Business Associate jobs in United Arab Emirates

Financial Performance and System Improvements

• Review financial performance measures and define financial controls across the organization.
• Monitor the financial performance of the organization’ by scrutinizing and validating requests, submission, valuation of purchases and other transactions. Provide advice to the management based on performance results and forecasting.
• Oversee and manage the quality of periodic management reports on budget utilization and variances, and review the investigation of related variances for control and corrective actions purposes.
• Manage monthly and quarterly financial analysis to determine significant actual to budget as well as actual to plan variances over period and/or year.

Business Partnership

• Ensure providing internal and external stakeholders with timely and accurate financial reports and analyses that support management in decision-making. Coordinate with other finance functions and teams across the museum to obtain required information and reports.
• Work with the applicable teams to ensure that management reports are prepared on time, accurately and adequately convey the required information to facilitate management review.
• Provide the businesses across the organization with the financial training and material necessary to ensure timely and accurate submission of financial information either to or from the business.
• Work with the business end users to ensure budget surpluses and deficits are identified early through quarterly review of budget utilization and a corrective action plan is developed.
• Influence business decisions to ensure that immediate and long-term implications, opportunities and risks are fully considered, and alignment with the organisation’ business plans and long term strategy.

Financial Control

• Ensure monitoring of budgets on a day-to-day basis and the incorporation of all such modification in the final budget as required.
• Lead on the analysis of all expenditure proposals and ensure that sufficient provision exists; in case no budget provision exists, search for alternatives and perform the required procedures
• Lead on highlighting potential risks in the sector/department and develop strategies or techniques to avoid, mitigate or prevent such risks

Strategic Contribution

• Ensure effective cascading of the functional strategy into business plans to ensure vertical alignment and horizontal integration with other interfacing sectional strategies.

People Management

• Manage the effective achievement of assigned objectives through the leadership of the Section by setting of individual objectives, managing performance, developing and motivating staff to maximize performance.
• Lead the talent development initiatives for the assigned section, collaborating with technical/discipline experts and thereby ensure the availability of talent to fit business requirements.
• Act as a role model and drive adherence to organizational values and ethics by employees of the assigned section to foster a value driven culture within the organization.

Planning & Reporting

• Manage the preparation and recommend the unit’s budget and monitor financial performance versus the budget while ensuring all units activities are conducted in line with the approved guidelines.

Policies, Systems, Processes & Procedures

• Manage and ensure effective implementation of functional policies, procedures and controls covering all areas of assigned section activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service.

Qualifications

• Bachelor’s Degree in Finance/Accounting or equivalent and preferably a master’s degree in finance/ Accounting.
• Professional Accreditations: CA, ACCA or CPA is preferred