About AL TAIF
We are the leading provider of maintenance, repair and overhaul services, and comprehensive lifecycle support for land platforms, heavy utility vehicles and ground support equipment of the UAE Armed Forces. We empower our customer to focus on its missions, confident that its land-based platforms and systems, warfighters and other personnel are in optimal condition to operate at peak performance.
Key Responsibilities:
• Manage departmental deliverables including project reports and financial reports, ensuring they are submitted to the senior management team and the parent company within the required timeframe.
• Assist in developing an ongoing five year strategic plan for the company.
• Work with department managers to develop the annual program budget.
• Establish financial system budgetary control and analytical reviews in coordination with the Manager, Financial Control.
• Analyse reports and suggest suitable adjustments to the annual budget to senior/executive management.
• Manage and ensure the accuracy of the monthly budget variance reports in coordination with the management accounting team. Assist in explaining the budget against the actual report to department heads.
• Analyse costs and provide cost optimisation and efficiency proposals to higher management.
• Develop and prepare the user guide for new reporting processes; recommend changes and revisions as required.
• Support developing project accounts for new projects; ensuring that financial data is captured in a manner that facilitates project cost and/or customer reporting and invoicing.
• Assist in training new employees in the areas of project finance and reporting when necessary.
• Support project managers during new project start-ups; explaining and interpreting any financial data included in the project reports.
• Act as the point of contact for project finance and reporting related issues.
• Supervise billing as per contractual terms and monitor collections in coordination with the supply chain.
• Undertake special projects when required.
• Support cross functional work coverage with other areas of finance on a need's basis.
• Maintain the confidentiality and security of all company documents.
• Perform other duties as required by the Director, Finance.
Experience and Education:
• A Bachelor’s degree in a relevant field (Business Administration, Finance or Accounting) is required, Master degree is preferred, or Equivalent years of Experiences in same field
• A minimum of six to ten years of finance/accounting business office experience, with emphasis on full cycle accounting is required.
Key Skills:
• Previous experience on automated accounting systems is preferred.
• Previous experience working on defence related contracts or on subcontract operations is preferred; for the UAE Military is an advantage.
• A firm understanding of US Generally Accepted Accounting Principles (GAAP), International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) is required.
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