Senior Analyst Financial Planning & Analysis Daman Abu Dhabi

Daman National Health Insurance Company is currently looking for a Senior Analyst in Financial Planning & Analysis in 3 Tunb Al Kubra St, Al Rawdah, Al Ma’arid, Abu Dhabi, United Arab Emirates. This is a Senior level full time job. And salary can range between 12000-25000 AED/month.

Responsibilities of Senior Analyst

• Build analytical tools such as financial modelling and interactive dashboards to evaluate the segmented performance per business unit, plan, geography, branch, etc.
• Drive growth and profitability of the company by working with each business units through strategic forecasting and business analysis and internal management reporting
• Work closely with senior management to develop internal reporting requirements that satisfy the needs of all stakeholders
• Review and analyze actuarial’s technical provisions such as IBNR, OSLR; discuss adequacy of reserves with Insurance Authority
• Lead the preparation of annual budget in accordance with the company goals and strategy.
• Align corporate spending to overall budget and company’s strategic objectives
• Support business units to align performance to the company’s strategy and objectives and provide financial guidance including but not limited to monthly variance analysis reports, feasibility studies and identification of cost drivers
• Analyze monthly actual vs. budget variance reports per department/branch/product and document/challenge reasons for variances
• Ensure compliance to IFRS thorough and regular review of accounting treatments
• Provide support to Finance team during month-end closing by reviewing provisions, revenues, reinsurance and investment accounts. Ensure compliance to IAS and local laws and regulations
• Satisfy regular reporting requirements of Insurance Authority, Health Authority of Abu Dhabi and any other government entities
• Provide ad-hoc financial reports and analysis to support rational of business decisions
• Focal point of contact for external auditors, government entities such as, Insurance Authority, Abu Dhabi Accountability Authority, Statistics Centre Abu Dhabi, Dubai Statistics Centre…etc.
• Contribute in the enhancement of financial controlling function to minimize inefficiencies over processes and provide efficient and effective support to the different stakeholders
• Develop technical skills of colleagues, whether in Accounting or Financial Control units through knowledge transfer and delegation

Requirements for Role of Senior Analyst

• Bachelor’s degree in Accounting, Finance or Commerce.
• CMA, CPA, ACCA or other financial certification is a plus
• Minimum 8 years of operational experience in both financial accounting and reporting, preferably in a service environment or in a financial sector
• Experience in Oracle Financials is a must

Skills And Knowledge Desired

• Good business understanding and background.
• Good leadership skills including people management, selection and development skills.
• Very good command of written and spoken English; knowledge of Arabic language is an advantage.
• Very good analytical, planning, forecasting, execution and problem-solving skills.
• Results oriented whilst ensuring high quality of work and able to “think out of the box”.
• Strong level of customer service orientation and professionalism in all interactions.
• Solid knowledge of health insurance concepts.
• Advanced MS Excel skills.
• Good knowledge of cost accounting and financial reporting & analysis.
• Solid knowledge of IFRS.

IT Data Governance Manager Daman Abu Dhabi