Financial Reporting Specialist

Job description / Role

Job Purpose

Ensure accuracy, transparency, and compliance in financial reporting. Producing timely and insightful financial statements, regulatory filings, and management reports.

Key Accountability Areas

Annual Planning Participation:
- Actively participate in the annual planning process, contributing insights and aligning financial objectives with organizational goals.

Monthly Plan Updates:
- Regularly update plans monthly, engaging in discussions with relevant teams and departments to ensure alignment with evolving business dynamics.

Cost Analysis and Calculations:
- Perform comprehensive cost analysis and calculations for department budgets, ensuring financial integrity and adherence to budgetary constraints.

Performance Analysis:
- Analyze departmental performance, identifying key metrics and trends to inform strategic decision-making.

Variance Analysis:
- Provide detailed variance analysis, comparing actual financial results with budgeted figures to pinpoint areas of improvement or concern.

Division Wise Financial Analysis:
- Prepare and present division-wise financial analyses, offering a nuanced understanding of financial performance across different segments.

Month-End Results Calculation:
- Calculate month-end results, ensuring accuracy and completeness in financial reporting.

Yearly Forecast Preparation:
- Forecast the remainder of the year based on month-end results, considering evolving market conditions and internal factors.

Role Accountability

HR Proficiency:
- Ability to obtain updated soft and technical skills related to the job.

Delivery:
- Perform the planned activities to meet the operational and development targets as per delivery schedules.
- Utilize resources effectively to achieve objectives within efficient cost and time.
- Provide a periodic report formatted by detailing the deviation and execution of planned tasks.

Problem-Solving:
- Solve any related problems arise and escalate any complex operational issues.

Quality:
- Ensure quality requirements to develop effective quality control and processes including specifications for products or processes or related activities.

Business Process Improvements:
- Coordinate well-defined written systems, policies, procedures, and seek automations opportunities as much as possible.

Compliance:
- Comply to related policy and procedures and work instructions.

Health, Safety, and Environment:
- Ensure compliance of relevant safety, quality, and environmental management procedures and controls within defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.

Academic Qualification:
- Bachelor Degree in Accounting and Finance

Work Experience:
- 6 to 10 Years

Technical / Functional Competencies:
- Financial Reporting

About the Company

alfanar builds efficient energy systems & solutions of the present and sets up infrastructures for a brighter future.

We assist utility sector partners & customers in transforming cities into sustainable, habitable, and inclusive Smart Cities by harnessing renewable energy resources from wind, solar, and waste heat energy. Promoting the transition to a sustainable eco-conscious future.

Using world-class technologies, we develop unrivaled quality electrical solutions & products from our manufacturing facilities, to solve the world’s major energy challenges and make the world a better viable place.

Diligence, Efficiency, and Innovation are the key criteria our teams adopt in order to continuously provide effective solutions. We’re constantly equipping our teams with the tools they need to expand their horizons and reach higher grounds.

Being in an ever-changing environment with a crucial impact on their surroundings, our employees are nurtured to become keen thinkers with highly refined skills and a consistent outlook on the future, working together on finding the next big innovation.