Manager – Finance Full Time

Job Purpose

• Manage the entire Finance Function of DP World Foundation on its day-to-day operations up to Finalisation of its Financial Accounts & Reporting in order to achieve the organisation’s financial objectives.
  
  
  
• Be Responsible for all financial and fiscal management aspects of organisation operations.
• Participate & coordination in the administrative, business planning, accounting and budgeting efforts of the company.
• Effective Management of Cash & Treasury Operations.
• Effective & efficient use of financial resources and the safeguarding of assets belong to company.
• Ensure reconciliation of accounts periodically as agreed/scheduled

Key Accountabilities

Budgeting

• Review and recommend to management budget models, budgeting policies and procedures
• Manage annual budget preparation; critically review the budget, revenue and expenses, and give feedback to management
• Consolidate and prepare the budget of various sections for review of Department Head and approval of Board of Directors/Director General
• Controlling the budgets post approval from management

Management and Financial Reporting (Including Audit)

• Analyse financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget.
• Examining and evaluating the cost-efficiency of DP World Foundation, in light of utilisation of what percentage of the company’s financial resources.
• Preparing internal reports for management to support decision making
• Report the results, monthly or other periodic basis, to Head of Finance highlighting the financial performance and reason for variance from budget / targets
• Managing financial reporting and handling annual external audit of DP World Foundation
• Ensure that reporting is in compliance with IFRS and IASs
• Management of VAT compliance and Reporting which includes quarterly return submission and payment well within due date.
• Managing banking relationships and Bank reconciliation
• Assist Head of Department in designing governance framework through policy and procedure for managing receivables and payables.
• Manage and monitor receivables and payables and reconciliation in line with schedule.
• Monitor the implementation and maintenance of accounting control procedures
• Responsible to properly maintain financial record keeping system, ensure/perform full cycle of financial accounting. Validate all accounting transactions (Revenue and Expenses) are performed correctly in time, validate that all transactions are accurately entered in the accounting system in accordance with accounting standards and regulations.
• Review of the Trial Balances and ensure the integrity of GL balances which includes the analysis of accounts, analyzing financial discrepancies and recommending effective resolution, review the closing reports and sign-off.
• Ensure that adequate fixed assets records are maintained, identifying the location and the user of each asset, review of Fixed Assets closing reports and sign-off.
• Reduce Department’s Risks by ensuring closing of all audit findings from different entities such as IAD, FAD, ISR, ISO and other certificates, …etc. in line with the agreed deadlines.

People Responsibilities

• Evaluate and discuss job performance to identify issues and to work on resolving problems
• Provide formal and informal evaluations/feedback, addressing employee issues when required
• Assess training needs for the team and ensure that the team is fully capable to meet the job requirements

Information Security Responsibility

• To understand and adhere to the information security policies and procedures related to their day-to-day activities and safeguard information assets from unauthorised access (disclosure, modification and destruction).

General Responsibilities

• Adhere to company policy and procedures.
• Compliance with HR Policy and procedures.

Qualifications, Experience and Skills

• Bachelor’s Degree in Accounting, Finance, Economics or relevant field
• Membership in any one of the Professional Accounting bodies, CPA, CA, CIMA, ACCA but not mandatory
• Preferred: Master’s Degree preferable specialised in accounting, finance or relevant field
• Hands-on experience with accounting software and statistical packages
• Comprehensive Knowledge of IFRS/IAS accounting procedures
• Ability to analyse financial data and prepare financial reports, statements and projections
• Knowledge of federal and state financial regulations
• Ability to formulate broad strategies on multi-dimensional strategic issues
• Excellent interpersonal skills and ability to work in collaborative environment