Manager- Budgeting & Planning

We are hiring for one of our clients in Dubai. The Manager of Budgeting & Planning will play a crucial role in coordinating annual and quarterly budgeting and forecasting processes to align with strategic goals and comply with financial regulations. This position is key in supporting strategic financial objectives and ensuring effective financial management practices.

Key Responsibilities:
– Coordinate the annual and quarterly budgeting and forecasting processes, ensuring alignment with strategic goals and compliance with financial regulations.
– Develop comprehensive financial models to support decision-making, including scenario analysis and risk assessments.
– Conduct regular reviews of departmental budgets and financial plans, providing variance analysis and performance metrics.
– Initiate cross-departmental initiatives to enhance the accuracy and timeliness of financial reporting and budgeting.
– Manage the monthly financial reporting process, ensuring timely delivery of accurate financial reports to senior executives.
– Facilitate the preparation, development, analysis, and consolidation of annual budgets, coordinating approval processes with the Department of Finance.
– Prepare projected expenditure plans and periodic expense reports, analyzing financial performance to generate accurate projections and forecasts.
– Ensure accuracy and completeness of budget submissions from business units, aligning them with strategic goals.
– Maintain compliance with financial strategies and policies, preparing financial statements and reports in accordance with local regulations.
– Serve as the primary point of contact for external auditors and stakeholders, facilitating financial discussions.
– Execute treasury activities to ensure funding for major financial requirements and monitor financial transactions.
– Participate in updating and refining finance operations policies and procedures to enhance operational efficiency and compliance.
– Assist internal stakeholders in completing information and data submissions during the budget development period.
– Monitor budget utilization based on set indicators and criteria, generating detailed financial performance reports.
– Conduct benchmarking studies to align financial practices with the latest financial standards.