Financial Affairs Manager (Bilingual)

Dubai, United Arab Emirates | Full-time

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The American University in the Emirates invites Finance and Accounting Professionals to apply for the role of Financial Affairs Manager.

Job purpose

The main purpose of this role is to ensure business growth & decision making, responsible to oversee the finance functions of management and financial accounts.

Qualifications & Education

  • Holder of Masters or Bachelor Degree in Business Administration with specialization Accounting, Finance from an accredited university
  • ACCA/CIA /CMA Certified is mandatory

Experience/ Training / Knowledge:

  • 7 to 10 years of experience with finance & accounting 
  • Minimum 5 years’ experience at a managerial accounting level needed
  • Experience in a higher educational organization is preferred. 
  • Bilingual mandatory (English & Arabic)

Responsibilities:

  • Plan, budget, and oversee all financial affairs services, functions, and other related matters.
  • Assist in planning, reviewing, recommending, developing, and monitoring the University's implementation of the University budgeting policies, processes, rules, regulations, and procedures.
  • Establish and maintain relationships with financial institutions, execute contracts and other agreements on behalf of AUE, and serve as a liaison with all committees on financial matters, investments, and audit firms.
  • Prepare official reports and financial closing on a monthly and annual basis.
  • Reporting the financial and budgeting results of operations to the Vice President for Administrative and Financial Affairs, the audit and internal control committee and officers, and the relevant executive officers, committees, and offices.
  • Establishing and maintaining sound relationships with financial institutions, including commercial and investment banks, managing working capital and endowments and other long-term investments, developing investment strategies and policies, and managing AUE's financial risk management by providing the appropriate levels of coverage and balance.
  • Advising and implementing best practice methods to increase revenue and reduce/monitor costs.
  • Executing contracts, drafts, loan agreements, stock transfers, and other arrangements necessary for the functioning of the University.
  • Assisting the President, Councils, and other concerned Officers in developing and revising policies and practices; and providing sound financial advice and information to all AUE Departments/ Units.
  • Seek out methods and practices to minimize financial risk
  • Reviewing the financial systems, and with the advice of the internal and external auditors making recommendations for amendments.
  • Ensuring that all financial documents, financial regulations, and procedures are up-to-date and comply with statutory requirements, storing, securing, maintaining and updating financial records documents, establishing security measures and designating a safe area to protect and securely store financial data, documents, and records for not less than 15 years.
  • Striving to be customer-oriented and responsive to a variety of University employees' needs.
  • Conduct analysis to make forecasts and report to upper executives.
  • Overseeing Accounts Payable, Accounts Receivable, Cash Flow, Tax, Payroll, Financial, and Management Accounting functions.
  • Managing and overseeing the University's taxation affairs and liaising with the external tax firm for specialist advice.
  • Analyzing the financial climate and market trends to assist senior executives in creating strategic plans.
  • Contracting auditing services to ensure financial monitoring is up-to-date.
  • Providing training and development courses for the Financial Affairs Department staff to upgrade their technical level.

  

LOCATION:

American University in the Emirates – Dubai International Academic City – Dubai – United Arab Emirates.