Financial Analyst- UAE Nationals

  • Regions Middle East
  • Country United Arab Emirates
  • City Dubai
  • Type of Employment Permanent
  • Job number WTSBR12626

About the job

WTS Energy is looking for an Emirati Financial Analyst (Business Analysis & Decision Support) to work permanently in Dubai. The client is a national oil company.

Job Purpose:
The Job holder supports the business analysis and decision support function by performing in depth detailed analysis of the various performance drivers and highlighting the areas of concern on a proactive basis.
•    Responsible for developing, introducing, monitoring and suggesting improvements to the overall Budget/Planning and reporting processes for the Retail Business Stream (RBS). 
•    Responsible for BI Cognos Updates and reporting system 
•    Responsible for preparation of Expenditure Requests, Head Lease Analysis, Post Expenditure Analysis, Promotional Analysis and other analysis relating to new initiatives/projects


Principal Accountabilities:

RBS Strategy

•    Contribute to the process for developing the RBS business strategy.
•    Forecast Seasonality trends
•    Analyze current performance data to measure the progress of the business
•    Collecting Trade Area development information
•    Collect relevant external business environment data that influences the development of RBS Business strategy
•    Develop timelines for compiling RBS Business Strategy in a well-structured manner

Retail Planning
•    Contribute within timeline for building the five years Plan including New to Industry and new initiatives for Retail Outlets.
•    Develop timeline and schedule for building Top down & Bottom up Plan for Retail outlets
•    Collaborate with Retail Operations Department to build up the bottom up Forecast and plan at site level.
•    Analyze impact factors for detailed forecast of all site activities
•    Prepare Site level Ratio Analysis
•    Compile the plan figures in well-structured manner and update the same in the system

Business Analysis & Decision Support
•    Prepare margin reports on agreed dimensions and other KPI related reports.
•    Prepare monthly data for inventory analysis.
•    Prepare standard internal management reports
•    Prepare adhoc reports
•    Assist in preparation of reports to be submitted to external agencies
•    Analyse prior and post promotional activities on Stores/ Car Wash and QOC
•    Prepare preliminary Profit and Loss statement of promotional activities
•    Prepare periodical/weekly breakeven analysis report
•    Prepare post promotional performance analysis report
•    Monitor & identify product/promotion performance  

New Investment /Projects.
Prepare Capital Expenditure Requests (ER’s)

•    Analyze feasibility of New to Industry sites, re-build, APC Enhancements on existing sites, Real Estate Development and Capital Expenditure Requirements.
•    Prepare Executive summary of trade area analysis
•    Follow-up approval of Expenditure Requests
•    Analyze Post Expenditure performance of Capital Projects versus assumptions

Prepare Post Expenditure Review (PER’s)
•    Analyze performance of New to Industry sites, re-build, APC Enhancements on existing sites, Real Estate Development for two years from commissioning.
•    Prepare Executive summary of projects with Capex above AED 1 million of performance versus Assumptions
•    Follow-up approval of Post Expenditure Review report

Prepare Head Lease Analysis
•    Analyze feasibility of prospective locations based on estimated trade area.
•    Prepare executive summary of trade area analysis.
•    Follow-up approval of Head Lease proposal

Systems Review
•    Co-ordinate in the development and implementation of IT project enhancements and assists in the response to audit queries.
•    Co-ordinate with business units for enhancement of Cognos reporting system
•    Provide support to business units for planning module in ERP
•    Conduct User Acceptance Testing of the system to ensure that it meets the requirements.

Month-end Process
•    Verify accuracy of site data 
•    Support in Month-end process to close the monthly books
•    Verify Month-end reports and circulate to Business Units.

Cost Savings Initiatives
•    Collate periodical data for various cost saving initiatives (like Project Evolve, Self-Serve, ROM Energy saving Project, etc.)
•    Monitor performance 
•    Prepare Gap Analysis report

Special Assignments
•    Assist the Manager Business Analysis & Decision Support with ad hoc strategic projects and special assignments.

Support to Corporate Initiatives
•    Prepare financial analysis as an SME for Innovate Scheme.
 

Requirements

•    Educational Qualification: Finance graduate.
•    Experience in Financial Analysis
•    System Skills: ERP system exposure, MS Office, Data Modelling.
•    Inter Personal Skills: Good
•    Communication Skills: Good
•    Presentation Skills: Good
 
Send to email