Finance Manager
4 weeks ago
The Finance Manager - Accounts Payable is a key role within Dubai Holding's Finance function, responsible for overseeing all expense processing, auditing, and process management activities across the organization. This role will support the Lead - Invoice to Pay in enabling value creation within the Finance sub-function through continuous improvement and optimization of existing processes.
Key Responsibilities:
- Ensure adherence to finance processes, guidelines, and protocols for all expense processing, auditing, and process management.
- Track key performance indicators, identify operational gaps, and guide internal teams to achieve team goals.
- Support the Lead - Invoice to Pay in reviewing finance function activities and implementing improvements within existing accounts payable process flows.
- Interface with finance function stakeholders, resolve issues, and escalate challenges as required.
- Guide internal teams and support the execution of special projects and initiatives to ensure continuous value addition by Finance.
Expense Report Submission Process:
- Review and process expense reports in a timely manner as per agreed SOPs and within agreed SLAs.
- Assess and ensure availability of all required information and receipts in expense reports.
- Highlight gaps in expense filings and work with internal teams to close issues or errors in expense reports.
- Approve expense reports in a timely manner, ensuring compliance with Dubai Holding HQ and vertical policies and procedures.
- Manage any exceptions or issues that arise during the approval process.
Expense Report Auditing Process:
- Monitor assessment of expense reports for accuracy and compliance with Dubai Holding HQ and vertical policies and procedures.
- Track the verification process to ensure legitimacy of all expenses, including receipts and documentation; ensure gaps are closed.
- Review and publish the expense audit report basis existing checklist basis established expense disbursement guidelines.
- Analyze reports on highlighted non-compliant expenses or potential fraud and lead internal teams to investigate as needed.
Internal Controls & Governance:
- Review internal controls and monitoring reports to ensure compliance with Dubai Holding policies and external regulations.
- Monitor adherence to the risk assessment framework and checklists across all operations, systems, and processes; review risk assessment outcomes and identify relevant internal controls to close vulnerabilities.
- Provide inputs on developing and monitoring implementation of effective anti-fraud policies and procedures to minimize financial risks across Finance operations.
Continuous Improvement and Process Optimization:
- Stay updated on the latest market trends, changes, and developments and identify improvement opportunities relevant for the sub-function.
- Identify and recommend opportunities for cost reduction and efficiency improvement within existing processes.
- Collaborate with internal and external stakeholders to ensure effective implementation of process improvements.
People Management:
- Manage the team and monitor individual objectives and priorities in line with the Dubai Holding Finance and overall GS objectives, and are met within the set milestones.
- Provide day-to-day management and supervision to direct reports and support them in achieving their operational objectives.
- Monitor upskilling and continuous development initiatives within one's own team in line with the capability requirement and service priorities of the Dubai Holding Finance function.
Candidate Qualifications, Experiences & Skills:
- Bachelor's degree in Commerce / Business Administration (Finance).
- Minimum of 6-8 years of experience in finance function, with at least 2 years of experience in leading teams.
- Good understanding of finance processes and policies.
- Strong understanding of expense management activities within invoice to pay processes, ERP (and related technologies) is preferable.
- Experience working in a finance shared services is preferred.
- Experience working in the Middle East region is preferred.
- Financial & compliance know-how.
- Expense review management.
- Expense audit management.
- Financial reporting accounting & reporting.
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