Director - Management Accounting

Overview

Principal Responsibilities

• Produce a robust monthly management reporting pack, with insightful analysis and interpretation of variances, against budget expectations.
• Assist CFO in Board Pack preparation.
• Ensure regional finance teams provide monthly accurate management reporting and information is submitted in accordance with internal deadlines.
• Manage and coordinate the annual budget and quarterly forecasting process for the region, ensuring adherence to the timelines and a comprehensive understanding of underlying assumptions.
• Develop and oversee the implementation of policies and standards covering relevant functions of the Finance Division.
• Perform cost optimization exercises and analysis through diligent review of all operating cost elements.
• Co-ordinate with the Commercial teams and provide support for customer contract reviews, customer profitability exercises.
• Ensure that the regulatory requirements of all statutory bodies within UAE and overseas regarding company’s financial affairs are efficiently managed.
• Assist in formulating the company's future direction by monitoring and directing the implementation of strategic business plans.
• Supporting the BU/Departmental Budgeting process by providing information to the leadership and critically evaluating the budget proposals.
• Consolidation of budget and preparation of sub-budget elements e.g. Manpower budget, Revenue budget, SSD budget etc.
• Reviewing the AFEs (Approval for expenditures) relating to relevant departments and BUs.
• Working with other teams including Payables, Receivables, staff control whenever needed for matters such as payments authorization etc.
• Coordinate with other departments and functions on management fees, SLAs and dividends.
• Recommend and participate in implementing financial systems / changes.
• Design and maintain costing and profitability analysis systems.
• Preparation and submission of Ad Hoc and periodic reports with regards to the financial performance of the company.
• Ensure compliance with state regulatory requirements, financial and audit procedures.
• Initiate and hold review meetings with the departments, functions, and BUs on regular basis.
• Review Audit results for relevant areas, evaluate the findings, lapses and weaknesses and recommend action plans thereof.
• Ensure attraction, retention and skill development of finance team to create a high performing talent pool
• Support operations team in providing all necessary support and financial analysis to fulfill their duties.
• Build partnerships and maintain strong relationships with all senior managers and their teams across BUs and departments.
• Act as the main point of contact for internal and external auditors as and when required.