Senior Specialist - Financial Planning and Analysis - -

Oman Investment Authority; Muscat; On-site; OMR 23,000 - 35,000; Full time

Job summary

Oman Investment Authority seeks a finance professional to lead and support budgeting, forecasting, management reporting and performance analysis, delivering timely insights to support decision-making and cost control aligned with the company’s objectives.

You will coordinate budgeting cycles, develop financial plans, review inputs, prepare management dashboards, conduct variance analysis, and collaborate with departments as a finance business partner to improve data quality and drive value.

Responsibilities

• Own and coordinate budgeting and financial planning process including preparation of budget guidelines and submissions.
• Lead development of short, medium and long-term financial plans, forecasts and rolling updates.
• Review and validate budget inputs and key assumptions from departments.
• Prepare periodic management reports and dashboards with financial indicators and commentary.
• Conduct variance analyses and provide insights for decision-making and cost control.
• Develop and maintain financial models and templates to support planning and evaluation.
• Prepare and monitor cash flow forecasts and identify liquidity risks.
• Provide financial advice as a business partner to departments to improve data quality and cost control.

Skills

Budgeting

Financial planning

Forecasting

Management reporting

Variance analysis

Financial modelling

Cash flow forecasting

Job description

Job Purpose

To lead and support financial planning budgeting forecasting management reporting and performance analysis activities providing timely financial insights to support decision-making cost control and achievement of the company s strategic and operational objectives

Responsibilities

• Own and coordinate the company s budgeting and financial planning process including preparation of budget guidelines templates timelines assumptions and consolidation of departmental submissions
• Lead the development of short medium and long-term financial plans forecasts and rolling updates in coordination with business units and departments ensuring alignment with strategic and operational objectives
• Review challenge and validate budget and forecast inputs received from departments including key assumptions cost drivers activity levels and supporting justifications
• Prepare periodic management reports dashboards and financial performance packs covering actual results budgets forecasts key financial indicators and management commentary
• Conduct regular variance analysis and analytical reviews of financial and operational performance ensuring robust budget control and highlighting key movements risks opportunities and performance management insights for management decision-making
• Perform financial evaluation of business cases projects initiatives service proposals and investment decisions including assessment of financial feasibility cost implications and value-for-money considerations
• Develop maintain and enhance financial models planning tools and templates to support budgeting forecasting scenario analysis financial evaluation and long-term planning activities
• Prepare maintain and monitor cash flow forecasts analyzing actual cash movements against forecasts identifying liquidity risks or funding gaps and recommending appropriate measures to support effective and optimal cash management
• Support management accounting activities including activity-based costing cost allocation cost driver analysis productivity analysis and departmental performance reporting
• Work closely with departments as a finance business partner to provide financial advice clarify planning requirements improve data quality and support effective cost control
• Adhere to all relevant quality health safety and environmental procedures instructions controls and role-specific OHSE KPIs to support employee safety service quality and environmental compliance