Job description

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Role Overview
The role holder is responsible for leading the financial analysis of the business across all Otis – Middle East entities, guiding the local finance resources to consolidate business indicator and trends and conduct effective analysis to support the business planning process. The role holder shall carry out his duties in accordance with the stipulated business policies and procedures.

Key Responsibilities

• Develops and implements strategic plans for Finance Department in line with the organizational objectives.
• Reviews the financial performance of the Finance Department against budgets to identify and capitalize on potential areas for cost reduction and performance improvement opportunities.
• Monitors the deployment of work processes in Finance Department in order to achieve high performance standards, continuous improvement and compliance with organizational policies, procedures and standards.
• Participates in the development of the workforce plan for the Finance Department by providing inputs based on workload analysis and forecasting trends.
• Participates in the implementation of Otis's vision, mission and cultural values across all employee groups in the Finance Department.
• Manages the implementation of approved Finance Department policies, procedures and controls so that all relevant procedural/legislative requirements are fulfilled while delivering quality, cost-effective services.
• Guides the preparation of financial analysis for management reports, quarterly forecasts, annual budgets and long term strategic plans for all Otis – Middle East entities.
• Monitors key business indicators, highlighting trends and analyzing causes of change or negative variances and provide recommendations to management to facilitate decision making.
• Leads the execution of benchmarking analysis, financial analysis, commentaries and presentations for executive review meetings including regional/EMEA reviews.
• Responsible for reporting to Otis – Middle East management on all entities, business & variance analysis of financial results, planning updates, management highlights and development of pipeline projects status updates.
• Leads the annual budget and strategic plan processes including agreement on assumptions, consolidation, analysing all Otis ME entities submissions, communicating financial targets and strategic plan platforms.
• Prepares executive story boarding, business review presentations, management updates on forecasts, budgets & strategic financial plan.
• Leads the monthly and quarterly financial forecasting and reporting process for all Otis – Middle East entities.
• Guides the development of complex financial models for consolidation and variance analysis, what if scenarios/sensitivity analysis based on business drivers.

Minimum Qualifications

• Bachelor’s degree in Finance/Accounting or equivalent
• Master’s degree in Finance/Accounting is preferred
• Relevant certification such as Chartered Certified Accountant (CCA) or equivalent is preferred
• Minimum of 10 years of relevant experience in performing financial planning at an enterprise level for a multiple geography portfolio
• Fluent written and spoken English essential, Arabic preferred

If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day. 

Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2.4 billion people every day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio.  

You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 72,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.  

When you join Otis, you become part of an innovative global industry leader with a resilient business model. You’ll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge.  

We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.   

Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do.  We are guided by our values that we call our Three Absolutes – prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click here.  

Become a part of the Otis team and help us #Buildwhatsnext! 

Otis is An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other protected class according to applicable law. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at [اضغط هنا لمشاهدة البريد اﻹلكتروني].

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