Financial Controller Required in Dubai - Dubai

Financial Controller Required in Dubai

Manage ADIO’s annual budget cycle, oversee the implementation of regular financial forecasting and reporting, maintain an accurate records and financial information to enhance transparency and mitigate financial risk.

Responsibilities

Budgeting
Formulate and prepare annual ADIO budget in collaboration with the departments and provide periodic reporting (YTD) on budget spend including variances, if any
Develop ADIO’s periodic budget in accordance with annual budgetary guidelines (for submission to DOF) and ensure its allocation across ADIO basis reviewed financial plans and guidelines.
Liaise with relevant entities, such as the Department of Finance (DOF) and Department of Economic Development (DED), to secure funding for different initiatives..
Allocate expenses and revenues to appropriate accounts and ensure compliance with set accounting principles and guidelines

Accounting / Finance:

Manage the day-to-day accounting operations and processing of all financial transactions and annual financial closing processes as per accounting policies and procedures.
Oversee accounting operations including Accounts Payable, Accounts Receivable, Fixed Assets, Bank Reconciliations, GL maintenance and VAT
Prepare/supervise and ensure preparation and effective and efficient maintenance/reconciliation of accounting records (sub-ledgers and General Ledgers)
Supervise the process of General Ledger Balance to ensure accuracy of the reported numbers, bank reconciliation and cash accounting to enable effective cash management and help in resolve issues in unreconciled items.
Develop and maintain ADIO’s fixed assets spreadsheet.
Manage year-end and periodic closing activities and ensure accuracy of data and transactions.
Review and approve VAT returns and ensure timely submissions to DOF/ FTA as
Keep abreast of changes in accounting regulations to ensure correct adherence
Reporting
Prepare financial information in a timely and effective manner to support internal and external financial reporting
Develop ADIO’s annual audited financial statements, annual report and other financial reports and ensure it represents accurate financial data in line with the accounting policies, chart of accounts and related accounting principles and practices.
Conduct monthly expense variance analysis exercises to identify variances and discrepancies and execute the required investigations to identify root causes and appropriate corrective action and escalate where needed. Perform any other duties as requested by the reporting manager

Key Skills:

Knowledge of accounting policies and procedures including internal control over financial reporting (ICoFR)
Knowledge of Oracle, ADERP and Hyperion application
Knowledge of Abu Dhabi Department of Finance (DoF) regulations and Financial Law
Knowledge of IPSAS/IFRS and VAT regulations

Qualifications

Bachelor's degree in Business, Economics, Finance and/ or related fields
Postgraduate degree in financial management will be preferred
Multi-lingual candidate will be preferred (English, Arabic and other languages)
Minimum 6- 8 years (UAE Nationals) of experience in a top tier consulting firm, investment organization or an organization similar to ADIO

APPLY FROM LINK BELOW
https://ae.linkedin.com/jobs/view/financial-controller-uae-national-at-abu-dhabi-investment-office-3495920652?r

Posted on : 2 years ago, #140162, 2 views

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