Associate Finance Manager

ACWA Power; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading power company in the UAE is looking for a financial professional to focus on core finance operations. The ideal candidate will have a solid accounting background, with 5-7 years of experience in financial reporting and GL control. This role is primarily focused on the local Emirati talent pool and requires fluency in English and Arabic. Responsibilities include collaborating with various departments, managing accounts payable, and performing reconciliations while ensuring financial accuracy.

Qualifications

• 5-7 years of experience in accounting, financial reporting, or GL control.
• Strong knowledge of GAAP/IFRS and audit processes.
• Fluent in English and Arabic.

Responsibilities

• Collaborate with business leaders and other departments for month-end closing.
• Perform trial balance reviews and ensure action items are tracked.
• Manage accounts payable and coordinate with UAE plants.

Skills

Analytical skills

Problem-solving abilities

Excellent attention to detail

Organizational skills

Communication skills

Collaborative mindset

Understanding financial models

Education

Bachelor’s or master’s degree in accounting, Finance, or related field

Tools

ERP systems (SAP)

Excel

Job description

About the Role:

This role focuses on the core finance functions & operations within Nomac/ACWA Power. The ideal candidate will bring a strong accounting background. ERP system like SAP and power segment experience is an added advantage. The position plays a key role in ensuring financial accuracy, finance operation, and GL control. The role is based in Dubai, UAE and is focusing primarily on local Emirati talent pool.

Functional Responsibilities:

• Collaborate closely with business leaders, project companies, TPO (Transaction processing Outsourcing team) and other departments for a timely period and month-end closing activities
• Perform trial balance (TB) reviews, ensuring all action items are tracked and resolved including, monthly accruals schedule Prepayments, Advance payments and clearing accounts GLs.
• Intercompany transactions reconciliation, Customer reconciliation and Supplier reconciliations on weekly basis.
• Reviewing Income tax and VAT calculation.
• Coordinate with project companies and review of monthly customer invoices
• Review of weekly bank reconciliations.
• Bank payments initiation in the online banking portal.
• Liaison with banks on banking transactions.
• Liaison with external and internal auditors and providing required schedules and supporting documents to conclude audits on timely basis.
• Involvement in annual budget preparation with plant teams, project companies and other dividend.
• Preparation of monthly management reports, fully year forecast and discussion with business leaders and project companies
• Accounts payable management including communication with UAE plants teams for SES and GRN for GRIR clearance and invoice booking coordination with Transaction Process Outsource (TPO) team.
• Coordinate with supply chain team and suppliers on the supplier outstandings.

Qualifications, Experience & Knowledge:

• Bachelor’s or master’s degrees in accounting, Finance, or a related field.
• Minimum 5-7 years of experience in accounting, financial reporting, or GL control.
• Strong knowledge of GAAP/IFRS, revenue recognition standards, and audit processes.
• Experience with ERP systems (SAP) is highly desirable.
• Proficiency in Excel and other financial analysis tools.
• Candidates must be fluent in English and Arabic with primarily focus on local Emirati Talent.

Skills:

• Strong analytical and problem-solving abilities.
• Excellent attention to detail and organizational skills.
• Ability to manage multiple priorities and meet tight deadlines.
• Excellent communication skills—both written and verbal.
• Team-oriented mindset with the ability to collaborate across departments.
• Ability to understand financial models
• High degree of rigor and attention for details
• Able to work in multicultural environments and multidisciplinary team