Financial Controller

Financial Controller

TASC Outsourcing
5-8 years
25000 - 30000 AED

Job Description


Job Description :

The client is in the Education Industry and is now looking to hire a Financial Controller for their office at Dubai.
Primary Responsibilities:
Management and Transactions:
. Oversee the operations of the finance team (billing and accounts receivable, accounts payable & payroll) to adequately achieve the department's goals and objectives and to ensure:
- timely settlement of payments
- proper billing and prompt collection of receivables
- accurate payroll processing
. Maintain a documented system of finance policies and procedures, and system controls over accounting transactions
. Participate in the continuous improvement of the system efficiencies and business practices
. Monitor and maintain the bank balances and remain cognizant of scheduled payments
. Work with other departments on various finance issues as and when they arise
. Work directly with the Finance Director on any additional duties and responsibilities
Reporting:
. Manage the monthly financial close process and prepare monthly Financial Reports
. Prepare Budget Performance Report and Cash flow projections, and assist the Director of Finance on other required reports for finance meetings and board presentations
. Responsible for the year-end closing and preparation of the annual finance report
. Perform the monthly reconciliation of all bank statements
. Provide financial analysis as needed in particular activity or budget accounts
. Assist the Director of Finance in preparing the annual budgets
. Closely examine financial data and reports, reconcile account balances, and resolve discrepancies
. Coordinate and resolve various bank issues and enhancements to online services, thus maintain banking relationships
. Maintain an orderly documentation and filing of financial documents and secure financial information by completing database backups
Compliance:
. Collaborate with external auditors to ensure successful audit results and compliance
. Manage bank relationships
. Manage and comply with the Federal Tax Authority on reporting requirements and tax filings
Systems:
. Manage day-to-day systems issues
Required Qualifications:
. Minimum of 5 years work experience as a financial controller preferably in a school environment
. BA/BS degree in Accounting and/or relevant certification
. Prior experience managing a small accounting team
. High level of competence and experience working with ERP systems
. Demonstrated ability to communicate effectively (verbally and written) with all key stakeholders
Knowledge, Skills & Abilities:
. Knowledge and good understanding of the International Financial Reporting Standards (IFRS)
. Ability to problem solve by analyzing situations and communicating effective solutions both verbally and in writing
. Ability to work independently with minimal supervision
. Proficiency in the usage of accounting, database software,MS office and Google softwares
. Ability to perform calculations and changes for processing while efficiently managing daily work pressures
. The ability to work to tight deadlines, gather, analyze, explain and consolidate data for management reporting
. Ability to communicate effectively with a variety of stakeholders

Job Details

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