Majid Al Futtaim Hiring for Financial Planning & Analysis Manager Job at Dubai Full Time

Role Purpose:

The Financial Planning & Analysis Manager is responsible for playing a key role in driving the Financial Planning & Analysis function agenda, leading the development of the annual plans, forecasts, data & trend analysis, key metrics, and performing analyses supporting the decision-making process through data analysis and business insights.

The role holder is also responsible for monthly closing, financial metrics, reporting, forecasting and analysis, ensuring their completion and delivery as per the target timelines. He/she will act as a business partner for MAF Retail Finance teams in countries (assigned Zones) in delivering the business outcomes.

Role Details – Key Responsibilities and Accountabilities:

Financial & Operational Analysis

• Analyse the budget variance and operations performance and provide the Management with a timely analysis with recommended and corrective action plans
• Build financial models and analyses with minimal guidance based on solid financial knowledge and business acumen, drawing conclusions and proposing recommendations that drive impact, deliver results and drive improvements to influence strategic decision-making and planning
• Develop next generation operational and financial metrics, reporting and dashboards
• Manage the preparation of the 3-Year Plan, annual budget, quarterly forecasts, and monthly flash
• Manage the monthly-closing and consolidation cycle activities and ensure that data integrity and financial controls are in place
• Interpret and align financial and operational analyses with key stakeholders, challenging business assumptions when necessary
• Support on driving strategic initiatives and effectively align corporate goals with the business and corporate structure

Coordination and Communication

• Collaborate with MAF Retail Finance teams in countries (assigned Zones) as their business partner, with the responsibility to ensure completion of monthly closing, financial metrics, reporting, forecasting and analysis, as per the target timelines to deliver on the business objectives
• Liaise with the Business Intelligence team to automate the financial & operations reporting
• Collaborate with the Transformation Office on the preparation of quarterly and annual performance presentations
• Support and provide COOs and function heads with monthly reports, analysis, and findings to support the decision-making process, and follow-up on the actions needed
• Support the Management in presenting reports to senior executives, stakeholders, and board members
• Provide inputs and market research for the development of relevant processes for benchmarking within the organization
• Ensure regular information exchange with all relevant stakeholders and update them on the acquired knowledge from the benchmark analysis
• Build relationships and maintain strong partnerships with key personnel to help achieve organisational goals

Audit and Reporting

• Prepare a monthly presentation for MAF Retail financial performance
• Perform ad-hoc business analyses and financial modelling reports, proposing and presenting recommendations to senior management on strategic decisions, and planned future initiatives
• Develop reports and detailed analysis for the budget to identify any potential risks or deviations concerns, ensuring full compliance and alignment to MAF Retail’s business guidelines
• Responsible for the preparation of business presentations and reports related to financial and operational performance for various stakeholders, on periodic and ad hoc basis as and when required
• Support on performing regular audit of various processes and databases for the FP&A function in order to identify gaps and risks, and propose corrective actions

Policies and Procedures

• Support on developing and reviewing the FP&A policies and procedures related to financial reporting, actual closing, budgeting, forecasting and ensure it is implemented and reported on as a part of the policies and procedures for the FP&A function
• Support on the development and implementation of relevant policies and procedures

Human Capital Responsibilities

• Assist with the implementation of the performance management process by setting objectives, monitoring performance, and provide constructive feedback and provide inputs to senior management
• Provide mentorship for the purpose of developing a continuous talent pipeline for key roles
• Provide inputs on training needs and coordinate with the HC department to ensure facilitation of training requirements
• Develop and implement on the job-training for the team
• Provide inputs for the development of annual manpower plan
• Ensure the implementation of MAF Retail’s corporate policies and relevant procedures

Personal Characteristics and Required Background:

Minimum Qualifications/education:

• Bachelor’s Degree in Accounting or Finance
• Master’s Degree in the same field is preferred
• CMA, CIMA or ACCA certification is required

Minimum experience:

• 6+ years in a managerial Financial Planning & Analysis role in an international environment
• 2+ years in the retail business is preferred

Skills:

• Proven ability to develop strategic relationships with senior leadership stakeholders
• Proven ability to develop new ideas, process improvement and innovative solutions
• Strong business and commercial acumen with an aptitude in decision-making
• Superior financial analysis and financial modeling skills
• Sound knowledge and understand of big data and analytics
• Ability to work independently and in cross-functional teams, readily adapt to and lead through a changing environment
• Demonstrated ability to effectively manage the finances of a high-growth business
• Strong analytical and technical skills with proven expertise in managing, evaluating, analyzing data and creating meaningful business reporting
• Strong business communication and presentation skills with proven experience managing executive-level communications
• Advanced problem solving and root cause analysis
• Strong English language skills (Speaking, Reading and Writing) with exceptional business writing, Arabic is a plus
• Advanced skills in Microsoft Excel
• Excellent organizational skills with the ability to prioritize workload; ability to manage multiple projects simultaneously, follow through and meet deadlines