Budgeting and Forecasting Specialist

5 days ago


Dubai, Dubai, United Arab Emirates Wazaf Human Resources Consultancies Co LLC Full time

Shape the future of financial operations at Wazaf Human Resources Consultancies Co LLC as a Budgeting and Forecasting Specialist. You will leverage advanced financial expertise to drive business growth, ensuring seamless execution of strategic initiatives.

We seek a highly skilled Finance professional to oversee budgeting, financial modeling, and cost analysis initiatives. This individual will generate insightful management reports, facilitate investment analysis, and enhance financial performance, utilizing diverse ad-hoc projects to foster continuous improvement.

Your Key Competencies:

  • Financial Modeling: Develop and maintain sophisticated financial models to support strategic decision-making.
  • Cost Management: Conduct thorough cost analysis to identify areas for cost reduction and process enhancements.
  • Investment Evaluation: Assess potential investment prospects and M&A opportunities.
  • Financial Reporting: Prepare and present comprehensive financial reports to senior management.

Your Profile:

  • A seasoned Financial Analyst with a strong educational background, preferably complemented by relevant certifications.
  • Proven experience in investment firms or international groups, boasting expertise in equity research and strategic analysis.
  • Fluency in financial ratios, IRR, WACC, and forecasting, alongside proficiency in Microsoft Excel and ability to work seamlessly with cross-functional teams.
  • Excellent communication skills, paired with adaptability and a willingness to learn new concepts.

Your Responsibilities:

Budgeting and Forecasting:

  • Develop and execute annual budgets and forecasts in collaboration with department heads.
  • Analyze actual versus budgeted variances to inform strategic decision-making.
  • Guarantee accurate budget uploads into the system.
  • Create and maintain intricate financial models to guide strategic initiatives and investment choices.
  • Conduct sensitivity analyses to evaluate the impact of various scenarios on financial outcomes.
  • Prepare comprehensive long-term plans for external submissions.

Management Reporting:

  • Present thorough financial reports to senior management, emphasizing key performance metrics and trends.
  • Regularly update department heads and key stakeholders on financial developments.

Cost Analysis:

  • Carry out in-depth cost analysis to pinpoint areas for cost reduction and process enhancements.
  • Engage with operational teams to understand cost drivers and implement cost-cutting measures.
  • Navigate the organization's funds requirements and working capital for its business units.

Investment Analysis:

  • Assess potential investment prospects and M&A opportunities.
  • Conduct thorough financial evaluations of potential investments, preparing corresponding proposals.
  • Track the performance of key equity holdings.
  • Determine the valuation of investments to verify impairment testing for auditing purposes.

Financial Performance Analysis:

  • Examine the financial performance of business units and departments.
  • Offer practical suggestions to boost profitability and operational efficiency.

Ad-Hoc Financial Initiatives:

  • Pursue unique financial projects and analysis as designated by the Finance Director or CFO.
  • Collaborate in implementing financial systems and tools to optimize processes.
  • Conduct industry-wide studies of prominent trends in the sector.
  • Undertake peer benchmarking to establish a strong foundation in business acumen.


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