| Job Location | UAE |
| Education | Not Mentioned |
| Salary | Not Mentioned |
| Industry | Not Mentioned |
| Functional Area | Not Mentioned |
Employment: Full Time Our client, a well-known investment institution in the UAE, is currently looking for a Budget and Reconciliation Manager to be based in the UAE. For this role, the person will have the following responsibilities:Design effective budget models for departments and the entire companyAnalyze financial information (e.g. revenues, expenditures, and cash management) to ensure all operations are within budgetPresent annual budgets to senior managersReview budget requests for approvalForecast future budget needsIdentify variances between actual and budgeted financial results at the end of each reporting periodSuggest spending improvements that increase profitsReview the companys budget for compliance with legal regulationsEnsure department managers meet budget submission deadlinesDesign and implement effective budgeting policies and proceduresManage reconciliations team to ensure bank reconciliations are conducted in an efficient, timely manner to a high standard.Act as a review for outstanding items appearing on the reconciliations which are settlement of our international payments to our agents and settlement of our foreign exchange trades.Input in development of underlying processes, reports and systems to facilitate ongoing improvement in efficiency and quality of reconciliations processes.Manage information flows to and from other areas of finance and the business to resolve reconciliation queries.Act as representative of reconciliation team for projects and change processes impacting banking and reconciliation processes.Development of the Bank cash reporting functionality & management.Development of ongoing training for all members of the reconciliation team to ensure suitable skill set and ongoing personal development.Provide local point of contact for banking related queries.Suggest improvement in system and process based on observation made do cause analysis.Ensure proper back up records of Reconciliation statement.Assistance with finance and investment projects & assignments as required. REQUIREMENTS: To be considered for this role, you need to meet the following criteria:BSc/MSc degree in Accounting, Finance or relevant field, preferably with CMA, CAA, CPA qualificationProven work experience as a Budget Management experienceHave worked with large, well known financial / banking / investment institutionStrong fluency in English and knowledge in Arabic is a plusOpen to different nationality however strong preference is given to UAE nationalHands-on experience with accounting software and statistical packagesKnowledge of MS Excel (specifically, advanced formulas, pivot tables and charts)Familiarity with forecasting methods and data analysisExcellent numeracy skills with an attention to detailStrong analytical skillsKnowledge of accounting best practices and regulationsAbility to explain budgeting and financial information in plain termsTo know more about other vacancies we have, please visit our website - www.blackpearlconsult.com
Keyskills :
Black Pearl is a progressive, dynamic and well structured HR solution provider
that offers permanent recruitment services, HR consultancy, psychometric assessments, coaching and also professional training services for clients from different corporate sectors in the Middle East.
Like a rare and unique black pearl, we consider our partnership with our clients and job seekers as a fine, precious and valuable encounter that needs to be affirmed, developed and supported with a strong commitment to deliver not only the right services but the best in the industry.
Our aim is to meet and exceed the expectations of our clients, strategically offering Black Pearl services that are customized to the unique requirements of our clients and job seekers alike, resulting in effectively achieving goals and all that is required in this ever evolving and competitive market.
© 2023 HireeJobsGulf All Rights Reserved
