Financial Planning Manager - Upstream

Financial Planning Manager - Upstream Job Snapshot

Role:
Financial Planning Manager

Location:

Abu Dhabi, United Arab Emirates

Industry: Oil and Energy

Function:
Financial Analysis-Research-Reporting

Experience:

Minimum 10 years

Job Type: Full Time

Position Overview ADNOC Group is seeking an experienced Financial Planning Manager in Abu Dhabi, United Arab Emirates to support financial planning, budgeting, accounting consolidation and management reporting across Upstream operations. The role evaluates the financial performance of Upstream Group Companies, ADNOC Drilling and other service companies while coordinating annual budgets, five-year business plans, variance analysis and financial reporting. The position requires extensive Accounting and Finance experience together with strong knowledge of BPC, SAP and financial planning systems.

Country:
United Arab Emirates

City:
Abu Dhabi

Industry: Oil and Energy

Function:
Financial Analysis-Research-Reporting

Salary:
Not disclosed

Gender: No Preference

Candidate Nationality:
Not specified

Job Type: Full Time

Work Arrangement:
On-site

The Financial Planning Manager will drive the development, alignment, implementation and monitoring of financial planning, budgeting, accounting and consolidated management reporting activities for Upstream. The role evaluates financial performance across Upstream OPCOs, ADNOC Drilling and other service companies and reviews budgets and five-year financial plans for alignment with Upstream mandates, objectives and financial interests. It also assesses financial policies, systems, procedures and agreements for compatibility with applicable agreements and generally accepted accounting principles.

• Contribute to implementation of new and standardized financial planning, budgeting and reporting policies, processes, accounting procedures and systems at BLD and Group Company level.
• Ensure financial processes are implemented in accordance with Group F&I standards.
• Develop, align, implement and monitor consolidated BLD financial plans and budgets in coordination with the BLD Planning and Performance Team and under guidance from the Group F&I Directorate.
• Develop the consolidated BLD business plan, including the five-year business plan.
• Coordinate with and support the BLD Planning and Performance Team throughout business planning activities.
• Assess Group Company budget and financial plan submissions and provide appropriate feedback.
• Evaluate financial aspects of budgets and longer-term financial plans against Upstream objectives and requirements.

• Advise management on the robustness of Group Company financial plans, budgets and management information reports.
• Assist Group Companies with preparation and review of business plans and underlying assumptions covering financial, production, human capital, HSE and other activities.
• Perform relevant variance analyses to identify significant changes in financial and operational performance.
• Support preparation of BPC reports, including consolidated budget versus actual reports, budget utilization reports and other financial planning reports.
• Prepare business, budget and variance analyses required to evaluate and measure BLD financial performance.
• Develop complex ad-hoc financial models and reports in response to management requirements.
• Participate in preparing financial planning and budgeting reports for internal and external stakeholders.

• Support Group Company capital project planning activities and the process for obtaining required project approvals.
• Review financial policies, systems and procedures for alignment with approved financial agreements and accounting principles.
• Provide…