Assistant Manager - Compliance and Finance Projects - TECOM

Dubai Holding; Dubai; On-site; AED 60,000 - 100,000; Full time

Job summary

Ein etabliertes Unternehmen sucht einen erfahrenen Compliance-Manager, um die Finanzabteilung zu leiten und sicherzustellen, dass alle Vorschriften eingehalten werden. In dieser Schlüsselrolle werden Sie für die Entwicklung von Compliance- und Steuerstrategien verantwortlich sein und als Berater für die Geschäftsleitung fungieren. Sie werden die Möglichkeit haben, transformative Projekte zu leiten und die internen Kontrollsysteme zu optimieren. Wenn Sie eine Leidenschaft für Finanzen und Compliance haben und in einem dynamischen Umfeld arbeiten möchten, ist dies die perfekte Gelegenheit für Sie.

Benefits

Karriereentwicklungsmöglichkeiten

Wettbewerbsfähige Vergütung

Zusammenarbeit in einem dynamischen Team

Qualifications

• Mindestens 7 Jahre Erfahrung, davon 2 Jahre im Nahen Osten.
• Ausgezeichnete Kenntnisse in IFRS und internen Kontrollen.

Responsibilities

• Verantwortlich für die Einhaltung von Finanzvorschriften und Steuerangelegenheiten.
• Entwicklung und Implementierung von Finanzrichtlinien und internen Kontrollen.

Skills

Finanzanalyse

Compliance Management

IFRS Reporting

Analytische Fähigkeiten

Microsoft Excel

Education

Bachelor in Finanzen/ Rechnungswesen

CA/ ACCA/ CPA/ CMA

Tools

ERP Systeme (Oracle/ Yardi)

Job description

About TECOM Group:

TECOM Group PJSC, a Dubai Financial Market-listed company, which has been developing and operating strategic, sector-focused business districts across Dubai since 1999. The TECOM Group portfolio consists of 10 business districts catering to six vital knowledge-based economic sectors, including design, education, manufacturing, media, science, and technology.

The 10 business districts are: Dubai Internet City, Dubai Outsource City, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Knowledge Park, Dubai International Academic City, Dubai Science Park, Dubai Industrial City and Dubai Design District (D3).

About the Role:

The role holder is responsible for managing, overseeing and designing framework for Compliance (Finance), tax and ad hoc projects within TECOM’s Finance department. The role holder acts as an advisor to internal departments, senior leadership and business units on financial compliance and tax implications of any regulatory changes on TECOM’s business activities and transactions to ensure adherence to IFRS, tax and compliance regulations. This also include reviewing and providing feedback to CFO/Head of Accounting on memorandums submitted to Board and its committees (Audit and Risk Committee) in accordance with board Charter and reviewing memorandums and position papers to be submitted to the Board Chairman and GCEO. The role holder is also responsible for streamlining finance processes, managing & delivering large-scale change & transformational programs, devising Finance policies & procedures and maintaining a robust internal controls. The role holder is responsible for designing and implementation of finance processes, best practices and Internal Controls Framework including DOA.

The main duties and responsibilities of this role:

Tax and Compliance

• Manage the Compliance and tax function at TECOM by developing and maintaining tax and compliance policies and procedures.
• Represent TECOM in their dealings and queries with the Federal Tax Authority (FTA), Ministry of Finance and other government authorities and maintaining a healthy relationship with the same
• Ensure successful and on time completion of TECOM’s tax filings.
• Managing and perform the corporate tax workings and accruals in line with corporate tax regulations including De-minimis assessment as well and free-zone and non-free-zone customers segregation for revenue analysis.
• Manage, review and sign-off on various tax-related technical consultancies on behalf of TECOM. This may include close liaison with tax consultants
• Promote increased awareness of tax and compliance related matters across the business units and internal departments of TECOM.
• Primary responsible for regulatory finance compliance including Economic substance regulation and any other regulations promulgated by the Ministry of Economy and Finance.
• Stay up-to date with the latest relevant tax legislative changes and provide support to prepare the group implementation of changes in tax regimes such as UAE corporate Tax, BEPS Pillar 2, Global Minimum Tax, Economic substance Regulations Review, UBO Requirements, Withholding Tax and Transfer Pricing – Master and Local records maintenance and conduct impact assessment for the group and system updates recommendations and implementation support.

Internal Controls over Financial Reporting

• Responsible for Implementation of Internal control over financial reporting framework across the TECOM group in accordance with the requirements of DFM and SCA.
• Overseeing the complete ICFR exercise within the organization
• Liaison and coordination with external auditors on the ICFR audit engagement.
• Training and providing guidance to internal controls team as well as process owner to ensure reduction in control deficiencies and compliance with ICFR framework.

