Senior Financial Analyst

This role involves assisting the Senior Manager Finance in all financial planning and budgeting activities. The ideal candidate will have experience in preparing financial forecasts, analyzing financial data, managing funds, ensuring compliance with regulations, and supporting project financial management.

The successful Deputy Manager Finance will be responsible for developing short-term and long-term financial strategies, collaborating with department heads to gather budget inputs, consolidating departmental budgets, and monitoring and reviewing financial plans and budgets to ensure alignment with company goals.

• Financial Planning and Budgeting:
• Assist in the preparation of annual budgets and financial plans.
• Support the development of short-term and long-term financial strategies.
• Analyze financial performance against budget and provide variance analysis.
• Collaborate with department heads to gather budget inputs and consolidate departmental budgets.
• Monitor and review financial plans and budgets to ensure alignment with company goals.
• Prepare detailed financial reports and presentations for management review.
• Conduct financial modeling and scenario analysis to support strategic decision-making.
• Funds Management:
• Monitor and manage the company's cash flow to ensure adequate liquidity.
• Oversee the allocation of funds to various projects and departments.
• Optimize the use of financial resources to meet operational and strategic objectives.
• Project Financial Management and Financial Performance:
• Support the financial management of projects, ensuring accurate tracking of costs and revenues.
• Analyze project financial performance and provide insights to project managers.
• Ensure financial aspects of projects are managed in line with company policies and objectives.
• Analysis of Bid Packages, Purchase Orders, and Assessment of Financial Profit or Loss:
• Review and analyze bid packages and purchase orders to assess financial viability.
• Calculate potential profit or loss associated with bids and contracts.
• Provide financial recommendations to support decision-making.
• Calculation of Commission Based on Sales Value and Profit Margin:
• Develop and implement commission structures based on sales value and profit margin.
• Ensure accurate calculation and timely payment of commissions to sales staff.
• Monitor and review commission plans to ensure alignment with business goals.
• Compliance with Regulations as per Government of Pakistan:
• Ensure compliance with financial regulations and reporting requirements.
• Stay updated on changes in regulations and implement necessary adjustments.
• Liaise with regulatory bodies and auditors to ensure adherence to legal standards.
• Reporting:
• Prepare and present financial reports, including monthly, quarterly, and annual reports.
• Provide financial insights and recommendations to senior management.
• Ensure accuracy and timeliness of financial reporting.
• System and Process Development:
• Identify opportunities for process improvements in financial planning and budgeting.
• Implement best practices to enhance the efficiency and effectiveness of financial operations.
• Develop and maintain financial planning and budgeting tools and systems.
• Costing of Projects and Production:
• Develop and implement cost accounting systems for project and production costing.
• Monitor and analyze the cost structure of projects and production processes.
• Provide detailed costing reports and recommendations to optimize cost management.

To succeed in this role, you should possess a Bachelor's degree in Finance, Accounting, or a related field. A professional qualification such as ACCA, CIMA, M.COM, or MBA is also preferred.

A minimum of 6-8 years of relevant experience in financial planning, budgeting, and analysis is required. Strong analytical and problem-solving skills, excellent knowledge of financial principles and practices, proficiency in financial modeling and forecasting, and advanced Excel skills are essential.

You should also have strong attention to detail and accuracy, excellent communication and presentation skills, and the ability to work collaboratively and manage multiple priorities.

• Financial Acumen
• Analytical Thinking
• Attention to Detail
• Communication
• Collaboration
• Strategic Thinking
• Integrity and Ethical Conduct