Preferred Experience:

• 6-8 years of experience in financial planning and reporting (preferable Government reporting), with at least 3-4 years working at a group financial planning and reporting level in large multi-national companies involving similar responsibilities and activities or equivalent experience.

Job-Specific Skills:

• Exceptional communication and interpersonal skills leading to a consultative approach within a corporate / multifunctional environment.
• Extensive knowledge of ERP environment.
• Extensive knowledge of International Financial Reporting Standards (IFRS).
• Extensive knowledge of various accounting processes and an understanding of internal controls.
• Extensive knowledge of international auditing standards.

Additional Information

Masdar is one of the world's fastest growing renewable energy companies and a green hydrogen leader, placing the UAE at the forefront of the energy transition. As a pioneer in advancing the clean energy sector and a key enabler of the UAE's vision as a global leader in sustainability and climate action, Masdar has developed projects in more than 40 countries across six continents and has invested, or committed to invest, in worldwide projects with a combined value of more than US$30 billion. Masdar unites the UAE's three energy champions – Mubadala, ADNOC and TAQA – and will utilize their combined expertise to fulfill its purpose as a global clean energy pioneer across renewables and green hydrogen. Promoting innovation in solar, wind, energy storage, waste-to-energy, and geothermal energy, Masdar has a proven record of delivering pioneering projects using cutting-edge clean energy technologies, that are commercially viable and bankable.

To manage government budgeting and reporting (financial and operational) for various business projects including the management of all related stakeholder relations budgeting forecasting and treasury processes in order to ensure the provision of accurately and timely reports in line with relevant policies and procedures.

To assist with the consolidation and reporting of financial and business performance against internal KPIs and plans and to administer manpower budgeting and forecasting process ensuring completion of information to be used in the consolidated business plan.

Responsibilities:

• Manage the design and preparation of monthly management reports for all the Government funded initiatives.
• Report on a monthly basis to the CFO and senior finance management on Government funded initiatives including any variances highlighting any key issues and providing recommendations.
• Manage the preparation and submission to the Department of Finance (DOF) and Department of Energy (DoE) of all financial related returns monthly, quarterly, and yearly and address any other adhoc requests from Government entities or related to Government funded initiatives.
• Ensure timely and accurate submission of all financial reports to the statistics centre on a yearly basis mainly being the Financial Investments Survey, Industrial and Economical Survey, Environmental and R&D Survey.
• Manage any reporting to the Department of Economic Development (DED) and the Executive Council (EC) on a timely manner.
• Ensure that all transactions of ZSP & IRENA have been accounted for and accurately reflect all transactions.
• Review and analyse the transactions in the GL periodically, prepare required journals to reclassify entries to the correct account and project, and review and process all subledgers inputs (namely Account Payable) prior to month end deadlines.
• Work with project managers to ensure that accruals/provisions and prepayments are prepared and entered on a monthly basis and monitor the monthly costs on certain projects based on the activity code. Also prepare activity reports based on actual cost details against the activity budget.
• Manage and prepare reconciliations along with supporting documents/schedules/information that are required for the monthly management file, quarterly and annual review by the external auditors, and information required to support the group information uploaded to the shareholder.
• Manage the entire budgeting process for Government funded initiatives and liaise with the DOF to ensure alignment.
• Manage and lead all Government initiative budget submissions and approvals with DoE.
• Manage all monthly and quarterly submissions to DoE and ensure compliance with any imposed regulations and or instructions.
• Provide full guidance to Masdar management on all DoE and DoF budget matters.
• Lead, manage and prepare the DOF budget templates and communicate with the project managers on any new DOF/Abu Dhabi Executive Office guidelines.
• Lead and manage the Manpower Budget submissions of Government funded initiatives with Human Capital to ensure accurate manpower cost submissions.
• Manage, prepare and complete the DOF & Shareholders Summary Budget templates for each of ZSP and IRENA.
• Prepare a quarterly drawdown forecast for ZSP & IRENA and share with treasury to ensure the timely drawdown of funds on a quarterly basis to maintain a positive cashflow.
• Review and challenge all budget submissions working closely with the project management, senior finance management and the C suite to ensure compliance with DOF guidelines.
• Manage and consolidate budgets of all Government funded initiatives.
• Maintain a year on year track of all actuals versus budgets for the Government funded initiatives.
• Lead and manage the quarterly and yearly forecast exercise with the PMs.
• Manage and coordinate budget review meetings with the C-Level and ensure any changes are reflected.
• Prepare the DOF budget templates and communicate with the project managers on any new DOF/Executive Council (EC) guidelines.

Qualifications:

Preferred Experience:

6-8 years of experience in financial planning and reporting (preferable Government reporting) with at least 3-4 years working at a group financial planning and reporting level in large multinational companies involving similar responsibilities and activities or equivalent experience.

Job Specific Skills:

• Exceptional communication and interpersonal skills leading to a consultative approach within a corporate/multifunctional environment.
• Extensive knowledge of ERP environment.
• Extensive knowledge of International Financial Reporting Standards (IFRS).
• Extensive knowledge of various accounting processes and an understanding of internal controls.
• Extensive knowledge of international auditing standards.

