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Senior Financial Analyst- Finance- Dubai

3 months ago

Dubai, Dubai, United Arab Emirates Al-Futtaim Group Full time

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group's entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Job description

A Finance and Planning Senior Analyst is responsible for providing financial analysis, forecasting, budgeting, and reporting to support the strategic and operational goals of an insurance company. The Senior Analyst will work closely with the finance and business leaders to identify opportunities for growth, efficiency, and profitability. The position reports to the Group President.

What you will do

  • Prepare and analyze monthly, quarterly, and annual financial statements and reports for the group and subsidiaries
  • Develop and maintain financial models and projections for various scenarios and initiatives
  • Assist with the annual budgeting and planning process and monitor actual performance against targets
  • Conduct variance analysis and provide insights and recommendations to management
  • Support the preparation of business cases, feasibility studies, and cost-benefit analysis for new projects and investments
  • Perform ad hoc financial analysis and research as requested by management or stakeholders
  • Ensure compliance with accounting standards, policies, and regulations

Required skills to be successful:

  • Proficient in Excel, PowerPoint, and financial modeling tools
  • Excellent analytical, problem-solving, and communication skills
  • Ability to work independently and collaboratively in a fast-paced environment
  • Attention to detail and accuracy

What equips you for the role:

  • Bachelor's degree in Finance, Accounting, Economics, or related field
  • Minimum 10 years of experience in Financial Analysis, planning, or reporting in a senior role in the insurance industry
  • Qualified accountant with professional certification (e.g. CPA, CFA, ACCA, etc.)
  • Strong knowledge of accounting principles and financial statements, especially IFRS 17
  • Currently reports to the CEO or to the CFO
  • Should have UAE insurance experience and available in UAE or insurance experience within the GCC countries

About Orient Insurance PJSC:

Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The Company is counted among the leaders in the UAE insurance market. Orient Insurance Company has a paid-up capital of AED 500 Million which is the highest in the insurance industry in UAE. With head office in Dubai, the company serves its clientele through an extensive branch network in Jebel Ali, Abu Dhabi, Al Ain, Sharjah and Ras Al Khaimah in UAE, Muscat in Sultanate of Oman and Bahrain.

For further information, and to apply, please visit our website via the "Apply" button below.