Transformation Finance Analyst

Emarat - Emirates Petroleum Company P.J.S.C; Dubai; On-site; AED 250,000 - 420,000; Full time

Job summary

Emarat is seeking an experienced Finance Analyst to support transformation initiatives by delivering financial analysis, insights, and recommendations that drive strategic decisions and improve operational efficiency.

You will prepare detailed reports, ensure accurate forecasts, and coordinate with departments to gather data for timely reporting, while auditing data for integrity and compliance with standards.

Qualifications

• Bachelor’s degree in finance, accounting, business administration, or a related field.
• Minimum of 6 years’ experience in financial analysis, budgeting, and forecasting.

Responsibilities

• Assist in the creation of detailed financial reports that summarize the financial performance of transformation initiatives.
• Ensure forecasts are accurate and reflect the latest data and assumptions.
• Coordinate with relevant departments to gather necessary financial data and ensure timely reporting.
• Review financial data for completeness and accuracy, identifying discrepancies or errors.
• Implement processes to validate financial information and ensure compliance with internal standards and external regulations.
• Conduct regular audits of financial data to maintain data integrity.
• Analyze financial results to assess the effectiveness of transformation initiatives and identify trends.
• Prepare presentations and reports that summarize financial performance for senior management and stakeholders.
• Collaborate with other departments to understand financial implications and provide recommendations.
• Evaluate existing financial processes to identify inefficiencies or areas for enhancement.
• Recommend changes to financial procedures to improve efficiency and reporting.
• Track the implementation of process improvements and assess impact on performance.
• Conduct cost-benefit analyses to determine financial implications of current processes.
• Identify opportunities for cost savings and efficiency improvements.
• Collaborate with cross-functional teams to optimize resource allocation and financial performance.

Skills

Financial analysis

Budgeting

Forecasting

Reporting

Education

Bachelor’s degree in finance, accounting, business administration or related field

Advanced degree or professional certification (CFA, CPA) preferred

Job description

Job Description:

Job purpose:

To support the transformation initiatives by providing financial analysis, insights, and recommendations that drive strategic decision-making and enhance operational efficiency within the organization.

Key responsibilities:

• Assist in the creation of detailed financial reports that summarize the financial performance of transformation initiatives.
• Ensure that forecasts are accurate and reflect the latest data and assumptions, providing insights into future financial performance.
• Coordinate with relevant departments to gather necessary financial data and ensure timely reporting.
• Review financial data for completeness and accuracy, identifying any discrepancies or errors that need to be addressed.
• Implement processes to validate financial information and ensure compliance with internal standards and external regulations.
• Conduct regular audits of financial data to maintain high standards of data integrity.
• Analyze financial results to assess the effectiveness of transformation initiatives and identify trends or areas for improvement.
• Prepare presentations and reports that summarize financial performance for senior management and stakeholders.
• Collaborate with other departments to understand the financial implications of their activities and provide recommendations for improvement.
• Evaluate existing financial processes to identify inefficiencies or areas that require enhancement.
• Recommend changes to financial procedures to improve efficiency and effectiveness in reporting and analysis.
• Track the implementation of process improvements and assess their impact on financial performance.
• Conduct cost-benefit analyses to determine the financial implications of current operational processes and practices.
• Identify opportunities for cost savings and efficiency improvements within the organization.
• Collaborate with cross-functional teams to implement changes that optimize resource allocation and enhance financial performance.

Quality & Excellence Management:

• Assist the Transformation and Innovation Manager with the following activities:
• Manage the development and implementation of strategy and growth operational quality standards and excellence initiatives, ensuring alignment with Emarats goals and fostering a culture of continuous improvement.
• Evaluate progress and performance against established KPIs to ensure that monthly and annual targets are met, identifying areas for corrective action as necessary.

Qualifications:

• Bachelor’s degree in finance, Accounting, Business Administration, or a related field; advanced degree or professional certification (e.g., CFA, CPA) preferred.

Experience:

• Minimum of 6 years’ experience in financial analysis, budgeting, and forecasting, preferably within a corporate or transformation environment.

Emarat is a multi-channel power and energy company with a much-loved network of service stations and fuel depots across Dubai and the Northern Emirates. We meet the day-to-day petrol and LPG needs of millions of people while also helping to keep the engines of Industry running with fleet solutions, aviation fuel and commercial fuel services.

The Emarat brand has earned its reputation for providing great value and high-quality products and services – which is why you can expect the expected, every time.

Our network spans right across the north of the UAE, from Dubai to Ajman, and from Fujairah to Sharjah, plus many other locations in between. Service and quality are incredibly important to us, which is why we are proud to provide our customers with high-quality fuel, lubricants, state-of-the-art car washing facilities, best-in-class terminalling, bulk fuel logistics and great franchise opportunities for ambitious businesses.

Oh, and we also serve superb freshly-ground Arabicca coffee for anybody with a taste for the real thing.

All our colleagues – from the barista to the car mechanic – are fully trained in how to deliver great customer service. We operate ethically and to the highest international and national HSE standards, making sure that employees, customers and business partners are happy and safe at Emarat.

Emirates General Petroleum Corporation, Emarat, serves millions of customers across Dubai and the Northern Emirates and Dubai with great value, high-quality fuel at modern service stations. We serve the nation’s businesses across multiple industries, including hospitality, construction, aviation and real estate with a wide range of commercial fuels and lubricants.

In addition, we distribute to our residential customers from our LPG bottling plants in the Jebel Ali Free Zone and our new distribution centre in Al Qusais, ensuring that residents across Dubai and further afield are never far away from a fast and reliable source of power. Through our modern, best-in-class terminals at Jebel Ali, Fujairah and Ras Al Khaimah, we lease the latest, high-quality fuel storage and distribution facilities.

Across the entire Emarat network, from our service stations, terminals and to your doorstep, everything we do is driven by customer happiness.

We always provide service with a smile.