Associate Finance Manager

About the Role:

This role focuses on the core finance functions & operations within Nomac/ACWA Power. The ideal candidate will bring a strong accounting background. ERP system like SAP and power segment experience is an added advantage. The position plays a key role in ensuring financial accuracy, finance operation, and GL control. The role is based in Dubai, UAE and is focusing primarily on local Emirati talent pool.

Functional Responsibilities:

• Collaborate closely with business leaders, project companies, TPO (Transaction processing Outsourcing team) and other departments for a timely period and month-end closing activities
• Perform trial balance (TB) reviews, ensuring all action items are tracked and resolved including, monthly accruals schedule Prepayments, Advance payments and clearing accounts GLs.
• Intercompany transactions reconciliation, Customer reconciliation and Supplier reconciliations on weekly basis.
• Reviewing Income tax and VAT calculation.
• Coordinate with project companies and review of monthly customer invoices
• Review of weekly bank reconciliations.
• Bank payments initiation in the online banking portal.
• Liaison with banks on banking transactions.
• Liaison with external and internal auditors and providing required schedules and supporting documents to conclude audits on timely basis.
• Involvement in annual budget preparation with plant teams, project companies and other dividend.
• Preparation of monthly management reports, fully year forecast and discussion with business leaders and project companies
• Accounts payable management including communication with UAE plants teams for SES and GRN for GRIR clearance and invoice booking coordination with Transaction Process Outsource (TPO) team.
• Coordinate with supply chain team and suppliers on the supplier outstandings.

Qualifications, Experience & Knowledge:

• Bachelor’s or master’s degrees in accounting, Finance, or a related field.
• Minimum 5-7 years of experience in accounting, financial reporting, or GL control.
• Strong knowledge of GAAP/IFRS, revenue recognition standards, and audit processes.
• Experience with ERP systems (SAP) is highly desirable.
• Proficiency in Excel and other financial analysis tools.
• Candidates must be fluent in English and Arabic with primarily focus on local Emirati Talent.

Skills:

• Strong analytical and problem-solving abilities.
• Excellent attention to detail and organizational skills.
• Ability to manage multiple priorities and meet tight deadlines.
• Excellent communication skills—both written and verbal.
• Team-oriented mindset with the ability to collaborate across departments.
• Ability to understand financial models
• High degree of rigor and attention for details
• Able to work in multicultural environments and multidisciplinary team