Assistant Manager - Planning & Budgeting

Dubai World Trade Centre

Core Responsibility:

• Specific Area of Responsibility

To deliver and adhere to the annual budget guidelines and calendar on a timely basis

To deliver annual budgets for BUs in accordance with guidelines/instructions and timetable approved by CFO.

To prepare and review departments budgets to ensure that they have been prepared on a consistent basis, and in accordance with the underlying business assumptions, plan objectives, and corporate strategies.

To plan and control the production of long and medium-term financial planning information and forecasts for specific departments in line with policies, procedures and timelines.

To deliver the quarterly forecasting activities for BUs to ensure forecasts adequately reflect changes in activity levels or business assumptions. Where major revisions have been made, review the appropriateness of proposed remedial action.

To deliver monthly CEO & BOD reporting packs.

To deliver monthly internal management reporting packs for specific departments.

• Operations Management

To ensure that any major variances in financial performance for specific departments have been satisfactorily explained and appropriate remedial action is taken.

Continually improve monthly close process such as accrual entries, revenue recognition, expense reporting including appropriate account reconciliation

To identify opportunities for cost reduction and business improvement. To identify financial risk related to business activities within the specific businesses.

To meet regularly with business unit partners to discuss finance service requirements and agree on an action plan to resolve any issues

To provide advice to business unit partners on finance matters, including business case preparation, option evaluation and costing, cross-charging and other ad hoc requests.

To contribute to the overall development of planning and budgeting tools in the Planning & Reporting Department.

Customer Centricity:

Ensure customer satisfaction by proactively addressing concerns/issues and requests from business units.

Engage with business units on a periodic basis to get feedback on the quality of Finance service delivery and understand and address challenges, if any

Process Improvement and Enhance Internal Controls

To address and drive closure to issues pertaining to Internal Audit.

To drive and lead initiatives to enhance process capability and internal controls.

Participate in business units initiatives that will positively impact the Finance Department.

To support other initiatives as required by the Finance Management to improve efficiency and effectiveness of processes.

Continuous Improvement

Drive projects/initiatives which will streamline/enhance the Finance service capability to the business units.

Timely communication of process changes and other relevant information related to BUs and the section.

Ensures the activities of the outsourced Planning & Reporting team comply with DWTC's internal control policies and procedures and effective measurement SLA and KPI.

Formal Education

University degree or equivalent professional qualification.

Work Experience

At least 3-5 years post-qualification experience.

Skills & Knowledge

Demonstrated competency in budgeting, management accounting, forecasting and resource allocation and providing financial advice to Directors and senior managers.

Ability to interpret and report high quality financial information.

Ability to understand and use financial planning and accounting systems.

Proven experience working under tight deadlines and prioritizing workload accordingly.