Manager - Financial Control Projects

Key Responsibilities:

Core Responsibilities:

Financial Controlling, Budgeting and Planning

• Oversee the preparation, review, and submission of financial performance reports to the Portfolio leadership, Steering Committee, Holding Company, and other stakeholders, including materials for public disclosures and government entities.
• Ensure robust financial controls are implanted and monitored
• Setting up new companies and businesses overseas and implements finance processes and procedures including application of delegation of authorities
• Support the preparation of investment proposals, CAPEX reviews, and stress tests.
• Provide detailed financial insights and recommendations to senior management, aiding decision-making and cost optimization.
• Manage the preparation of Portfolio budgets, financial plans, and quarterly and annual forecasts, including variances and corrective actions, ensuring alignment with Portfolio and organizational objectives and guidelines.
• Coordinate the development, implementation, and enhancement of business intelligence tools for financial reporting and analysis.
• Oversee Portfolio accounts payable, payroll, and tax processing, ensuring accuracy, efficiency, and compliance with financial policies and regulations.
• Collaborate with HR on payroll-related processes, employee loans, pensions, and cost analysis for employee exits and settlements.
• Ensure the integrity of the GL system, maintaining accurate and up-to-date entries for payroll, accounts receivable/payable, cash, depreciation, and other accounts.
• Lead the consolidation of financial data and preparation of comprehensive financial statements in compliance with IFRS and regulatory requirements.
• Supervise account reconciliations and maintain an effective chart of accounts for financial reporting needs.
• Ensure audit readiness by maintaining accurate records and documentation, supporting internal and external audits, and preparing for Audit Committee and Steering Committee meetings.
• Enforce proper monthly book closures and compliance with financial, legal, and administrative requirements.
• Recommend actions to improve financial systems and controls.

ERP Support (Oracle Fusion)

• Manage the integration of budgets and forecasts into financial systems (e.g., Oracle Fusion) and oversee system updates for assumptions and processes.
• Maintain ERP-related setups for budget control, approval hierarchies, and financial reporting.
• Ensure seamless integration of payroll, employee loans, and pension processes into the ERP system.
• Coordinate the design, implementation, and enhancement of ERP modules to support budgeting, forecasting, and financial reporting.
• Manage the full system integration of Oracle Fusion for budgets and forecasts, ensuring data accuracy and consistency.
• Update and maintain Oracle Fusion requirements related to budget assumptions, processes, and reporting needs.
• Oversee the accuracy of data within ERP systems, conduct regular checks, and execute cleanup activities as necessary.
• Perform reconciliations of payroll accounts, supplier statements, and other financial data within the ERP system to ensure accuracy and compliance.

People Management Responsibilites:

• Establish and manage local finance teams, including a) finalizing manpower needs, obtaining requisite approvals, and ensuring alignment with organizational goals; b) ensuring their performance, workload, and development are effectively managed.
• Conduct performance planning, evaluations, and assessments for team members, providing regular feedback and coaching to foster ongoing capability development.
• Manage the resolution of escalated issues from team members and provide guidance to ensure smooth operations.
• Conduct training sessions for Portfolio employees on various finance-related aspects, sharing subject matter expertise and transferring knowledge to enhance team capabilities.
• Plan and participate in the ongoing training and development of assigned UAE National employees, including assessing their training needs, developing structured programs, monitoring progress, and providing counseling as required.
• Develop department budgets in conjunction with the unit's overall budget, track expenses, and ensure adherence to financial guidelines.
• Cultivate and maintain strong relationships with employees, suppliers and stakeholders to support effective collaboration and issue resolution.

Strategic Responsibilities:

• Develop plans and goals to enhance efficiency and effectiveness within AP and payroll functions.
• Strategize system and manpower optimization plans.
• Prepare and deliver financial reports to management and government agencies.
• Develop, implement, and enforce budgets, policies, and controls to enhance accuracy and efficiency.
• Foster effective relations with the HR team.
• Participate in the formulation of the overall Portfolio Finance strategy and ensure the alignment of Finance objectives.
Act as a strategic advisor to the leadership team on GL best practices and trends.

SECTION III: KNOWLEDGE & SKILLS

Educational and Technical Qualifications:

• Bachelor’s degree in finance, Accounting, Business Administration, or equivalent. Master's degree is a plus.
Professional accounting qualifications such as CPA, CMA, ACCA or equivalent

Language Skills:

• Proficiency in English (written and spoken)
• Knowledge of additional languages relevant to the region is highly advantageous.
  

Years of Experience:

• A minimum of 10 years of finance-related experience, including at least 5 years of independently managing a finance function and strong stakeholder management abilities
  

Nature of Experience:

• Excellent relationship-building, influencing, and communication skills to engage with stakeholders and business partners effectively.

• Exceptional decision-making and problem-solving capabilities to address complex financial challenges.

• Ability to analyze data, identify trends, and provide actionable insights for business improvement.