Manager - Finance Operations and Procurement

7 months ago


Abu Dhabi, United Arab Emirates Abu Dhabi School of Management Full time

The Manager - Finance Operations & Procurement is a key role responsible for overseeing finance, accounting, and procurement at ADSM. This position requires comprehensive understanding of financial management and accounting practices to ensure optimal resource allocation within approved budgets, cost-efficiency, and regulatory compliance

**Responsibilities**:

- o Collaborate with senior management to develop financial plans, forecasts, and budgets that support organizational goals and objectives.
- Conduct financial analysis and performance evaluation to identify opportunities for cost savings, revenue generation, and operational efficiency
- Monitor financial metrics and key performances and indicators, providing regular reports and insights to stakeholders
- o Oversee accounting functions, including accounts payable, accounts receivable, general ledger, and financial reporting
- Ensure timely and accurate recording of financial transactions, reconciliation of accounts and preparation of financial statements in compliance with accounting standards and regulations
- Coordinate external audits and tax filings, addressing any audit findings or compliance issues as needed
- Ensure timely renewals of the organization’s licenses complying to the regulatory needs
- o Develop and manage budgets for procurement, finance, and accounting departments, tracking expenditures and ensuring adherence to budgetary allocations.
- Implement cost control measures and expense management strategies to optimize resource utilization and mitigate financial risks.
- o Develop and implement procurement strategies aligned with organizational objectives, budgetary constraints, and operational needs.
- Lead procurement planning and execution, including sourcing suppliers, evaluating bids, negotiating contracts, and managing vendor relationships.
- Ensure procurement practices adhere to established policies, procedures and regulatory requirements.
- o Assess and mitigate financial and operational risks associated with procurement activities, financial transactions and regulatory compliance
- Ensure compliance with applicable laws, regulations, and accounting standards governing procurement, finance and accounting practices
- Implement internal controls and procedures to safeguard assets, prevent fraud, and maintain data integrity
- Create, Update and Maintain the Risk Register as required by the management

**Skills**:

- Proven experience in a higher education environment involving finance, accounting, and procurement with a strong understanding of their interrelationships.
- Excellent leadership, communication, and interpersonal skills, with the ability to collaborate effectively across departments.
- Advanced analytical and problem-solving abilities, with proficiency in financial modeling, data analysis, and decision support tools
- Thorough knowledge of procurement principles, financial concepts, and accounting practices, as well as regulatory requirements and industry best practices
- Proficiency in financial management software (e.g., ERP systems), Microsoft Excel, and other relevant tools


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