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Senior Manager Financial Planning and Analysis

Banque Saudi Fransi

Posted on June 29, 2020

10 - 15 years Riyadh - Saudi Arabia

MBA/PG Diploma in Business Mgmt, Any Graduation. Any Nationality

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Job Description

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Job Description
Job Description
Responsible for supporting the Division Head to oversee entire budgeting, Expense Control & management reporting. Also responsible to provide support to senior management in decision making process and setting up controls for the department.
• Analyse the Bank s financial information relating to revenues, costs, and capital expenditure, with the purpose of providing direction and support
• Provide timely and accurate financial information to the Bank s Business Lines and Support Divisions adhering to laid down policies, procedures and accounting principles
• Support & Co-ordinate the Bank s Annual Budget exercise
• Reporting and Supporting Head of Enterprise Performance
• Validate monthly internal MIS at business lines and support division level by providing inputs to monthly OFSA (Internal database)
• Processing monthly adjustments
• Ensuring accuracy of data throughput during monthly process
• Generating various report ensuring accuracy of final reports through roll-up checks and random calculations
• Reconciling reports and data with external reporting results of accounting department
• Charge the support divisions cost to the business lines through the cost allocation methodology
• Responsible for ad-hoc reports and management presentations
• Oversee the preparation of monthly performance report- comprehensive internal MIS document for Bank s senior management
• Prepare presentation to board and senior management
• Produce for CFO, various presentations to executive committee, board of directors with business analysis and commentary based on business environment, peer group performance and the Bank s actual performance vs budget
• Support in preparing and providing various reports as required by regulators (SAMA, CMA etc.)
• Support the Business Lines and support divisions in the preparation of their annual Budgets
• Balance and Control Module : Maintain the General Ledger Hierarchy in OFSA so that the database matches the Banks General Ledger
• OFDM On Line Module : Check the Updating of the database by mapping the new departments to various Business Lines
• Monitoring and reporting the draw down against the budget and investigating the changes in scope, expenditure, and timing. If required assisting project teams in presenting to the IPC the reasons for changes
• Build the Bank s Capex/ Opex budget for the year by assessing Bank s and Business Line Strategies, prioritizing the requirements, assessing project profitability, confirming the depreciation impact and presenting the Budget to the IPC - Investment Projects Committee (MD, DMD, CFO. SED-COO) for approval.

Banking / Financial Services / Broking

Accounts / Taxation / Audit / Company Secretary

Desired Candidate Profile

• In depth knowledge of banking products and banking environment
• 10-15 years experience in the related environment
• Master degree in Accounting
• Thorough understanding of IFRSs and relevant local statutory requirements
• Pressure absorbent and good management skills
• Thorough understanding of IFRS & sense of tax laws and regulations
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Senior Manager Financial Planning and Analysis


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Banque Saudi Fransi

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