Assistant Vice President - Group Financial Planning and Analysis

Project Management Institute; Abu Dhabi; On-site; AED 90,000 - 150,000; Full time

Job summary

An established industry player is seeking an Assistant Vice President for Group Financial Planning and Analysis. This pivotal role involves developing financial reports, managing budgets, and conducting in-depth analyses to support strategic objectives. The ideal candidate will leverage their extensive experience in financial planning and analysis, particularly within the real estate sector. You'll be instrumental in implementing financial improvements and driving change across a multi-location environment. Join this dynamic team to enhance financial operations and contribute to the growth and success of the organization.

Qualifications

• 8+ years of experience in accounting and FP&A function.
• Experience in a real estate company with annual revenue of at least AED 5 billion.

Responsibilities

• Develop financial reports and analysis supporting the SVP – FP&A.
• Coordinate the budgeting process and perform variance analysis.

Skills

Financial Analysis

Budgeting

Variance Analysis

Cost Structure Analysis

ERP Systems

Education

Bachelor’s degree in Business Administration

Professional accounting qualification (CPA, CIMA, CA, ACCA)

Tools

Hyperion

ERP Systems

Job description

Assistant Vice President - Group Financial Planning and Analysis

Job Purpose

• Develop financial reports and analysis supporting the SVP – FP&A and operations along with the preparation of budgets and forecasts.
• Assist in the production, review, and analysis of the Group’s consolidated budgets.

Roles and Responsibilities

Financial Planning, Analysis and Reporting

• Support the planning, forecasting, and performance analyses for Finance and communicate coordinating management actions across entities.
• Implement financial improvements, deep dive on cost structures, and analyze business opportunities and/or investments with a keen eye on scaling for future growth and improving our customer experience.
• Perform different types of analysis including variance analysis, Line-of-Business analysis, trend analysis, customer, vendor and item profitability analysis, and support the line manager.
• Participate in the development of financial analysis policies and procedures.
• Maintain consistency and standardization of all service line metrics, reporting, and analysis.

Budget Planning & Process

• Coordinate the budgeting process across Aldar, review budget submissions, identify patterns, understand rationale, link to strategic objectives, and support the line manager.
• Coordinate reforecast exercises and variance analysis against budget.
• Perform iterations of submissions and identify patterns on the budget for further validation.
• Support automation of budget/forecasting process through Hyperion, variance analysis, and potential scenario planning.
• Perform budgetary controls (validation of budgets) through ERP and recommend confirmation of budget availability as required.

Qualification and Experience

Related Year of Experience

• Minimum of 8+ years of experience in accounting and FP&A function.

Field of Experience

• Experience in a real estate company or relatable industry with annual revenue of at least AED 5 billion.
• Experience in a multi-location environment to effectively communicate with and influence all levels of the organization and drive change.

Technical and Interpersonal Skills

• Strong technical accounting understanding and solid experience with quantitative and qualitative financial analysis.
• Experience with Hyperion or other large ERP systems and report writing systems.

Qualification

• Bachelor’s degree in Business Administration, Finance, Accounting, or related field.
• Professional accounting qualification e.g., CPA, CIMA, CA, ACCA.