Financial Analyst

Our client is a well-known reputed Group of companies. They specialize in providing services across verticals such as technology, automobile, and FMCG.

They are looking for a Financial Analyst who will be part of the corporate finance department and will be directly reporting to the Finance Manager for the Dubai location.

Key Responsibilities:

1. Financial Planning and Analysis / Forecasting and Budgeting:
   • Assist in developing annual budgets, forecasts, and financial plans.
   • Analyze financial performance against key metrics and provide actionable insights.
   • Conduct variance analysis and recommend corrective actions as necessary.
   • Collaborate with department heads to gather data for budgeting and forecasting.
   • Support the creation of financial models for long-term planning.
2. Financial Reporting:
   • Prepare and analyze monthly, quarterly, and annual financial reports.
   • Consolidate financial statements and communicate results to stakeholders.
   • Ensure compliance with accounting principles and regulatory requirements.
3. Data Analysis:
   • Collect, analyze, and interpret financial data to drive strategic initiatives.
   • Develop financial models for forecasting, trend analysis, and scenario planning.
4. Treasury:
   • Monitor daily cash positions and forecast cash needs.
   • Execute cash management activities including funding transfers and liquidity management.
   • Manage relationships with banks and financial institutions.
   • Evaluate banking services and recommend improvements for efficiency and cost reduction.
   • Monitor debt covenants and ensure compliance.
   • Provide insights into cash flow trends and potential risks to senior management.
5. Ad Hoc Analysis:
   • Perform ad hoc financial analysis as requested by management.
   • Address specific financial inquiries and provide timely, accurate information.
6. Compliance and Audit:
   • Ensure compliance with internal policies and external regulations.
   • Support internal and external audit processes.

Qualifications:

• Professional qualification such as CA, ACCA, CPA, or CFA.
• 8-10 years of experience in financial analysis or related roles.
• Proficiency in financial modeling and analysis tools.
• Strong understanding of accounting principles and financial regulations.
• Experience in dealing with UAE banks is preferred.
• Excellent analytical and problem-solving skills. (Experience with Power BI is a plus)
• Advanced proficiency in Microsoft Excel and other relevant software.
• Effective communication skills to convey complex financial information to non-finance stakeholders.
• Ability to work collaboratively in a team environment.