Senior Financial Specialist
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Key skills for this role
About the Role
Directly supervise the finance team, assign tasks, monitor performance, and provide financial and technical guidance to ensure the quality and accuracy of outputs.
Key Skills for This Role
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Overview
- Directly supervise the finance team, assign tasks, monitor performance, and provide financial and technical guidance to ensure the quality and accuracy of outputs.
- Prepare, review, and approve accounting entries and treatments in accordance with the approved accounting standards of the Government of Dubai and applicable financial policies.
- Review and approve daily financial processes and transactions, ensuring proper accounting classification and the validity of supporting documents.
- Oversee monthly and annual financial closing processes, and prepare final accounts and related reports.
- Prepare and review the annual budget in coordination with relevant organizational units, and monitor its implementation in line with the approved budget.
- Monitor compliance with financial allocations, analyze variances, and propose appropriate corrective actions.
- Prepare periodic and advanced financial and analytical reports, including KPIs, trend analysis, and forecasts to support strategic planning.
- Supervise bank and accounting reconciliations, and ensure proper balance matching and periodic inventory/count processes.
- Oversee the management of advances, petty cash, contracts, and financial obligations, ensuring compliance with related procedures.
- Ensure compliance with applicable financial laws, regulations, and policies, and promote effective implementation of financial procedures.
- Coordinate with internal and external auditors, prepare required documentation, and follow up on audit observations and their resolution.
- Develop and enhance financial processes and systems, and contribute to digital transformation and automation initiatives.
- Participate in management meetings to provide financial insights, analysis, and advisory support for decision-making.
- Train and mentor junior finance staff and contribute to building institutional capabilities.
- Perform any other related duties as assigned by the direct supervisor.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field, with a minimum of 8 years of experience in the financial field.
- Master’s degree in Accounting, Finance, or a related field, with a minimum of 6 years of experience in the financial field.
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