Finance Controller

Job Purpose: Manage the month end closing of the financial books, the timely
capitalisation of fixed assets (FA) after completing analytical reviews and
authenticating the quality of reconciliations to ensure that the financial
numbers are complete and accurate. Provide key support in the preparation and
audit of the Groups Financial Statements. Review Group company submissions for
timeliness, completeness and accuracy analysing movements in balances and then
conclude the consolidation process. Job Outline: - Manage the monthly closing
of the books after completing pre-closing checks and handling exceptions with
the concerned sections / departments to ensure that the financial numbers are
complete and accurate. This will entail the review of balance sheet nominals
through a process of validating balances through a variety of checks e.g.
using trends, awareness of the business, the accounting entry flow, change in
activity levels etc. - Manage the end-to-end financial accounting functions
(i.e. accrual, reconciliation and controls) over certain receivables and
payables in high value business areas i.e. revenue, advance sales, aircraft
operating lease rentals and deposits, aviation fuel, aircraft and other
insurance, interest receivable on bank deposits, corporate income tax, equity
accounting of group company results, recharges to external parties. - Manage
the reconciliation of GL nominals under the responsibility of the section by
extracting / interfacing data from internal operating systems as well as
external systems, ensuring that any revenue leakage is promptly identified and
appropriately high-lighted to Management. - Review the quality of
reconciliations in the other sections and support them with providing
automated solutions (e.g. develop modules to pick up exceptions due to vast
volumes etc) so that efficiency of the process is increased. These solutions
would have to be continually fine-tuned considering the constantly changing
processes and new business initiatives with a view to cover the risks
associated with the changes. This would entail changing processes, methods of
/approaches to reconciliation. This can only be possible by obtaining the
"buy-in" from the other finance sections. - Maintain control over the timely
capitalisation on FA into the appropriate asset classes and depreciation
rates. Manage the monthly closing of the FA books after performing a pre-
closing review and clearing the exceptions to ensure an accurate and complete
set of books. - Circulate comprehensive project status reports that include
commentary on actual cost v/s commitments, cost over-runs, highlight costs
ineligible for capitalisation and support the different Project Managers
during the project lifecycle with the cost updates. Projects may span a wide
variety of capex spend e.g. aircraft related including sale and leaseback,
retrofits, retirements, IT software and hardware, construction and
refurbishments etc - Review Group company submissions for timeliness,
completeness and accuracy. Analyse the movements in balances, obtaining
explanations for significant variations with an aim to respond to audit
queries. Adjust Group company financials, where necessary, to align them with
Group accounting policies and IFRS. - Complete the consolidation process of
incorporating Group company financials and support the audit of the
consolidation. This will entail obtaining additional information for financial
statements disclosures and regularly updating the reporting pack to meet
changes in the reporting requirements. - Define Chart of Accounts disciplines
to be followed by all departments to ensure uniformity in accounting. This
involves specifying reconciliation disciplines to be followed, specifying and
testing interface controls from various systems to GL and drawing up /
revising the flow of accounting entries in line with International Accounting
Standards. - Manage the team by allocation of objectives, resources to achieve
the work plan as per deadlines. Conduct timely PM reviews.
Qualifications & Experience: Experience: - Finance & Insurance/Management
Accounting : ‎5+ Years - Degree or Honours (‎12+‎3 or equivalent) - Experience in
a large organisation, preferably within the travel industry - Strong
accounting and technical skills in a service company with different lines of
business operating in a multiple currency environment. - Ability to analyse
complex and large financial databases - Specialized knowledge and practical
experience in specifying/ maintaining/ developing revenue accounting processes
and systems.
Salary & Benefits: Join us in Dubai and enjoy an attractive tax-free salary
and travel benefits that are exclusive to our industry, including discounts on
flights and hotels stays around the world. You can find out more information
about our employee benefits in the Working Here section of our website
www.emirates.com/careers. Further information on what's it like to live and
work in our cosmopolitan home city, can be found in the Dubai Lifestyle
section.