Finance Manager

30 أغسطس، 2022

0 3 2 دقائق

Finance Manager

الوصف الوظيفي

Finance Manager | Group Finance | Dubai

JOB PURPOSE

This role will perform key Strategic, Controlling & Value generating function in EIT and Schools and will work closely with stakeholders to drive financial and commercial excellence. Group EIT is one of the largest Functional P&Ls at AFG Corporate Division (Annual spend of AED 300 M+). Schools also have a great focus on cost control and performance improvement.

He/she will manage, challenge and maintain financial processes & outcomes (Opex & Capex budgets, Cost allocations, MIS, Management Reporting and reviews). The candidate will be responsible for providing financial inputs, advice and support to stakeholders.

KEY ACCOUNTABILITIES

EIT – Budgets, MIS & Cost Allocation

Annual EIT budget preparation and submission
Monthly Financial analysis, MIS preparation (including forecasts) and review with stakeholders. Provide key observations / recommendations to Management. Consolidate and provide meaningful variance analysis and reporting (i.e. actual vs. prior year; actual vs. budgets, with reasoning etc.)
Deliver value added MIS with forward looking strategic insight which helps stakeholders to take corrective action and maximize value
Provide direction and assistance to other organizational units within EIT regarding accounting and budgeting policies and procedures, cost allocations and efficient control and utilization of financial resources
Ensure MIS reporting issues (if any, due to GL classification, FS grouping, cost allocation etc.) are fixed at source in SAP
Prepare EIT cost allocation budgets, liaising with divisions for sign-off, carrying out true-ups

Business case, Project Feasibility and Cost Benefit Analysis (CBA)

Preparing feasibility analysis for EIT transformation projects – ensure financial value generation to customers through effective cost optimization, scoping & sizing, appropriate phasing and resourcing (manpower, license, hardware, network costs etc.)
Review of EIT AFEs (Approval for Expenditure)
Monthly review of Project costs, Variance to budgets and reporting
Provide ad hoc analysis and reports (as needed)

Schools and AFEF

Review budgets prepared by School’s finance teams
Review MIS reports and variance analysis prepared by Schools finance team
Review cash flow requirement of the Schools closely
Annual budget preparation of AFEF and submission
Monthly MIS preparation of MIS and submission

المهارات

QUALIFICATIONS, EXPERIENCE, & SKILLS

Minimum Qualifications and Knowledge:

Professional Accounting qualification (CA/CPA) with proven expertise in Financial and Management accounting & Reporting
Strong core finance technical skills (deep understanding of Balance Sheet, Cash flow statements and P&L) and clear understanding of Finance & Accounting Standards (IFRS), Controls & processes
Robust Financial Planning & Analysis (FP&A) experience with exposure to senior management

Minimum Experience:

8- 12 years of well-rounded experience in the field of Finance & Accounting (work experience with one of the big 4 audit firms will be added advantage)
Experience with ERP (SAP – FICO, BPC, BI etc.) and information systems, including planning, implementation and monitoring
Proficiency in MS Office (Excel/ PowerPoint/Word)

Job-Specific Skills:

Sound knowledge on Accounting principles and Standards, Compliances, UAE VAT
Strong analytical skills (linking results to drivers), ability to think strategically and influence business decisions using appropriate, fact-based financial information
Working knowledge of SAP and Presentation skills
Planning and Execution expertise, Strong process orientation
Excellent analytical, reasoning and problem-solving skills
Strong written and oral communications skills at all levels (junior to senior leadership)

Behavioral Competencies:

Role model of AFG Group values – Respect, Integrity, Collaboration and Excellence
Passion for Financial & Commercial excellence, Self-driven initiative taker
Leadership in stakeholder management, Strategic thinker
Highly organised with strong attention to details
Ability to develop strong partnerships and a collaborative, teaming environment within and across functions
Strong and effective Executive communication skills, demonstrated strong inter-personal & influencing skills
Team player and adaptable to changing environment, with good interpersonal skills
High standards of personal integrity, Ability to deal with high pressure deadlines