3 Financial Analysis jobs in Oman
Financial Planning & Reporting Analyst
Posted 7 days ago
Job Viewed
Job Description
1.Role Objective
JOB CONTENT
To lead, guide and supervise the smooth and sound operation of company’s financial planning & reporting function under Finance & Accounts department such as managing company’s budgeting system, producing financial information through quality reports; providing actionable data that will assist Senior Management/BOD planning and managing the core functions and ensure all activities are being carried out as per the process and procedures
2. Duties and Responsibilities
Strategic:
- Develop Finance & Accounting policies, plans and programs in consultation with key stakeholders which will assist the achievement of PODC’s business plans and strategies and in line with vision and mission of the company.
- Oversee the function of the Financial Planning & Reporting section to facilitate and meet the objectives of the business in the long run.
- Provide timely financial inputs and statistics of the on-going projects that allow the CFO and the executive management in key decision making.
Finance:
- Lead development of company’s planning and budgeting process (both revenue and cost), including the development of effective budget models for departments, utilizing tools to perform work plans and reconciliation of budgets with programmatic work plans and organizational goals.
- Liaise with Directors of various departments for the preparation of budgets of their respective departments, share budget template (which captures CAPEX, OPEX, Manpower required), assist them wherever required
- Perform periodic cost and productivity analysis to ensure optimal productivity and return on investment.
- Liaise with Commercial Department regularly to receive updates on projected revenues.
Operational:
- Lead the production of financial analysis (e.g. revenues, expenditures and cash management) and presentations for senior management and Board of Directors that will assist them in planning and managing the core functions of the company.
- Develop regular MIS & financial reports (Routine/Adhoc) which highlights business, port operations volumes, forecasts, trends, budget performance and company’s financial position for key stakeholders and the Management Team.
- Responsible for presenting Budget Status which highlights Budget utilization and variance.
- Work closely with Directors of the Departments across the company to monitor and revise budgets throughout the year and life of projects.
- Ensure compliance with current budget and spending policies, and propose improved policies and systems regarding spending guidelines, cost savings, cost allocation, and annual planning.
- Assist the Chief Financial Officer, and executive leadership team on special projects that require financial analysis.
- Work with the Finance team to automize financial reports and reporting processes, to deliver more efficient, effective, and useful reports and analysis.
- Assist both internal and external auditors by providing relevant information as and when requested.
MINIMUM EDUCATION & QUALIFICATIONS
Education:
- Bachelor’s degree in Accounting & Finance or related field or as per the Minimum Qualifications and Experiences matrix in PODC.
Experience:
- Minimum of 8 years of relevant work experience in Accounting & Financewith 3 years in supervisory level. Or as approved in the Minimum Qualifications and Experiences matrix.
Special Skills & Knowledge:
- Experience in budgeting and budget planning including development of annual budgets, forecasting and variance analysis.
- Knowledge of Accounting software
- Analytical & problem solving ability
- High degree of understanding accounting process & procedures
- Excellent data presentation skills
- Deadline-oriented
- Excellent attention to details
- Ability to handle multiple tasks and work under tight deadlines with changing priorities.
- Knowledge of Variance Analysis
- Excellent Personal and interpersonal skills
- Advance proficiency in Microsoft Excel
Head of Financial planning and Analysis
Posted 9 days ago
Job Viewed
Job Description
Role Objective
The Financial Planning and Analysis Head is responsible for overseeing Oman Air’s financial planning and budgeting, and fleet contracts management teams. This role is critical to ensure the airline’s accurate financial planning and meeting financial goals while driving financial stability and efficiency throughout Oman Air’s transformation.
Duties and Responsibilities
General Responsibilities
1. Oversee the development of detailed short-medium- and long-term financial planning and detailed budgeting for Oman Air, in line with the new direction and transformation.
2. Develop an integrated financial planning approach that aligns the budgeting, forecasting, and financial reporting processes and links strategic objectives with financial plans.
3. Support the acceleration of cost reduction through effective implementation of key initiatives in line with the financial strategy (e.g., improved budgeting, etc.).
1. Develop and maintain up-to-date financial control procedures while ensuring adherence to international and local financial regulations and standards.
2. Develop and enhance the models/tools/templates used to conduct financial planning and budgeting.
3. Work side-by-side with all department leaders to conduct proper forecasting based on current needs.
4. Analyze and review benchmark exercise of previous budgets, comparing financial allocations and performance against industry standards and identifying areas of improvement for future budgeting.
5. Oversee the zero-based budgeting approach and ensure its adoption: Implement a zero-based budgeting approach where all expenses must be justified for each new period, starting from a "zero base", with every function within the organization analyzed for its needs and costs.
6. Rationalize costs throughout the budgeting exercise.
7. Ensure Manual of Authority is continuously updated.
8. Prepare business and financials plans and other decision models as required by the CFO.
1. Oversee and manage all the airline’s fleet lease and sale agreements and evaluate the financial implication of the fleet-related contracts.
2. Facilitate the Fleet Contracts Management team’s collaboration with fleet managers and operations teams.
3. Evaluate the financial implication of the fleet-related contracts.
4. Manage the relationships with aircraft lessors, OEMs and banks and maintaining a good working relationship with those external entities.
