1. Ensure that financial and accounting policies, processes and procedures that represent best practices are consistent with the business needs of Dubai Customs and that applicable laws, rules and regulations are implemented.
2. Review all studies on financial and economic conditions to determine financial trends and expectations and make the necessary decisions based on the results of the studies.
3. Monitor actual spending and compare it with the approved budget to determine the extent of compliance with the approved budget, study the differences, and ensure the implementation of corrective actions.
4. Monitor revenue data received from financial records and financial databases and classify revenues according to specified standards.
5. Ensure improved performance of financial systems and their integration with Dubai Customs’ operational systems.
6. Conduct a comprehensive assessment of all aspects of financial performance and provide appropriate recommendations for decision-making by senior management.
7. Ensure that the monthly and annual books of accounts are closed on time and correctly, the accounts are settled accurately, and the required financial tables and reports are prepared.
8. Ensure that the process of verifying fixed assets and inventory quantities and reconciling them at the end of the year is carried out correctly and any discrepancies are identified, followed up on, and resolved.
9. Ensure the submission of periodic reports to senior management on Dubai Customs’ financial performance and cost analyses with the aim of making effective decisions.
10. Create added value by providing recommendations to reduce costs, increase revenues, and enhance efficiency with the aim of raising the level of performance and productivity.