Team Leader, Financial Planning

Masdar

To analyze financial performance and management reports providing meaningful commentary on business performance, providing both clarity on performance and the key drivers thereof, and recommendations to management on opportunities and ways to optimize financial performance.

• Contribute to the definition and implementation (in co-ordination with the GL team) of reporting requirements from investee entities and assets (content, format & timeline) to ensure necessary information is captured for Group reporting purposes in a timely and efficient manner
• Ensure that financial information and reports received from the GL team/ management accountants are accurate and complete and in line with the GL.
• Ensure that all significant variances are identified & explained.
• Assist in the preparation and issuance of the Group management reports in line with stakeholder requirements including but not limited to:

- Monthly flash report and high-level variance analysis to shareholders by WD5 working day.

- Monthly executive report to Board of Directors and Shareholders by 10 working day.

- Monthly management report to Executive management and functional heads by WD 12 working day.

- Internal financial performance scorecard update.

- Other Ad-hoc reports.

• Provide analysis of/ commentary on financial performance and management reports providing meaningful commentary on business performance (e.g. comparison of actuals and forecasts with budgets, previous period etc), providing both clarity on performance and the key drivers thereof, and recommendations to management on opportunities and ways to optimize financial performance
• Implement any changes made to reporting and consolidation templates, and communicate, and explain the reporting needs to management accountants in line with top management expectations.
• Contribute to ICV exercise done in coordination with procurement department.
• As and when required, align with functional heads and Performance management team on internal financial scorecard metrics ensuring consistency and compatibility with corporate scorecard.
• Co-ordinate and conduct regular review meetings with the Functional Heads on the corporate performance and internal financial scorecards to ensure a common understanding on performance status and the key drivers thereof, risks and opportunities, and key areas of focus in order to enhance overall functional and corporate performance.
• Contribute to the preparation of the annual budget and business planning process for Masdar and Masdar Green Hydrogen in accordance with Shareholders and C-level guidelines, and corporate strategy and plans including:

- Prepare draft planning timetable, guidelines and responsibility matrix to meet stakeholder requirements

- Coordinate with Office of CIO and COO on asset plans (operational, under construction pipeline)

- Where necessary co-ordinate with Platforms and other investees on budgetary inputs

• Partake in review of draft budgets and associated presentations with key internal stakeholders prior to formal submission to ensure accuracy and completeness and alignment on budget submission.
• Partake in review of draft budgets and associated presentations with shareholder representatives to ensure alignment on budget submission. Submission of final budgets to shareholders and Board for approval including completion of budget templates and system uploads as required by shareholders and preparation of budget presentations.
• Contribute to the quarterly (or more frequently if required) re-forecasting process and handle any ad-hoc requests for forecasts at both a consolidated and business function/corporate unit level.
• Prepare monthly DEVEX report to key stakeholders.