Financial Planning Section HEAD

Tawteen

To manage and execute the company s financial planning function, ensuring timely and accurate

preparation of budgets, forecasts, scenario analyses, and long-term financial models. The role

ensures alignment with regulatory frameworks (such as Price Control), corporate strategy, and the

company s investment and operational plans. It strengthens financial discipline across the company

while supporting management with high-quality insight and analytics

Strategic:

• Assist in developing the company s financial planning policies, long-term strategies, annual
• business plans, and budgeting frameworks, ensuring full alignment with OETC s strategic
• objectives.
• Provide guidance and support to the Financial Planning team in the preparation of forecasts,
• budget analyses, financial models, and scenario planning to enhance decision-making and
• overall financial performance.
• Contribute to continuous improvement initiatives within the Financial Planning function,
• including enhancements to forecasting methodologies, budgeting processes, financial
• systems, data quality, cost management practices, and resource utilization
• Ensure strong financial governance and internal control mechanisms are embedded within all
• planning activities, including budget approvals, assumptions validation, variance analysis, and
• financial reporting workflows.

Operational:

• Monitor and review the preparation, management, and control of the annual budget, ensuring
• accuracy, completeness, and alignment with approved assumptions.
• Assist in the preparation of the 5-Year Business Plan and Price Control submission, including
• financial projections, cost forecasts, and supporting analyses.
• Coordinate the preparation of all capital and operating budgets and business plans, ensuring
• consistency, compliance with regulatory requirements, and timely submission.
• Support the implementation and administration of an ERP system or any other solution to
• meet OETC s financial planning, accounting, and budgetary control requirements.
• Monitor and review budgetary control processes, including expenditure control through the
• purchase requisition workflow.
• Prepare and support the development of the corporate scorecard, working closely with the
• relevant internal teams to set targets, track KPI performance, and ensure alignment with
• strategic objectives.
• Conduct comprehensive financial planning analyses, including scenario modelling, sensitivity
• analysis, and variance analysis to support management decision-making.
• Coordinate with all OETC departments to provide guidance and support on budget
• preparation, monitoring, and financial planning matters.
• Support financial reporting activities by providing planning-related inputs, analysis, and
• insights when required.
• Perform tasks and assignments as directed by the Financial Planning & Reporting Manager to
• support the department s planning objectives.

Other Requirement:

Knowledge and Understanding of the Asset Management, HSE Management System and IT

Security Standard Requirements according to ISO55001, ISO 14001, OHSAS 18001 and ISO

27001 to carry out the assigned duties as per the roles and responsibilities matrix