Senior Financial Analyst

Role Overview

The Senior Financial Analyst position at Control Risks in Dubai provides crucial financial and payroll assistance to the High Risk Managed Services (HRMS) division. This role encompasses end-to-end financial accounting, comprehensive reporting, payroll verification, and strategic support to various teams within HRMS.

Key Responsibilities

• Manage month-end and year-end close processes to ensure timely and accurate financial reporting.
• Analyze financial results, highlighting significant deviations from budgets, forecasts, and previous periods, providing insightful commentary.
• Conduct balance sheet reconciliations and investigate discrepancies effectively.
• Guarantee the accuracy and completeness of income records for the HRMS department.
• Prepare and review journal entries including accruals and necessary adjustments.
• Monitor project profitability and report realization related to HRMS initiatives.
• Support budgeting and forecasting by delivering precise financial data and business insights.
• Ensure adherence to International Financial Reporting Standards (IFRS) and company-specific accounting policies.
• Collaborate with tax, commercial finance, and operational departments on accounting and reporting matters.
• Provide financial advice on matters such as foreign exchange and taxation.
• Oversee monthly expatriate payroll review ensuring alignment with HR data and accurate booking of amounts.
• Verify appropriate documentation for employee joiners, leavers, and contract changes.
• Maintain sound knowledge of DIFC Employment Law and calculations related to Iraq personal taxes.
• Assist in resolving payroll-related queries and challenges as they arise.
• Provide occasional financial support to the HRMS Executive Committee and department as needed.
• Facilitate setup and reporting requirements for new legal entities and business expansions.
• Contribute to local statutory and group reporting obligations and assist with internal and external audits.
• Identify and implement improvements to reporting processes, automation possibilities, and financial controls.
• Support the Financial Controller and Regional Finance Director with various financial tasks.

Candidate Profile

• Proven experience in management accounting and analytical accounting roles.
• Practical know-how in preparing budgets and financial forecasts.
• Advanced proficiency in Microsoft Excel.
• Preferred experience includes financial support within consulting firms, commercial support including pricing, audit exposure, working in global businesses, and statutory accounting.
• Must have achieved at least a part-qualified status in a recognized accounting qualification.
• Capability to proactively resolve issues within responsibilities and escalate when necessary.
• Creative thinker who encourages innovative solutions and adapts analysis to meet client needs.
• Driven to meet personal and departmental goals exceeding expectations.
• Sound judgment skills and emphasis on exceptional client service.
• Thorough understanding of business strategy and contribution to broader organizational goals.
• Global mindset factoring regional and global impacts of decisions, with relationship building across teams and regions.
• Advocate for continuous improvement in cost management and margin enhancement.
• Adaptability to changing environments and ambiguous situations, modifying behavior as necessary.
• Effective communicator with sensitivity to foster strong collaborative relationships.

Behaviors and Values

All employees are expected to embody the organization's values including Integrity and Ethics, Collaboration and Teamwork, Commitment to People, and Professionalism and Excellence.

Benefits

• Competitive and transparent compensation and benefits package outlined during job offer.
• Private medical insurance coverage.
• Annual housing allowance provided.
• Mandatory employer contributions monthly to the DIFC Employment Workplace Saving Scheme.
• Commitment to equal opportunity employment encouraging diverse candidate applications and ensuring non-discriminatory recruitment processes.