Senior Manager – Financial Planning & Performance Management

الوصف الوظيفي
The Senior Manager – Financial Planning & Performance Management will conduct financial planning & analysis, budgeting, forecasting and performance management activities that allow for more informed decision making by executive management and the Board of Directors.

Annual Operating Plan and 3 Year Plan

Support in preparing the Annual Operating Plan (“AOP”), 3 Year Plan (3YP), and intra-year forecasts on a detailed revenue and cost centre level in coordination among all departments
Assist in conducting scenario analysis on AOP and 3YP
Complete Bupa Group Templates for AOP, 3YP, and intra-year forecasts to ensure that all group requirements for the planning cycle are completed
Collect monthly company performance data, compare it to AOP, and analyse sources of variance
Design financial models needed for all planning/forecasting related activities such as BDP, commissions, volume rate analysis and any other ad hoc required models
Assist in designing spreadsheet templates for use by stakeholders, and updating and enhancing the templates regularly
Support in preparing 12-months rolling forecast for solvency, income statement, balance sheet and cash flow

Balance Sheet & Opex Management

Prepare monthly analysis on regulatory and IFRS solvency, risks and opportunities in order to budget and balance
Measure the impact of premium payment terms on bad debt expense and solvency
Forecast, monitor and calculate monthly Solvency
Analyse monthly reporting of Opex vs budget and identify key variances, issues, and trends

Performance Management

Leverage data to underpin the overall corporate performance and analyze to generate insights for top management
Support the overall decision-making process with the use of data analysis and visualization tools
Define and implement key initiatives to reduce waste, save cost, improve margins and profitability

Competitor Analysis and Benchmarking

Obtain quarterly and annual insurance market and competitor data and analyse growth, profitability, market share, and financial strength
Prepare quarterly & annual competitive analysis report and enhance the report on regular basis

Special Assignments

Assist in conducting capital budgeting and feasibility study exercises for new products and ventures
Support the preparation of investment cases and business plans for new products and ventures

People Management

Train and mentor team members to help with career growth and progression
Adhere to and promote Maker & Checker practice for all deliverables
المهارات
Years of Experience

5 - 10 years of relevant experience

Skills Required (Technical/Managerial)

Financial Planning, Forecasting, Budgeting, Scenario Analysis, Sensitivity Analysis, Financial Statements Analysis, Competitive Analysis, Accounting, Investment knowledge, Performance Management, Variance Analysis & Insights

Other Requirements

BS in Finance, Accounting, Economics, or any other business discipline.
Master’s Degree is a plus
Consulting Experience is a plus
Professional certification such as CMA or CFA designation is a plus
Fluent in English written and verbal. Arabic fluency is a plus.
تفاصيل الوظيفة
منطقة الوظيفة جدة, المملكة العربية السعودية
قطاع الشركة التأمين
طبيعة عمل الشركة صاحب عمل (القطاع الخاص)
الدور الوظيفي المحاسبة والتدقيق
نوع التوظيف دوام كامل
الراتب الشهري غير محدد
عدد الوظائف الشاغرة 1
المرشح المفضل
المستوى المهني متوسط الخبرة
عدد سنوات الخبرة الحد الأدنى: 5 الحد الأقصى: 10
الشهادة بكالوريوس/ دبلوم عالي

https://www.bayt.com/ar/saudi-arabia/jobs/senior-manager-financial-planning-performance-management-4503781/