Additional Information:

Masdar is one of the world's fastest growing renewable energy companies and a green hydrogen leader placing the UAE at the forefront of the energy transition.

As a pioneer in advancing the clean energy sector and a key enabler of the UAE's vision as a global leader in sustainability and climate action, Masdar has developed projects in more than 40 countries across six continents and has invested or committed to invest in worldwide projects with a combined value of more than US$30 billion.

Masdar unites the UAE's three energy champions Mubadala, ADNOC and TAQA and will utilize their combined expertise to fulfill its purpose as a global clean energy pioneer across renewables and green hydrogen.

Promoting innovation in solar, wind energy, storage, waste-to-energy, and geothermal energy, Masdar has a proven record of delivering pioneering projects using cutting-edge clean energy technologies that are commercially viable and bankable.

Remote Work:

No

Employment Type:

Full-time

Our company is a global leader in professional services, with expertise in energy, chemicals, and resources. We partner with customers to deliver projects and create value over the life of their assets.

We're committed to bridging two worlds: moving towards more sustainable energy sources while helping to provide the energy, chemicals, and resources needed now.

• Verify EPC Contractor requests for payments, including required supporting documents and achievement of milestone events, and certify their entitlements for payments accordingly.
• Ensure that adequate information is supplied to verify progress claims against milestones and invoices submitted, including calling for further information to substantiate progress claims where necessary prior to payment by the Owner.
• Review EPC Contractors Invoices Progress Measurement and Forecasts and provide assessments to Project senior management.
• Review Project Business Plans and Execution strategies to provide input to strategic priorities Operating Budgets and cost forecasts.
• Review EPC Contractors nominated Subcontractors un-priced bid submissions for Progress Measurement and Reporting requirements.
• Ensure that PMC procedures for Estimating Progress Measurement and Forecasting are approved and implemented.
• Provide functional input to the review and approval of EPC Contractors invoices and Change Order proposals.
• Participate in Project risk reviews constructability reviews and value engineering workshops.
• Provide functional input to PMC weekly/monthly progress reports and presentations to the Owner and provide exception reports related to the overall Project Cost.
• Review EPC Contract close-out reports and performance evaluation reports and provide functional input to Project senior management
• Review PMC systems and procedures to provide functional input and support continuous improvement.
• Establish and implement Project statistical database for benchmarking purposes.
• Review Project short term and medium-term constraints and concerns to provide mitigation plans and corrective actions.
• Avoid or minimize the variations from EPC Contractor by taking proactive and preventive actions.
• Perform trend analysis on both schedule and cost for early identification of potential deviations and advise Owner of their implications.
• Evaluate EPC Contractor change orders/claims request for any Engineering equipment or materials and Construction extras as well as schedule extensions with recommendation to approve modify or reject.
• Prepare Project cost reports to Owner highlighting current expenditure commitments and forecast payments to the EPC Contractor.
• Participate in the preparation of Project progress reports addressing cost and schedule trends productivity and actions taken.
• Monitor exchange rates and source of funds
• Provide total financial reviews and job financial close out
• Review all necessary cost and schedule trending and reporting functions in respect of its services and ensure that EPC Contractor perform such activities related to the Project execution of the following requirements:
• Ensure the raising of necessary documentation as per Project approved procedure for Change Order requests covering any changes in scope.
• Review the detailed cost estimate prepared by EPC Contractor for all such Change Order requests and support documentation of the anticipated impact on cost and/or schedule.
• Ensure the execution of EPC Contractor scope of work according to the EPC Contract Price Terms and Conditions.
• Maintain up-to-date registers documenting status of Change Order requests as per the approved procedure.
• Ensure inclusion of cost and schedule trends prepared by EPC Contractor in formats approved by Owner as part of the Monthly Progress Report.
• Maintain records of associated cost for each Change Order.
• Review comment & approve EPC Contractor cost report and cash flow.
• Review updated Project budget cost estimate (if required) for cost monitoring and control.
• Prepare Project cost control & budget monitoring report.
• Perform the necessary cost estimates studies (as required).
• Participate in Value Engineering activities.

Bachelor's Degree in Engineering

Required Experience:

Prior experience as a PMC Consultant is mandatory

Desirable Experience:

Projects involving Gas Processing plants

Expertise Required:

Costing Tools and Software

Benefits:

Commitment to diversity, inclusivity, and respect

We provide equal employment opportunities to all qualified applicants and employees without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity, or expression, genetic information, marital status, citizenship status or any other basis as protected by law.

About Us:

We want our people to be energized and empowered to drive sustainable impact. Our focus is on a values-inspired culture that unlocks brilliance through belonging, connection, and innovation.

We're not just talking about it; we're doing it. We're reskilling our people, leveraging transferable skills, and supporting the transition of our workforce to become experts in today's low-carbon energy infrastructure and technology.

