Financial Planning and Analysis Manager

Mada Media DXB; Dubai; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading media company in Dubai is looking for a Financial Planning and Analysis Manager to oversee financial health and support strategic initiatives. The role requires fiscal management, accurate forecasting, and collaboration with departments to ensure effective budgeting and financial analysis. Ideal candidates should possess a strong finance background with at least 10 years of experience, along with proficiency in financial modeling and regulatory compliance.

Benefits

Competitive salary

Professional development opportunities

Qualifications

• At least 10 years of experience as a finance lead or a similar role.
• Proficient in building and maintaining complex financial models for analysis and projection.
• Strong skills in leading the development and maintenance of budgets and financial forecasts.

Responsibilities

• Lead the development and maintenance of the annual budget and financial forecasts.
• Collaborate with various functional leads for accurate budgeting and forecasting.
• Provide insights into performance drivers and recommend corrective actions.

Skills

Financial modeling

Team leadership

Financial analysis

Communication skills

Risk assessment

Education

Bachelor’s degree in Finance, Accounting or Economics

CA/CPA/CFA certification

Master’s degree in Finance or Accounting

Tools

Oracle GRP

Oracle Hyperion

Job description

Overview

Mada Media, a leading privately-owned outdoor media entity in Dubai, is seeking a skilled and experienced Financial Planning and Analysis (FP&A) Manager. The FP&A Manager plays a pivotal role in driving the company’s financial health and supporting its strategic initiatives. Reporting directly to the Finance Director, this position is responsible for providing comprehensive financial oversight and analysis to provide a solid foundation for key financial decisions.

The role includes accurate forecasting, diligent monitoring, and expert budgeting, which supports fiscal planning and ensures financial sustainability. As well as developing and maintaining the annual budget, analyzing financial performance against key performance indicators (KPIs) and communicating financial information to both financial and non-financial stakeholders.

Key Responsibilities

• Lead the development and maintenance of the annual budget and periodic financial forecasts
• Develop finance strategy plans including new initiatives
• Collaborate with various functional leads to gather relevant information for accurate budgeting and forecasting
• Collaborate with other departments to analyse financial performance against key performance indicators (KPIs)
• Provide insights into the drivers of performance and recommend corrective actions as needed
• Review and explain variances between actual financial results and budget/forecasted figures
• Review the preparation of financial models to ensure effective projection of the financial performance of the organization
• Coordinate with the relevant departments to assess the potential financial impact of changes in laws and regulations
• Conduct scenario analysis to assess the impact of different business decisions on financial outcomes
• Review and present regular management reports and performance metrics to senior management
• Review dashboards and reports that highlight key financial indicators for decision-making
• Contribute to the development of long-term financial strategies aligned with the organization's goals
• Analyse and interpret financial trends, market trends, and industry benchmarks to assess the company's financial performance
• Conduct profitability & cost analysis to identify areas of cost savings, efficiency improvements, and optimization of resource allocation
• Implement and manage financial planning tools and software to enhance the efficiency and accuracy of forecasting and planning processes
• Communicate financial information and insights effectively to both financial and non-financial stakeholders

Your Background

• Proven ability to develop and motivate of a team of skilled FP&A professionals, fostering a collaborative and results-oriented environment where team members are empowered to contribute their expertise
• Ability to set strategic vision and direction for the FP&A section, ensuring alignment with the overall business strategy, and development and implementation of processes to improve financial planning, analysis, and reporting
• Comprehensive understanding of the financial markets, regulations, and accounting practices relevant to publicly listed companies or those undergoing IPO preparation
• Strong knowledge of various financial instruments and their impact on financial performance
• Ability to analyze complex financial transactions and assess their risks and rewards
• Successful leadership of an FP&A team in a publicly listed company or one preparing for an IPO. Navigated the specific financial reporting requirements and regulatory environment for such entities
• Ability to build strong relationships with key stakeholders across the organization, ensuring clear communication and alignment between FP&A and other departments
• Experience in transformation of business strategies into actionable financial models that forecast future performance and assess potential risks and opportunities
• Ability to set clear goals and expectations for the FP&A team, holding them accountable for delivering accurate, timely, and insightful financial analysis
• Strong focus on compliance with relevant financial regulations and accounting standards. Implements internal controls to ensure the accuracy and integrity of financial data
• Exhibit leadership qualities by ensuring all financial data, analysis, and models are meticulously reviewed and error-free, emphasizing the importance of precision in all aspects of FP&A activities
• Highest ethical standards maintained, ensuring all FP&A activities are conducted with honesty and integrity, fostering a culture of trust within the team and the organization
• Effective communication of financial information to external stakeholders (investors, auditors, regulators) in a transparent and trustworthy manner

Key Requirements

Essential:

• A bachelor’s degree in Finance, Accounting or Economics. CA/CPA/CFA certification or a Master’s degree in Finance or Accounting or equivalent qualification
• At least 10 years of experience as a finance lead or a similar role
• Proficient in building and maintaining complex financial models for analysis and projection
• Strong skills in leading the development and maintenance of budgets and financial forecasts
• Ability to analyse financial data, conduct scenario analysis, and interpret variances
• Effective communication skills to present financial reports, insights, and recommendations to senior management
• Experience in the development of long-term financial strategies aligned with growth objectives of the organisation
• Skill in creating dashboards and reports that highlight key financial indicators for decision-making
• Experience in implementing and managing financial planning tools and software to enhance forecasting and planning
• Working knowledge of Oracle GRP and Oracle Hyperion
• Fluent in English