KPMG Lower Gulf Limited

Finance Controller (Education Sector) - Manager – Managed Services

Location
Dubai, United Arab Emirates
Salary
Competitive salary
Posted
10 Jun 2024
Closes
10 Jul 2024
Ref
2069
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Manager

Finance Controller - Manager – Managed Services

Job Title: Finance Controller (Education Sector)

Job Summary:

We are seeking an experienced Finance Controller with a background in the education sector to oversee all financial aspects of our educational institution. The ideal candidate will possess strong leadership skills, extensive knowledge of financial management principles, and a proven track record of successful financial oversight within educational settings.

Responsibilities:

Financial Planning and Analysis:

  • Develop and implement financial plans, budgets, and forecasts aligned with the institution's strategic objectives.
  • Conduct regular financial analysis to identify trends, variances, and areas for improvement.
  • Provide insightful recommendations to senior management based on financial analysis and projections.

Financial Reporting:

  • Prepare accurate and timely financial reports, including balance sheets, income statements, and cash flow statements.
  • Ensure compliance with regulatory requirements and accounting standards specific to the education sector.
  • Present financial reports to the board of directors and other stakeholders as required.

Budget Management:

  • Manage the institution's budgeting process, including allocation of funds to various departments and programs.
  • Monitor budget performance and implement corrective actions as necessary to ensure financial targets are met.
  • Work closely with department heads to develop and track departmental budgets.

Risk Management:

  • Identify financial risks and develop strategies to mitigate them.
  • Implement internal controls and procedures to safeguard the institution's assets and ensure financial integrity.
  • Stay abreast of regulatory changes and industry trends that may impact financial operations.

Cash Flow Management:

  • Monitor cash flow and liquidity to ensure the institution meets its financial obligations.
  • Optimize cash management strategies to maximize returns and minimize risks.
  • Coordinate with treasury management and banking partners as needed.

Audit and Compliance:

  • Coordinate with internal and external auditors to facilitate audits and ensure compliance with audit requirements.
  • Address any audit findings and implement recommendations for improvement.
  • Ensure compliance with all relevant laws, regulations, and contractual obligations.

Requirements:

  • Bachelor's degree in Finance, Accounting, or related field. MBA or CPA/CA/ACCA preferred.
  • Proven experience as a Finance Controller or similar role within the education sector.
  • Thorough understanding of accounting principles and financial management best practices.
  • Strong analytical skills with the ability to interpret financial data and trends.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all levels.
  • Advanced proficiency in financial software and Microsoft Excel.
  • Familiarity with regulatory requirements and compliance standards specific to educational institutions.
  • Demonstrated leadership ability and a track record of driving results in a complex organizational environment.

Preferred Qualifications:

  • Experience with enterprise resource planning (ERP) systems, such as SAP or Oracle.
  • Knowledge of grant accounting and funding mechanisms in the education sector.
  • Familiarity with fundraising and donor management processes.
  • Certification such as Certified Management Accountant (CMA) or Chartered Financial Analyst (CFA) is a plus
For further information, and to apply, please visit our website via the “Apply” button below.

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