Senior Finance Specialist Financial Planning ysis

2 weeks ago


Dubai, Dubai, United Arab Emirates Emirates Full time
  • Provide front line advice tocomplete the annual budget submission to Cost Centre holders fortimely completion of budget consolidation at a division level,demonstrating productivity improvements year on year. Provide backup evidence to Business Finance Managers/Finance Managers withdetailed analysis, in order to appropriately challenge budgetassumptions. Ensure that the budget focuses on KPIs for each partof the business and is aligned to the long termplan.
  • Collate information monthly of cashinflows and cash outflows that is incorporated into the modeldeveloped to report business specific cash-flow forecasts on amonthly 3 year rolling basis and perform analysis to reconciledeviations highlighting reasons for changes. Changes to cash flowmodel for new developments and periods are incorporated at theappropriate time when cash commitments are approved andknown.
  • Provide continuous hands-on guidance tobusiness managers in terms of financial awareness by educating onfinancial systems and procedures that govern best practices,specific to business domain cost and revenue drivers, buildingbusiness cases with financial terminologies such as Net PresentValue (NPV), and Return On Investments (ROI)etc.
  • Produce requisite reports - at regularspecified intervals and focus on diagnosis to provide - alternativesolutions for achieving change. (Reports include DCRs, MFRs, weeklyreports, revenue/cost reports and subject specific granular levelreports etc..,)
  • Generate and analyse periodicre-forecasts at the department (cost centre and profit centre)level and corporate level that will include the impact of any postbudget development, not originally planned e.g. unbudgeted routes,aircraft acquisitions, delayed recruitment etc. in order tohighlight the reasons for deviations.
  • Providefinancial information to the business managers to initiate workflowprocesses such as RFPs, P2P, ITSRs, MREs. recommending for approvalin line with pre-approved authority limits. Provide guidance tobusiness managers in new business initiatives to secure financiallyacceptable solutions, highlighting issues where new ventures andinitiatives impact existing finance processes, procedures andpolicies.
  • Perform financial accountingactivities (applicable in EK Engineering, Skywards, ServiceDelivery and Corporate Communications). Ensure adequate validationof invoices, accrual generation and reconciliations withappropriate analysis in order to justify accounting activities tointernal and statutory auditors.
  • Assist thebusiness in establishing end to end financial accounting proceduresconsequent to new initiatives or new information and provide datacapture for new analysis needs using appropriate changes to chartof accounts. Provide detailed analysis of new projects to becovered in the project register enabling effective communicationwithin Finance and in turn ensuring the business gets the bestoverall finance delivery.
  • Research and maintainupdated relevant benchmarking statistics on key performanceindicators of the business, competitors and industry, providinganalysis for opportunities to enhance revenue, reduce costs andoptimise resources. Provide support to the business in theevaluation of high value contracts to ensure financial risks areadequately covered.
KeySkills
Finance
Employment Type : Full-time
Department / Functional Area: FinancialPlanning
Experience: years
Gender: Male
Vacancy: 1

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