Manager, Business Planning & Budgeting (UAEN)

Job Summary

General Responsibilities

• **Strategic and Planning**
• Implement the divisional strategy in line with business vision, mission, and corporate objectives in compliance with group delegation of authority policy.
• Ensure that the overall business strategy is translated into annual operational business plans and the performance is monitored to ensure business plans are in line with the overall strategy.
• **Policy, Procedures, Process and Systems**
• Implement divisional policy, systems, processes, procedures and controls covering all functional areas in line with group delegation of authority policy to ensure fulfilment of all relevant procedural/legislative requirements while delivering quality and cost-effective service in a consistent manner.
• **Reporting**
• Ensure all divisional reports are completed timely and comply with business policies and standards.
• Manage the preparation of periodical management reports and progress reports to keep the senior management informed about the progress of various initiatives and to facilitate decision-making.
• Comply with organization’s requirements in a timely manner.

Job Specific Responsibilities

• **Portfolio Financial Planning & Forecasting**
• Lead the consolidation and analytical review of annual business plans, budgets and rolling forecasts across the Generation portfolio.
• Review and challenge financial assumptions, key value drivers and underlying methodologies used by portfolio entities, ensuring consistency with approved investment cases and Group planning assumptions.
• Oversee portfolio-level financial forecasting, including cash flow, earnings, returns and capital deployment outlooks.
• Ensure alignment between operational plans, capital programs and financial forecasts.
• **Portfolio Performance Monitoring & Health Checks**
• Monitor financial and operating performance of portfolio entities against budgets, forecasts, investment case benchmarks and management targets.
• Perform structured performance health checks to identify early signs of underperformance, cost overruns, margin erosion or capital inefficiencies.
• Lead performance look-back analysis to assess root causes of variances and recurring performance trends.
• Track portfolio KPIs and value drivers, highlighting emerging risks, opportunities and areas requiring management intervention.
• **Strategic & Analytical Insight**
• Conduct portfolio-level analytical reviews, including comparative analysis across assets, geographies and ownership structures.
• Assess structural performance differences between wholly owned, jointly controlled and minority investments.
• Perform scenario, sensitivity and stress analysis to evaluate the impact of changes in market conditions, fuel prices, regulation, operational performance or capital strategies.
• Provide forward-looking insights to support strategic decision-making, capital allocation and prioritization discussions.
• **Capital Planning & Investment Case Oversight**
• Oversee portfolio capital planning, including growth, maintenance and transformation capital programs.
• Track performance against approved investment cases, highlighting value leakage, delivery risks or deviations from original assumptions.
• Review and assess the financial implications of strategic initiatives, optimization opportunities and corrective action plans.
• Support financial evaluation of material investments, restructuring initiatives and portfolio optimization actions as required.
• **Performance Reporting & Executive Communication**
• Lead preparation of consolidated portfolio performance reports, dashboards and executive summaries for senior management and stakeholders.
• Translate complex financial and operational data into clear, concise and decision-oriented insights.
• Ensure consistency, accuracy and comparability of portfolio reporting across entities and reporting periods.
• Support executive-level discussions with focused insights, risks, mitigations and recommended actions.
• **Cross-Functional Coordination & Issue Resolution**
• Work closely with Asset Management, Technical Operations & Excellence and other stakeholders to address identified performance gaps.
• Support development and monitoring of corrective action plans for underperforming assets.
• Act as a key finance counterpart in cross-functional performance reviews and optimization initiatives.
• **Governance, Standards & Continuous Improvement**
• Ensure adherence to standardized planning, forecasting and reporting methodologies across the portfolio.
• Maintain robust documentation of assumptions, methodologies and analytical models.
• Drive continuous enhancement of portfolio planning frameworks, analytical tools and dashboards to improve insight quality and efficiency.
• Contribute to strengthening portfolio governance, discipline and performance accountability.

People Management Responsibilities

• **Leadership**
• Model continuous improvement and professional development. Make decisions with integrity, transparency, and focus on the organization’s goals.
• **Talent Management**
• Execute talent development initiatives focused on skill enhancement and career progression. Build a team culture connected to the organization’s larger purpose.
• **Culture**
• Champion the organization’s values within the dispersed team, encouraging a collaborative and innovative work environment.
• **Communication**
• Empower the dispersed team to make informed decisions. Ensure clear communication, both up and down the chain, aligning with organizational objectives.

Essential Requirements

• Bachelor’s degree Finance, Business Administration or equivalent
• 8 years of relevant working experience in financial planning and budgeting or a similar role in Finance