Senior Analyst – Financial Planning

Job Description

Senior Analyst – Financial Planning and Management Reporting

Role Purpose:

Develop and implement Financial Planning & Controlling strategies, policies, and procedures across the group entities. Contribute to the execution of key deliverables within the Planning & Controlling function. Drive enhancements in MIS reporting, financial planning, and control processes.

Key Responsibilties:

Record Keeping:

• Ensure accurate & timely preparation of daily, weekly and monthly management reports related to all areas of Finance Planning and Control.
• Maintain detailed record of all periodic reports submitted to the Holding Group and other external agencies.

Business Improvement:

• Support to implement approved financial planning & internal control systems at new sites to ensure productivity and efficiency in terms of Finance planning & function.
• Help to design and implement automated procedures and reports to facilitate periodic reporting to Holding Group and other external parties.
• Conduct periodic inter plant/site comparative analysis of cost, efficiency and other KPIs as per plan of the Planning & Control Department.

Monitoring:

• Review cost centers of all Departments of Emsteel. Help to support cost centres owners in providing details of expenses and budgets as per Emsteel requirement.
• Monitor the various pricing and margin calculations being prepared and maintain strict version control.

FP&A and controlling:

• Prepare and maintain Weekly and Monthly Management Report (MRM) presentations, ensuring accuracy, completeness and timely submission.
• Prepare Monthly Steel Performance Report in Excel and PowerPoint, highlighting key business performance indicators, variances and value drivers.
• Responsible for preparation of annual business plan and monitoring adherence of the same on a periodic manner. Preparation of long term, five-year plans, and financial models.
• Preparing & updating other management reports and business planning models as required by the finance planning and control function.
• Study financial reporting process of the organization to propose improvements in process and outputs to facilitate the reporting for Finance planning and control function.
• Assist in accurate consolidation and group reporting to the holding group and BOD.
• Assist in timely preparation of all periodic finance and costing reports for the holding group in required format.
• Prepare financial outlooks and financial forecasts with ensured compliance of local, state, and federal budgetary reporting requirements.

Value+ Transformation Project:

• Assist to achieve sustainable annual EBITDA enhancement as per Value+ Programme

Sales, Commercial and Marketing Facilitation:

• Calculate estimated margins based on proposed pricing for various products.
• Assist to prepare back up workings for sales pricing task force and pricing committee.

Procurement & Logistics Facilitation:

• Costing of back-to-back billet price linked fixed sales price for short term contracts with suppliers through Procurement and Logistics liaison with finance planning and control function.
• Assist in calculating financial impact of IOP shipment planning.

Minimum Qualification:

• Bachelor’s degree in finance/commerce.
• Chartered Accountant.
• Additional Cost Accounting qualification is preferred.
• AI / BI Dash boards certifications preferred.

Professional Experience:

• 5-7 years of post-qualification work.
• Working experience in financial planning and controlling function.
• Experience in UAE/Middle East and manufacturing / industrial environment (steel industry preferred).
• Strong hands-on experience with SAP S4Hana and financial data extraction.
• Advanced proficiency in MS Excel, including data analysis, financial modelling and reporting is essential.
• Proficiency in PowerPoint for preparation of management reports and presentations.
• Working knowledge of BI tools and AI applications, with demonstrated ability and interest in using latest technology to automate and enhance financial reporting.

Language(s) Known:

• Proficiency in English; Arabic is an added advantage

Requirements added by the job poster

• Bachelor’s Degree