Finance Business Partner JOB

Department of Culture and Tourism �? Abu Dhabi (DCT Abu Dhabi); Abu Dhabi; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Finance Business Partner to provide strategic financial advice and support. In this role, you'll implement financial controls, prepare comprehensive financial reports, and manage liquidity to ensure the organization’s financial health. Your expertise will guide critical business decisions, aligning with the company's long-term goals. This position offers a unique opportunity to influence financial strategies while working closely with executive management and external auditors. If you're passionate about finance and ready to make a significant impact, this role is perfect for you.

Qualifications

• Bachelor's degree in finance or accounting required.
• Professional accreditations like CA, ACCA, or CPA preferred.

Responsibilities

• Implement financial controls and ensure compliance with accounting standards.
• Prepare and analyze financial reports including income statements and balance sheets.
• Manage liquidity and provide recommendations for cash flow.

Skills

Full professional proficiency in English

MS Office (PowerPoint, Word, Excel)

Attention to detail

Self-motivated

Expertise in rebate schemes

Experience in business planning

Experience with finance and policy program management

Education

Bachelor's Degree in Finance/Accounting

Professional Accreditations (CA, ACCA, CPA)

Job description

Job Title: Finance Business Partners

Sector: Support Services

Department: Finance

Section: Financial Operations

Direct Manager: Unit Head Finance Business Partners

Role purpose:

Provide strategic advice to DCT's management on all financial matters and provide timely recommendations following leading practices and sound financial information. Participate in influencing business decisions to ensure that immediate and long-term implications, opportunities, and risks are fully considered, aligning with DCT's business plans.

Key responsibilities:

Financial Control

• Implement efficient management of DCT financials for the allocated sector/department through necessary financial controls, systems, and processes.
• Maintain a robust control and governance environment in line with regulatory requirements and DCT internal policies, ensuring statutory compliance of all systems, processes, and accounting practices.
• Administer approved accounting practices to ensure financial statements and reports accurately reflect the relevant accounts and provide reliable information.

Financial Reporting

• Prepare and analyze all financial reports for the allocated sector/department, including income statements, balance sheets, and cash flow statements in accordance with financial accounting standards.
• Coordinate with payroll, purchase, accounts receivable, payable, ledgers, and reporting systems to ensure compliance with accounting standards and regulatory requirements.
• Ensure all accounting treatments comply with International Financial Reporting Standards and International Accounting Standards, and timely preparation of financial statements as per statutory regulations.

Liquidity Management

• Implement tools and systems to support critical financial decisions and provide actionable recommendations on strategy and operations to ensure healthy cash flow.
• Participate in ensuring timely processing and meeting of investment funding requirements.

Shared Activities

• Perform other duties related to the role as requested by the direct manager.
• Follow departmental policies, processes, SOPs, and instructions to ensure controlled and consistent work.
• Demonstrate compliance with organizational values and ethics to foster a value-driven culture.
• Identify opportunities for continuous improvement and sustainability of systems, processes, and practices, considering global standards, productivity, and cost reduction.

Communication and Business Relationships

Internal: Executive Management, Senior & Middle Management

External: Regulators, External Auditors & Consultants

Qualifications

• Bachelor's Degree in Finance/Accounting or equivalent
• Professional Accreditations: CA, ACCA, or CPA preferred

Experience

• At least 3 to 5 years of experience in sourcing, procurement, or a similar role

Skills

• Full professional proficiency in English (speaking and writing)
• Arabic bilingual desirable but not mandatory
• Skilled in MS Office (PowerPoint, Word, Excel)
• Attention to detail and administrative skills
• Self-motivated with ability to complete work timely
• Expertise in rebate schemes, preferably familiar with UAE best practices
• Experience in business planning
• Extensive experience with finance and policy program management