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  • Executive Director, CFO
    UAE University
    UAE University

    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


 


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