Head of Financial Reporting Department (Emirati)

Head of Financial Reporting Department (Emirati)

Join a leading government entity in Ajman as the Head of Financial Reporting Department. This pivotal role involves managing financial reporting, supporting government agencies, and ensuring accurate financial and statistical reports to aid decision-making and control over financial performance. You will lead the development of financial performance indicators, oversee capital projects, and ensure compliance with financial regulations.

Job Location: Ajman, United Arab Emirates
Job Industry: Government
Job Function: Financial Reporting and Accounting Management
Salary: 27K excluding medical insurance
Gender: Any

Key Responsibilities:

1. Budget and Financial Performance Management:
   • Supervise the follow-up of the implementation of the general budget performance of government agencies.
   • Review the results and prepare the financial performance report for government agencies.
   • Submit recommendations and proposals for improvement opportunities.
2. Development of Financial Performance Indicators:
   • Supervise the development of appropriate indicators and bases for measuring the government’s financial performance.
   • Ensure continuous updating and development of indicators to ensure the government’s effective financial performance.
3. Capital Projects Monitoring:
   • Supervise the follow-up of the implementation of capital projects in government agencies.
   • Review and approve relevant reports with recommendations for improvement.
4. Supported Entities Reporting:
   • Supervise the follow-up of supported entities to provide periodic reports related to the aspects of the agreement.
   • Review and approve the recommendations and improvement proposals submitted by the work team.
5. Consolidated Financial Reporting:
   • Supervise the preparation of the government’s consolidated financial reports.
   • Ensure the reports align with the government’s financial statistics and the annual statistical volume of the general budget.
   • Publish the reports in coordination with the relevant authorities.
6. Coordination with Statistical and Research Centers:
   • Supervise the coordination process with statistical and research centers.
   • Ensure that they are provided with the required reports to contribute to developing the infrastructure for financial statistical data.
7. Monitoring Economic Trends:
   • Supervise the monitoring of the global economy and development trends.
   • Extract the impacts on the general budget and review and approve proposals for the relevant organizational units.
8. Public Debt Management:
   • Supervise the collection of public debt data and ensure it is updated continuously.
   • Review and approve economic models to analyze the impact of public debt and mitigate its effects on the economy.
9. Ajman Government Credit Rating:
   • Represent the Government of Ajman in meetings related to the Ajman Government credit rating.
   • Supervise the coordination processes with relevant entities related to the credit rating.
10. General Tasks:
    • Operational Framework and Documentation: Review and approve the operational framework of the department.
    • Employee Performance and Development: Evaluate the performance of department employees to ensure their efficiency.
    • SWOT Analysis and Strategic Alignment: Prepare the department's SWOT analysis document.
    • Training and Development Plans: Review and approve the training plan for the department’s employees.
    • Business Continuity and Risk Management: Review and approve the department’s Business Analysis Document (BIA) and Business Continuity Plan (BCP).

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field.
• CTA, CTP, CPA, or ADIT is preferred.
• Minimum of 6 years of experience in financial reporting or accounting, with at least 5 years in a leadership role.
• Strong knowledge of financial regulations, accounting principles (GAAP/IFRS), and tax laws.