23 Oct
Yellow Door Energy
Dubai
Yellow Door Energy was founded in 2015 in the UAE and Jordan, with the aim of providing sustainable energy solutions for commercial and industrial businesses. The company’s solar and energy efficiency solutions enable businesses to reduce energy costs, improve power reliability and lower carbon emissions.
This role sits with CARP (Control, Accounting, Reporting and Planning unit) within the Finance department. The Assistant Manager Financial Planning & Analysis is responsible for Financial Planning & Analysis activities and insightful analysis for the business along with P&L; control, managing budgeting and forecasting cycles. S/he will prepare monthly reports: external to 3rd parties (banks and shareholders)
and internal to the management team: collect updates from head of department, support the accounting team, managing the audit; collecting/shifting the financial info in NetSuite and tax regulations in the UAE - VAT filing every quarter. The function helps preparing expenses for planning and forecasting to be shared with the shareholders.
S/he works closely with all teams across the organization and directly with the executive leadership. She/he will report to the Financial Controller based in the UAE. This role was created at the end of 2020.
**Key Result Areas and Responsibilities**
Key Result Area 1: Financial Planning & Analysis:
- Regular liaison with other functions and countries for business related requirements, corporate queries, and management reports
- Co-ordinate monthly book closing activities, ensuring provisions booking/reversals, right booking of costs, capex capitalization.
- Lead the budget and forecasting exercise along with the finance team.
- Consolidate submissions from each department and compile the overall Overheads budget.
- Suggest and Initiate improvements in business processes to tighten internal control.
Key Result Area 2: Reporting
- Preparation of the monthly Board update including accounting updates.
- Prepare quarterly group consolidated Financial Statements.
- Prepare Standalone Financial Statements, as and when required.
- Prepare quarterly Investor report.
- Prepare the Flash Report at accounting close of every month.
- Prepare the Monthly Consolidated Financial MIS report.
- Prepare the Monthly Management Report.
Key Result Area 3: Tax and Compliance
- Support the accounting team with any UAE VAT related queries. Manage relationship with external advisor.
- Oversee the quarterly VAT filings. Review and submit the VAT Return on the FTA portal.
- Handle ESR & UBO filings for all UAE entities.
Key Result Area 4: Special projects
- Support Corp Finance team with ad-hoc requests (ex: Financial covenants tracking, assist in debt raising support).
Manage NetSuite related tasks (ex: Manage Chart of Accounts, Department-wise budget upload, IC approved budget upload).
**Requirements**:
**Technical Competencies and Experience**
Essential:
- Bachelor’s degree in Accounting or Finances.
- Minimum 5 years of experience, preferably in an FP&A; role.
- Sharp analytical mindset, flair for number crunching, and bringing out insights rather than just reporting numbers.
Preferred:
- Experience in renewable energy or infrastructure development sectors.
Qualified accountant (ACCA or equivalent).
**Functional Competencies**
- Good knowledge of IFRS concepts.
- Expert in financial reporting and analysis.
- Good experience in use of ERP systems.
- Clear and articulate communication skills, with fluency in English.
- Excellent IT skills, especially in MS Excel and PowerPoint.
- Business acumen - shareholder relations.
- Presentation skills (specifically of data).
**Job Types**: Full-time, Permanent