Financial Planning and Analysis Manager

Bloom Holding is one of the UAE’s leading companies dedicated to the development of modern, sustainable communities in the UAE. We are deeply committed to developing premium real estate and enriching the lives of residents by focusing on four core segments: real estate, education, services, and hospitality. Bloom Holding is driven by its vision to go beyond the buyer and investors’ expectations – developing new projects that will deliver attractive return on investment whilst also contributing to the economic potential of the UAE.

About the role

Bloom Holding is seeking an analytical, forward-thinking, and deadline driven Financial Planning & Analysis Manager to join our established and growing team in Abu Dhabi, UAE.

You will be responsible to provide timely, accurate and complete business financial analysis and recommendations by working closely with the Director of Finance and Chief Financial Officer to ensure the execution of business objectives in terms of revenue generation, profitability, and overall strategy.

Some specific responsibilities for this position:

1. Interact with the Leadership team, Heads of departments and senior management to understand their business operations and prepare budgets & business forecasts.
2. Create financial models to predict growth and forecast performance to support the business with sound financial guidance and strategic insights.
3. Create annual budgets for different business units/ departments and consolidate them into one master budget (including P&L, Cash Flows, Balance Sheet, and Assumptions).
4. Upload and continuously monitor business units/ departments budget on SAP to enable sound business decision-making.
5. Prepare monthly P&L and Cash Flows rolling forecast and compare with budget and perform variance analysis to justify discrepancies.
6. Analyze monthly financial performance against budget and prepare commentary for management to explain discrepancies.
7. Communicate monthly budget v/s actual variance analysis to Head of departments.
8. Prepare and update the groups long term strategic plan based on senior management’s recommendation.
9. Analyze the annual budget against long term strategic plan of the group and prepare variance analysis for the senior management team.
10. Liaise with Head of Treasury and Accounts Payable team to ensure payments match with rolling forecast.
11. Evaluate new and existing projects, investments, and assets to determine their validity and appraise their value.
12. Prepare ad-hoc management financial reports as required.

Requisite Qualification, Education, and experience

To be successful in this role, you will need to have a bachelor’s degree in Finance, Accounting or equivalent with 7 plus years of relevant working experience in Investor Relations, Finance, Planning and Development. You will need to have a sound understanding of the financial systems, commercial strategy & investment propositions, drive creation of robust business models, provide transparent and accurate reporting of actual & forecasted business performance.

Advanced computer literacy in MS Office, particularly analytical ability to work with large volumes of complex financial data in MS-Excel, SAP and able to confidently communicate the information to the CEO, CFO and Senior Management team in a precise and easy-to-understand manner.