OPEX Analyst

Role Purpose:

To prepare the annual budgeting and quarterly forecasting - OPEX for Omantel Telecommunications company, implement cost reduction programs for the company in line with the best practices, to monitor the spending of budget, and assist in cost optimization program.

Position Information

Title: Analyst OPEX

Unit: Finance

Division : OPEX

Location : HQ

Grade:

• Analyst: P7
  
  

Minimum Role Requirements:

Qualification: Bachelor in relevant field

• Analyst: 3+ years with Bachelor
  
  

Key Accountabilities

• Assist in preparing the annual budget for Omantel based on previous year's performance, and in response to economic conditions and revenue growth in line with the overall company strategy.
• Collaborate with budget owners/coordinators to provide budgetary supported documents/ Templates within agreed timelines.
• Preform a deep dive analysis on the budget submissions cost center wise and account wise and report back to Strategic Finance management.
• Design trend analysis and drive estimated amounts using historical OPEX record
• Assist in preparing the financial forecasting for Omantel on a quarterly basis based on current year estimated performance, and highlight the risks along with recommendations to achieve the budgeted PAT target
• Monitor budgetary systems to ensure functional efficiencies and related resolutions of any issues.
• Communicating and solving End-user OPEX issues
• Ensure constant overview of cost centers and account levels by reviewing variances in proposed budgetary requirements submitted by GMs and VPs and by preparing periodic report for Senior Management
• Design trend analysis and drive estimated amounts using supervision of activities using historical OPEX records
• Run Budget variances report from EPBCS system on a monthly basis and notify end-users for any major spending.
• Prepare weekly/monthly/quarterly performance reports that are accurate, complete and conform to policies for Management review
• Tracking all the identified cost optimization opportunities for the year and report to Finance management on a monthly/quarterly basis the progress of the initiatives
• Keep track for all resolution related to Organization chart, Update organization chart along with leadership vacancies as well as cost Centre chart
• Assist in preparing the annual budget for Omantel based on previous year's performance, and in response to economic conditions and revenue growth in line with the overall company strategy.
  
  

Key Accountabilities

• Collaborate with budget owners/coordinators to provide budgetary supported documents/ Templates within agreed timelines.
• Preform a deep dive analysis on the budget submissions cost center wise and account wise and report back to Strategic Finance management.
• Design trend analysis and drive estimated amounts using historical OPEX record
• Assist in preparing the financial forecasting for Omantel on a quarterly basis based on current year estimated performance, and highlight the risks along with recommendations to achieve the budgeted PAT target
• Monitor budgetary systems to ensure functional efficiencies and related resolutions of any issues.
• Communicating and solving End-user OPEX issues
• Ensure constant overview of cost centers and account levels by reviewing variances in proposed budgetary requirements submitted by GMs and VPs and by preparing periodic report for Senior Management
• Design trend analysis and drive estimated amounts using supervision of activities using historical OPEX records
• Run Budget variances report from EPBCS system on a monthly basis and notify end-users for any major spending.
• Prepare weekly/monthly/quarterly performance reports that are accurate, complete and conform to policies for Management review
• Tracking all the identified cost optimization opportunities for the year and report to Finance management on a monthly/quarterly basis the progress of the initiatives
• Keep track for all resolution related to Organization chart, Update organization chart along with leadership vacancies as well as cost Centre chart.
• Knowledge sharing with the team members to enhance their understanding of budgeting processes
• Assist various departments in putting in place Budgeting and cost optimization processes
• Provide guidance and ensure that Financial Planning and Budgeting department complies with Omantel policies, processes, practices, and systems
  
  

Key Competencies

Competency Name

Analyst

Budget Development & Tracking

2 - Intermediate

Knowledge of Domain and Ecosystem

2 - Intermediate

Financial Analysis

2 - Intermediate

Investment Appraisal & Management

2 - Intermediate

Creativity & Innovation

2 - Intermediate

Proactivity

1 - Beginner

Analytical Thinking & Problem Solving

2 - Intermediate

Attention to Detail

3 - Advanced

Ethics & Compliance

1 - Beginner
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