Associate Finance Manager

Department Icon Accounting & Finance
137+ Applicants
Posted: 4 months ago
5-7 years
Dubai, United Arab Emirates
work from office

Posted: 4 months ago
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Applicants: 137+
Job Description
About Company
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Job Description

About the Role:

This role focuses on the core finance functions & operations within Nomac/ACWA Power. The ideal candidate will bring a strong accounting background. ERP system like SAP and power segment experience is an added advantage. The position plays a key role in ensuring financial accuracy, finance operation, and GL control. The role is based in Dubai, UAE and is focusing primarily on local Emirati talent pool.

Functional Responsibilities:

  • Collaborate closely with business leaders, project companies, TPO (Transaction processing Outsourcing team) and other departments for a timely period and month-end closing activities
  • Perform trial balance (TB) reviews, ensuring all action items are tracked and resolved including, monthly accruals schedule Prepayments, Advance payments and clearing accounts GLs.
  • Intercompany transactions reconciliation, Customer reconciliation and Supplier reconciliations on weekly basis.
  • Reviewing Income tax and VAT calculation.
  • Coordinate with project companies and review of monthly customer invoices
  • Review of weekly bank reconciliations.
  • Bank payments initiation in the online banking portal.
  • Liaison with banks on banking transactions.
  • Liaison with external and internal auditors and providing required schedules and supporting documents to conclude audits on timely basis.
  • Involvement in annual budget preparation with plant teams, project companies and other dividend.
  • Preparation of monthly management reports, fully year forecast and discussion with business leaders and project companies
  • Accounts payable management including communication with UAE plants teams for SES and GRN for GRIR clearance and invoice booking coordination with Transaction Process Outsource (TPO) team.
  • Coordinate with supply chain team and suppliers on the supplier outstandings.

Qualifications, Experience & Knowledge:

  • Bachelor's or master's degrees in accounting, Finance, or a related field.
  • Minimum 5-7 years of experience in accounting, financial reporting, or GL control.
  • Strong knowledge of GAAP/IFRS, revenue recognition standards, and audit processes.
  • Experience with ERP systems (SAP) is highly desirable.
  • Looking to get Placed? Try our Placement Guarantee Plan

    Proficiency in Excel and other financial analysis tools.
  • Candidates must be fluent in English and Arabic with primarily focus on local Emirati Talent.

Skills:

  • Strong analytical and problem-solving abilities.
  • Excellent attention to detail and organizational skills.
  • Ability to manage multiple priorities and meet tight deadlines.
  • Excellent communication skillsboth written and verbal.
  • Team-oriented mindset with the ability to collaborate across departments.
  • Ability to understand financial models
  • High degree of rigor and attention for details
  • Able to work in multicultural environments and multidisciplinary team

Skills

AccountingAccountsAccounts Payable ManagementBank ReconciliationsBudget PreparationAccounts PayableErp SystemsCore FinanceFinancial Analysis ToolsErpKnowledge Of GaapGaapGlIfrsPayable ManagementReconciliationsRevenue RecognitionTransactionsTrial BalanceFinanceReconciliationFinance Manager

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About Company

ACWA Power is a leading developer, investor, and operator of power generation and desalinated water plants across the globe. They utilize a variety of energy sources, including renewable energy.

Important dates & deadlines?

Application Deadline

20 Mar 26, 01:32 PM IST

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