Finance Manager

UAE National Orchestra; Abu Dhabi; On-site; AED 200,000 - 250,000; Full time

Job summary

A cultural organization in Abu Dhabi is seeking a Finance Manager to oversee financial reporting and compliance, ensure accurate budget management, and lead a small accounting team. The ideal candidate will possess a robust understanding of IFRS and experience in cash flow management and financial analysis to support organizational goals. This role involves developing internal controls, mentoring staff, and contributing to financial planning initiatives within the team-oriented environment.

Qualifications

• Robust understanding of financial reporting and compliance with IFRS.
• Experience in budgeting and financial forecasting.
• Ability to lead and develop an accounting team.

Responsibilities

• Oversee financial reporting and regulatory compliance.
• Manage general ledger and month-end close activities.
• Assist in budgeting and forecasting for the organization.
• Lead accounts payable and receivable processes.
• Ensure effective cash flow management and financial stability.
• Develop internal controls for accurate financial reporting.
• Mentor and develop accounting staff for continuous improvement.
• Provide financial analysis for strategic initiatives.

Skills

Financial Reporting

Budgeting

Team Leadership

Cash Flow Management

Regulatory Compliance

Job description

The Finance Manager at UAENO is responsible for overseeing all accounting activities, ensuring financial accuracy, compliance with regulatory standards, and supporting strategic financial planning. This role demands meticulous attention to detail, a robust understanding of financial reporting, and the ability to lead a small accounting team effectively. The Finance Manager will play a pivotal role in maintaining the financial integrity of UAENO and supporting the Operations Director in achieving organizational goals.

Financial Reporting and Compliance

• Prepare accurate and timely financial statements, including balance sheets, profit and loss statements, and cash flow statements.
• Ensure compliance with IFRS, UAE financial regulations, and internal financial policies.
• Oversee the preparation and submission of all statutory and regulatory reports.
• Assist in annual audits, liaising with external auditors and ensuring audit compliance.

General Ledger and Month-End Close

• Manage and control the general ledger, ensuring accuracy and completeness.
• Perform month-end and year-end closing activities, including reconciliations and journal entries.
• Ensure all financial transactions are recorded accurately and consistently in alignment with established processes and procedures.

Budgeting and Forecasting

• Assist the Operations Director in developing the annual budget, coordinating inputs from various departments.
• Prepare monthly budget vs. actual reports, highlighting variances and providing analysis to support management decision-making.
• Contribute to financial forecasting and support long‑term financial planning initiatives.

Accounts Payable and Receivable

• Oversee accounts payable and receivable processes to ensure timely payments and collections.
• Monitor receivables aging and collaborate with departments to expedite collections.
• Review and approve vendor invoices, employee expense reports, and other disbursements.

Cash Flow Management

• Monitor cash flow and prepare regular cash flow forecasts to support UAENO’s financial stability.
• Manage cash disbursements, ensuring alignment with budgetary and organizational priorities.
• Implement cash management techniques to optimize liquidity and minimize financial risk.

Internal Controls and Process Improvement

• Develop and implement internal control policies and procedures to safeguard assets and ensure accuracy in financial reporting.
• Conduct periodic reviews of accounting processes, identifying opportunities for improvement and ensuring best practices.
• Collaborate with IT and other departments to automate processes, where feasible, and enhance accounting systems efficiency.

Team Leadership and Development

• Lead, mentor, and develop a team of accounting staff, fostering a culture of accuracy, integrity, and continuous improvement.
• Set objectives, monitor team performance, and conduct regular performance evaluations.
• Provide ongoing training and support to enhance team skills and competencies.

Financial Analysis and Decision Support

• Provide detailed financial analysis to support the Operations Director and other leadership in strategic initiatives.
• Assist with project cost tracking, grant accounting, and special financial projects as needed.
• Prepare ad hoc reports and financial presentations to facilitate informed decision-making.

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.