Finance Officer

Summary and Overview

• Finance Officer
• Dubai
• Permanent
• Full time
• Competitive Salary & Benefits

You'll be responsible for managing and optimizing the financial operations, reporting, and regulatory compliance for our clients, ensuring you adhere to the specific standards of the DIFC and ADGM jurisdictions.

This role encompasses overseeing daily financial activities, preparing accurate regulatory submissions, and providing critical support for the strategic financial planning and decision-making.

Your New Role

This list of duties is not exhaustive and may change from time to time according to business needs:

Financial Reporting & Accounting

• Maintain accurate financial records in compliance with International Financial Reporting Standards (IFRS)
• Prepare and review monthly, quarterly, and annual financial statements
• Reconcile accounts, including bank statements, intercompany accounts, and other financial transactions
• Support internal and external audit process, ensuring timely provision of all required documents
• Review payments and accruals
• Review of Payroll
• Critical review of findings or significant areas in the financial reports - raise questions involving accounting principles, auditing standards, accounting standards, tax regulations and firms polices

Regulatory Compliance

• Ensure compliance with DIFC/DFSA and ADGM/FSRA regulations, including the submission of periodic regulatory reports
• Regulatory return review and submission of EPRS (DIFC or ADGM
• Monitor adherence to the Clients Capital Requirements (CAR)
• Maintain accurate records to meet Anit-Money Laundering (AML) and Know Your Customer (KYC) obligations

Risk Management

• Identify financial risks and recommend mitigation strategies
• Support development and implementation of internal controls to safeguard assets and ensure process efficiency

Tax & VAT Compliance

• Ensure timely filing of VAT returns in compliance with UAE tax regulations
• Monitor any changes in tax laws applicable to DIFC and ADGM entities and update processes accordingly

Stakeholder Management

• Liaise with DIFC/ADGM regulatory bodies as required
• Coordinate with internal teams, external auditors, and outsourced services providers to ensure seamless financial operations
• Prepare detailed financial projections and models to support license application projects, ensuring alignment with regulatory requirements and the business plans of clients

What will you need to succeed in this role?

As to be expected, we are searching for someone who can bring a range of skills and experiences to enhance the team. As such, there are a few essential skills we are looking for:

• Bachelors Degree in Accounting, Finance or related field
• 5+ years relevant experience in accounting and financial management
• Prior experience in DIFC/ADGM environment as an Authorised Individual
• Familiarity with DFSA and FSRA regulatory frameworks
• Strong knowledge of IFRS, UAE VAT regulations and local compliance
  requirements
• Professional qualification (eg, ACCA, CPA,CA) (desirable)
• Knowledge of AML/KYC obligations under UAE laws (desirable)
• Proficiency in accounting software (desirable)

Personal attributes which would be seen in the ideal applicant include;

• Excellent analytical Skills and attention to details
• Strong communication and interpersonal skills for dealing with regulators and stakeholders
• Ability to manage multiple priorities and meet strict deadlines

Equiom Group

For more than 45 years we have supported high net worth individuals and international corporations to nurture and fulfil their ambitions. We are a global professional services provider, working with private clients, corporate clients and funds to navigate the twists and turns to achieve their ambitions.

We are proactive and passionate. We provide exceptional service to develop deep and meaningful client relationships, providing an unrivalled breadth of bespoke end-to-end wealth protection and business support services.

We are a business which has expanded, allowing us to adapt quickly to change and invest in key areas to support our growth journey. We are looking for brilliant people to join our team to grow and develop with us.

What should you do now?

If you are interested in this role, please apply now. If you have read the above and are unsure about whether this is for you; maybe you can do most of the responsibilities, or you have some of the key skills, please get in touch for a confidential conversation about the role and we can discuss further.

Equal Opportunities

Equiom Group is committed to Diversity and Inclusion across our Global business. We welcome applicants from all interested parties, and any reference to qualifications or certifications should be read to be interchangeable with local or international qualifications and certifications. All applications will be reviewed solely on their merits. All recruitment and selection will be conducted in accordance with prevailing Employment and Equality legislation.