Finance Business Partner

Description:

Skills and experience

• Prior experience in leading a finance team for a large organization, preferably in the travel industry
• Experience in operational planning, budgeting, and forecasting
• Strong ability to understand business processes and identify risks associated with the same
• Proficient in system-driven reporting (ERP-based) and analysis
• Ability to perform root cause analysis and scenario analysis
• Strong relationship management skills
• Fluent written and spoken Arabic & English is essential
• Excellent communication skills required
• Good project management skills required to coordinate multiple stakeholders
• Understanding of cost drivers and cost cutting strategies
• Relevant certification such as CPA, CA, CIMA, ACCA is an advantage
• Bachelor’s degree in finance / Accounting or related field

Key Responsibilities:

• Support the implementation of business/corporate unit strategy, in line with the group’s strategy.
• Oversees the preparation of the annual budget and annual operating plan for the business/corporate unit.
• Measures performance against financial and non-financial KPIs for the business/corporate unit and provides guidance for the achievement of targets.
• Maintain relationships with key business, finance and other corporate unit stakeholders • Evaluate risk, compliance or legal challenges facing the business/corporate units and disclose to the CFO/senior leadership with relevant recommendations.
• Define targets and key performance indicators for the business/corporate unit’s finance team and ensure effective implementation of the group’s performance management process.
• Manage the FBP organization by evaluating the performance of each member, providing feedback on an on going basis, identifying development needs, and coaching them to ensure capability development.
• Ensure adequate internal controls are in place for proper process implementation
• Ensure the accuracy of numbers reported in SAP
• Define and maintain the profit center/cost enter structure of the business/corporate unit
• Provide input to Group-level finance and tax planning.
• Prepare and present monthly unit performance reports to the business/corporate unit leaders • Prepare management reports in multiple dimensions (strategic metrics, operational metrics, process performance metrics etc.)
• Perform analysis on business/corporate unit performance – descriptive and diagnostic as well as predictive and prescriptive.
• Support and provide necessary insights for management reporting as requested
• Perform benchmark analysis to identify potential improvement opportunities
• Identify potential gaps / issues related to process and systems, which are over/understating business/corporate unit performance; support/propose improvement initiatives and corrective actions as needed
• Support design, development and roll out of new business/corporate unit initiatives
• Support business/corporate unit transformation/expansion related activities/initiatives pertaining to growth or profitability i.e. opening and closures of new markets etc.
• Support operational expense process in terms of assigning/validating proper GL and cost centers