Senior Finance Manager ? Managed Schools (Aldar Education Northern Emirates)-2200007Z

Job Description

Senior Finance Manager ? Managed Schools (Aldar Education Northern Emirates) - (2200007Z)DescriptionAldar Education is currently seeking a Senior Finance Manager- Managed Schools to support our growing family of owned and operated schools in the UAE. Due to planned current and future expansion we are looking to add to our Team supporting our British, US and IB curricula network of schools.The successful candidates will be closely aligned with our core values and ethos and possess a genuine understanding and appreciation of the values of the region.Job PurposeRole is to initially manage the start-up of a new Business Segment within Aldar Education of an initial 4 schools within the Northern Emirates starting Sept 2022 with additional schools anticipated in 2023 and 2024The Finance Manager is responsible for all areas relating to school finance operations such as budgeting, forecasting, monthly closing, MIS reporting to Principals, budget control, Accounts Payable, Accounts Receivables, Fixed Asset management, Cash and Bank Management, Re-enrolment process (finance related actions) and timely closing of internal and external audit requirementsThe Finance Manager is also responsible for implementation of new applicable IFRS standards, enhance finance operating policies time to time, ensure compliance with DOA, develop training plans for school finance team to improve efficiency of school finance operations and Business Partnering.RESPONSIBILITIESStrategic Responsibilities

• Lead segment school finance team and all functions within finance department such as annual school budget, re-forecast, AP, AR, Treasury, Fixed Asset, GL & Reporting
• Support implementation of an ERP solution, in the short term may be an off the shelf accounting package
• Monthly closing for all schools as per group timelines
• Point of contact for all customer Finance / Administrative queries
• Support Group Financial Reporting team to close External & Internal Audit points for entities
• Work closely with AE Group Financial Reporting team for finance projects for department excellence

Functional Responsibilities

• Finance business partnering with School Principals and wider School Leadership Team
• Lead day-to-day relationship with Customer Team and any other key stakeholders
• Closely work with Group Financial Controller to streamline school finance processes
• Support FP&A team for budgeting, forecasting and strategic plan with the actual and key assumptions
• Support Group Financial Reporting team to close Audits & Financial Statements
• Point of contact for Internal Audit requirements, provide explanations on audit queries and resolve the follow up requirements as per audit plan. Focus to reduce high risk audit observation by implementing strong internal controls as per approved DOA and policies
• Review finance policies and SOPs periodically and propose changes based on the change in business requirements and growth
• Provide necessary training to finance team for policies, corporate governance, DOA, SOPs and key timelines
• Review monthly school MIS reports prepared by School Accountants
• Review Budget Vs Actual, ensure budget controls are in place and budget movements/increases are in compliance with DOA
• Review payments and ensure the payments are processed in accordance with the DOA. Check supplier reconciliation statement, spend category and approval as per DOA before payment approval
• Support finance team for various surveys from Regulatory and Government authorities
• Review monthly Fixed Asset creation and ensure the asset creation is as per policy and as per accounting standards
• Review annual registration and re-registration processes and confirm with changes to improve the process

QualificationsMINIMUM QUALIFICATIONS

• Professional Accounting qualification

MINIMUM EXPERIENCE

• 10+ Years? experience out of which minimum 5 years? experience in managing finance & business operations
• Education or other multi-site B2C experience
• Experience of change management and fast growth / fast paced dynamic environment

JOB SPECIFIC KNOWLEDGE & SKILLS

Keyskills :