Position Senior Manager Financial Planning & Analysis Job Number 00006 Job Entity Finance Posting Date 21/11/2022 Closing Date 31/12/2022 Direct Supervisor (Solid) Head of Financial Planning & Analysis Job Purpose Summary *** Preference for Qatari Nationals*** The incumbent will be responsible for supporting the Head of Financial Planning and Analysis for the management and organization of the Finance Planning function of Nebras, including long term business planning, annual budgeting and periodic budget updates. He/She will also perform business plan sensitivities analysis for credit metrics analysis and capital allocation purposes. The Senior Manager Financial Planning and Analysis will be also in charge of the management reporting process, defining guidelines and reporting methodologies in order to ensure timely, reliable, transparent management information to CEO, Executive team, Board of Directors and Shareholders. He/She will be also charged with the responsibility of establishing and maintaining an effective performance management system; on that respect he/she will provide effective support in setting operating and financial targets for the financial year in consistence to Group strategy and long-term business plans and in monitoring the achievement of those targets. He/she will discharge his/her responsibilities under the coordination and supervision of the Head of Financial Planning and analysis Essential Duties & Responsibilities by Dimensions Manage Nebras long term business planning, annual budgeting and periodical budget updates, defining business planning guidelines, timeline, key assumptions and standard templates. Develop and maintain business plan booklet and other budget-related reports and documentation. Ensure compliance with the FP&A policies and procedures, as well as develop proposal aimed at enhancing standards and increasing accuracy and efficiency of the Finance planning process. Perform business plan sensitivities analysis for credit metrics analysis and capital allocation purposes. Manage Nebras management reporting process, defining guidelines and reporting methodologies. Ensure timely, reliable, transparent management information to CEO, Executive team, Board of Directors and Shareholders. Analyze Nebras operating and financial performance against target identifying key variances and providing support for corrective actions. Coordinate periodical business review meetings. Develop and implement early warning systems that will help the Executive Team in detecting and handling deviations to the planned finance outlook of Nebras without compromising the reasonable financial balance between outflow and inflow of funds. Establish and maintain an effective performance management system: provide effective support in setting operating and financial targets for the financial year in consistence to Group strategy and long term business plans. Develop and maintain Group balanced scorecard linked to rewards and compensation system. Manage the spending authorization process and review budget change requests to ensure compliance to the Group policy on Delegation of Financial Authority, and monitor corporate operating expenses, G&A and capital expenditure against budgets. Analyze expected returns and financial compatibility of investment proposals and formulate recommendations for the relevant authorization bodies. Perform investment assurance and Sign-off for capital allocation regarding proposed projects. Perform post-investment appraisal. Provide support to Business Development and M&A functions during pre-development or pre-acquisition phase (i.e. due diligence process, business evaluation, investment assurance competitive bidding) and during the post-acquisition/integration phase for the implementation of policies, processes and systems in line to Nebras planning and management reporting policies. Coordinate internal and external benchmarking analysis and special projects aimed at improving operational efficiency of the asset portfolio managed by the Nebras and for value creation purposes. Pursue initiatives on system development for automation of Group financial planning and management reporting; maintain and enhance new systems post-implementation. Coordinate financial planning & analysis functions of Group’s subsidiaries ensuring adherence to Nebras policies and standards. Assist in coordinating with the internal and external auditors and provide all required information to the concerned parties in order to facilitate the preparation of internal and external audit reports, respectively. Education/Experience Requirements Essential: University degree in Accounting, Finance and/or Business Administration from a recognized University. Preferred: Master in Finance and/or Business Administration from a recognized Management School. * As Nebras requires a high level of expertise, the above mentioned educational requirements are compensated for through extensive years of experience in a related sector or field. Required Special Skills Essential: Minimum of 6-8 years of experience in financial planning and analysis of which 3 years should be in a similar position/responsibility Minimum of 3 years of Financial Modeling experience Familiarity with ERP systems (Oracle preferably) Strong knowledge of planning and management reporting systems (Oracle preferably) Preferred: Minimum of 3 years exposure to global power/water/renewable sectors Exposure to international companies with large complexity and to multicultural environments Knowledge and/or exposure to Qatar or other Gulf regions. SKILLSET: Superior analytical and synthesis skills. Strong communication and interpersonal skills with sensitivity to different cultures. Ability to build trust and effective personal relations both within the organization and with all relevant external stakeholders. Ability to multi-task and work under pressure. Ability to work in team. Strong negotiation skills. Stay abreast of the latest trends/tendencies on financial planning and analysis and management reporting. PERSONAL ATTRIBUTES AND MINDSET: Maintain highest standards of professional conduct, ethics and integrity. Ensure high standards of confidentiality to safeguard sensitive information. High energy with a “can do” mentality. Strongly believe in continuous benchmarking and continuous improvement. Robust intellect and constant desire to learn. Drive, self-reliance and pragmatism, great determination in achieving results. Analytical, inquisitive nature. Capability to easily adapt to fast moving, changing environments and cultural differences Framework and Boundaries FINANCIAL AUTHORITY: According to Delegation of Authority Manual BUDGET RESPONSIBILITY: None Communications and Working Relationships INTERNAL INTERACTIONS: Finance team Executive team Relevant representatives of all organization’s functions EXTERNAL INTERACTIONS: Relevant representatives of company’s shareholders CFOs/Financial Controllers of subsidiaries/associates/investees Domestic and International lending institutions Other financial Institutions: ECAs/Multilaterals/Developing Finance Institutions Credit rating Agencies Accounting and Tax, Technical, Legal, Market and other company’s external advisors Government of Qatar’s relevant regulatory authorities. Supervisory Responsibilities NA
