Director of Finance Department

University of Sharjah; Sharjah; On-site; AED 300,000 - 500,000; Full time

Job summary

The University of Sharjah is seeking a Director of Finance to strategically lead the finance operations, establishing policies, managing resources, and ensuring financial stability. The role requires excellent financial acumen, strong leadership experience in higher education, and the ability to communicate effectively in both Arabic and English.

Qualifications

• More than 15 years of UAE experience in a leadership position, preferably in higher education institutions.
• Ability to prepare professional documents in both Arabic and English.
• In-depth knowledge of corporate finance and accounting principles.

Responsibilities

• Establish policies, objectives, and procedures for the Finance Department.
• Ensure accuracy of financial statements and support decision-making.
• Authorize financial transactions within defined limits.

Skills

Excellent oral and written communication skills

Financial analysis

Forecasting

Discretion with confidential information

Education

Bachelor's degree in Finance, Business Administration, MIS or a relevant discipline

Qualified member of an accountancy body (e.g. CIMA, ACCA, ICAS)

Master's degree in a relevant discipline

Tools

MS Office

Accounting/financial management software (e.g. SAP)

Job description

As a Director of Finance Department we are expected to provide strategic and operational direction in developing the Finance Department s policies and procedures, as well as monitor and control financial aspects of the University of Sharjah by providing recommendations on financials to ensure that assets and financial resources are managed and that the University is financially stable.

Key Duties & Responsibilities

• Establish or recommend financial policies, objectives and procedures and supervises their development and implementation.
• Implement and maintains practical and effective budgetary, accounting, cash and working capital management, cost, capital expenditure evaluation and other operating controls to safeguard the University's assets and resources
• Ensure the timeliness and accuracy of relevant financial statements, accounts, reports and analysis to support the daily business decision-making process
• Authorize payments, deposits and transfers within defined authority limits ensuring that the authority matrix is followed
• Review management accounts and ensures that they represent the actual financial position of the University and that they are in compliance with the University's relevant policies and procedures, by-laws, statutory requirements and International Accounting Standards
• Facilitate communication between the Finance Department and other departments, to ensure that any correlated and linked job tasks are completed smoothly and in a timely fashion
• Arrange the financial audits of the University's accounts and supports the process by providing any required information to ensure the completion of the audit process on time and on budget

Job Requirements

• Excellent oral and written communication skills and the ability to prepare professional documents, in both Arabic and English.
• Excellent knowledge of financial analysis and forecasting.
• Proficient in the use of MS Office and accounting/financial management software (e.g. SAP).
• Ability to handle confidential information with discretion.
• In-depth knowledge of corporate finance and accounting principles, laws and best practices .
• Minimum of bachelor s degree in Finance, Business Administration, MIS or a relevant discipline.
• Qualified member of an accountancy body or holder of equivalent accreditation (e.g. CIMA, ACCA, ICAS, etc.).
• A master's degree in a relevant discipline is a plus.
• More than 15 Years of UAE experience in leadership position preferably in higher education institutions.

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