Finance Business partner

Injazat, a G42 company , empowers organizations to optimize their business
goals utilizing cloud and emerging technology solutions (Digital
Transformation, Cloud, and Cyber Security.), by co-creating transformational
digital platforms and services through public-private partnerships (PPP).
Partners include Oracle, Microsoft, ServiceNow, etc.

Injazat is a National Technology Champion , offering end-to-end digital
solutions through partnerships with our clients to build digital businesses
focused on great experience and outcomes. From Abu Dhabi, Injazat orchestrates
a wide ecosystem that brings technical design, human design, and business
design together to create digital solutions and businesses that advance
communities and delight those living in them. Injazat is an industry-
recognized market leader in the region for Digital Transformation, Cloud,
and Cyber Security.
JOB LOCATION: Saudi Arabia
Job Objective:
The role will be responsible for managing operational partner from financial
perspective. The candidate will drive commercial discussions with the
operational partner, support the operations and management in assessment and
implementation of commercial terms included in the partner Agreement.
Gather and analyze financial information on costs and expenses, as well as for
unit pricing to prepare analyses for the Management. Ensure accuracy of
charges, validate invoices and claims
Day to Day Operations
* Prepare month-end close by inputting financial actions and reviewing journal entries at both account and corporate levels.
* Ability to develop insightful financial reports and dashboards
* Conduct in-depth variance analysis
* Track monthly volumes by delivery model and calculate financial impact of any delay in transformation
* Calculate revised ACV and monthly charges based on changes in delivery model, volumes, etc.
* Work on Charge Adjustment to account for any Change in in-scope services, clients, resources or volumes
* Ensure application of relevant unit rates by taking into consideration volume band, delivery model transformation, and other factors that may trigger transition from one unit rate to another unit rate, etc.
* Track Minimum Volume Commitment (MVC) and proactively flag any potential shortfall to Management
* Incorporate impact of Customer satisfaction scores (NPS and CSAT, etc.) on MVC
* Ensure capitalization of all charges that meet the criteria for capitalization
* Incorporate the impact of market benchmarking on unit pricing and overall charges from the partner
* Work with CX team to proactively incorporate the impact of potential Churn and Account losses
* Track charges for all SOWs with operational partner. Ensure the accuracy of charges and incorporate them in MVC calculations
* Track and calculate Liquidated Damages and other deductions permitted by the Agreement
* Track customer provided and supplier provided resources to ensure correct cost recovery and charges, respectively
* Ensure inter-company transactions, accruals, billings, and payments are prepared, recorded, remitted and reconciled.
* Support audit requests to review and investigate account activity, providing information as needed and correct problems at the accounting level.
* Provide support for preparation of annual budget and periodic forecast.
Budgets and Plans
* Prepare monthly pulse checks and drive quarterly forecasts
* Analyze capability and service offering financials to determine performance.
* Perform sensitivity analysis to assess the impact of factors such as volume and growth fluctuations in cost.
* Investigate financial performance variances to identify business trends and forecast future financial activity.
People Supervisory
* Lead and empower high- performing teams and get them personally committed to the success of the company's strategic initiatives.
* Provide coaching, develop skills, deepen learning, and improve performance of employees and peers.
Continuous Improvement
* Motivate one's own team and identify opportunities to take part in change initiatives, programs and projects that reflect international best practice and changes in the competitive environment.
Policies, Processes & Procedures
* Recommend improvements to departmental policy and directs the implementation of procedures and controls so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service to customers.
MIS & Reports
* Helps direct the design, development, testing and implementation of financial and reporting system updates and enhancements, including updated internal controls
* Prepare the organization's financial reports and present findings and recommendations to the top executive management
* Analyze capability and service offering financials to determine performance.
* Perform sensitivity analysis to assess the impact of factors such as volume and growth fluctuations in cost.
* Investigate financial performance variances to identify business trends and forecast future financial activity.
* Provide support for preparation of annual budgets, by educating managers, developing financial tools/models, and preparing trend analysis and variance reports.
Related Assignments
* Perform other related duties or assignments as directed.
Internal
* All Injazat employees and management
External
* External Auditors
* Consultants and Advisors
* Suppliers
Minimum Qualifications:
* Bachelor's degree in Finance or Accounting or equivalent
* Additional qualification required: MBA or CFA/CA
Minimum Experience:
* ‎10+ years of experience in progressively financial roles
* Experience in interacting with external/internal auditors and representatives of national/international financial institutions
Job-Specific Skills:
* Review, analyse, and interpret business and financial data,
* Provide financial input that adds value to the business,
* Create a shared understanding with operation teams of the financial impact of their business decisions, and advise them to take appropriate actions, Work with operations to plan and establish financial targets for budgets, profit and loss (P&L), and balance sheet financials.
* Deliver financial information and analysis to internal INJAZAT groups such as executives, business operations, legal, sales, and other finance teams, Develop and deliver communications in written, verbal, and presentation formats.
* Track and analyse monthly receivables and payables,
* Analyse historical billing trends to assess the impact on cash flow,
* Influence pricing and client invoicing strategy for new business.