Job closed
Ref: HP678-01
Job description / Role
Company Overview
Mubadala is an investment and development company supporting the diversification of the Abu Dhabi economy through active global operations and capital deployment in multiple sectors. Wholly owned by the Government of Abu Dhabi, Mubadala was created in 2002 to generate sustainable financial returns for its shareholder and deliver socioeconomic benefits to the emirate. It has a portfolio valued at AED 246.4 billion (US 67.1 billion), and assets in more than 20 countries.
The company works in partnership with world-class organizations to build integrated global businesses and establish investment platforms, strengthening Abu Dhabi's competitive position in sectors such as aerospace, semiconductors, metals & mining, oil & gas, renewables, information & communications technology, healthcare, real estate & infrastructure, utilities, and defense services.
About Group Finance
Finance supports the Mubadala group by creating and maintaining centers of functional excellence and high quality output in the field of Business planning, statutory reporting, internal financial reporting standards, financial controllership, business valuations, financial governance and more.
We provide high quality financial resource to support the Platform Finance teams in partnering with their Platforms/Units and Assets. We drive a culture across the group wide Finance function(s) of continuous improvement and striving towards the highest possible standards
Key Responsibilities
Financial control & Reporting:
- Hyperion reporting of investees, review of financial information, mapping, actual vs. budget forecast
- Interpret the investee's financial results to management and recommend improvement activities
- Excellent SmartView and Excel skills
- Public investments reconciliation, purchase / sale accounting
- Maintain and document accounting position papers, policies and procedures for individual investment.
- Supervise and manage the financial year-end audits. Liaise with auditors on audit planning and resolve audit issues in timely manner
- Maintain close working relationship with deal and asset management team internally and external service providers such as accountants, auditors, tax and legal professionals for any finance related process and matters
- Drive efficiencies across the finance infrastructure, recommend policies and processes on areas that require improvement
- Engage in ongoing OPEX reduction analyses in all areas of the unit
- Create additional analyses and reports as requested by management
Budgeting:
- Manage the preparation of the units 5 year budget
- Coordinate with internal and external stakeholders
- Review financial models, understand performance drivers, be able to present budget to the unit management
- Prepare internal financial models for debt instruments, dividends, OPEX
- Knowledge in Hyperion Financial Management to manage budget
- Sound Power point skills - preparation of budget slides, analytical information
Valuations:
- Understanding of different valuation methodologies - DDM, DCF, multiples, etc.
- Prepare and review financial models
- Maintain information in PARS
New Deals Execution:
- Review IC documentation, legal documents and investment structure
- Financial modelling skills, understand investment thesis, return drivers, review financial model
- Create Hyperion and reporting structure for new investment, assist investees with Trial Balance mapping
- Establish relationship with external stakeholders and establish regularly reporting discipline
- Document investment transaction and perform accounting analysis
Requirements
Qualifications
Knowledge, skills and experience
- Bachelor's degree in finance or accounting, or equivalent; ACCA / CPA / ACA
- 5 to 7 years of experience (Preferably from a Big 4 audit firm)
- IFRS expert
- Knowledge in management reporting, budgeting and valuation
- Knowledge of Stat reporting, journal entry, notes preparation
- Great team player, high ethical values, committed and cooperative
About the Company
Our formation and identity as a company are inextricably linked to the vision of the late Sheikh Zayed bin Sultan Al Nahyan – who imagined a prosperous future for his people, and then brought them together as a nation to achieve it.
Mubadala is a pioneering global investor, deploying capital with integrity and ingenuity to accelerate economic growth for the long-term benefit of Abu Dhabi. As Abu Dhabi’s leading strategic investment company, Mubadala is active in 13 sectors and more than 30 countries around the world, creating lasting value for our shareholder, the Government of Abu Dhabi.
Our work includes the development of global industrial champions in sectors such as aerospace, ICT, semiconductors, metals & mining, renewable energy and utilities, and the management of diverse financial holdings. We build on legacy expertise in oil and gas to invest across the hydrocarbon spectrum, and enhance the UAE’s growth potential through investments in healthcare, real estate and defense services. Our investment approach prioritizes partnership with best-in-class organizations and a commitment to the highest standards of governance.