Home UAE Finance Manager

Home UAE Finance Manager

Finance Manager

Full time at ACWA Power in UAE
Posted on February 1, 2025

Job details

1. Job Purpose:

  • Responsible for the end-to-end management of regional business performance data capture, integrity, analytics and reporting, in order to support the Company vision and Portfolio Management objectives.
  • Accountable for managing the Business Performance Improvement initiatives of all regions developing robust, innovative and intuitive data management models, dashboards and reporting suites which can inform the BU PM and Regions on Key Performance Indicators as well as support corporate strategy, planning and decision making.
2. Key Accountabilities:
  • Responsible for budgeting, forecasting, and financial model update.
  • Ensure compliance with Project & Finance Documents including related reporting, and other related rules and regulations applicable to the Company (e.g. Companies Law, policies & procedures approved by the Board of Directors).
  • Responsible for Audit Committee, Nomination & Remuneration Committee and the Board of Directors information packs, ensure meeting minutes prepared, circulated and approved on a timely basis, coordinate with relevant secretaries for overall compliance including but not limited to have resolutions signed, registrations updated etc.
  • Overall, responsible for operational accounting and financial reporting including internal & external reporting.
  • Ensure timely completion of internal and external audits and approval of financial statements from BAC, BOD and from shareholders.
  • Ensure compliance with WHT, VAT, Income Tax & ZAKAT laws of the country including timely submission of returns and making payments.
  • Ensure efficient and effective treasury function.
  • Keep track of variations to the project scope agreed with off taker, EPC contractor and O&M operator and ensure timely invoicing and settlement of the same in line with agreed principles.
  • Close monitoring of assets and liabilities, take appropriate actions on a timely basis for recovery or other required actions as necessary.
  • Review and update policies and procedures applicable to the Company.
  • Management of UCA, O&M Contract, EPC Contract and all other related major project and finance documents from a financial perspective.
  • Communication with internal and external stakeholders including those who are not limited to banks, lenders and shareholders etc.
  • Any other tasks the management may delegate from time to time.
3. Communication & Working Relationships: Internal: Work closely with Regional CFOs, CEOs, APF and BD teams and relevant enabling functions. External: External advisors, auditors, lenders. 4. Qualifications, Experience & Skills: Minimum years of Experience
  • A minimum of 5-8 years of relevant Financial and Analytics experience.
Minimum Qualifications
  • Bachelor's degree in business management /accounting or related field
Minimum Skills
  • Excellent operational knowledge of Finance processes and systems.
  • Excellent financial modelling experience.
  • Excellent communication skills with the ability to build trust and influence others.
  • Proven track record of working with a senior stakeholder population.
  • Extensive reporting experience including knowledge of process and data usage.
  • Knowledge of standard Finance metrics and key performance indicators.
  • Extensive technical experience in Oracle, Hyperion etc. Oracle Fusion, Cloud, Analytics, Business Objects, Microsoft Excel, SQL is a plus.
  • Advanced Excel skills.
  • Excellent attention to detail.
  • Experience of using data to drive business decisions.
  • Strong value principles honesty, integrity and commitment.
  • Positive attitude, enthusiastic and self-motivated.
  • Good organizational and time management skills.
  • Proven leadership capability with the ability to develop team members.
  • Commitment to constant improvement of processes.
  • Ability to work closely with other teams and drive strategic aims
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