Abu Dhabi, UAE
: Bachelor’s Degree or equivalent in Accounting or Finance.
: Any Nationality
: 6 - 10 years
: Accounting & Finance
: 07 - Jan - 2019
Job Description
To be responsible for initiating the budgeting process, consolidating and preparing the budgets for approval by the senior management. The role holder will prepare the reports for budget analysis, cost analysis, management reporting and other analysis reports to support the business and support departments, the role holder is also responsible for the quarterly report submission to the regulatory authorities
Core Responsiblities
Decision Support and Planning
Develop, review and revise the budgeting formats, processes, procedutees and guidelines for various departments.
Initiate the budget process by communicating its timeline and related scope through the Financial Planning & MIS Manager.
Consolidated all budget information into a matter budget (Revenue, CapEX and Opex) and submit for review and approval by the senior management and Board of Directors.
Structure budget assumptions based on pre defined policies and procedures, and/or market trends, whenever applicable and incorporate the same into a template that will serve as standard calculation asheet for operating expenditure budget. 
Prepare the financial moderls to support feasibility studies and anlyses of key expenditure accounts.
Maintain a financial database on budget and actual to allow timely comparison, validation and escalation as deemed required.
Update status of the budget through a monthly variance report compared to actual.
Check for the accuracy and completeness of enancementts related operating expenditure.
Financial Management and Reporting
Prepare the monthly financilal report on Port’s financial position, divisions and units’ headcount and related expenses, revenue and capital expenditures (consolidated from the projects report) by way of Board, Management and Division Reports.
Develop and maintain an appropriate mechanism for sharing data to aid financial analysis and reporting and provide explanations for major variances affecting the budget.
Maintain a financial database that will allow ease a preparing company reports to senior management such as Sources & Utilizations of funds reports amongst others.
Consolidate information from projects and corporate for Treasury division’s funding requirements.
Prepare quarterly reports for submission to the regulatory authorities or other government agencies as when required.
ERP (Oracle & Hyperion)
Give feedbacks/inputs aimed to correct, enhance or further define system requirements.
Maintain the budget set up and updates in the Oracle E-Business Suite.
Design and develop reporting packages through FSG function in ERP.
Provide inputs to consultants for web form/template design to capture and report on the budget, when required.
Maintain and control account and cost center setups (addition, deletion and update).
Perform other relevant functions in the finance department/section, as assigned by Financial Planning & MIS Manager.
Desired Candidate Profile
Educational and Technical Qualifications
Bachelor’s Degree or equivalent in Accounting or Finance.
CPA, CMA, ACCA will be an added advantage.
Language Skills: Written and Spoken English is Essential, Arabic is preferred.
Years of Experience: 4-5 years of experience in Budgeting and Financial Planning.
Nature of Experience: Experience in Financial Planning, Budgeting, forecasting “Ports Filled Preferred”
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