5. Follow up and ensure compliance relating to the fleet’s contractual obligation and deadlines.
6. Support in solving any financial issues relating to the fleet contracts including liaising with involved parties.
7. Manage all fleet agreement documentation.
MINIMUM EDUCATION, QUALIFICATIONS & SKILLS
Education & Experience:
- 10-12+ years of financial experience with a minimum of 4 years’ managerial experience.
- Bachelor’s degree in finance (mandatory). Post-graduate degree (preferable)
- ACCA / CPA / ICMA / Equivalent International body professional certificate (mandatory).
Special Skills & Knowledge:
- Strong financial acumen and familiarity with aviation finance practices.
- Proven knowledge leading financial strategy development and execution.
- Experience in zero-based budgeting.
- Demonstrated outstanding organizational and leadership abilities.
- Deep business knowledge, strategic thinking and ability to derive financial insights for decision making.
- Experience driving large financial transformations with proven track record of driving financial success.
- Proven track record collaborating with cross-functional teams and stakeholders to achieve financial objectives.
- Dynamic leader able to manage a multi-cultural team, with a commanding presence and excellent communication skills.
- Self-starter, entrepreneurial mindset with experience in implementing disruptive and innovative business models, products/services/tools.
- Ability to work in a fast-paced environment / transformational setting.
- Ability to work with key stakeholders and external partners through teamwork in a non-hierarchical relationship framework.
- Organized and efficient and a strong problem solver and decision-maker.
- Proficiency in English (must) and Arabic (preferred).
Head of Financial planning and Analysis
Posted 8 days ago
Job Viewed
Job Description
Role Objective
The Financial Planning and Analysis Head is responsible for overseeing Oman Air's financial planning and budgeting, and fleet contracts management teams. This role is critical to ensure the airline's accurate financial planning and meeting financial goals while driving financial stability and efficiency throughout Oman Air's transformation.
Duties and Responsibilities
General Responsibilities
1. Oversee the development of detailed short-medium- and long-term financial planning and detailed budgeting for Oman Air, in line with the new direction and transformation.
2. Develop an integrated financial planning approach that aligns the budgeting, forecasting, and financial reporting processes and links strategic objectives with financial plans.
3. Support the acceleration of cost reduction through effective implementation of key initiatives in line with the financial strategy (e.g., improved budgeting, etc.).
1. Develop and maintain up-to-date financial control procedures while ensuring adherence to international and local financial regulations and standards.
2. Develop and enhance the models/tools/templates used to conduct financial planning and budgeting.
3. Work side-by-side with all department leaders to conduct proper forecasting based on current needs.
4. Analyze and review benchmark exercise of previous budgets, comparing financial allocations and performance against industry standards and identifying areas of improvement for future budgeting.
5. Oversee the zero-based budgeting approach and ensure its adoption: Implement a zero-based budgeting approach where all expenses must be justified for each new period, starting from a "zero base", with every function within the organization analyzed for its needs and costs.
6. Rationalize costs throughout the budgeting exercise.
7. Ensure Manual of Authority is continuously updated.
8. Prepare business and financials plans and other decision models as required by the CFO.
1. Oversee and manage all the airline's fleet lease and sale agreements and evaluate the financial implication of the fleet-related contracts.
2. Facilitate the Fleet Contracts Management team's collaboration with fleet managers and operations teams.
3. Evaluate the financial implication of the fleet-related contracts.
4. Manage the relationships with aircraft lessors, OEMs and banks and maintaining a good working relationship with those external entities.
5. Follow up and ensure compliance relating to the fleet's contractual obligation and deadlines.
6. Support in solving any financial issues relating to the fleet contracts including liaising with involved parties.
7. Manage all fleet agreement documentation.
MINIMUM EDUCATION, QUALIFICATIONS & SKILLS
Education & Experience:
- 10-12+ years of financial experience with a minimum of 4 years' managerial experience.
- Bachelor's degree in finance (mandatory). Post-graduate degree (preferable)
- ACCA / CPA / ICMA / Equivalent International body professional certificate (mandatory).
Special Skills & Knowledge:
- Strong financial acumen and familiarity with aviation finance practices.
- Proven knowledge leading financial strategy development and execution.
- Experience in zero-based budgeting.
- Demonstrated outstanding organizational and leadership abilities.
- Deep business knowledge, strategic thinking and ability to derive financial insights for decision making.
- Experience driving large financial transformations with proven track record of driving financial success.
- Proven track record collaborating with cross-functional teams and stakeholders to achieve financial objectives.
- Dynamic leader able to manage a multi-cultural team, with a commanding presence and excellent communication skills.
- Self-starter, entrepreneurial mindset with experience in implementing disruptive and innovative business models, products/services/tools.
- Ability to work in a fast-paced environment / transformational setting.
- Ability to work with key stakeholders and external partners through teamwork in a non-hierarchical relationship framework.
- Organized and efficient and a strong problem solver and decision-maker.
- Proficiency in English (must) and Arabic (preferred).
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