About the job
Excellent opportunity to work with UAE’s leading diversified conglomerate |Progress your career within Finance
About Our Client
Our client is among the most respected, successful, and dynamic companies in the Middle East. They operate in over five countries in the region, with the head office in Dubai, UAE.
Head Office & Consolidation:
Oversee the accounts of the Head Office.
Conduct monthly consolidation for the entire Group.
Prepare monthly financial consolidated reports in the format of financial statements.
Monitor actual performance and reporting at the Head Office.
Handle Head Office budgeting and forecasting.
Execute Head Office recharges to Business Units (HOCA).
Acquire necessary insurance certificates for the business as required.
Submit monthly inventory declarations to the insurance company.
Provide guidance to the business and manage the claims process in case of incidents.
Collaborate with Loss Adjusters in settling claims.
Schedule quarterly meetings with insurance brokers to assess the claims ratio.
External & Internal Audit:
Establish and monitor a tracker for the completion of audits across all companies, including joint ventures within the Group.
Prepare year-end consolidation and financial statements for the Group in accordance with IFRS.
Directly liaise with auditors for the consolidation and financial statement audits.
Engage with auditors in different countries to complete audits of overseas entities when necessary.
Corporate Financial Governance:
Lead and manage the application of Financial Accounting Policies and the implementation of new accounting standards applicable across the Group.
Ensure the Policy Manual aligns with the latest IFRS standards and supervise adherence to these standards by the Finance teams.
Identify opportunities for continuous improvement and oversee the monitoring of policy and procedure effectiveness, implementing risk mitigation measures.
Support enhancements in financial processes across the Group.
Ensure valid, accurate, and complete vendor details are entered into the system.
Offer regular guidance to the business regarding the correct documentation for vendor masters.
Own and communicate Service Level Agreements (SLAs) for Vendor Master and Insurance claims to the businesses.
Financial Shared Services:
Support Financial Shared Services Managers (Accounts Payable, Accounts Receivable, and General Ledger) in maintaining the smooth operation of financial shared services.
Financial System Processes:
Review Service Delivery Metrics/Logs/SLAs with key Business Stakeholders to identify areas for improvement.
Evaluate internal processes to identify opportunities for continuous improvement.
Review system performance and recommend enhancements.
Project manage financial system enhancements such as JDE and Hyperion.
Review ECM (Enterprise Content Management) performance metrics to ensure it functions as agreed.
Analyze the root causes of failures in systems and processes and provide feedback to key stakeholders.
Review ECM alerts and escalate issues to key stakeholders.
Provide HR with bonus calculation workings when needed.
Conduct ad hoc financial analysis to support the Director and CFO.
Actively identify areas for improvement and efficiency savings through process automation.
The Successful Applicant
Chartered Accountant – Big 4 trained
4+ years of experience in industry in a finance function
Experience of financial reporting: month-end close, annual closing, and other ad-hoc reporting
Experience of multi-currency consolidation
Preparation of IFRS financial statements, standalone and consolidated
Governance and oversight: managing teams, financial policy management, providing guidance to users on financial reporting standards and internal policies
Proficiency in financial systems like JDE/SAP/Oracle
Performed audit support activities
Performed the role of a Finance Business Partner
Handled a team (Analyst & Specialist level)
Preferable if the candidate has local/ GCC experience
Available to join in January 24′
What’s on Offer
Competitive gross monthly salary
Medical Insurance: Self + Spouse + 2 Children
Air Ticket Eligibility: Self + Spouse + 2 Children
Company Car lease value per month
Contact: Zehra Fatima
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