Financial Controller – UAE

Job title: Financial Controller – UAE

Company: Veolia


Job description: Company DescriptionFor 170 years, Veolia has been a global leader in providing water, energy, and waste management solutions. Serving public authorities and industries across 58 countries, our comprehensive services are essential to human development and sustainable growth. As we progress alongside economic growth and human development, we continuously adapt and innovate, designing solutions that positively impact the environment and conserve resources.Veolia focuses on local solutions to purify and preserve vital resources, mitigate resource depletion, decarbonize lifestyles and production methods, and adapt to the impacts of climate change.Our mission is to build a better 21st century, and we proudly identify as #resourcers.Key figures of Veolia Near and Middle East:Over 3,600 employees in the Middle East (in addition to the nearly 6,000 employees for Enova, which reports directly to Veolia Africa Middle-East for Facility Management and Energy Efficiency contracts in the region)A robust local network across the region, including the UAE, Oman, Qatar, Bahrain, Kuwait, Lebanon, Turkey, Jordan, and Saudi Arabia40 years of sustainable partnershipsIn the Middle East, Veolia collaborates with industries, governments, communities, and commercial businesses to deliver innovative and sustainable solutions needed today, while maintaining a vision for tomorrow. Through public-private partnerships and innovative contractual schemes, Veolia is dedicated to achieving measurable results with pragmatic, sustainable environmental solutions.For more information, please visit ourJob DescriptionContextVeolia UAE consists of 16 entities (8 consolidating, 8 non-consolidating) with an annual turnover exceeding 500M AED. Veolia UAE HQ provides business support and expertise to its various local entities and ensures that the Veolia Group strategy, policies, processes and tools are implemented appropriately and in a timely manner as well as customized to our local needs. The role of the Financial Controller will be responsible for the consolidation of financial reporting for Veolia UAE Country (actuals, forecasts, budget), performing analysis of reporting of all the entities of the scope allowing business owners to make sound management decisions. Its influence goes far beyond and impacts all corporate functions.The below statements are intended to describe the general nature and level of work being performed by the employee(s) in this job. They are not intended to be an exhaustive list of all responsibilities and activities required of the position. Therefore and due to the diverse and evolving nature of UAE activities the Financial Controller may be required to perform additional work as instructed by top management.Job DescriptionMain Accountabilities:The position of Financial Controller will be based at the Veolia UAE Country HQ office in Dubai, United Arab Emirates. It shall reports directly to the UAE Country CFO.Detailed Job Description:Your main responsibilities are:To build a strong communication structure within the UAE, collating relevant information impacting profitability and ensuring awareness by key stakeholders of financial performanceTo ensure financial reporting is accurate and deliverables are submitted within set deadlinesTo provide sound financial / non-financial performance analysis and commentaryTo help drive the financial forecasting and budget exercise and ensure a high level of accuracyTo actively participate in month end closing to ensure correct revenue and cost allocation by UAE entities and (when required) proposing appropriate accrualsTo assist UAE businesses with HQ level reporting into Veolia consolidation platform to ensure timely reportingTo actively participate in cost control projects and propose actions to ensure containment of general overheads, and ensure appropriate communication across all the departments of the organizationSupport other areas of the business in analyzing results and collating information for decision making including involvement in ad-hoc projects. This includes developing reporting tools and dashboards where appropriateTasks & ResponsibilitiesBusiness Plan, Budgeting and forecastingCoordination of budget and forecasts reporting: budget submission (yearly and monthly); two Forecasts per year (forecast) + one Long-Term PlanDevelop and maintain a budget and forecasting model which can be utilized by all UAE business’ and is compatible with Veolia financial reporting software/ERPCoordinate collection, analysis, production, and dissemination of informationMaintain a detailed working knowledge of the UAE consolidated budget and KPI’sFinancial Control and AccountingCoordination of the closings : ensure accuracy (P&L, Balance sheet, Cash Flow items) and on time submission by subsidiaries in the consolidation softwareUpdate and improvement of consolidation data and various reports: KFIs, Savings, CAPEX, Segments and bridge analysis on a regular basisControl accuracy and completeness of information reported by UAE business’. Provide provisional analysis to UAE Country CFO, of monthly