Job Description

Job Title Head of Finance

Description

Role Summary
The appointment will be at Grade 9, salary: 32,000 - 37,000 AED per month, dependent on experience (the monthly salary is inclusive of housing allowance) plus benefits
Start date: December 2022
The Head of Finance is responsible for financial management, reporting and control, ensuring compliance with local and international statutory and regulatory financial and legal requirements at all times. The post-holder is responsible for tax and treasury matters relating to HWUM and, in conjunction with the Provost and COO, will manage the financial planning and budgeting processes, ensuring that effective and timely financial management information is provided to the senior management team, the HWU Group and other bodies as required.
The post-holder will be responsible for managing the financial systems and processes of HWD, using the HWU Oracle ERP Fusion and Orison finance systems and in the context of the group's financial regulations. He/she will advise on financial aspects of the strategic and operational management of HWD. The Head of Finance will be responsible for ensuring effective systems of internal control and will contribute to risk management processes.
The post-holder will provide appropriate reporting to the HWU Group Management Accountant who will provide appropriate support and information to ensure that HWD can operate effectively within the group context as well as an independent company.
Key Duties and Responsibilities
Reporting to the Global Chief Financial Officer, the Head of Finance is responsible for financial management and reporting, always ensuring compliance with local and international statutory and regulatory financial and legal requirements.
The key duties and responsibilities are as follows:

• To be a member of the senior financial management team of the University with specific responsibilities for managing the finance team in Dubai.
• To work closely with the Provost & COO as a member of the Management team, making a significant contribution to the strategic and operational management of HWD. The post-holder is expected to play a proactive role, devising and proposing effective solutions in line with the overall business plan, objects of the campus as part of the University and associated approved budgets.
• To provide regular and effective financial management information to the Finance Team in Edinburgh and budget holders in Dubai. To advise the Provost, COO and Senior Management Team in Dubai on financial and business matters.
• To lead on financial aspects of the planning process for HWD, helping to set performance targets, establish budgets and forecasts as well as effective measures by which the Senior Management team and budget holders can monitor performance and trends.
• To manage the production of the financial data required for the HWD and HWU annual planning processes and annual financial planning reviews.
• To ensure that HWD complies with local tax legislation and regulations and advise on the optimum tax structures for HWD. To advise the GCFO on any forthcoming changes to tax legislation.
• To manage and maintain a record of levels of authorisations and regularly review to ensure appropriate for HWD and consistent with the HWU s financial regulations.
• To ensure that HWU conforms with the financial systems, processes and controls for the Group, using the Oracle
• Qualified to degree standard;
• Internationally recognised accountancy qualification i.e. CA, ACA, CPFA, CGMA (CIMA), ACCA.
• At least ten years of post-qualification financial and management accounting experience within a medium-large scale organisation.
• Evidence of comprehensive understanding of statutory tax requirements in Dubai or a region with similar taxation requirements. Experience of managing financial reporting structures, systems and procedures.
• Experience of working as an effective member of a senior management team.
• Experience of recruiting, managing and leading a team.
• Experience of managing budget planning processes within a complex environment.
• Excellent financial skills combined with the ability to explain complex financial concepts to non-finance colleagues.
• Effective team player, experienced in working as part of a senior management team and able to work with people at all levels in the organisation.
• Strong commitment to quality of service.
• Highly effective oral and written communication skills with the ability to provide a diplomatic but robust challenge to colleagues at all levels where necessary.
• Able to use own initiative and to play a proactive role in developments which enhance business performance.
• Resilient and durable, able to maintain momentum in the face of obstacles and setbacks.
• Able to deal with ambiguity and uncertainty in an effective manner.
• Effective leadership and management skills.
• Advanced MS Excel skills and comfortable with other MS Office products e.g. PowerPoint, Word, Outlook Express.

Desirable experience

• Experience of working in a multi-national and multi-currency environment.
• Experience of Oracle Fusion application.
• Experience of capital accounting and financial management of new buildings and facilities.

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