Senior Analyst - Financial Planning and Management Reporting

Role Purpose

Develop and implement Financial Planning & Controlling strategies, policies, and procedures across Emsteel group entities. Contribute to the execution of key deliverables within the Planning & Controlling function. Drive enhancements in MIS reporting, financial planning, and control processes

Accountability & Activities

Key Activities

Record Keeping:

• Ensure accurate & timely preparation of daily, weekly and monthly management reports related to all areas of Finance Planning and Control.
• Maintain detailed record of all periodic reports submitted to LIMAD and other external agencies

Business Improvement:

• Support to implement approved financial planning & internal control systems at new Emsteel Sites to ensure productivity and efficiency in terms of Finance planning & function
• Help to design and implement automated procedures and reports to facilitate periodic reporting to LIMAD and other external parties.
• Conduct periodic inter plant/site comparative analysis of cost, efficiency and other KPIs as per plan of the Planning & Control Department

Monitoring:

• Review cost centres of all Departments of Emsteel. Help to support cost centres owners in providing details of expenses and budgets as per Emsteel requirement
• Monitor the various pricing and margin calculations being prepared and maintain strict version control

FP&A and controlling:

• Prepare and maintain Weekly and Monthly Management Report (MRM) presentations, ensuring accuracy, completeness and timely submission.
• Prepare Monthly Steel Performance Report in Excel and PowerPoint, highlighting key business performance indicators, variances and value drivers
• Responsible for preparation of annual business plan and monitoring adherence of the same on a periodic manner. Preparation of long term, five-year plans, and financial models.
• Preparing & updating other management reports and business planning models as required by the finance planning and control function
• Study financial reporting process of Emsteel to propose improvements in process and outputs to facilitate the reporting for Finance planning and control function.
• Assist in accurate consolidation and group reporting to LIMAD and BOD
• Assist in timely preparation of all periodic finance and costing reports for LIMAD in required format
• Prepare financial outlooks and financial forecasts with ensured compliance of local, state, and federal budgetary reporting requirements

Value+ Transformation Project

• Assist to achieve sustainable annual EBITDA enhancement as per Value+ Programme

Sales, Commercial and Marketing Facilitation:

• Calculate estimated margins based on proposed pricing for various products.
• Assist to prepare back up workings for sales pricing task force and pricing committee.

Procurement & Logistics Facilitation:

• Costing of back-to-back billet price linked fixed sales price for short term contracts with suppliers through Procurement and Logistics liaison with finance planning and control function.
• Assist in calculating financial impact of IOP shipment planning

Safety, Quality & Environment

• Ensure compliance with all relevant safety, quality and environmental management policies, procedures and controls within the Digital COE department of ES to ensure employee safety, legislative compliance, delivery of high-quality services and a responsible environmental attitude.

Qualifications/Experience

Minimum Qualification

(Educational Qualifications, Trainings, or Certifications)

• Bachelor’s degree in finance/commerce
• Chartered Accountant
• Additional Cost Accounting qualification is preferred
• AI / BI Dash boards certifications preferred

Professional Experience

• 5-7 years of post-qualification work
• Working experience in financial planning and controlling function
• Experience in UAE/Middle East and manufacturing / industrial environment (steel industry preferred)
• Strong hands-on experience with SAP S4Hana and financial data extraction
• Advanced proficiency in MS Excel, including data analysis, financial modelling and reporting is essential
• Proficiency in PowerPoint for preparation of management reports and presentations
• Working knowledge of BI tools and AI applications, with demonstrated ability and interest in using latest technology to automate and enhance financial reporting

Language(s) Known

• Proficiency in English; Arabic is an added advantage