One of our clients which is an esteemed government entity in UAE is looking to hire a Director Financial Operations in UAE (UAE Nationals only). To expedite share your resume at [email protected]

Job Purpose

The purpose of this role is to manage the Financial Operations section and assist the Senior Vice President - Treasury & Corporate Finance with overall financial operations of the department efficiently and effectively.This role will also support with reviewing and amending policies and procedures, in addition to playing a key role in the departmental annual strategy.

Job responsibilities

• Effectively run the daily operation of the Financial Operations section and ensure smooth services are being provided to internal and external clients.
• Oversee and ensure periodic revenue reporting for the organization.
• Manage the Collections section and ensure that the organization’s collectibles are being managed and received as per finance policies and procedures.
• Oversee Account Receivables function to ensure accuracy and completeness of revenue booking.
• Review overdue receivables and recommend referral to debt collection agencies and legal action.
• Review bad debt provision on quarterly basis.
• Oversee Cash Management function and ensure back-office reconciliation is performed daily.
• Ensure schedules for all functions are reconciled and signed off within the given timeframe during month end.
• Manage overall Payroll function by adhering to the Human Resources and Finance policies and procedures.
• Efficiently run the daily operation of the Accounts Payables and Payroll sections and ensure smooth operations are being provided to staff and suppliers.
• Monitor timely and accurate payments and processing of invoices for contractors, creditors, suppliers and employees.
• Review and investigate payment discrepancies, and apply rectification accordingly, as well as prepare and review the ageing reports of the vendors.
• Review and amend, if required, Finance Operations’ policies and procedures to stay up-to date with the latest Finance standards and market practice.
• Manage direct reports and ensure they constantly have opportunities to grow and develop as professionals using the best available tools and methodologies, i.e. Performance Management system.
• Participate in developing the annual strategy in alignment with the Unit and Organization’s strategy, and support the SVP – Treasury & Corporate Finance in creating the departmental annual plan.

Qualifications & Certifications:

• Bachelor’s / Master’s degree in Finance and Accounting, or a similar qualification.
• One or more of the following financial qualifications would be considered a must: ACCA
• /CA / CPA / CMA.

Knowledge:

• Specific application knowledge / Systems knowledge
• Business knowledge / expertise I awareness
• Performance management
• Team management
• Knowledge of other functions I groups within the organization
• Knowledge of UAE laws & regulations, departmental policies and procedures / processes
• Knowledge in IFRS

Skills:

• Excellent interpersonal skills; business command of the English and Arabic languages
• (writing, reading and verbal).
• Excellent analytical skills.
• Good influencing skills at senior levels to influence acceptance of a new way of working.

Project management skills

• Ability to multitask and manage deadlines.
• Good computer skills to include wide experience of word documents, excel spreadsheets
• (including pivot tables and charts) and PowerPoint.
• Excellent presentation, planning and organizational skills.
• Ability to build and maintain strong rapport with colleagues across various levels in the
• organization.

Experience:

• A minimum of 8 years’ experience within Finance or Accounting, with experience in a
• similar capacity.
• Experience in working in a complex environment with a high level of accuracy and
• attention to detail is a must.