Senior Financial Analyst

POSITION:

• Senior Financial Analyst

LOCATION:

• Al Foah Al Ain, UAE

PURPOSE:

The Senior Financial Analyst is responsible for developing financial models, analyzing data to identify trends, and preparing detailed reports for management. They collaborate with cross-functional teams to align financial strategies with business objectives while assessing risks and ensuring compliance.

KEY RESPONSIBILITIES:

• Plan and implement new operating procedures to improve efficiency and reduce costs.
• Assists in preparation of annual operating plan to obtain services outlined in financial plan.
• Analyze financial information to forecast business, industry and economic conditions for use in making investment decisions.
• Measure, plan and forecast of Marketing activities and implications to income statement and balance sheet to be able to evaluate and predict the marketing spending and return.
• Prepare and review year-end closing process and documents; to be able to monitor accounts receivable and accounts payable; to ensure to provide periodic review of financial reports and verifies accuracy and fiscal solvency.
• Retrieve and organize data to identify financial discrepancies and resolve all inquiries; recommends solutions to Al Foah to ensure that corrections or changes are implemented properly.
• Direct the general economic studies and business/financial conditions and their impact on the organization's policies and operations.
• Make recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies using advanced analytical techniques to enhance the management decisions taken.
• Conduct commercial analysis of activities in local/area markets and gather and analyze business information from competitors to prepare recommendations regarding financial plans.
• Coordinate all aspects of raw material with different departments like manufacturing and procurement in Al Foah to set standard costs of products.
• Develop quantitative reports for presentation to senior management and board of directors which help in the strategy improvement.
• Supervise the preparation of timely and accurate departmental MIS statements and reports of the section to meet Al Foah and department requirements, policies and standards.

JOB SPECIFIC SKILLS:

• Computer Skills
• Time Management
• Analytic Thinking
• Communication Skills
• Number Crunching
• Leadership Skills
• Problem Solving
• Stress Management

MININMUM REQUIREMENTS:

• Bachelor’s degree in finance plus Excel experience.
• 6-8 years in a similar position within the Finance Department.

FUNCTIONAL KNOWLEDGE

• CFA or CMA is a plus.