Finance Director

Purpose of the RoleThe Finance Director is a strategic leader responsible for driving financial excellence at EIA. This role ensures effective management of corporate finance, budgeting, compliance, and risk, while aligning financial strategies with EIA's dual mandate of maximizing financial returns and supporting the UAE's economic priorities. The Finance Director also plays a pivotal role in supporting EIA's Strategy Refresh (SR) initiatives and fostering long-term financial sustainability.Department OverviewThe Finance, Treasury & Investment Operations Department at EIA is a cornerstone of the organization's strategic and operational framework. This department oversees corporate finance, budgeting, treasury management, and investment operations, ensuring alignment with EIA's mission to maximize financial returns and contribute to the UAE's economic priorities. By leveraging advanced financial systems and frameworks, the department plays a vital role in implementing the Strategy Refresh (SR) initiatives, managing risks, and ensuring regulatory compliance.Strategic ResponsibilitiesStrategic Financial LeadershipDevelop and execute financial strategies that align with EIA's mandate and organizational objectivesGuide capital allocation to balance financial returns with strategic prioritiesPartner with investment teams to align financial planning with strategic asset and portfolio management objectivesProvide financial leadership to support EIA's Strategic Refresh initiativesCompliance and Risk ManagementEnsure compliance with UAE regulations, taxation requirements, and IFRS standardsImplement and monitor robust financial controls and risk mitigation strategiesSafeguard financial performance through effective risk identification and management frameworksTechnology IntegrationOversee the adoption of ERP systems and financial tools to enhance data-driven decision-makingLeverage data analytics and advanced systems to support long-term financial sustainabilityCore ResponsibilitiesBudgeting and ForecastingLead the annual budgeting process and long-term financial planningProvide accurate forecasts and performance reports for internal and external stakeholdersConduct scenario analysis and financial modeling to support decision-makingMonitor and report variances to ensure precision and adaptability in planningInvestment CollaborationCollaborate with investment teams to integrate financial planning with asset management and portfolio performance reportingEvaluate and support strategic investments to optimize returns and align with long-term goalsFinancial Reporting and ComplianceEnsure all financial reporting adheres to IFRS, GAAP, and UAE regulatory requirementsPresent financial analyses and insights to the CFO, executive leadership, and Board of DirectorsConduct variance analyses and performance reviews to ensure transparency and accountabilityPeople Management ResponsibilitiesTeam DevelopmentMentor and lead a high-performing finance team, fostering a culture of continuous improvement and innovationEstablish clear KPIs, including productivity, innovation adoption rates, and employee engagement scoresDelegate responsibilities effectively to ensure operational efficiency and performanceFoster a culture of excellence, innovation, and accountability across the finance teamStakeholder EngagementPresent key financial insights to senior leadership, regulatory bodies, and external auditorsBuild strong relationships with banking partners, vendors, and strategic financial advisorsServe as the primary liaison for internal audit and compliance reportingRequirementsEducationAdvanced degree in Finance, Accounting, Economics, or a related field (e.g., MBA, CFA, CPA)Certifications such as CFA or CPA are emphasized for their critical role in compliance and strategic executionPrior ExperienceMinimum of 12 years of financial management experience, with at least 5 years in a leadership roleExpertise in corporate finance, budgeting, and risk management within a sovereign wealth fund or investment-driven environmentStrong knowledge of UAE regulatory frameworks and global financial best practicesTechnical Expertise, Skills Or KnowledgeAdvanced proficiency in financial modeling, data analytics, and enterprise resource planning (ERP) systemsMastery of budgeting, forecasting, and financial performance analysisComprehensive understanding of UAE-specific financial regulations and IFRS standardsStrong leadership and stakeholder engagement capabilitiesExpertise in integrating financial planning with investment strategies and portfolio management initiativesKey Role InterfacesInternalChief Financial OfficerChief Executive OfficerInvestment TeamsRisk Management TeamTechnology DepartmentInternal AuditSenior ManagementExternalBanking PartnersRegulatory AuthoritiesExternal AuditorsVendors and Financial Software ProvidersInvestment CounterpartiesExternal Advisors or ConsultantsBenefitsThe Emirates Investment Authority (EIA) stands as the UAE's only federal sovereign wealth fund, entrusted with the dual mandate of prudently managing and investing the nation's wealth to secure long-term sustainable financial returns and contribute to the UAE's economic growth and prosperity.Established in 2007, EIA embodies a vision to drive national development by creating industry champions, diversifying economic assets, and supporting critical government initiatives. Governed by the highest standards of integrity and accountability, the EIA strategically allocates capital to maximize financial returns while ensuring alignment with the UAE's long-term priorities.Joining the EIA offers a unique opportunity to be at the forefront of shaping the UAE's economic future. Employees gain access to an enriching environment where innovation, strategic thinking, and excellence drive success. The EIA provides:Professional Growth: Comprehensive development frameworks that align individual competencies with organizational goals, fostering a culture of continuous learning and expertiseDiverse Experience: Exposure to a diversified portfolio of global and regional investments, spanning multiple sectors, allowing employees to build expertise in high-stakes financial and strategic asset managementImpactful Work: The chance to contribute to transformative national projects and initiatives, playing a pivotal role in creating economic champions that drive the UAE's growthCollaborative Culture: A performance-driven workplace that values teamwork, innovation, and a commitment to excellence

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