Financial Controller

Intelligent Solutions HR; Ras Al Khaimah; On-site; AED 180,000 - 280,000; Full time

Job summary

Intelligent Solutions HR client in Dubai, a leading insurer, seeks a Financial Controller to lead the day-to-day Finance function, driving accurate reporting, controls, regulatory compliance, budgeting, and forecasting.

The role requires 8–12 years of finance experience, including 5+ years in a senior leadership position, with ACA/ACCA/CPA or equivalent and IFRS/IFRS 17 expertise. You will strengthen governance and oversee VAT/corporate tax compliance.

Qualifications

• Bachelor’s degree in accounting, finance or related field.
• Master’s degree in finance, business administration or related field preferred.
• Professional accounting qualification such as ACA, ACCA, CPA, CA or equivalent.

Responsibilities

• Oversee monthly, quarterly, and annual financial reporting with IFRS/IFRS 17.
• Coordinate board and regulator reporting and provide governance oversight.
• Lead ICFR framework, risk & control matrices, testing, and remediation.
• Drive budgeting, rolling forecasts, variance analysis, and insights.
• Oversee treasury, cash flow management, and banking relationships.
• Manage VAT and corporate tax compliance, including audits.
• Lead finance team development, policies, and continuous improvement.

Education

Bachelor’s Degree in Accounting/Finance or related

Master’s Degree in Finance/Business

ACA/ACCA/CPA/CA or equivalent

Tools

ERP systems

Microsoft Excel

Job description

We are hiring for our client, a leading organization in the insurance sector, seeking an accomplished Financial Controller to join their finance leadership team in Dubai. The role will be responsible for overseeing the day-to-day Finance function while ensuring strong financial reporting, controls, regulatory compliance, budgeting, forecasting, and financial operations.

This is a high-impact opportunity for a finance professional with strong insurance industry expertise who can strengthen financial governance, drive reporting excellence, support strategic decision-making, and lead continuous improvements across the Finance function.

Key Responsibilities:

Financial Reporting & Regulatory Compliance:

• Oversee monthly, quarterly, and annual financial reporting, ensuring accuracy and compliance with IFRS, IFRS 17, and applicable accounting standards.
• Ensure the integrity of financial statements, disclosures, general ledger, and chart of accounts.
• Coordinate the preparation of Board, management, shareholder, and regulatory reporting.
• Lead the preparation and submission of CBUAE regulatory returns and ensure compliance with applicable reporting requirements.

Financial Controls, Risk & Governance:

• Lead and manage the Internal Control over Financial Reporting (ICFR) framework, including risk and control matrices, control testing, and remediation of deficiencies.
• Monitor the effectiveness of financial controls and strengthen the overall financial control environment.
• Identify, assess, and monitor financial and operational risks impacting the Finance function.
• Ensure finance activities remain aligned with internal policies, regulatory requirements, and financial control standards.

Budgeting, Forecasting & Business Performance:

• Coordinate annual budgeting, rolling forecasts, financial projections, and variance analysis.
• Monitor actual financial performance against budget and provide meaningful management insights.
• Support business planning and strategic initiatives through robust financial analysis.
• Assist senior leadership in evaluating business opportunities and investment proposals.

Treasury, Audit & Tax:

• Oversee treasury operations, cash management, liquidity monitoring, and banking relationships.
• Oversee accounts payable, receivable, reconciliations, and financial transaction processes.
• Manage relationships with Internal Audit, External Auditors, regulatory authorities, and other key stakeholders.
• Oversee VAT and Corporate Tax compliance, including filings, tax governance, documentation, audits, and engagement with the Federal Tax Authority.

Finance Leadership & Continuous Improvement:

• Lead, develop, and mentor the Finance team while supporting succession planning and professional development.
• Review and enhance finance policies, procedures, systems, workflows, and controls.
• Identify opportunities for automation, efficiency, and cost optimisation across Finance operations.
• Drive continuous improvement and ensure finance processes remain aligned with business objectives.

Key Requirements:

Education & Professional Qualifications:

• Bachelor’s Degree in Accounting, Finance, or a related discipline.
• Master’s Degree in Finance, Business Administration, or a related field is preferred.
• Professional accounting qualification such as ACA, ACCA, CPA, CA, or equivalent.

Experience & Insurance Expertise:

• 8–12 years of relevant finance experience, including at least 5 years in a senior finance leadership position.
• Strong experience in insurance accounting, financial reporting, IFRS, and IFRS 17.
• Proven experience with CBUAE regulatory reporting and UAE insurance industry requirements.
• Experience with IFRS 17 implementation and reporting.
• Experience managing audits, regulatory reporting, and finance transformation initiatives.
• Big Four audit experience is preferred.

Technical & Financial Expertise:

• Strong knowledge of ICFR, risk and control assessment, budgeting, forecasting, financial modelling, treasury, and cash flow management.
• Strong understanding of UAE VAT and Corporate Tax compliance.
• Proficiency in financial systems, ERP platforms, and advanced Microsoft Excel.
• Strong understanding of financial governance, reporting controls, and regulatory requirements.

Leadership & Professional Skills:

• Strong leadership, strategic thinking, analytical, problem-solving, and commercial skills.
• Excellent stakeholder management, communication, influencing, and negotiation abilities.
• High level of integrity, professionalism, attention to detail, and accountability.
• Ability to manage multiple priorities and deliver high-quality outcomes in a fast-paced environment.