Senior Manager Budget Management & Reporting - 6 Months Contract Role

Transguard Workforce Solutions; Dubai; On-site; AED 480,000 - 640,000; Full time

Job summary

Transguard Workforce Solutions is seeking a Senior Manager Budget Management & Reporting for a Dubai-based client on a 6 months extendable contract. You will consolidate the annual manpower budget (AED 1.2 Bn+) and ensure governance and reporting in line with DoF rules.

The role requires managing day-to-day budget transactions, providing forecasts, and delivering insights to stakeholders using Hyperion, Finsight and GRP platforms.

Qualifications

• Knowledge of end-to-end Budget Management.
• Knowledge of Department of Finance (DoF) systems/process/governance.
• Knowledge of HR policy/salary & benefits/cost elements.

Responsibilities

• Consolidate annual manpower budget in coordination with OD & Workforce Planning team.
• Ensure data upload in Hyperion & Finsight aligns with approved budget.
• Manage monthly forecasts in Finsight and monitor budget consumption.
• Provide insights on variances and suggest corrective actions.
• Generate reports for Budget in Hyperion, Finsight and GRP for stakeholders.

Skills

Budget management

DoF systems

HR policy

GRP

Hyperion

Finsight

MS Office

Simulations

HR certifications

Tools

GRP

Hyperion

Finsight

Job description

Transguard Workforce Solutions continues to lead the UAE market as a trusted partner for innovative and fully integrated HR services. With more than a decade of experience and a highly skilled team, we are proud to support organizations across the region with tailored workforce solutions.

We are currently hiring a Senior Manager Budget Management & Reporting - 6 Months Extendable Contract Role on behalf of a prestigious client, based in their Dubai office.

Job Purpose:

The role is responsible for managing the Manpower Budget (AED 1.2 Bn +) and ensure budget governance and reporting in line with Department of Finance (DOF) regulations . The role is required to manage day to day budget transactions/queries and reporting and systems compliance. The role will manage and provide insights on short term and strategic forecasts in order to ensurethat manpower costs are well planned inline with strategic direction of the organization.

Job Description:

• Consolidate annual manpower budget in coordination with OD & Workforce Planning team (budget size AED1.2 Bn +)
• Ensure all cost elements and their incremental impact are accurately captured in the budget
• Ensure data upload in Hyperion & Finsight system is in line with approved manpower plan and budget
• Ensure annual manpower submissions are done in line with DoF deadlines and guidelines
• Act as a point of contact for all DoF queries and address all queries related to budget from DOF and Finance dept. and internal stakeholders
• Highlight key trends/changes in directives/guidelines/gaps to reporting Department Head for timely action.
• Run accurate monthly forecasts in Finsight system of Budget elements and overall manpower budget to monitor consumption
• Highlight areas of variance and overconsumption to recommend corrective actions
• Develop long term Manpower budget forecasts based on strategic plan and future HC/pax/revenue forecasts
• Coordinate with Finance and Internal teams to understand future cost impact on various elements to develop more accurate costing and forecast.
• Manage all regulatory reporting and internal reporting with regards to Budget in Hyperion, Finsight and GRP
• Ensure accurate reports are available in Finsight, GRP, Hyperion and other reporting tools
• Prepare monthly Budget forecast and other cost related reports for Work force Planning Committee in coordination with Department Head.
• Ensure Budget transfer requests are accurately monitored and verified on monthly basis prior to approval
• Ensure DoF reports on headcount movement are provided on timely basis
• Provide insights on various Organisation level performance indicators linked to manpower budget/cost
• Provide periodic productivity reports on Pax/HC, revenue/Pax, Cost Per Pax etc. to reflect organisational efficiency
• Provide reports to internal stakeholders on Manpower budget and cost related queries
• Develop average cost matrix on yearly basis based on previous year’s consumption and updated Grade-wise cost matrix to be used by HRBPs and Finance for average costing.
• Coordinate with audit agencies GIARA, DGHR & FAA to implement improvement suggestions recommended by these agencies
• Respond to queries of the audit agencies
• Ensure the budgeting is done as per the DOF ceiling on headcount & cost
• Ensure the monitoring of headcount on monthly basis, to maintain it within the approved budget throughout the year.

Skills & Requirements:

• Knowledge of end-to-end Budget Management
• Knowledge of Department of Finance (DoF) systems/process/governance
• Knowledge of HR policy/salary & benefits/various cost elements
• Expertise in GRP/Hyperion/Finsight.
• Advanced level Microsoft Office knowledge and specifically in simulations.
• Certifications/trainings in HR field will be an added advantage.