Finance Specialist (UAEN)

Overview

Financial Reporting and Compliance

• Maintain accurate financial records and ensure proper documentation of all transactions.
• Assist in the preparation of monthly financial reports, including profit and loss, balance sheet, and cash flow summaries.
• Support the preparation of regulatory and statutory reports as required.
• Ensure compliance with IFRS and UAE financial regulations.

General Ledger and Month-End Close

• Post journal entries and maintain the general ledger.
• Perform account reconciliations (bank, vendor, and intercompany).
• Assist in month-end and year-end closing processes.
• Investigate and resolve discrepancies in financial records.
• Budgeting and Forecasting
• Assist in collecting data for annual budgeting processes.
• Support preparation of budget vs. actual variance reports.
• Provide basic analysis and highlight deviations for management review.

Accounts Payable and Receivable

• Process supplier invoices, ensuring accuracy, proper coding, and completeness.
• Prepare payment runs in line with internal procedures (final approvals to be completed by Director).
• Monitor accounts receivable and follow up on outstanding invoices.
• Maintain vendor and customer records.

Cash Flow Management

• Assist in monitoring cash balances and preparing cash position reports.
• Perform bank reconciliations on a regular basis.
• Support cash flow tracking and reporting activities.

Cash Flow Management

• Prepare schedules and documentation required for internal and external audits.
• Ensure adherence to financial policies, procedures, and controls.
• Maintain organized and audit-ready financial documentation.

Internal Controls and Process Improvement

• Follow established internal controls and financial procedures.
• Suggest improvements to enhance efficiency and accuracy in accounting processes.
• Support system updates and data integrity within finance systems.

Financial Analysis and Support

• Provide basic financial analysis and data support for decision-making.
• Assist in tracking project costs, grants, or specific initiatives.
• Generate ad hoc financial reports as requested.

Occupational Health and Safety

• Ensures adherence to relevant occupational health and safety policies, procedures and systems within the department.

Ad-hoc

• Performs any other tasks and responsibilities as required in order to meet strategic or functional objectives of the organization.