Senior Analyst, Financial Planning & Analysis

Role Purpose:  Build analytical tools such as financial modelling and interactive dashboards to evaluate the segmented performance per business unit, plan, geography, branch, etc.Drive growth and profitability of the company by working with each business units through strategic forecasting and business analysis and internal management reportingWork closely with senior management to develop internal reporting requirements that satisfy the needs of all stakeholdersReview and analyse actuarial’s technical provisions such as IBNR, OSLR; discuss adequacy of reserves with Insurance AuthorityLead the preparation of annual budget in accordance with the company goals and strategy.Align corporate spending to overall budget and company’s strategic objectivesSupport business units to align performance to the company’s strategy and objectives and provide financial guidance including but not limited to monthly variance analysis reports, feasibility studies and identification of cost driversAnalyse monthly actual vs. budget variance reports per department/branch/product and document/challenge reasons for variancesEnsure compliance to IFRS thorough and regular review of accounting treatmentsProvide support to Finance team during month-end closing by reviewing provisions, revenues, reinsurance and investment accounts. Ensure compliance to IAS and local laws and regulationsSatisfy regular reporting requirements of Insurance Authority, Health Authority of Abu Dhabi and any other government entities Provide ad-hoc financial reports and analysis to support rational of business decisionsFocal point of contact for external auditors, government entities such as, Insurance Authority, Abu Dhabi Accountability Authority, Statistics Centre Abu Dhabi, Dubai Statistics Centre…etc.Contribute in the enhancement of financial controlling function to minimize inefficiencies over processes and provide efficient and effective support to the different stakeholdersDevelop technical skills of colleagues, whether in Accounting or Financial Control units through knowledge transfer and delegation Key Requirements and Qualifications: Minimum 8 years of operational experience in both financial accounting and reporting, preferably in a service environment or in a financial sectorExperience in Oracle Financials is a mustCMA, CPA, ACCA or other financial certification is a plusBachelor’s degree in Accounting, Finance or Commerce Skills and Competencies: Good business understanding and backgroundGood leadership skills including people management, selection and development skillsVery good command of written and spoken English; knowledge of Arabic language is an advantageVery good analytical, planning, forecasting, execution and problem-solving skillsResults oriented whilst ensuring high quality of work and able to “think out of the box”Strong level of customer service orientation and professionalism in all interactionsSolid knowledge of health insurance conceptsAdvanced MS Excel skillsGood knowledge of cost accounting and financial reporting & analysisSolid knowledge of IFRS