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FINANCE ANALYST - MGMT. REPORTING

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Date: 14-Nov-2021

Location: DUBAI, AE

Company: ENOC

Job Title

Finance Analyst - Management Reporting 

Business

Retail 

Job Purpose

The job holder plays a key role in preparation and analysis of company’s management reporting.  In addition, provides effective input for business support to Controller – Management Reporting and other Depts. in the company on governance, accounting standards, unified standards of control, and other business related issues/concerns.

Principal Accountabilities

Management Accounting and Reporting
•    Keeps continuous track on various key expenditure accounts for descriptive details and analysis.
•    Produces ad-hoc reports as required by the Management or Departments on the various items of revenue/expenditure/capex etc. 
•    Processing payments for feedstock suppliers in a timely manner to ensure that such key suppliers receive payments in a timely manner ensuring no disruptions in the feedstock procurement activity of the company.
•    Maintains inventory accounting by updating the inventory system for quantity (as required) and cost elements for valuation of inventory as per IFRS. Conducts physical verification of inventory and analyze variances for appropriate approval and accounting of differences.
•    Co-ordinates with Finance Shared Services (FSS) on specific transactions of the company under the purview of FSS.
•    Reviews the month end closing reports of Finance Shared Services of the company and prepares the monthly management reports for reporting to ENOC Corporate for controller review.
•    Review of purchase requisition for budget and account code compliance.
•    Review AGIS transactions and accept or reject based on support document and approvals.
•    Conduct cost allocation on monthly basis for reporting business unit wise profitability.
•    Prepare detail management report using BI.
•    Review reports, analyse variance and summarise exceptions
•    Analyses the financials and operations of the company and presents the data and concern areas, in graphics and tabulated form.
•    Reviews the clarifications, if any, received from Group departments, and makes adjustments/rectifications, for controller review.

COGNOS (Financial Reporting Tool)
•    Download financial and non-financial Information to BI for reports on volume, revenue, margin, expenses by 200 locations, 10 activities.
•    Coordinate with Group Finance to update oracle account combination mapping with cognos.
IT Coordination
•    Responsible for interacting with IT with a view to ensuring accuracy of monthly closing and of legacy systems and reconcile.

Audit
•    Dealing with the various Auditors such as the external, internal and Govt. auditors to resolve the queries raised by such auditors on various financial aspects of the company.

Compliance and control
•    Highlight instances of non-conformities to control framework and potential control issues on day to day transactions for resolution
•    Assist in ensuring compliance with financial covenants and service level agreements and ensuring that any contractual obligations arising thereon are met.
•    Prepare standard credit reports with analysis of performance for management review.

Treasury Management
•    Ensures development of routine operations and cash flow for the internal projects / company 
•    Manages short term cash flows / fund requirements including overseeing bank accounts and loans to ensure ready availability of adequate funds without maintaining idle funds.

Insurance & Claims administration
•    Prepare all claim related details and workings for controller

Regulatory Submittals
•    Prepare information required to be submitted to external agencies/ regulatory authorities in line with audited financial statements and other reliable resources.

Experience

Minimum Requirements ( Knowledge, Skills and Experience)
•    Educational Qualification: Professional Qualification in finance (CA, ACCA, CPA, MBA) or a Finance graduate subject to below experience
•    Experience: 0 to 5 years of professional qualification or 4 to 10 years of graduation qualification.
•    System Skills: ERP system exposure, MS Office.
•    Inter Personal Skills: Good
•    Communication Skills: Good
•    Presentation Skills: Good