Financial Planning and Analysis Manager

Financial Planning and Analysis Manager Posted 06 June 2018
  • Riyadh, Saudi Arabia

On behalf of our client, a globally reputable healthcare provider, Gulf Connexions is looking to hire a senior finance professional to be based in their Middle East office.

 

Job purpose:

To monitor the performance of Company against its financial strategy and manage and supports the short, medium and long term financial planning and budgeting processes by forecasting and monitoring the financial performances of different areas / departments and the capital expenditures of the company in order to achieve overall objectives of Company and ensure the profitability of the company

 

Responsibilities:

  • Prepares and contributes to the finance budget and monitors financial performance of finance planning and analysis versus the budget so that          the function head is kept aware of anticipated costs/revenues, areas of unsatisfactory performance are identified and potential performance            improvement opportunities are capitalized upon
  • Develops and implements all policies, systems, processes, procedures and controls related to own department so that all of the relevant                    procedural/legislative requirements are met while delivering a quality, cost-effective service to customers consistently
  • Organizes and supervises the activities and work of a small team to ensure that all work is carried out in an efficient and procedurally compliant         manner
  • Manages the effective cash flow planning and working capital management by monitoring and controlling daily cash flow management in order        to ascertain availability of cash to meet Company’s business commitments 
  • Prepares and coordinates the Company’s budget and monitors budget performance during the year, identifying possible needs and/or areas of       improvement and ensure proper follow-up on identified issues and areas of improvement
  • Monitors the progress of budget utilization through actual vs. budget variances analysis, highlight notable discrepancies so that Company’s               management is aware of anticipated costs/revenues, and areas of unsatisfactory performance are identified
  • Analyses, reviews, and provides guidance and relevant information to support the due diligence process to ensure proper financial evaluation of        new projects and expansions plans
  • Evaluates industry and economic trends and competitors analysis
  • Leads the development and execution of Company’s financial performance management system in order to track the performance and                     progress against the budget key performance indicators (KPIs) and to contribute to the creation of a performance-driven culture
  • Lead the development of financial performance measures and KPIs (e.g., time to process payments, number of delays in period closures etc.) in        line with the business direction and finance strategy
  • Creates, maintains and confirms cost centers (costs and accounts) across the business units to ensure proper allocation and utilization of budget
  • Works and collaborates with cross-functional teams to understand historical spend behavior and future allocation of both capital and                         expense to understand, quantify and effectively communicate anticipated savings
  • Reviews and ensures the preparation of timely and accurate departmental statements and reports to meet Company’s and department                      requirements, policies and standards

Requirements

  • Saudi National
  • Bachelor’s degree in Finance, Accounting, Economics or any related field
  • 8 to 12 years of experience in a relevant finance function with at least 5 years in positions of progressively increasing managerial responsibilities
  • Fluent in written and spoken English. 

 

Candidates who qualify for this position may send their profile to pinar@gulfconnexions.com

 Applications will only be considered if you have the relevant experience and your skill set match those required and stipulated within the advert text

 

 

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