Manager, Financial Planning & Analysis

1. JOB DETAILS

Job Code

FINPLMGR

Grade

To be determined after evaluation

Function

Products & Technology (70000017)

Department

TDSI Finance & Administration (80000113)

Division

Finance & Administration (90000076)

Reports to (Position title)

CEO

1. JOB DIMENSIONS

Number of Staff supervised

Direct Reports

0

Indirect Reports

0

Total

0

Financial Impact

(CAPEX / OPEX / Revenue / Budget)

Budget

1. JOB PURPOSE / OBJECTIVE

The Manager, Financial Planning & Analysis is responsible for overseeing and managing the financial planning, budgeting, forecasting, and analysis processes within TAQA. This role involves collaborating with key stakeholders to develop financial strategies, analyze financial performance, and provide actionable insights that support decision-making and drive business growth. The Manager will lead the FP&A team, ensuring timely and accurate financial reporting and delivering financial forecasts that align with the company’s strategic objectives.

1. KEY ACCOUNTABILITIES

• Lead the annual budgeting process, working closely with department heads to establish revenue, expense, and capital budgets.
• Oversee the preparation and updating of financial forecasts, ensuring alignment with business goals and market conditions.
• Develop long-term financial plans and strategic initiatives in collaboration with senior management.
• Manage the development of monthly, quarterly, and annual financial reports, ensuring accuracy and completeness.
• Support decision-making by providing data-driven financial recommendations, including sensitivity analysis, scenario planning, and risk assessments.
• Conduct detailed financial analysis, including variance analysis, profitability analysis, and trend analysis, to assess financial performance.
• Monitor and analyze cash flow, working capital, and liquidity to ensure the company has sufficient resources for day-to-day operations and growth initiatives.
• Provide actionable recommendations to improve working capital efficiency and optimize cash management processes.
• Drive improvements in financial planning processes, systems, and tools to enhance efficiency and accuracy.
• Develop complex financial models to evaluate business opportunities, capital investments, pricing strategies, and cost optimization.
• Ensure all financial activities are in compliance with corporate governance policies, accounting standards, and regulatory requirements.

Quality, Health, Safety, & Environment (QHSE)

• Adhere to all relevant QHSSE procedures, instructions and controls so that TAQA provides a safe, best in class, secure and environmentally responsible service to customers, the public and its employees.

1. QUALIFICATIONS, EXPERIENCE & COMPETENCIES

Education / Qualifications:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field is required.
• A Master’s degree in Finance, Business Administration, or a related discipline is a plus.
• Professional certifications such as CFA (Chartered Financial Analyst), CPA (Certified Public Accountant), or CMA (Certified Management Accountant) are preferred.

Relevant Experience:

• 5+ years of experience in financial planning, analysis, and forecasting, preferably in a managerial or leadership role.
• Demonstrated expertise in financial modeling, budgeting, and variance analysis.

Skills & Competencies:

• Strong analytical and problem-solving skills, with the ability to interpret and present complex financial data.
• Advanced proficiency in Excel, financial modeling, and analysis tools.
• Experience with financial planning software and enterprise resource planning (ERP) systems (e.g., SAP, Oracle, Hyperion, or similar).
• Excellent communication skills, with the ability to explain financial concepts to non-financial stakeholders.
• Strong leadership skills, with the ability to motivate and develop a team of finance professionals.

•  Ability to work under pressure and meet tight deadlines while maintaining a high level of accuracy.

1. DISCLAIMER

The preceding job description is provided for general informational purposes, and it is in no way restrictive as to the overall work requirements that may be prescribed by Management. It is intended to be used as a guide only. It has been designed to indicate the general nature and level of work performed by employees within this classification. It is neither designed to contain nor be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.