Head Of Financial Reporting Department

Ajman, United Arab Emirates

Job Description

Managing the financial reporting department while providing support to government agencies to ensure the provision of required financial and statistical reports, assisting in decision-making, and ensuring control over the financial performance of government agencies.
Key Responsibilities:
Budget and Financial Performance Management:

  • Supervise the follow-up of the implementation of the general budget performance of government agencies.
  • Review the results and prepare the financial performance report for government agencies.
  • Submit recommendations and proposals for improvement opportunities.
Development of Financial Performance Indicators:
  • Supervise the development of appropriate indicators and bases for measuring the governments financial performance.
  • Ensure continuous updating and development of indicators to ensure the governments effective financial performance.
Capital Projects Monitoring:
  • Supervise the follow-up of the implementation of capital projects in government agencies.
  • Review and approve relevant reports with recommendations for improvement.
Supported Entities Reporting:
  • Supervise the follow-up of supported entities to provide periodic reports related to the aspects of the agreement.
  • Review and approve the recommendations and improvement proposals submitted by the work team.
Consolidated Financial Reporting:
  • Supervise the preparation of the governments consolidated financial reports.
  • Ensure the reports align with the governments financial statistics and the annual statistical volume of the general budget.
  • Publish the reports in coordination with the relevant authorities.
Coordination with Statistical and Research Centers:
  • Supervise the coordination process with statistical and research centers.
  • Ensure that they are provided with the required reports to contribute to developing the infrastructure for financial statistical data.
Monitoring Economic Trends:
  • Supervise the monitoring of the global economy and development trends.
  • Extract the impacts on the general budget and review and approve proposals for the relevant organizational units.
Public Debt Management:
  • Supervise the collection of public debt data and ensure it is updated continuously.
  • Review and approve economic models to analyze the impact of public debt and mitigate its effects on the economy.
Ajman Government Credit Rating:
  • Represent the Government of Ajman in meetings related to the Ajman Government credit rating.
  • Supervise the coordination processes with relevant entities related to the credit rating.
General Tasks:
Operational Framework and Documentation:
  • Review and approve the operational framework of the department.
  • Verify its documentation and ensure periodic updates in coordination with the relevant organizational unit within the department.
Employee Performance and Development:
  • Evaluate the performance of department employees to ensure their efficiency.
  • Motivate employees to develop individual performance.
  • Develop smart performance indicators for the departments operational activities and set targets in line with strategic objectives.
  • Review and approve the annual leave plan for employees to ensure continued quality implementation of departmental activities.
SWOT Analysis and Strategic Alignment:
  • Prepare the department's SWOT analysis document.
  • Review and approve the operational objectives of the departments employees and ensure alignment with the departments operational and strategic objectives.
Training and Development Plans:
  • Review and approve the training plan for the departments employees based on actual needs and individual performance assessments.
Business Continuity and Risk Management:
  • Review and approve the departments Business Analysis Document (BIA) and Business Continuity Plan (BCP).
  • Prepare and update the departments risk register periodically, ensuring that appropriate responses to risks are implemented and followed up.
Qualifications:
  • Bachelors degree in Accounting, Finance, or related field
  • CTA or CTP or CPA or ADIT is preferred
  • Minimum of 6 years of experience in financial reporting or accounting, with at least 5 years in a leadership role.
  • Strong knowledge of financial regulations, accounting principles (GAAP/IFRS), and tax laws.

Skills Required

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Job Detail

  • Job Id
    JD2042294
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Ajman, United Arab Emirates
  • Education
    Not mentioned