Job ID: 238463

Executive Director, CFO

UAE University

  • Jul. 2, 2024
 
  • Executive Director, CFO
  • UAE University
  • https://jobs.uaeu.ac.ae/
  • UAE University
    Al-Ain, Abu Dhabi
    United Arab Emirates
 
  • Jul. 29, 2024
  • Available immediately
  •  
 
  • Director/Manager
  • Financial Planning/Budget Management
 
 
Job Description
  • The Chief Financial Officer and his/her teams will be responsible for financial planning; budget development, budget analysis and execution; testing, refinement and implementation of allocation methodologies; maintenance of complex, integrated accounting systems; accounts payable; payroll; accounts receivable; cashier functions; banking; internal controls; procurement; costing analysis and, financial reporting
  • The CFO contributes to the development of University-wide strategic planning and directs the formulation and execution of the University’s financial plans and operations in a manner consistent with the University’s strategic plans.
  • Participating in developing action plans and major programs for the department and supervising their implementation after their approval.
  • Coordinating, supervising and organizing work between Financial Affairs’ sections and the department as a whole.
  • Proposing the suitable financial policies and procedures
  • Issuing the necessary internal instructions that include the proper conduct of work within the department.
  • Serving as a chair or a member in committees and taskforces formed by decisions of the Vice-Chancellor or the Secretary-General. Detailed Duties
  • Oversee the integration of all financial functions, including: reporting, cash management, diversifying revenues, collections, cash flows, and research funding.
  • Establish appropriate metrics to measure and motivate business unit performance. This person will be the implementer and driver of change.
  • Develop, evaluate, and communicate short- and long-term fiscal strategies that align with the Strategic Plan. Such strategies will incorporate the use of budget and data analyses, financial planning, resource assessment, financial modeling, and forecasts.
  • Directs the formulation and execution of the University’s financial plans and operations in a manner consistent with the University’s strategic plans.
  • Advise the Vice-Chancellor and the Secretary-General on the allocation and administration of the University budget, while proactively positioning the University to best navigate a dynamic financial landscape.
  • Provide financial oversight and direction to the core service functions of the Sections: Budget and Financial Analysis, Financial Operations, and Management Accounting & Reporting.
  • Represent the University in external negotiations and discussions with various Federal Government agencies and external organizations on finance-related matters.
  • Manage relationships with College and Department finance officers.
  • Provide leadership on to financial reporting and analysis and ensure that all fiscal-related policies and procedures are in compliance with all regulatory requirements and optimize the University’s performance
  • Perform fiscal analyses for legislative and campus-wide initiatives.
  • Analyze the University’s revenue streams, financial ratios, and proposals for capital projects and develop alternative strategies, as appropriate
  • Serve as the focal point for the development of the overall university finance function. Assess the current capabilities within the organization and identify which resources must be strengthened.
  • Ensuring timely and accurate completion of the university’s financial statements and coordination of the external audit.
  • Supervising employees in developing annual budgets that support operational plans and submitting budgets for approval.
  • Making appropriate decisions related to the department in coordination with the relevant university administration.
Minimum Qualification

A Bachelor’s degree in accounting, finance or other business discipline is required, and certification as a (CPA/CA).

Preferred Qualification

Masters degree in an appropriate field from an accredited institution and certification as a (CPA/CA).

Expected Skills

Rank/Experience/Skill Set

  • Fifteen years of significant fiscal management responsibility with direct responsibility in areas of fiscal analysis, forecasting, accounting, and financial reporting.
  • At least five years in senior level positions.

Leadership Competences

  • Strategic thinking
  • Empowering employees and developing their capabilities
  • Leading change

Core Competences

  • Accountability
  • Effective resource management
  • Focus on customer service and results
  • Communication and interpersonal skills
  • Teamwork

Specialized Competences

  • Knowledge of IPSAS accounting standards and relevant legislation
  • Knowledge of the principles of setting and preparing budgets
  • Knowledge of advanced management approaches and methods
  • Knowledge of performance evaluation approaches and methods
  • Knowledge of the principles, concepts and theories related to financial systems
  • Advanced verbal and written communication skills and experience in board presentations in English and preferably in Arabic.
  • Knowledge of performance management and organizational development
  • Knowledge of the department’s work procedures and the work of the university as a whole.
Special Instructions to Applicant

Please submit your CV and covering letter explaining how you meet the job requirements


 
Please reference AcademicKeys.com in your cover letter when
applying for or inquiring about this job announcement.
 

Contact Information

 

  • UAE University
    Al-Ain, Abu Dhabi
    United Arab Emirates
  •  


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