Financial Reporting and Budget specialist

2 weeks ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Al Nahiya Group Full time
  • Receiving invoices from suppliers, reviewing and matching them with required documents, and entering them into the supplier payments system for processing payments.
  • Generating monthly reports on payment status and aging of accounts payable.
  • Receiving monthly payroll from the Human Resources department, reconciling it with payroll records extracted from the payroll system.
  • Ensuring the accuracy of attached documents and executing payment process through the payroll payments system within specified timelines.
  • Handling all payroll-related operations such as issuing salaries, benefits, complete and final settlements, and pension payments for all department employees, disbursing them accurately and timely.
  • Recording regularly and accurately the revenues collected related to department activities.
  • Issuing monthly reports on revenue status and aging of accounts receivable.
  • Preparing monthly Value Added Tax (VAT) returns report.
  • Preparing bank reconciliation for all expense and revenue accounts.
  • Recording received assets at cost after verifying attached documents.
  • Monthly asset depreciation and recording asset disposal after verifying attached documents.
  • Executing all financial journal entries and reconciling them in a timely manner.
  • Providing inputs based on experience in reviewing terms and conditions for settlement of contract dues to minimize department exposure to risks.
  • Providing all necessary information and data to internal auditors within the department, and external auditors to assist them in their work and report preparation.
  • Providing support in dealing with claims and contractual disputes arising from or against the department in coordination with relevant parties.
  • Monitoring monthly, semi-annual, and annual closing activities and ensuring their timely execution to verify discrepancies in the departments budget periodically.
  • Coordinating with suppliers and project managers to complete final contract procedures, disburse reserved payments, and close purchase orders.
  • Any tasks and responsibilities assigned by the direct supervisor.

Requirements

  • Bachelors degree in a relevant field from a recognized academic institution.
  • Minimum of 4 years of experience in financial affairs or accounting.
  • require candidates who are proficient in the areas of budgeting, monthly reporting, budget analysis, financial analysis, cash flow monitoring, budget cycle management reporting, and data center
  • Behavioral Competencies:
  • Encouraging innovation


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