Manager Financial Planning

To manage government budgeting and reporting (financial and operational) for various business projects including the management of all related stakeholder relations budgeting forecasting and treasury processes in order to ensure the provision of accurately and timely reports in line with relevant policies and procedures.

To assist with the consolidation and reporting of financial and business performance against internal KPIs and plans and to administer manpower budgeting and forecasting process ensuring completion of information to be used in the consolidated business plan.

Responsibilities : 

• Manage the design and preparation of monthly management reports for all the Government funded initiatives.
• Report on a monthly basis to the CFO and senior finance management on Government funded initiatives including any variances highlighting any key issues and providing recommendations.
• Manage the preparation and submission to the Department of Finance (DOF) and Department of Energy (DoE)of all financial related returns monthly quarterly and yearly and address any other adhoc requests from Government entities or related to Government funded initiatives.
• Ensure timely and accurate submission of all financial reports to the statistics centre on a yearly basis mainly being the Financial Investments Survey Industrial and Economical Survey Environmental and R&D Survey.
• Manage any reporting to the Department of Economic Development (DED) and the Executive Council (EC) on a timely manner
• Ensure that all transactions of ZSP & IRENA have been accounted for and accurately reflect all transactions.
• Review and analyse the transactions in the GL periodically prepare required journals to reclassify entries to the correct account and project and review and process all subledgers inputs (namely Account Payable) prior to month end deadlines.
• Work with project managers to ensure that accruals/provisions and prepayments are prepared and entered on a monthly basis and monitor the monthly costs on certain projects based on the activity code. Also prepare activity reports based on actual cost details against the activity budget.
• Manage and prepare reconciliations along with supporting documents/schedules/information that are required for the monthly management file quarterly and annual review by the external auditors and information required to support the group information uploaded to the shareholder.
• Manage the entire budgeting process for Government funded initiatives and liaise with the DOF to ensure alignment.
• Manage and lead all Government initiative budget submissions and approvals with DoE.
• Manage all monthly and quarterly submissions to DoE and ensure compliance with any imposed regulations and or instructions
• Provide full guidance to Masdar management on all DoE and DoF budget matters
• Lead manage and prepare the DOF budget templates and communicate with the project managers on any new DOF/Abu Dhabi Executive Office) guidelines.
• Lead and manage the Manpower Budget submissions of Government funded initiatives with Human Capital to ensure accurate manpower cost submissions.
• Manage prepare and complete the DOF & Shareholders Summary Budget templates for each of ZSP and IRENA.
• Prepare a quarterly drawdown forecast for ZSP &IRENA and share with treasury to ensure the timely drawdown of funds on a quarterly basis to maintain a positive cashflow.
• Review and challenge all budget submissions working closely with the project management senior finance management and the C suite to ensure compliance with DOF guidelines.
• Manage and consolidate budgets of all Government funded initiatives.
• Maintain a year on year track of all actuals versus budgets for the Government funded initiatives
• Lead and manage the quarterly and yearly forecast exercise with the PMs.
• Manage and coordinate budget review meetings with the CLevel and ensure any changes are reflected.
• Prepare the DOF budget templates and communicate with the project managers on any new DOF/Executive Council (EC) guidelines.

Qualifications :

Preferred Experience :

68 years of experience in financial planning and reporting (preferable Government reporting) with at least 34 years working at a group financial planning and reporting level in large multinational companies involving similar responsibilities and activities or equivalent experience.

JobSpecific Skills :

• Exceptional communication and interpersonal skills leading to a consultative approach within a corporate / multifunctional environment.
• Extensive knowledge of ERP environment.
• Extensive knowledge of International Financial Reporting Standards (IFRS).
• Extensive knowledge of various accounting processes and an understanding of internal controls.
• Extensive knowledge of international auditing standards.

Additional Information :

Masdar is one of the worlds fastest growing renewable energy companies and a green hydrogen leader placing the UAE at the forefront of the energy transition.

As a pioneer in advancing the clean energy sector and a key enabler of the UAEs vision as a global leader in sustainability and climate action Masdar has developed projects in more than 40 countries across six continents and has invested or committed to invest in worldwide projects with a combined value of more than US$30 billion.

Masdar unites the UAEs three energy champions Mubadala ADNOC and TAQA and will utilize their combined expertise to fulfill its purpose as a global clean energy pioneer across renewables and green hydrogen.

Promoting innovation in solar wind energy storage wastetoenergy and geothermal energy Masdar has a proven record of delivering pioneeringprojects using cuttingedge clean energy technologies that are commercially viable and bankable.

Remote Work :

No

Employment Type :

Fulltime