Manage the entire Finance Function of DP World Foundation on its day-to-day operations up to Finalisation of its Financial Accounts & Reporting in order to achieve the organisation's financial objectives.
Be Responsible for all financial and fiscal management aspects of organisation operations.
Participate & coordination in the administrative, business planning, accounting and budgeting efforts of the company.
Effective Management of Cash & Treasury Operations.
Effective & efficient use of financial resources and the safeguarding of assets belong to company.
Ensure reconciliation of accounts periodically as agreed/scheduled
Key AccountabilitiesBudgeting
Review and recommend to management budget models, budgeting policies and procedures
Manage annual budget preparation; critically review the budget, revenue and expenses, and give feedback to management
Consolidate and prepare the budget of various sections for review of Department Head and approval of Board of Directors/Director General
Controlling the budgets post approval from management
Management and Financial Reporting (Including Audit)
Analyse financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget.
Examining and evaluating the cost-efficiency of DP World Foundation, in light of utilisation of what percentage of the company's financial resources.
Preparing internal reports for management to support decision making
Report the results, monthly or other periodic basis, to Head of Finance highlighting the financial performance and reason for variance from budget / targets
Managing financial reporting and handling annual external audit of DP World Foundation
Ensure that reporting is in compliance with IFRS and IASs
Management of VAT compliance and Reporting which includes quarterly return submission and payment well within due date.
Managing banking relationships and Bank reconciliation
Assist Head of Department in designing governance framework through policy and procedure for managing receivables and payables.
Manage and monitor receivables and payables and reconciliation in line with schedule.
Monitor the implementation and maintenance of accounting control procedures
Responsible to properly maintain financial record keeping system, ensure/perform full cycle of financial accounting. Validate all accounting transactions (Revenue and Expenses) are performed correctly in time, validate that all transactions are accurately entered in the accounting system in accordance with accounting standards and regulations.
Review of the Trial Balances and ensure the integrity of GL balances which includes the analysis of accounts, analyzing financial discrepancies and recommending effective resolution, review the closing reports and sign-off.
Ensure that adequate fixed assets records are maintained, identifying the location and the user of each asset, review of Fixed Assets closing reports and sign-off.
Reduce Department's Risks by ensuring closing of all audit findings from different entities such as IAD, FAD, ISR, ISO and other certificates, etc. in line with the agreed deadlines.
People Responsibilities
Evaluate and discuss job performance to identify issues and to work on resolving problems
Provide formal and informal evaluations/feedback, addressing employee issues when required
Assess training needs for the team and ensure that the team is fully capable to meet the job requirements
Information Security Responsibility
To understand and adhere to the information security policies and procedures related to their day-to-day activities and safeguard information assets from unauthorised access (disclosure, modification and destruction).
General Responsibilities
Adhere to company policy and procedures.
Compliance with HR Policy and procedures.
Qualifications, Experience and Skills
Bachelor's Degree in Accounting, Finance, Economics or relevant field
Membership in any one of the Professional Accounting bodies, CPA, CA, CIMA, ACCA but not mandatory
Preferred: Master's Degree preferable specialised in accounting, finance or relevant field
Hands-on experience with accounting software and statistical packages
Comprehensive Knowledge of IFRS/IAS accounting procedures
Ability to analyse financial data and prepare financial reports, statements and projections
Knowledge of federal and state financial regulations
Ability to formulate broad strategies on multi-dimensional strategic issues
Excellent interpersonal skills and ability to work in collaborative environment
About Us:Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world's trade flow better, changing what's possible for the customers and communities we serve globally.With a dedicated, diverse and professional team of more than 108,100 employees from 161 nationalities, spanning 74 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that's fit for the future.We're rapidly transforming and integrating our businesses -- Ports and Terminals, Marine Services, Logistics and Technology - and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.What's more, we're reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we're at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimizing disruptions from the factory floor to the customer's door.DP World is on a mission to transcend boundaries and bridge the gap between all nations and cultures - not just in what we do but also in how we behave.We are dedicated to creating a culture where everyone feels respected, supported, and empowered to reach their full potential. We believe that embracing inclusion and diversity drive innovation and growth and helps us connect people, businesses and societies. Free minds and different perspectives are changing our world, and together we can change what's possible.WE MAKE TRADE FLOWTO CHANGE WHAT's POSSIBLE FOR EVERYONE.