30 Oct
Dubai Holding
Dubai
Roles and responsibilities
- The job holder will managethe MIS Reporting, Budgeting and forecasting and recommend bestpractice for budgeting, MIS and reporting procedures and itssupervision to ensure financial control andprofitability.
KeyResponsibilities:
MIS:
- Prepare periodic and ad hocManagement Information Reports to provide Management with timelyand relevant information for making informed decisions to ensurethe effectiveness of the cost control within the company Developand maintain appropriate KPI information reportingsystems.
- Perform variance analyses of theactual results in relation to the budgeted figures to ensure KPIdelivery.
Investigate variances and prepare financial reviewsrecommending upward or business requirements. Analyze monthlyreporting related to operational performance, variances, andmetrics in order to forecast the budgetary exceptions during theoperating year.
Budgeting &Forecasting;:
- Develop budget plans and schedules inline with Group policies and procedures and execute the budgetaryplans in coordination with concerned departments to ensure smoothpreparation of budgets. Manager overall budget consolidation andsupport line manger to finalize budgetpack.
- Liaise between entity/department headsand finance team for collating the information required to developannual budgets. Support in monitoring its implementation and forany subsequent budget recalibrations or forecasts required by themanagement.
- Responsible for the upload ofbudgets to oracle and maintain budget re-allocationrequests.
- Contribute in developing Budgetary,IS and Project reporting policies, process, procedures,
forms andtemplates that ensure adequate budgetary controls and reportingstructure for overall company operations thereby ensuring the costadvantage in all its resource utilization and financialactivities.
Models &Tools;:
- Maintain financial models forbudgetary and business analysis to ensure accuracy of budgetaryassumptions.
- Develop and enhance budgeting,planning, controlling and reporting tools to minimize the varianceand to bring more accuracy in budgeting and reportingprocesses.
Systems:
- Provide inputs to the development andenhancements of Budgetary and MIS systems in coordination withother concerned department to ensure generation of budgetary/actual transaction, accounting and financial reports that arerequired to meet the businessobjectives.
- Maintain full control over theHyperion Budgeting software to ensure budgets are prepared,maintained and monitored accurately within the software. Identifyand raise any issues to the technical team forresolution.
Candidate Qualifications,Experiences & Skills :
- Bachelor’s degree inAccounting/Finance (CA/ACCA preferred).
- Minimumof 4 to 6 years’ experience in Finance with preferredexperience in real estateindustry/budgeting.
- Knowledge of ManagementInformation Systems.
- Advanced proficiency inMicrosoft Excel, including complex data analysis andmodeling.
- Well versed in SQL / databasemanagement, Enterprise Resource Planning (ERP) systems such as SAPor Oracle, Management Information Systems (MIS), Oracle and MSOffice Tools
- Ability to manage complex generalledger accounts.
- Proficient in financialreporting,
including balance sheets, income statements, and cashflow statements.
- Strong numerical andanalytical skills.
- Time Management andAttention to detail and quality.
Desired candidate profile
- FinancialAcumen : Strong understanding of financialprinciples, practices, and regulations, with the ability to analyzecomplex financialdata.
- Budgetingand Forecasting : Expertise in developing andmanaging budgets, as well as forecasting financial performancebased on variousscenarios.
- StrategicPlanning : Ability to align financial planning withthe organization’s long-term goals and strategies,providing insights fordecision-making.
- AnalyticalSkills : Proficiency in analyzing financial reports,identifying trends,
and making data-driven recommendations toimprove financialperformance.
- CommunicationSkills : Excellent verbal and written communicationskills to effectively present financial information and strategiestostakeholders.
- Leadership :Strong leadership and team management skills to guide and developfinancial planning teams, fostering a collaborativeenvironment.
- PerformanceMeasurement : Ability to establish and monitor keyperformance indicators (KPIs) to assess financial health andoperationalefficiency.
- RiskManagement : Understanding of financial risks and theability to develop strategies to mitigatethem.
- TechnologyProficiency : Familiarity with financial planningsoftware, ERP systems, and data analysis tools to enhance reportingand forecastingcapabilities.
- Cross-FunctionalCollaboration : Skills in working with variousdepartments, such as accounting, operations, and marketing, togather data and align financialstrategies.
- Problem-Solving :Strong problem-solving skills to address financial challenges anddevelop actionablesolutions.
- RegulatoryCompliance : Knowledge of relevant financialregulations and compliance requirements to ensure adherence infinancial reporting andplanning.
▶️ Financial Planning Manager
🖊️ Dubai Holding
📍 Dubai