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Financial Controller Abu Dhabi - United Arab Emirates (+1 Other)

Abu Dhabi - United Arab Emirates (+1 other)
2021-05-31 19:00:13
Financial Controller Abu Dhabi - United Arab Emirates (+1 other)
• Job Description
• As a Financial Controller you'll work directly with the CFO, heading up the day to day financial activities including; preparation of month end accounts, bank and balance sheet reconciliations, accruals and advance payments, audits and year end statutory accounts.
• Basic Function:
• The controller position is accountable for the general accounting operations of the University.
• Duties include:
• - Monthly, quarterly, and annual financial reports (statutory format) in conjunction with the Management Accounting and Reporting Section,
• - Maintenance of an adequate system of accounting records
• - Enhance the accuracy of the company's reported financial results, and
• - Ensure that reported results comply with international financial reporting standards (IPSAS Accrual Standards, UAE Government Accounting Standards, or as required) and Modified Cash Basis (UAE Ministry of Finance).
• Principal Accountabilities:
• Management
• - Maintain/Revision of the documented... system of accounting policies and procedures (guides financial decisions by reviewing and enforcing policies and procedures)
• - Oversee the accounting operations of subsidiary activities, especially their control systems, transaction-processing operations, and policies and procedures.
• - Protects assets by reviewing and enforcing internal controls.
• Transactions
• - Ensure that accounts payable are paid in a timely manner
• - Ensure that all reasonable discounts are taken on accounts payable
• - Ensure that accounts receivable are collected promptly
• - Process payroll in a timely manner
• - Ensure that monthly bank reconciliations are completed
• - Ensure that required debt payments are made on a timely basis
• - Monitor/Maintain the chart of accounts
• - Monitor/Maintain an orderly accounting filing system
• - Maintain a system of controls over accounting transactions
• - VAT Tax filing and reconciliation (in conjunction with the CFO and Section Head)
• Reporting
• - Issue timely and complete statutory financial statements (Balance Sheet, Income Statement, Cash Flow)
• - Regular Working Capital reporting
• - Coordinate the preparation of the corporate annual report
• - Provide for a system of management cost reports
• - Provide financial analyses as needed
• Compliance
• - Coordinate the provision of information to external auditors for the annual audits
• - Coordinate substantive data to meet internal audit requirements
• Additional Accountabilities:
• Support the CFO by:
• - Filing of reports and coordination of scheduled audits with the State Audit Institution (SAI):
• • Treasury and working capital management
• • Achieves budget objectives by scheduling expenditures; analyzing variances; initiating corrective actions
• - Maintaining financial staff job results by coaching, counseling, and disciplining employees; planning, monitoring, and appraising job results.
• - Coordination of staff development and other internal initiatives
• - Complying with federal, state, and local legal requirements by studying existing and new legislation; anticipating future legislation; enforcing adherence to requirements; filing financial reports; advising management on needed actions
Abu Dhabi - United Arab Emirates (+1 other) undefined undefined
Financial Controller Abu Dhabi - United Arab Emirates (+1 other) United Arab Emirates University (UAEU) Abu Dhabi - United Arab Emirates (+1 other)
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