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Cost Control Specialist

2 months ago

Dubai, Dubai, United Arab Emirates German International School Dubai Full time

Job Summary

The German International School Dubai is seeking a highly skilled and experienced Senior Accountant/Cost Controller to join our finance team. This role is crucial for maintaining the financial health and efficiency of our institution.

Key Responsibilities

  • Financial Management: Oversee and manage all accounting operations including billing, accounts receivable, accounts payable, general ledger, cost accounting, and revenue recognition.
  • Budgeting and Forecasting: Prepare and manage the annual budget and monthly forecasting. Monitor and analyze financial performance against budget and forecast, providing insights and recommendations for improvement.
  • Cost Control: Implement and maintain effective cost control systems. Analyze cost structures and ensure cost efficiency across all departments.
  • Financial Reporting: Prepare accurate and timely financial statements, reports, and analyses for senior management and the board of directors.
  • Compliance: Ensure compliance with local and international financial regulations and standards. Manage audits and liaise with external auditors.
  • Team Leadership: Lead, mentor, and develop a team of finance professionals. Foster a collaborative and high-performance culture within the finance department.
  • ERP System Setup and Management: Set up, implement, and manage the school's ERP system to streamline financial operations and reporting. Ensure the system is fully integrated and utilized effectively by the finance team.
  • Process Improvement: Identify and implement process improvements to enhance financial operations and reporting accuracy.
  • Strategic Planning: Support the development and execution of the school's strategic financial plan. Provide financial insights and recommendations to support decision-making.

Requirements

  • Bachelor's degree in Accounting, Finance, or a related field. A master's degree or professional certification (e.g., CPA, CMA) is highly desirable.
  • Minimum of 5-7 years of experience in accounting or financial management, preferably in an educational institution or similar environment.
  • Proven experience in managing and developing a team.
  • Fluent in English; proficiency in German is highly beneficial.
  • Strong knowledge of accounting principles, financial regulations, and cost control practices.
  • Extensive experience in setting up and managing ERP systems.
  • Excellent analytical, problem-solving, and organizational skills.
  • Proficient in accounting software and Microsoft Office Suite, particularly Excel.
  • Strong communication and interpersonal skills, with the ability to collaborate effectively with colleagues at all levels.