Job Title: Senior Planning and Budgeting Specialist Location: Abu Dhabi, UAE BASIC PURPOSE OF THE ROLE: To collate and analyze financial data needed to support the management of TAQA\xe2\x80\x99s overall budget to ensure budgets within departments are adequately planned and adequate cost control mechanisms are deployed in line with the established guidelines, policy and procedures. As a part of this challenging role you will specifically be responsible for: Budget Management Develop budget forecasts based on organization\xe2\x80\x99s corporate plans, estimated revenues / costs and capital investments based on budget structure and rules in order to ensure budget forecast activities are accurate, reliable, and are conducted as per the established policies and procedures. Prepare budget based on objectives, understanding revenues, expenditures and costs, managing capital budget, monitoring budget variances and errors, raising potential issues, making adjustments to ensure proper development and consolidation of annual budgets.
Analyse departments / divisions\xe2\x80\x99 annual budget submissions in order to ensure accuracy and completeness of budgets and ensure adequate justifications are provided to support the estimated costs and budgets.
Support the communication of budget within the departments, clarifying variations and making necessary adjustments to ensure the departmental budgets are as per the budgeting rules.
Support the finalization of the consolidated annual budget in order to ensure alignment with Finance departmental guidelines and present the budget to the supervisor for further review.
Assist in the monitoring of departments / divisions\xe2\x80\x99 budget and spending and review monthly financial reports on budget against costs in order to analyze variances and report reasons in a timely manner.
Analyze and identify appropriate cost control mechanisms in order to ensure timely corrective action is deployed to mitigate budget variations. Capital Allocation Coordination Support departments in planning capital allocation by providing funding and commercial advice and designing and building economic models to ensure that adequate funds are available for any investments.
Conduct financial analysis and modelling to provide technical expertise to the business in making significant merger and acquisition, investment and divestment decisions. The Successful Candidate will possess:

• Bachelor\xe2\x80\x99s degree in Finance, Accounting, Business Administration, or any other related field
• A minimum of 6 years work experience within Finance and/or Accounting
• Financial Modelling and/or Valuation experience highly beneficial
• Must be a critical thinker, highly analytical with strong communication skills and stakeholder engagement
• Energy Sector experience would be desirable but not essential

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