Senior Manager, Financial Planning

• Group management reporting for all key internal & external stakeholders including functional heads, executive management, Board of Directors, Shareholders and any other key stakeholders,
• Group Financial Forecasts
• Group budgets & business plans
• Group performance scorecards
• Other Ad-hoc management reporting as may be required from time to time ensuring the provision of timely, accurate and relevant financial and performance information and compliance with all key stakeholders reporting requirements.

• Define and implement (in co-ordination with the GL team), reporting requirements from investee entities and assets (content, format & timeline) to ensure necessary information is captured for Group reporting purposes in a timely and efficient manner
• Ensure that financial information and reports received from the GL team/ management accountants are accurate and complete and in line with the GL.
• Ensure that all significant variances are identified & explained.
• Provide analysis of/ commentary on financial performance and management reports providing meaningful commentary on business performance (e.g. comparison of actuals and forecasts with budgets, previous period etc), providing both clarity on performance and the key drivers thereof, and recommendations to management on opportunities and ways to optimize financial performance
• • Implement any changes made to reporting and consolidation templates, and communicate, and explain the reporting needs to management accountants in line with top management expectations.
• Liaise with shareholders on all reporting requirements and co-ordinate monthly review meeting in respect of the Executive Report to ensure a common understanding on financial & operational performance and the key drivers thereof, risks and opportunities, and key areas of focus in order to enhance overall performance and delivery against shareholder objectives.
• Co-ordinate and conduct regular financial/performance management review meetings with the Functional Heads and Executive management team to ensure a common understanding on financial performance and the key drivers thereof, risks and opportunities, and key areas of focus in order to enhance overall financial performance.
• Align with shareholder representatives and executive management on annual performance scorecard metrics
• Align with Executive Management, functional heads and Performance management team on internal financial scorecard metrics ensuring consistency and compatibility with corporate scorecard
• Update corporate performance scorecard and internal financial scorecard on a monthly/quarterly basis and report to management, shareholders and Board.
• Co-ordinate and conduct regular review meetings with the Functional Heads and Executive management team on the corporate performance and internal financial scorecards to ensure a common understanding on performance status and the key drivers thereof, risks and opportunities, and key areas of focus in order to enhance overall functional and corporate performance.
• Manage and lead the annual budget and business planning process for Masdar and Masdar Green Hydrogen in accordance with Shareholders and C-level guidelines, and corporate strategy.
• Oversee review of draft budgets and associated presentations with key internal stakeholders (executing management, functional heads etc) prior to formal submission to ensure accuracy and completeness and alignment on budget submission
• Oversee review of draft budgets and associated presentations with shareholder representatives to ensure alignment on budget submission. Submission of final budgets to shareholders and Board for approval including completion of budget templates and system uploads as required by shareholders and preparation of budget presentations
• Manage the preparation and issuance of the internal budget book to all members of Executive Management/Functional Heads (including receiving formal sign off of all components thereof).
• Manage and coordinate with the GL team on the upload of all approved budgets into the Oracle accounting system for reporting purposes.
• Initiate and oversee the quarterly (or more frequently if required) re-forecasting process and manage any ad-hoc requests for forecasts at both a consolidated and business function/corporate unit level.
• Develop and implement an effective process to track and manage development cost spend against the overall approved budget both at a consolidated and at a project/investment level.
• Preparation and issuance of monthly DEVEX report to key stakeholders.
• Review of monthly DEVEX report with key stakeholders to ensure effective budgetary management and control.
• Oversee the preparation of any other ad-hoc reports required by the key stakeholders.

• Bachelor's degree in accounting/finance or related field
• Qualified accountant CA, ACCA, CIMA is an asset

• At least 8 years of experience in financial planning and reporting, with at least 3-4 years working at a group financial planning and reporting level in large multi-national companies involving similar responsibilities and activities or equivalent experience

• Exceptional communication and interpersonal skills leading to a consultative approach within a corporate / multifunctional environment
• Extensive knowledge of ERP environment
• Extensive knowledge of International Financial Reporting Standards (IFRS)
• Excellent knowledge about financial planning and reporting systems and tools
• Excellent computer literacy, with strong background in Excel, Word, Power Point
• Extensive knowledge of various accounting processes and a understanding of internal controls
• Extensive knowledge of international auditing standards
• Attention to detail

Masdar