You are applying for:

• • Job ID
  • #AA13FEBFC
• • Designation
  • Financial Controller
• • Department
  • Finance
• • Level
  • Manager
• • Location
  • Alserkal Avenue

Job Description & Responsibilities

ABOUT ALSERKAL:

Founded by Emirati businessman and patron, Abdelmonem Bin Eisa Alserkal, in 2007, Alserkal is a socially responsible cultural enterprise, which is deeply engaged with the arts locally, regionally and internationally. Through Alserkal Avenue, its renowned cultural district of contemporary art galleries, non-profit organisations and homegrown businesses, Alserkal has cultivated a creative economy in Dubai, supporting cultural production and spearheading disruptive business models, including the OMA-designed Concrete, a state-of-the-art exhibitions and alternative space. In addition, Alserkal supports public art commissions, residencies, research grants and educational programmes through its non-profit, Alserkal Arts Foundation.

 

THE ROLE SUMMARY:

The Financial Controller oversees the smooth day-to-day operation of the organisation’s finance function. The role is tasked with delivering the following key areas of financial management:

• Manage the income and expenditure of the organization, ensuring financial stability and security;
• Manage the financial reputation of the entire Alserkal organization supporting its position as the partner of choice for business looking to establish themselves in the region
• Provide key financial intelligence providing the business with the ability to make informed and timely decisions about growth, risk and investment.

  

KEY FUNCTIONS:

 

Managing the finance function

• Development, implementation and enforcement of financial and control policies and procedures for the organisation.
• Ensure Company system of accounts and records are properly maintained, in compliance with accounting and tax statutory requirements (IFRS).
• Ensure Chart of Accounts and cost coding accurately reflects requirements of the operating businesses.
• Cashflow re-forecasting on a monthly basis, on all elements of revenue, expense and capex elements of the business plan
• Management/Supervision of the Receivables and Payables function of the Company, Bank reconciliation, Petty cash, Fixed Assets etc.
• Verification of income and expense allocation from Group entities and accurate reporting of the same.
• Ensure implementation of the approved procurement process and Delegation of Authority.
• Management of credit facilities (including letters of credit), financial covenant monitoring reporting where required.
• Assist with communication with External Auditors.
• Cash management for daily business operations, including cash calls, deposit placements.

 

Supporting Alserkal Management

• Ensure the delivery of accurate / quarterly / annual financial reports and statements, with actual to budget results.
• Preparation and consolidation of Annual Business Plan, including department budgets, in close coordination with individual department heads.
• Development and tracking of financial KPIs that will also form part of the Annual Business Plan.
• Assist with the development of feasibility studies for new opportunities (new capex/investments)
• Preparation and consolidation of Annual Business Plan, including department budgets in close coordination with individual department heads.
• Development and tracking of financial KPIs that will also form part of the Annual Business Plan.
• Any other duties as may reasonably be requested by the management team.

 

Team responsibilities

 

• Effectively lead, engage and develop the Finance division in ensuring finance protocols are followed and continuously improved
• Effectively manage the performance of the finance team including the setting objectives and the completion of personal development reviews for each staff member
• Facilitate the personal and professional development of the Finance Division
• Assist in developing the skills and competence of the wider Financial Management team as and when organisation requirements change

 

    

Key Competencies and Personal Qualities:

 

General Management / the management of activities

• Ability to plan and organise and control activities
• Analytic ability 
• Precision / detail orientation

 

Interactive management

• Ability to coach / guide / mentor others
• Interpersonally warm
• Assertiveness
• Decisiveness

 

Self-management

• Ability to perform under stress
• Orientation towards taking responsibility
• Integrity

 

Skills 

• Proficiency with Microsoft Office products is essential
• Experience with all financial modules of an ERP system is essential
• Experience with SAGE is desirable

 

Education / Qualifications

• A bachelor’s degree in accounting, business, or closely related field (or equivalent education and experience) is required.
• Qualified Accountant (ACA/ACCA)

 

Experience

• A minimum of 6 years of experience in Accounting & Finance, 3 years of which should be in a supervisory role