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 Accountabilities - 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. - Collate information on a
monthly basis of cash inflows and cash outflows that is incorporated into the
model developed to report business specific cash-flow forecasts on a monthly ‎3
year rolling basis, and perform analysis to reconcile deviations highlighting
reasons for changes. Changes to cash flow model for new developments and
periods are incorporated at the appropriate time when cash commitments are
approved and known. - 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. - 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: - Finance & Insurance/Finance Management : ‎8+
Years - Degree or Honours (‎12+‎3 or equivalent) : OR A qualified accountant
with ‎3 years experience. Skills and Experience - Experience in
Finance/Management Accounting in a large organisation is necessary - Hands-on
experience building reports and dashboards with Microsoft Power BI,
MicroStrategy, Business Objects, Oracle Hyperion - Advanced Excel proficiency
- Excellent analytical skills - Organised with a proactive approach to work -
Work on multiple projects at any point in time
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.