BUDGETING AND COMPLIANCE OFFICER

Job Purpose

Job Responsibilities

• *a) Budget Management*
• Assist in coordinating the annual budgeting process in collaboration with department heads.
• Facilitate review and consolidation of departmental budgets.
• Monitor and analyze actual vs. budgeted expenditure and provide variance analysis reports.
• Recommend cost-saving initiatives and improvements in budget controls.
• Support forecasting and financial planning activities.

*c) Internal Controls & Compliance*

• Ensure adherence to financial policies, procedures, and internal controls.
• Assist in internal and external audits, providing necessary documentation and explanations.
• Maintain up-to-date knowledge of regulatory requirements related to financial transactions.
• Assist in designing, implementing, and maintaining internal financial controls and procedures.
• Support in evaluating the effectiveness of existing controls and recommend improvements.
• Facilitate periodic risk assessments and control reviews across financial processes.
• Assist in compliance reporting and filings to regulators, donors, and other stakeholders.
• Support initiatives to automate and streamline financial processes.

*d) Reporting & Analysis*

• Prepare periodic financial reports related to budgeting and supporting analysis.
• Provide insights and recommendations to inform financial decision-making.
• Monitor KPIs related to budgeting and payables and suggest improvements where necessary.
• Ensure compliance with all relevant (internal and external) regulations including QHSE requirements using RIT policies and procedures as appropriate
• Perform other tasks and duties as assigned/needed in order to meet the requirements of the role and the goals of the University

Required Minimum Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field (CPA, CIA, CMA preferred).
• Minimum of 3 years’ experience in budgeting, financial planning, and internal controls audit.
• Strong knowledge of accounting principles, financial systems, and ERP software.
• Proficiency in Microsoft Excel and other financial reporting tools.
• Excellent analytical, organizational, and problem-solving skills.
• Strong attention to detail and commitment to accuracy.
• Preferred Arabic speaker.

Preferred Minimum Qualifications

• Big 4 audit experience (internal audit would be preferable).
• Prior experience in the education sector is preferable (but not required).
• Proven knowledge of UAE tax laws and regulations.
• Proven knowledge of financial reporting standards (e.g., IFRS).
• SOX audit experience would be a plus.

Application Procedure

• Please email your application to [email protected] and include the following in your application:
• Subject line must include the source, your name and position you are applying for;
• (Name – Budgeting and Compliances Officer)
• Cover letter detailing your technical/professional, teaching, and scholarship qualifications and achievements
• Resume or curriculum vitae
• Contact information
• Applications review will begin immediately and continue until a candidate is selected.
• Only shortlisted candidates will be contacted.
• For more information, please visit RIT Dubai website: www.dubai.rit.edu.