Principal Financial Officer

Dubai Municipality; Dubai; On-site; AED 180,000 - 300,000; Full time

Job summary

Dubai Municipality is seeking a seasoned financial professional to monitor deposits, withdrawals, and bank notifications, ensuring accurate crediting to municipal accounts. The role also oversees payments, cheque book controls, and liquidity to meet minimum thresholds, with strict attention to recording and safeguarding financial documents.

An educational background of Bachelor's Degree in Finance/Accounting and at least 6 years of relevant experience are required to support our administrative

Qualifications

• Bachelor's degree in Finance or Accounting.
• 6+ years of relevant experience.
• Experience with bank processes and liquidity management.

Responsibilities

• Monitor deposits, withdrawals, and bank notifications to ensure proper crediting.
• Oversee issuance of payments and manage cheque book stock with banks.
• Maintain financial documents and input data into the computerized system.
• Supervise liquidity to keep minimum thresholds and ensure compliance.

Skills

Bank reconciliation

Liquidity management

Cash handling

Data entry

Education

Bachelor's Degree in Finance - Administrative Sciences - Accounting

Job description

• Monitor deposits, withdrawals, and bank notifications related to the municipality’s bank accounts, ensuring that all deposits are properly credited to the municipality’s accounts. Monitor returned cheques, if any, and take the necessary actions to recover and collect such cheques.

• Oversee the issuance of financial payments due by the municipality in accordance with approved expenditure categories. Monitor all cheque books in use, ensure their proper safekeeping, verify the availability of the minimum required stock of cheque books for payment processing, and coordinate with approved banks to replenish supplies in line with established procedures.

• Monitor the municipality’s deposits and bank balances to ensure that liquidity levels do not fall below the minimum required threshold. Supervise bank guarantees issued in favor of the municipality to verify compliance with financial terms and procedures, and ensure proper accounting treatment for withdrawals, additions, or confiscations.

• Perform all tasks related to receiving, organizing, filing, and maintaining financial documents, records, and receipts, as well as other financial documentation. Ensure efficient retrieval when required and accurately enter all related data and information into the computerized information system.

• Educational Qualification: Bachelor's Degree

• Major: Finance - Administrative Sciences - Accounting

• Experience: 6 years or above