Business Finance Analyst

Job Purpose: To provide dedicated financial services to a department by: -
ensuring that all income and expenses are effectively managed and controlled
through the provision of accurate financial information and the analysis and
tracking of cost and expenditure - enhancing performance monitoring through
production of standard business performance reports identifying the key
issues, KPIs for exception reporting to the management and provide subject
specific reports that enable more granular understanding of the key drivers
that impact cost and revenue - providing financial decision analysis
recommendations to the business. Job Outline: - Provide front line advice to
complete the annual budget submission to Cost Centre holders for timely
completion of budget consolidation at a division level, demonstrating
productivity improvements year on year. Provide back up evidence to BFMs/FMs
with detailed analysis, in order to appropriately challenge budget
assumptions. Ensure that the budget focuses on KPIs for each part of the
business and is aligned to the long term plan. - Provide continuous hands-on
guidance to business managers in terms of financial awareness by educating on
financial systems and procedures that govern best practices, specific to
business domain cost and revenue drivers, building business cases with
financial terminologies such as Net Present Value (NPV), and Return On
Investments (ROI) etc. - Produce requisite reports - at regular specified
intervals and focus on diagnosis to provide - alternative solutions for
achieving change. (Reports include DCRs, MFRs, weekly reports, revenue/cost
reports and subject specific granular level reports etc..,) - Generate and
analyse periodic re-forecasts at the department (cost centre and profit
centre) level and corporate level that will include the impact of any post
budget development, not originally planned e.g. unbudgeted routes, aircraft
acquisitions, delayed recruitment etc. in order to highlight the reasons for
deviations. - Provide financial information to the business managers to
initiate work flow processes such as RFPs, P2P, ITSRs, MREs. recommending for
approval in line with pre-approved authority limits. Provide guidance to
business managers in new business initiatives to secure financially acceptable
solutions, highlighting issues where new ventures and initiatives impact
existing finance processes, procedures and policies. - Perform financial
accounting activities (applicable in EK Engineering, Skywards, Service
Delivery and Corporate Communications). Ensure adequate validation of
invoices, accrual generation and reconciliations with appropriate analysis in
order to justify accounting activities to internal and statutory auditors. -
Assist the business in establishing end to end financial accounting procedures
consequent to new initiatives or new information and provide data capture for
new analysis needs using appropriate changes to chart of accounts. Provide
detailed analysis of new projects to be covered in the project register
enabling effective communication within Finance and in turn ensuring the
business gets the best overall finance delivery. - Research and maintain
updated relevant benchmarking statistics on key performance indicators of the
business, competitors and industry, providing analysis for opportunities to
enhance revenue, reduce costs and optimise resources. Provide support to the
business in the evaluation of high value contracts to ensure financial risks
are adequately covered. - In consultation with BFM/FM work towards development
and coaching of staff directly reporting into the job holder.
Qualifications & Experience: Experience: Finance & Insurance.Finance
Management : ‎8+ Years Qualification: Degree or Honours (‎12+‎3 or equivalent) OR
A qualified accountant with ‎3 years experience. Experience in
Finance/Management Accounting in a large organisation is necessary.
Salary & Benefits: Join us in Dubai and enjoy an attractive tax-free salary
and travel benefits that are exclusive to our industry, including discounts on
flights and hotels stays around the world. You can find out more information
about our employee benefits in the Working Here section of our website
www.emirates.com/careers. Further information on what's it like to live and
work in our cosmopolitan home city, can be found in the Dubai Lifestyle
section.