Manager – FP&A

Job description:

Compensation for this role is determined based on the candidate’s experience, skills, and qualifications. The salary range provided is indicative and may be adjusted to ensure alignment with individual competencies and internal equity. We value talent and encourage all qualified individuals to apply.

Duties and Responsibilities:

The FP&A Manager will be responsible for providing management with a forward-looking view of business performance, connecting operational activity to financial outcomes.

1. Budgeting and Forecasting

• Consolidate inputs from all departments into an integrated financial model: P&L, Balance Sheet and Cash flow forecasts
• Forecast free cash flows (FCF) monthly on a rolling 12 month period and identify risks / opportunities to FCF. Perform a variance analysis between actual, forecast, and last year.
• Lead the financial planning, the annual budgeting, and rolling annual forecast process

1. Project Finance

• Own the monthly Estimate at Completion process for project contribution margin, comparing forecast project profitability against the original estimate.
• Monitor actual costs, open purchase orders, and committed costs against project budgets. Identify the key drivers of the changes in forecast.
• Partner with Project Managers to identify cost overruns and investigate root causes
• Partner with QS to improve cost-to-complete forecast accuracy and pricing decisions.
• Partner with Planning/ HR in labour loading and productivity against project requirements.
• Partner with Procurement in analysing savings and supplier performance.
• Analyse historical project performance and future project pipeline, including revenue, margin and cash-flow implications, and present a project risk and opportunity dashboard.

1. Financial Analysis

• Monitor project specific accounts receivable, customer advances, retention, unbilled revenue, inventory and accounts payable to improve cash conversion and reduce project working-capital requirements.
• Analyse headcount by function. Establish cost-driver-based analysis across SG&A.
• Perform scenario modelling to assess the financial impact of various investment decisions or strategic initiatives.
• Analyze buy vs lease using NPV framework

1. Financial Reporting

• Establish a single MIS format and business vocabulary. Ensure all departments use consistent assumptions and definitions.
• Translate financial and operational information into clear insights, highlighting key drivers, risks, opportunities and recommended actions for management.
• Support SAP and business intelligence initiatives, including the development of Power BI or similar reporting solutions.
• Report on Budget vs Forecast by Business Unit, Project and Function

1. Key Deliverables

• Rolling 12-month forecast
• Annual budget and long-term financial plan
• Monthly project estimate at completion and margin forecast
• Project risk and opportunity dashboard
• Working capital and cash-flow forecast
• Budget vs Forecast analysis
• SG&A and headcount analysis
• Business cases and scenario models
• Standardized MIS and KPI framework

Pay: From AED15,000.00 per month

Education:

• Master's (Preferred)

Experience:

• Budgeting and Forecasting: 10 years (Required)

Work Location: In person