Responsible for assisting senior management in making critical business decisions by analyzing and presenting key financial data; oversee accounting procedures and preparing MIS reports. Support all financial planning activities including annual budget, mid-year forecast, Long range strategic planning and analyze financial information, and work with the business partners and regions to ensure alignment with strategic goals and objectives

Budgeting and Forecasting:

• Assist in Planning for the budget and publishing a budget calendar detailing the various tasks to be completed in co-ordination with the stake holder departments.
• Involvement in the annual budget development process for each fiscal year, which includes collaborating with stakeholders to develop the annual and multi-year budgets
• Collaborate with the HODs to develop the authority's budget by publishing the templates, agreeing on the various revenue, OPEX & CAPEX assumptions, providing guidance on filling the templates and follow-up with departments until the final submission.
• Set up review meetings with the HODs along with the line manager & Finance Director to challenge the assumptions in the budget (Revenue, OPEX & CAPEX) based on prior year trends and strategic plan and agree on the final targets.
• Consolidating the templates to prepare the full budget pack with Income statement, balance sheet, cashflow & other required schedules.
• Setup review meetings with the line manager and Finance Director to agree on the submissions and prepare the budget presentation highlighting the variances with prior year.
• Communicating and agreeing the revenue and OPEX targets with all relevant stake holders if there are any iterations from the management or the board.
• Collaborate with the line manager and Finance Director on achieving company's long-term financial planning objective
• Update reporting requirements from IDO and any other external stake holders.
• Assist in performing financial forecasting, reporting and analyse data to create multi-year financial sustainability models for planning and decision support.
• Develop financial models to support valuation, planning & forecasting
• Develop, document and periodically update business processes and budgeting policies of the Authority to maintain and strengthen internal controls

Decision support analysis & project evaluation:

• Detailed performance commentary on the periodic financial results (monthly/YTD) of the authority
• Preparation of monthly P&L of all the buildings of RAKEZ by collaboration with developmental & leasing teams by showing both revenues & OPEX.
• Prepare variance analysis at organisational & departmental level detailing the reasons on the variances in revenue, OPEX & CAPEX after discussion and agreements with the departments.
• Review business case analysis for new products, markets & marketing plans to support other departments. .
• Review sales incentive plan design and control
• Support commercial, CX & strategy department by preparing financial impact study for pricing analysis, promos and price alignment.
• 'What if" and sensitivity analysis for CAPEX analysis and decision making.
• Provide accurate insights while preparing the authorities board and Ex-co reports.

Business Partnering:

• Closely co coordinating, building partnerships and maintaining strong relationships with all HODs and their teams by providing support
• Support in the department's budget preparation, usage, allocation and monitoring
• CAPEX/Asset related issues and PR creation support
• Pricing related studies and support
• Variance analysis for the departments operating expenses.

MIS:

• Prepare the monthly CEO management pack with analysis of financial performance providing insights into revenue, SOV, OPEX, CAPEX and key performance indicators.
• Prepare the monthly board pack with analysis of current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses and capital expenditures
• Assist in monthly CAPEX tracker highlighting the progress of each project against the forecast detailing the various milestones achieved within the project after discussing & agreeing with the relevant stake holders.
• Monthly departmental variance report highlining the performance during the period.
• Monitor performance indicators, highlighting trends and analysing causes of unexpected variance
• Ad-Hoc reporting and analysis
• Prepare board & Exco presentations as and when required

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Educational Qualifications:

• Bachelor's degree in Finance /Accounting.

Years of Experience:

• Minimum 3 to 4 yearsof experience in Budgeting & reporting.
• Accountancy qualifications (ACA/ACCA or equivalent).
• Expertise in ERP.
• SAP & SAC skills required

Other requirements:

• Fluent in English and Arabic (preferable)
• Commercial awareness, with an interest in business and an understanding of how an organisation works and manages resources.
• High level of numeracy.
• Ability to explain complex financial information in a clearway to different levels.
• Professionalism and commitment.
• Excellent oral and written communication skills
• IT proficiency.
• Project management skills.
• Strong interpersonal and teamwork skills, with the ability to work with colleagues at all levels including non-finance members of staff.
• Lively and enquiring mind with a logical approach to work, combined with analytical and problem-solving skills.
• Organizational skills with the ability to work under pressure and to deadlines.
• Stamina and motivation to balance the demands of work and study.

Key Responsibilities:

• Timely financial reporting
• Budgeting and variance analysis
• Forecasting

• Proficient in Microsoft Office, particularly Excel
• Strong analytical and problem-solving skills
• Excellent communication and presentation skills
• Bachelor's degree in Accountancy or Chartered Certified Accountant

We offer a dynamic and supportive work environment that fosters growth and development. Our team is committed to delivering high-quality results and exceeding expectations.

This full-time position requires managing MIS and business analysis, preparing daily statistics and revenue reports, and preparing annual budgets. The successful candidate will also support management in cost control measures and prepare doctor variance analysis reports. They will be responsible for monitoring financial projections, trends, and forecast MIS reports.