Our client, a government entity is looking for a Finance Manager to be based in Abu Dhabi.

Job Objective:

To manage and oversee the operations of the Projects Finance & Treasury Section and to provide expert advice on financial engineering and relevant Investment-related projects in order to ensure maximum return on investments and effective cash management. Also, to manage and oversee the operations of the Budgeting & Reporting Section and ensure the requisite Budgeting & Reporting policies, procedures, and standards are communicated and implemented ensuring timeliness and accuracy. To manage and oversee the preparation and analysis of the MIS reports in a timely manner. To provide an independent assessment of the financial models and valuation of projects.

Key Responsibilities / Duties:

• Manage and coordinate the Finance function and resources and ensure that the below functions are executed efficiently, accurately and in a timely manner.
• Delegate and monitor the Finance function, goals, objectives, and programs.
• Prepare reports on the overall performance of the Projects Finance function for the senior management.
• Review and evaluate the work of staff and outsourced services under his / her supervision and ensure that programs are of appropriate quality and that resources are used effectively and that it complies with the Departmental policies and procedures.
• Manage and coordinate the Budgeting & Reporting and ensure that the activity is executed efficiently, accurately and in a timely manner.
• Delegate and monitor the Budgeting & Reporting function, goals, objectives, and programs.
• Prepare reports on the overall performance of the Budgeting & Reporting function for the GM.
• Advise the GM on the progress of all work under his / her control.
• Conduct economic and financial evaluation of projects to aid decision-making.
• Support the establishment of new companies (as requested by Management) and implement the strategy for obtaining finance for these companies in conjunction with the project team.
• Assist the GM in structuring the financial engineering and projects acquisition finance which will contribute towards enhancing the returns to the organization.
• Ensure that the subsidiaries and the organization’s required hedging activities are tailored properly with minimum risks.
• Define, develop, and implement risk management policies and procedures for the effective management of the organization's financial risk.
• Prepare and present financial and treasury reports, analyses and data for top management for decision support.
• Manage the day-to-day Budgeting & Reporting activities of the Section and ensure that relevant Budgeting & Reporting policies, procedures, and standards are understood and implemented by staff.
• Manage the process of budget data consolidation and budget finalization to ensure all required information and data is attained from the Divisions on a timely basis to obtained endorsement from the GM, and Board of Directors.
• Supervise and review the preparation of budget-related reports for analysis, forecasting, trending, and result analysis to ensure accuracy and compliance.
• Monitor and review the actual expenditure of the organization versus budget and the analysis of variances; and investigate the same for reporting to the GM.
• Provide recommendations to the GM on ways to improve accountability in relation to all financial-related expenditure (capital and operating).
• Provide recommendations to the GM on improvements to internal controls and performance in operations and financial management to ensure compliance.
• Work proactively towards maintaining and improving the reporting framework of the organization and subsidiaries.
• Ensure that analysis of the financial statements is conducted to determine potential risks and mitigation measures.
• Support Divisions, and subsidiaries, with any ad hoc modeling, analysis and reporting such as, but not limited to, annual budgeting, forecasting, etc. during the year.
• Provide support to the GM in conducting an independent evaluation & due diligence for new acquisitions or new projects
• Provide reports on the performance of the investments to the GM.
• Play an integral role along with the Asset Management team in managing the subsidiaries.
• Provide support to the GM in structuring deals.
• Manage and coordinate the preparation of the MIS reports of the organization.
• Perform any other relevant tasks as directed by the GM.