Finance Specialist (Financial Operations) - *Emiratis ONLY*

GIG Gulf; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading regional insurance provider in Dubai seeks a Finance Specialist to join the finance operations team. The role requires a UAE National with an academic background in Accounting or Auditing, and involves day-to-day finance operations, regulatory compliance, and financial reporting. Strong analytical and communication skills are essential for success in this role. The opportunity presents a chance to contribute to a dynamic team that supports operational excellence.

Qualifications

• UAE National with family book.
• Prior experience in Finance operations / financial control.
• Self-starter, result-oriented, analytical and solution oriented.

Responsibilities

• Perform finance operations including receipting, refund processing, banking, and payments.
• Support UAE Accounts manager with auditors and regulatory engagements.
• Prepare management reports and financial dashboards.

Skills

Team player

Analytical skills

Communication skills

Inter-personal skills

Time management

Education

Academic background in Accounting / Auditing

Tools

Finance systems

Spreadsheets

Job description

Who we are

GIG Gulf is part of the Gulf Insurance Group (GIG), the #1 regional composite insurer in MENA, with a presence in 12 markets including the United Arab Emirates, Bahrain, Oman, Qatar, Saudi Arabia, Algeria, Egypt, Iraq, Jordan, Kuwait, Lebanon, and Turkey. GIG Group reported consolidated assets of US$4.01 billion and a net profit of US$84 million for the year 2024.

The majority shareholder of GIG Group is Fairfax Financial Holdings, a global leader in insurance and reinsurance, with a presence in 40 markets. Listed on the Toronto Stock Exchange and part of the Fortune 500, Fairfax was founded in 1985 and has always had a strong focus on long-term growth and financial resilience. It follows a decentralized model, empowering local leadership teams—many of whom have over 20 years of tenure—with trust and accountability. Fairfax’s culture, rooted in its guiding principles, is reflected across all of its subsidiaries.

GIG Gulf is an ‘A’-rated regional insurer with a top 5 position in each of its core markets: the UAE, Oman, Qatar, and Bahrain. With over 70 years of regional presence, GIG Gulf combines a strategic focus on growth and investment with a comprehensive portfolio of insurance products and services tailored to corporates, SMEs, and individual customers. It also holds a 50% stake in GIG Saudi. The company’s strategic priorities are centered around regional growth, customer experience, and digital transformation.

GIG Gulf fosters a diverse and inclusive culture, employing over 800 people from 60+ nationalities, across 15 branches and retail outlets throughout the region. Serving over 1 million customers, GIG Gulf positions itself as a caring partner—committed to helping customers achieve their goals and lead fulfilling lives. Passionate about customer feedback, the company is constantly evolving to become the region’s digital insurer of reference, operating in a responsible and sustainable way.

Job purpose:

To work as part of the UAE finance operations team and primarily responsible for day-to-day operational activities, Responsible for performing the assigned finance operations, accounting, control and reporting activities. To ensure these are done within the defined timelines with a high degree of accuracy and a high standard of quality. To support the UAE- Accounts Manager in any other tasks including auditor engagement, regulatory engagement, system roll out, UAT testing and industry engagement.

Financial Accounting, operational & control responsibilities

• Perform finance operations including receipting, refund processing, banking and payments operations.
• Perform control, reconciliation and reporting activities assigned
• Ensure adherence to timelines and high degree of accuracy and high standard of quality in the work
• Responsible for ensuring the operating effectiveness of controls within the process
• To suggest improvements to the existing process and operations in terms of better controls and efficiency based upon the understanding gained while performing the role.
• Maintain and update process documentation in relation to the assigned processes, activities, controls and reporting.
• Support the UAE Accounts manager to engage with external audit for providing the required details and supporting information to the auditors
• Support the Accounts manager to engage with internal audit and risk requirements in relation to the branch activities
• Support the Accounts manager in inter-departmental co-ordination including business verticals, Credit control, Legal Compliance, HR and any other functions with respect to the support requirements.
• Participate in various finance and business projects and ensure smooth and effective implementation and post implementation process as and when required.

Regulatory Compliance, Governance & Reporting

• Support in complying with financial reporting and solvency requirements as per the applicable insurance regulators.
• Support Perform ad-hoc reporting, including surveys required by regulatory authorities.
• Maintaining compliance with the UAE regulatory requirements related to Finance in coordination Accounts manager and Manger Finance.
• Maintaining good business relationship with all key stakeholders from UAE operations standpoint.

Finance Business Partnering

• Act as a Finance business partner to the operations team, claims and retail team providing financial insights to support decision-making and operational improvements.
• Collaborate within the team with Finance Managers in branch operations on operational topics like inter branch and intercompany reconciliation.
• Ensure support for all control function requirements of internal audit, risk management, IT Security and compliance.
• Prepare management reports and financial dashboards providing insights to SFM and HFC on refunds, payment processing and other operational activities.

Minimum requirements of role

Essential:

• UAE National with family book
• Academic background in Accounting / Auditing
• Prior experience in Finance operations / financial control
• Exposure to finance systems and strong on spreadsheet skills
• Self-starter, result-oriented, analytical and solution oriented
• Well-planned and organized with ability to multi-task
• Stress and time management skills in order to comply with deadlines
• Strong on inter-personal and communication skills
• High degree of customer orientation
• Team player

Desirable:

Insurance industry exposure

Internal control or internal audit background.

To apply, please drop us an email with your updated resume, mentioning in the subject line of your email the “Finance Specialist”.

[e-mail]