Assistant Manager Financial Reporting

Dubai, United Arab Emirates

Job Description

Job summaryThe Assistant Manager Financial Reporting will be responsible for supporting the finance department in various financial reporting activities. This role will require a strong understanding of financial principles, attention to detail, and the ability to work collaboratively with cross-functional teams.Main responsibilities1. Financial Reporting\xc2\xb7 Prepare accurate and timely financial statements in compliance with regulatory standards.\xc2\xb7 Analyze financial data to identify trends, variances, and potential risks.\xc2\xb7 Coordinate with internal stakeholders to gather necessary information for financial reports.\xc2\xb7 Ensure adherence to internal controls and policies in financial reporting processes.2. Budgeting and Forecasting Support\xc2\xb7 Assist in the development of annual budgets and financial forecasts.\xc2\xb7 Provide financial data and analysis to support budgeting decisions.\xc2\xb7 Monitor budget variances and provide explanations to management.\xc2\xb7 Collaborate with departments to ensure alignment of budgeting goals with overall financial objectives.3. Compliance and Audit Management\xc2\xb7 Ensure compliance with accounting standards, regulations, and internal policies.\xc2\xb7 Assist in the coordination of internal and external audits, providing necessary documentation and explanations.\xc2\xb7 Implement controls to mitigate financial risks and ensure data integrity.\xc2\xb7 Address audit findings and implement corrective actions as needed4. Financial Analysis and Insights\xc2\xb7 Conduct detailed financial analysis to support strategic decision-making.\xc2\xb7 Prepare ad-hoc financial reports and presentations for senior management.\xc2\xb7 Identify opportunities for cost savings, revenue enhancement, and process improvements.\xc2\xb7 Provide financial insights and recommendations based on analysis of key performance indicators.5. Process Improvement and Efficiency\xc2\xb7 Identify inefficiencies in financial reporting processes and propose solutions for improvement.\xc2\xb7 Implement best practices to streamline financial reporting procedures and enhance accuracy.\xc2\xb7 Automate repetitive tasks to increase efficiency and reduce manual errors.\xc2\xb7 Continuously monitor and evaluate the effectiveness of financial reporting processes.6. Stakeholder Communication and Relationship Management\xc2\xb7 Communicate financial information effectively to internal stakeholders, including department heads and senior management.\xc2\xb7 Collaborate with cross-functional teams to gather and analyze financial data.\xc2\xb7 Build and maintain relationships with external auditors, regulators, and other relevant parties.\xc2\xb7 Address inquiries and provide financial insights to support decision-makingRequired qualifications\xc2\xb7 Bachelor\'s degree finance, accounting\xc2\xb7 The candidate should have a strong academic background with a focus on financial reporting & Audit.\xc2\xb7 Professional certifications such as CA or ACCA\xc2\xb7 Preferred qualifications; A master\'s degree in business administration (MBA) with a concentration in finance or a similar discipline is highly preferred.\xc2\xb7 Additional certifications such as CFA or CPA.\xc2\xb7 Required experience; A minimum of 5+ years of experience in financial reporting or accounting, preferably with an audit background\xc2\xb7 Experience in a public accounting firm with exposure to diverse clients, audit processes, and financial reporting standards in a public accounting setting.\xc2\xb7 Prior experience with statutory reporting for a publicly listed company is a plus

NADIA Global

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Job Detail

  • Job Id
    JD1688100
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned