Manager - Financial Control Projects

AD Ports Group


Date: 2 hours ago
City: Abu Dhabi
Contract type: Full time
Job Description

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.

Responsibilities

  • Oversee financial performance reporting to key stakeholders, including leadership, committees, and external entities, ensuring transparency and compliance.
  • Implement and monitor financial controls to maintain accuracy, efficiency, and compliance with policies and regulations across all financial operations.
  • Set up new overseas businesses, implementing finance processes, and ensuring proper delegation of authorities and compliance with local regulations.
  • Support investment proposals, CAPEX reviews, and stress tests, providing financial insights and recommendations to aid decision-making and cost optimization.
  • Manage Portfolio budgets, financial plans, and forecasts, aligning with organizational objectives and guidelines, and ensuring timely variance analysis and corrective actions.
  • Lead the consolidation of financial data and preparation of comprehensive financial statements, ensuring compliance with IFRS and regulatory requirements.
  • Supervise account reconciliations, maintain an effective chart of accounts, and ensure the integrity of the GL system, including payroll, AR/AP, and other accounts.
  • Prepare for and support internal and external audits, maintaining accurate records and documentation to ensure audit readiness and compliance.
  • Manage the integration of budgets and forecasts into financial systems, oversee system updates, and ensure seamless payroll, loan, and pension processes.
  • Establish and manage local finance teams, ensuring their performance, development, and alignment with organizational goals, and providing regular feedback and coaching.

Qualifications

  • Bachelor's degree in finance, accounting, or business administration, with a Master's degree preferred, and professional accounting qualifications (CPA, CMA, ACCA, or equivalent) required.
  • Proficiency in English, both written and spoken, is essential, with knowledge of additional regional languages highly advantageous.
  • A minimum of 10 years of finance experience, including 5 years of independently managing a finance function, with strong stakeholder management and relationship-building skills.
  • Exceptional decision-making, problem-solving, and analytical abilities, with a focus on complex financial challenges and providing actionable business insights.
  • Experience with accounting and financial systems, corporate finance, financial risk management, and strategic planning, with a strong understanding of ERP systems.
  • Strong leadership and people management skills, able to motivate and develop teams, with a strategic mindset and the ability to advise on GL best practices.
  • Excellent communication and collaboration skills, able to engage effectively with stakeholders, business partners, and cross-functional teams.
  • Ability to work independently, manage multiple priorities, and adapt to changing business needs and financial landscapes.
  • A proactive and results-oriented approach, with a focus on continuous improvement and a commitment to delivering high-quality financial services.
  • A strong ethical foundation and a commitment to maintaining the highest standards of integrity and confidentiality in financial management.

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Senior Engineering Manager

Penspen, Abu Dhabi
2 hours ago
Penspen is looking for a Senior Engineering Manager for a PMC project in UAE.The Senior Engineering Manager would be responsible for overseeing the entire lifecycle of engineering projects, managing multiple teams or significant program scopes, and aligning technical initiatives with broader business objectives.QualificationAny Engineering Degree from a recognized university.ExperienceMinimum 20 years of experience in which 15 years should be in...

Director- Portfolio Manager

First Abu Dhabi Bank (FAB), Abu Dhabi
1 day ago
Company DescriptionAre you ready to join us on our exciting transformation journey at the largest bank in the UAE? This is an opportunity to make a real impact on our customers, employees, shareholders, and communities, as part of the FAB team. We're committed to our grow stronger movement, and as a member of our team, you'll have access to everything...

Project Director - Roads

Parsons Corporation, Abu Dhabi
2 days ago
In a world of possibilities, pursue one with endless opportunities. Imagine Next!At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself. Guided by our leadership vision of valuing people, embracing agility, and fostering growth, we cultivate an innovative culture that empowers you to achieve your full potential. Unleash your talent and redefine what’s...