position vs. budget/forecastDevelop tools to assist teams in analyzing variances against budget, forecast, and previous year in an accurate & efficient manner; linking into financial ERP dataPerform quarterly reconciliations between Veolia consolidation platform and Financial ERP to ensure accuracy of Group reporting to underlying books and recordOversight of working capital key performance indicators to activate remedial steps as and when necessary including explaining variances to budget, and action needed to improve position in line with targetTaxationAssist operating teams with AdHoc questions around VAT and Corporate Income Tax to ensure all entities are compliant with regulatory requirementsData Analytics & Process ImprovementsImplement group-wide data analytics tools to provide insights and support decision-makingLead initiatives to standardize and streamline financial processes across the groupOptimization of existing tools and systems to ensure reliability and productivity of reportingThis job description outlines the general ways in which it is expected you will meet the overall requirements of this post.The list of tasks is not an exclusive one and duties may be varied from time to time. This job description is subject to regular review.QualificationsTechnical Skills and Responsibilities:Good knowledge and practice of accounting and financial techniques (IFRS standards and local accounting and tax rules),Strong ability to solve complex accounting and tax issues and challenges and with other finance functions or operational departments,Good knowledge of accounting and financial processes for both internal control and procedural efficiency,Good knowledge of accounting and financial information systems,Ability to organize and plan the process of periodic account closings and meet accounting and tax deadlinesPersonal Attributes:Period of work experience of 8+yrs in relevant finance roles e.g. FP&A, financial planning, controlling, reportingPreference to candidates with experience in Multinational Company with matrix reporting structures and a fast-paced service environmentCPA or international accounting equivalent or Bachelor of Accounting preferredSector experience in construction, engineering or global multinational or similar, highly preferredProven financial analysis skills experience with month-end review and analysis of P&L and BSExperience with budgeting and cash forecasts, and creating financial statementsExperience with general ledger functions and the month-end/year end close processExcellent accounting software and Excel/Google sheet user and administration skillsAccuracy and attention to detail with high focus on suppliers’ paymentsPrior experience in BC365/Navision would be an advantageAdditional InformationExemplary behavior promoting security, safety, ethics and continuous improvement is the prime responsibility of all Veolia employees at all times during their employment period.SafetyComplying with the safety procedures, including wearing Personal Protective Equipment (PPEs) as and when required is compulsory for all employees. Promoting a safe behavior culture, participating in toolbox talks, reporting incidents and near misses are non-negotiable principles to ensure the safety of all employees.SecurityThe Near & Middle-East comprises multiple countries with complex political situations, which can generate some security risks for employees and their relatives. Appropriate behavior, in line with the local habits and culture is required, along with the strict compliance on security procedures when traveling to a country that has a certain level of risk as published by Veolia from time to time.Cyber securityAn employee can expose himself or the company to significant risk by not complying with the Company cyber security policy. Cyber Security is at the heart of the IT strategy with the SATAWAD (Safe AnyTime AnyWhere Any Device) strategy for which the commitment and compliance of each employee is key.EthicsThe Veolia code of conduct applies to all employees and must be applied and adhered to in general and during interaction with other stakeholders to foster and maintain exemplary relations and to inspire trust for long term and fruitful relationships.Continuous improvementBeing a world leader in sustainability and environment services brings high expectations from clients, partners and customers. Such expectations can only be fulfilled by embracing the concept of continuous improvement. Every employee is encouraged to strive towards efficiency, reduce impact on the environment and to contribute towards the well-being of society in order to strengthen our position as global leader.As an inclusive company, Veolia is committed to diversity and gives equal consideration to all applications, without discrimination.The preceding description is not designed to be a complete or exhaustive list of all duties and responsibilities that will be carried out by the selected candidate.Veolia Middle East does not and shall not discriminate in any forms in its recruitment processes.

Expected salary:

Location: Dubai

Job date: Fri, 10 Jan 2025 08:53:07 GMT

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