Website Famal Co Holdings Ltd
Job summary:
The Financial planning and analysis manager is responsible for financial planning, budgeting, forecasting, and performance analysis. This individual will collaborate with cross-functional departments to provide strategic insights and financial guidance to senior management. The Financial planning and analysis manager will ensure the company’s financial health, and support decision-making through data-driven analysis and forecasting.
Key Responsibilities:
Financial Accounting and Reporting:
Present accurate and timely Management accounts for the business.
Ensure timely and accurate recording of financial transactions and reconciliations.
Reconcile stock inventory inputs, transfers and reconciliations processes.
Monitor accounts payable and receivable processes, ensuring timely payments and collections in accordance to agreements.
Ensure compliance with financial regulations, accounting standards and internal policies.
Financial Compliance:
Ensure timely and accurate submission of monthly, quarterly, and annual financial reports to management and stakeholders.
Ensure compliance with financial reporting standards and internal controls.
Monitor financial systems and reporting tools, suggesting improvements or updates as necessary.
Keep up to date with changes in accounting and financial regulations, ensuring adherence to new laws or guidelines.
Strategy and Planning:
Develop and implement strategic plans aligning with financial goals
Manage long-term investment planning
Optimise cost of capital and financial flexibility.
Prepare long-term plans for future scenarios
Build and maintain relationships with banking and financial institutions
Manage and mitigate financial risks including interest rates and foreign exchange risks.
Other Duties:
Provide ad-hoc financial analysis and support as required by management.
Participate in the development and implementation of financial policies and procedures.
Assist in risk management assessments related to financial activities.
Support in internal control assessments and audits.
Collaborate with other finance team members to improve processes and systems.
Required Qualifications:
CPA, ACCA, or similar financial qualification preferred.
2+ years of experience in financial accounting and analysis, preferably in a corporate setting.
Strong understanding of accounting principles, financial reporting, and financial modeling.
Proficient in accounting software and advanced Excel skills.
Experience with financial forecasting, budgeting, and variance analysis.
Knowledge of tax regulations and financial compliance.
Excellent analytical, problem-solving, and communication skills.