Financial Planning
7 months ago
**Financial planning & analysis (FP&A) plays a critical role in decision support, providing accurate and timely financial information to drive strategic business decisions and improve organizational performance.**
The job description of an FP&A (Financial Planning and Analysis) analyst includes the following duties and responsibilities:
**Financial planning**: Collaborate with cross-functional teams to support and develop annual financial plans, budgets, and forecasts for the organization.
**Performance analysis**: Conduct in-depth analysis of financial and operational performance, identify trends, and provide insights to drive decision-making.
**Reporting**: Prepare and distribute regular financial reports, highlighting key performance indicators, variances, and recommendations for improvement.
**Financial modeling**: Build and maintain financial models to support strategic planning, scenario analysis, and sensitivity testing.
**Cost analysis**: Evaluate the cost structure of the organization, identify areas for cost optimization, and recommend strategies to improve efficiency.
**Forecasting and variance analysis**: Monitor performance against budget and forecast, identify and explain variances, and work with stakeholders to address gaps.
**Business partnering**: Collaborate with business units and key stakeholders to understand the financial implications of strategic initiatives, provide financial guidance, and support decision-making.
**Risk management**: Assess financial risks and provide recommendations to mitigate risks and improve overall financial stability.
**Process improvement**: Identify opportunities to streamline financial processes, enhance accuracy and efficiency, and implement best practices.
**Ad hoc analysis**: Complete special projects and ad hoc analysis as requested by senior management or business leaders.
**Qualifications and Requirements**:
- A degree in accounting, finance or any other related academic major.
- Minimum of four years of working as a FP&A analyst preferably for a Telecommunication sector.
- Completed or pursuing a professional qualification, such as ACCA shall a plus.
- Excellent research, analytical, and problem-solving skills to assess complex situations and translate them into clear processes.
- Excellent communication, presentation, and interpersonal skills that allow you to thrive in a team environment.
- Experience in developing and updating process flows.
- Strong attention to detail and the ability to maintain accuracy while working with intricate information.
- Proficiency in using data management, data visualization and modelling tools.
- Strong organizational skills to manage multiple projects and deadlines simultaneously.
- A proactive and adaptable mindset, with a commitment to continuous improvement.
**Salary**: BD500.000 - BD1,000.000 per month
Ability to Commute:
- Manama (required)
Ability to Relocate:
- Manama: Relocate before starting work (required)
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