Manager, Financial Planning (UAE National)

To manage government budgeting and reporting (financial and operational) for various business projects including the management of all related stakeholder relations, budgeting, forecasting and treasury processes in order to ensure the provision of accurately and timely reports in line with relevant policies and procedures.

To assist with the consolidation and reporting of financial and business performance against internal KPI’s and plans and to administer manpower budgeting and forecasting process ensuring completion of information to be used in the consolidated business plan.

Responsibilities : 

• Manage the design and preparation of monthly management reports for all the Government funded initiatives.
• Report on a monthly basis to the CFO and senior finance management on Government funded initiatives including any variances, highlighting any key issues and providing recommendations.
• Manage the preparation and submission to the Department of Finance (DOF) and Department of Energy (DoE)of all financial related returns monthly, quarterly and yearly and address any other ad-hoc requests from Government entities or related to Government funded initiatives.
• Ensure timely and accurate submission of all financial reports to the statistics centre on a yearly basis mainly being the Financial Investments Survey, Industrial and Economical Survey, Environmental, and R&D Survey.
• Manage any reporting to the Department of Economic Development (DED) and the Executive Council (EC) on a timely manner
• Ensure that all transactions of ZSP & IRENA have been accounted for and accurately reflect all transactions.
• Review and analyse the transactions in the GL periodically, prepare required journals to reclassify entries to the correct account and project and review and process all sub-ledgers inputs (namely Account Payable) prior to month end deadlines.
• Work with project managers to ensure that accruals/provisions and prepayments are prepared and entered on a monthly basis and monitor the monthly costs on certain projects based on the activity code. Also, prepare activity reports based on actual cost details against the activity budget.
• Manage and prepare reconciliations along with supporting documents/schedules/information that are required for the monthly management file, quarterly and annual review by the external auditors and information required to support the group information uploaded to the shareholder.
• Manage the entire budgeting process for Government funded initiatives and liaise with the DOF to ensure alignment.
• Manage and lead all Government initiative budget submissions and approvals with DoE.
• Manage all monthly and quarterly submissions to DoE and ensure compliance with any imposed regulations and or instructions
• Provide full guidance to Masdar management on all DoE and DoF budget matters
• Lead, manage and prepare the DOF budget templates and communicate with the project managers on any new DOF/Abu Dhabi Executive Office) guidelines.
• Lead and manage the Manpower Budget submissions of Government funded initiatives with Human Capital to ensure accurate manpower cost submissions.
• Manage, prepare and complete the DOF & Shareholders’ Summary Budget templates for each of ZSP and IRENA.
• Prepare a quarterly drawdown forecast for ZSP &IRENA and share with treasury to ensure the timely drawdown of funds on a quarterly basis to maintain a positive cashflow.
• Review and challenge all budget submissions working closely with the project management, senior finance management and the C suite to ensure compliance with DOF guidelines.
• Manage and consolidate budgets of all Government funded initiatives.
• Maintain a year on year track of all actuals versus budgets for the Government funded initiatives
• Lead and manage the quarterly and yearly forecast exercise with the PM’s.
• Manage and coordinate budget review meetings with the C-Level and ensure any changes are reflected.
• Prepare the DOF budget templates and communicate with the project managers on any new DOF/Executive Council (EC) guidelines.