We are hiring for Senior Cost Analyst
Manage, guide and motivate team members to deliver unit objectives
Set Assets Affairs Financial Management Unit goals and link them to Assets Affairs goals
Prepare long/short term roadmaps to achieve the Finance Unit’s mission and objectives
Develop the Unit employees’ smart objectives and link them to the unit goals
Monitor the execution of the Finance Unit roadmaps and create actions focused on timely delivery
Manage the Unit’s Performance Objectives to achieve the department goals and Ashghal’s overall vision through alignment of activities.
Monitor the progress through assigned KPIs towards the achievement of Unit's objectives, set direction and take prompt corrective actions to address any areas of under-performance.
Ensure that highest standards of professional conduct, ethics and integrity are maintained during the execution of the Unit’s responsibilities.
Monitor the team’s performance and provide feedback (employees, secondment staff and consultants)
Review Moazanah budget submission for new projects and Oracle budget submission for new projects and committed contracts
Review the annual revenue and cash collection budget
Review the AA Portfolio before submission to Ministry of Finance (MOF) to ensure accuracy and reasonableness and coordinate with Corporate Finance and MOF to facilitate budget control and obtain the required financial approvals
Review credit notes to ensure proper justification and supporting documents before submission to management
Review revenue forecast and cash collection projection, Approve Financial Pre-Approval Requests
Review monthly cash collection actual vs. target YTD / full year analysis
Review the Hit and Miss Report for accurate calculation of actual duration against plan for each function and correct analysis of the performance of accountable parties in delivering their targets.
Review the expenditure forecast for accuracy to ensure efficient and effective use of financial resources and secure required future financing.
Lead the financial performance review meetings and follow up on agreed action items for continuous improvement and efficiency.
Review Ad-Hoc Financial Reports such as KPI, AA Dashboard and Achievement Reports
Support Management with decision making related to cost reduction and tariff setting by providing the required financial information and analysis
Review Assets Affairs financial management procedures and guidelines to ensure compliance with PWA policies
Contribute and participate in DNO&M and RMD Section/Unit Head/management meetings to advise on financial matter
Prepare and provide regular and ad hoc reports to the Assets Affairs Director, identify key trends and issues and make appropriate recommendations for action
Hold regular team meetings to engage staff with changes taking place and ensure relevant business performance information and expectations are shared
Attend meetings with Finance Dept., EBD, Legal Dept., Technical Office, Projects Dept., Contract Dept., IT Dept. and The President’s Office
Attend external conferences related to O&M and workshops outside Ashghal as and when required.
Perform other duties/ tasks as required