ROLES AND RESPONSIBILITIES

 Guidelines and Timetable Development

• Develop and communicate financial planning timetable
• Guide the development of financial forecasting forms, models and tools and train relevant stakeholders in Tahakom functions on their utilization
• Contribute to the development of budget policies, procedures and timetable based on developed strategy
• Guide the development of budget development forms, models and tools and train relevant stakeholders in Tahakom functions on their utilization

Financial Planning

•  Revise financial statements against previous financial plans to identify progress against pre-set objectives and targets
• Provide support in the development of revenue forecasts for Tahakom products and services
• Translate department execution plans and KPIs into financial figures and derive direct CAPEX and OPEX inputs
• Contribute to the process of negotiation and validation of financial forecasts with relevant stakeholders to reach a consensus and finalize 3-year rolling forecasts

Budget Development

• Determine budget caps including CAPEX and OPEX spending based on financial forecasts
• Participate in top-down and bottom-up budget negotiation activities and align with Tahakom departments to estimate expenditure requirements
• Communicate and adopt budget preparation plan and all budget documents with relevant stakeholders
• Support the development of final budget and ensure accordance with business practices

Budget Tracking and Reporting

• Review purchase requests to ensure they are within budget and meet the guidelines of budget expenditure
• Provide support, when needed, in the variance analyses to pinpoint discrepancies between forecasted and actual expenses and ensure corrective actions are implemented
• Conduct appropriate assessments, analyze supporting business cases and obtain needed approvals in order to support the management of budget modification
• Contribute to the development, revision and update of financial policies to meet Tahakom needs related to budgeting, planning and reporting
• Develop annual coding plan defining relationships between all account structures
• Review ad-hoc and periodical reports and submit to top management

Skills

JOB QUALIFICATIONS AND REQUIREMENTS

Knowledge & Experience 4 to 6 years of relevant experience in Financial Planning role

Education & Certifications Bachelor’s degree in finance or equivalent is required

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