Abu Dhabi, UAE
: Bachelor’s Degree or equivalent in Accounting or Finance
: Any Nationality
: 6 - 10 years
: Accounting & Finance
: 23 - Mar - 2019
Job Description
To be responsible for initiating the budgeting process, consolidating and preparing the budgets for approval by 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. 
Core Responsiblities
Budget Analysis
Develop, review and revise the budgeting formats, processes, procedures and guidelines for various departments
Initiate the budget process by communicating its timeline and related scope to Management.
Consolidate all budget information into a master 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 a standard calculation sheet for operating expenditure budget
Prepare the financial models to support feasibility studies and analyses 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 enhancements related to operating expenditure
Financial Management and Reporting
Prepare the monthly financial report on Maqta’s financial position, divisions and units’ headcount and related expenses, revenue and capital expenditures. (consolidated from the projects report).
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 in preparing Company reports to senior management such as Sources & Utilizations of Funds Reports amongst others. 
Coordinate with The Financial Corporate Team and Business Partner to ensure compliance and alignment.
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 the ERP
Provide inputs to consultants for web form/template designs to capture and report on the budget, when required
Maintain and control account and cost centre setups (addition, deletion and update)
Perform other relevant functions in the finance department/section as assigned.
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: 3 -4 years of experience in MIS and ERP field
Nature of Experience: Experience in corporate finance/audit section of Big 4 firms would be an advantage
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