Financial Planning & Reporting Analyst

Job Summary and Purpose

Support the continuous improvement initiatives to drive efficiency in financial processes by providing accurate & timely financial reports and analyzing annual budget while ensuring compliance with rules and regulations.

Accountabilities

Key Accountabilities:

Financial Reporting:
1. Prepare quarterly half-yearly and annual consolidated financial statements within required timeline
2. Ensure financial statements are prepared in compliance with IFRS & US GAAP
3. Present entity level performance on CFO’s quarterly review meeting
4. Ensure accurate and timely submission of required reports / information to various regulatory authorities (QFMA QSE Statistics Dept. etc.)
5. Coordinate with external auditors for annual statutory audit half-yearly review and interim audit to ensure that all audit queries are adequately addressed and resolved in a timely manner
6. Provide monthly OPEX cost report for Fleet Dept. to comment on variances.

Planning:
7. Lead annual budget activity and seek relevant information and explanations from budget owners
8. Prepare entity level annual budget with analysis & explanations
9. Prepare financial slides for JV Board meeting and present the annual budget to the JV Board

Internal Controls:
10. Co-ordinate with departments to ensure Risk Control Matrix for ICOFR is up to date
11. Work with departments or consultant to ensure annual testing of operating effectiveness of internal controls is performed
12. Co-ordinate with External Auditor to ensure alignment on RCM and ICOFR testing and remediation actions

Due Diligence & Investor Relations:
13. Prepare ad-hoc models and analysis to support operational and strategic business decisions.
14. Support Investor Relations team on Arabic related matters – (dealing with regulatory authorities & shareholders’ inquiries)
15. Support Investor Relations team on Nakilat’s Board meetings AGM / EGM and related communications with regulatory authorities

Accountabilities - 2

Generic Accountabilities:

Safety Health Environment & Quality (SHEQ):
16. Adhere to all relevant SHEQ policies procedures instructions and controls so that NAKILAT provides a safe world class secure and environmentally responsible service to customers the public and its own people.

Policies Systems Processes & Procedures:
17. Implement approved policies processes and procedures and provide instructions to subordinates to ensure their proper implementation.

Others:
18. Support continuous improvement initiatives within the team to drive efficiency in financial planning & reporting processes
19. Coordinate with tax advisors for preparation and submission of annual & periodic tax returns (UK VAT UK Corporate Tax and Qatari taxation).
20. Coordinate and communicate with JV partners/vessel managers/charterers on regular basis.
21. Carry out any other duties as directed by the Financial Planning & Reporting Manager.

Competencies

Accounting Policies & Procedures - Practitioner

Achievement Oriented - Intermediate

Audit Management - Practitioner

Collaboration & Team Work - Intermediate

Customer Centricity - Intermediate

Drive Vision - Intermediate

Empower & Nurture Talent - Intermediate

Financial Analysis - Specialist

Financial Reporting & Compliance - Practitioner

Financial Risk Management - Practitioner

General Accounting Processes - Practitioner

Interactive Communication - Intermediate

Inventory and Fixed Assets Administration - Beginner

Management Reporting - Specialist

Professional Accounting Standards - Practitioner

Solution Oriented - Intermediate

Tax Strategy Planning & Compliance - Practitioner

Financial Planning and Budgeting - Specialist

Key Result Areas

• Implement sound financial practices and standards
• Prepare and finalize Statement of Financial position and Income Statement
• Prepare budgets.
• Effective tax calculations and understanding
• Compliance with all accounting standards
• Timely disclosure of accurate Management reports
• Ethical and responsible decisions making

Financial Authorities

As per TOFA

Qualifications Experience and Job Skills

Qualifications:
• Bachelor’s degree in Finance Accounting or any related field
• Specialized certificates are preferred (CPAACCA CA CMA…etc)
Experience:
• Minimum 4 years of related experience in a similar position preferably in a similar industry.
Job Specific Skills:
• Advanced knowledge of accounting and financial principles and tools. (US GAAP & IFRSs)
• Knowledge of financial concepts and statistical/analytical methods and ability to use data effectively to develop implement and manage operational plans and actions