Financial Policies and Governance

• Assume overall ownership of the TECOM finance policies including update and implementation.
• Initiate and lead the development and revision of Delegation of Authority (DOA) for Finance with the key objective of ensuring compliance with TECOM’s policies, overall DOA and to ensure a robust framework for internal controls
• Support the Finance Management in providing training to all Finance personnel on Finance policies, processes, company policies, and DOA and periodically to other stakeholders (e.g. HR, Legal, and Procurement) affected by Finance policies as required.
• Establish solid internal controls processes and identify areas for improvement from the perspective of efficiency and compliance with TECOM policies.
• Work closely with the finance management in preparation and review of Management memorandums sent to GCEO for approval from finance side and ensuring compliance with respective DOA and Finance Policies and procedures.
• To act as Finance Focal point for all internal and Government audit matters and to formulate a resolution plan and accordingly monitor the implementation and resolution of all findings as per the agreed time frame.

Authorized Signatory

• To authorize payments in accordance with the approved Bank mandate and to act professionally and fulfill all relevant responsibilities of authorized signatories as mentioned in the TECOM Finance Policies and Procedures.

IT and Ad Hoc Projects / Systems Support / Access Control

• Work as Finance Project manager on all large-scale transformational projects taking ownership to represent the finance department with respect to different IT and business projects including implementation of new systems.
• Carry out periodic (including annual and adhoc) review of user access controls and segregation of duties within finance in accordance with the guidelines as articulated in the finance policy manual to ensure maintenance of segregation of duties and finance team’s compliance with policies and industry best practices.
• Support the evaluation and review of the ERP related system access requests and changes for the various financial modules.
• Manage and keep track of all the IT requests and demands raised by all the finance team members to ensure timely resolution and effectiveness within finance department.
• Conduct meetings on a periodic basis with IT team to ensure IT and finance alignment with respect to delivery.
• Perform ad hoc assignments (as mandated by finance management) in various areas of finance function with the objectives to enhance internal controls, efficiencies, introduce best practices and identify any gaps in the process.

Documentation

• Act as the custodian for key finance documents including:
• Finance DOA (Delegation of authority)
• Monthly account reconciliation dashboard.

Finance, Accounting and Audit Support

• Overall ownership of the Account Reconciliation dashboard process includes independent review, controlling and monitoring for all the balance sheet and P&L accounts, along with monthly reporting to senior Finance Management on the outcomes.
• Work with accounting team in managing the accounting implications for the various assigned key balance sheet and P&L balances / accounts with regards to providing technical guidance in accordance with IFRS / local regulations including best practices.
• Work with TECOM Board secretary and VP business excellence in all board submission matters and to ensure timely finance submissions for all board matters.

Relationship Management

• Establish and nurture relationships with key personnel and stakeholders to ensure all audits and projects are conducted seamlessly and timely.
• Manage relationships with Tax Advisors and other external consultants.
• Provide training to all Finance personnel on Finance policies, processes, company policies, and DOA and periodically to other stakeholders (e.g. HR, Legal, Procurement, Contracts, AXS) affected by Finance policies as required.
• Maintain relationships with Legal / HC / Deals / Leasing departments etc. to ensure tax and compliance related advice is provided timely and accurately to inform key decision making.
• Liaise with the corporate Business Excellence & Compliance team to enhance policies and procedures for Finance to make sure they are consistent with the overall TECOM policies and seek guidance on the interpretation of other non-finance related policies as required.

Continuous Improvement

• Introduce best practices to the finance processes and policies based on research and industry best practices.

About you:

The ideal candidate will have the below qualifications and experience:

• Bachelor’s degree in finance / accounting or any related field.
• CA, ACCA, CPA, CMA or equivalent professional qualification in Accounting preferred.
• Minimum 7 years of total experience of which at least 2 years in the middle east.
• Excellent knowledge of reporting as per IFRS.
• Excellent Knowledge and understanding of internal controls and business processes.
• Excellent analytical skills that allow for interpretation of financial and related management information.
• Excellent writing skills sufficient to draft professional reports and correspondence that is clear and concise.
• Ability to work a flexible schedule during key business deadlines.
• Working knowledge of ERP systems (Oracle / Yardi).
• Must be proficient in Microsoft Office (specifically MS Excel).

About Benefits:

At Dubai Holding, we're committed to nurturing the success and well-being of our colleagues. Join our dynamic and diverse team, and enjoy a comprehensive benefits package that includes competitive compensation, career development opportunities, and a collaborative work environment. We strongly believe in creating an empowered Internal workforce that will help us build a connected city for tomorrow. We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai.