Financial Controller

Recruiter
Potential Recruitment
Location
Abu Dhabi, United Arab Emirates
Salary
Competitive
Posted
18 Apr 2019
Closes
11 Jun 2019
Ref
3905017
As a Financial Controller you’ll work directly with the CFO, heading up the day to
day financial activities including; preparation of month end accounts, bank and
balance sheet reconciliations, accruals and advance payments, audits and year end
statutory accounts.

Basic Function: The controller position is accountable for the general accounting
operations of the University. Duties include:
1. Monthly, quarterly, and annual financial reports (statutory format) in
conjunction with the Management Accounting and Reporting Section,
2. Maintenance of an adequate system of accounting records
3. Enhance the accuracy of the company's reported financial results, and
4. Ensure that reported results comply with international financial reporting
standards (IPSAS Accrual Standards, UAE Government Accounting Standards,
or as required) and Modified Cash Basis (UAE Ministry of Finance).

Principal Accountabilities:
Management
1. Maintain/Revision of the documented system of accounting policies and
procedures (guides financial decisions by reviewing and enforcing policies and
procedures)
2. Oversee the accounting operations of subsidiary activities, especially their
control systems, transaction-processing operations, and policies and procedures.
3. Protects assets by reviewing and enforcing internal controls.
Transactions
1. Ensure that accounts payable are paid in a timely manner
2. Ensure that all reasonable discounts are taken on accounts payable
3. Ensure that accounts receivable are collected promptly
4. Process payroll in a timely manner
5. Ensure that monthly bank reconciliations are completed
6. Ensure that required debt payments are made on a timely basis
7. Monitor/Maintain the chart of accounts
8. Monitor/Maintain an orderly accounting filing system
9. Maintain a system of controls over accounting transactions
10. VAT Tax filing and reconciliation (in conjunction with the CFO and Section
Head)