Budget & Financial Reporting Unit Head - UAE National

• Works with the Finance Manager to develop medium and long-term plans for the Budget & FinancialReporting unit which are in line with the companys vision, mission and strategic objectives.
  
• Establishes & reviews the unit strategies, goals, methods, policies and procedures for implementingprograms in alignment with companysstrategic vision, mission and goals.
  
• Works closely with the Finance Manager to define metrics to measure the success of the initiativesand projects in the Budget & Financial Reporting Unit, analyses data collected to determine thesuccess of past and current initiatives and projects and provides recommendations.
  
• Leads on the annual budget preparation process in accordance with the government and Departmentof Culture and Tourism guidelines including the development of required templates, set up budgetsubmission calendar, support the department in their budget submission in alignment with thecorporate strategy, review departments submission, consolidation and presentation to themanagement for approval.
  
• Reviews and endorses budget transfer requests according to the approved budgets and cash flows.
  
• Leads the process of obtaining updated cash flows and budget requirements from the departmentsbased on management s direction, reviews, consolidates and submits the updated cash flow formanagement review and approval.
  
• Leads the process of updating budget module in Government Oracle (ERP) based on budget approvaland approved updates on the cash flows during the year.
  
• Manages the day-to-day operations of the Budget and Financial Reporting unit, providing expertise,and aligning work processes in order to achieve high performance standards and meet establishedtargets and objectives.
  
• Directs the delivery of the management accounts reports and ensures an appropriate analysis is inplace.
  
• Identifies financial and economic risks and proposes mitigation tools.
  
• Reviews and oversees the generation of timely and accurate standard and adhoc financial reportsgenerated by finance team including actual versus budget and revised cash flows.
  
• Assists the Finance Manager in preparing, managing and reviewing feasibility studies, business plans,financial forecasts and funding needs.
  
• Ensures compliance with government rules and guidelines and the corporate policies and procedures.
  
• Provides performance management, career development guidance, and development of keyperformance indicators (KPIs) for direct reports.
  
• Ensures operational excellence in achieving KPI s, working towards establishing a sustainable financialmodel by achieving any set financial targets and driving internal process improvement and efficiency.
  
• As a brand ambassador the role holder will consider the customer prospective in all projects - workingto understand and manage all stakeholders.
  
• As a leader the role holder will create learning opportunities by collaboration, transfer of knowledge,or developing employees in respective area, that drive employee engagement and growth across the company.
  
  

Requirements

• 8 years of experience in finance or accounting department in a medium to large organization
  
• Solid experience in Financial Key Performance Indicators (KPI), budget preparation and analysis
  
• Solid experience in preparation of financial reports for management
  
• Understanding of government policies and procedures of financial matters
  
• Understanding of Enterprise Resources and Planning Systems (ERP)
  
• Fluency in Arabic and English
  

• 10+ years of relevant experience
  
• 2-3 years of experience in amanagement role which includedleading & managing people
  
• Work experience on Hyperion module
  
• Fluency in Arabic, English & French
  

• Bachelor s degree in Finance orAccounting
  

• Masters (in above).
  
• Professional qualification such asACCA, CPA, CA, CIMA, or MBA Preferred