Executive Director, CFO - United Arab Emirates University

Job DescriptionThe Chief Financial Officer and his/her teams will be responsible for financial planning; budget development, budget analysis and execution; testing, refinement and implementation of allocation methodologies; maintenance of complex, integrated accounting systems; accounts payable; payroll; accounts receivable; cashier functions; banking; internal controls; procurement; costing analysis and, financial reporting • The CFO contributes to the development of University-wide strategic planning and directs the formulation and execution of the University’s financial plans and operations in a manner consistent with the University’s strategic plans. • Participating in developing action plans and major programs for the department and supervising their implementation after their approval. • Coordinating, supervising and organizing work between Financial Affairs’ sections and the department as a whole. • Proposing the suitable financial policies and procedures • Issuing the necessary internal instructions that include the proper conduct of work within the department. • Serving as a chair or a member in committees and taskforces formed by decisions of the Vice-Chancellor or the Secretary-General. Detailed Duties • Oversee the integration of all financial functions, including: reporting, cash management, diversifying revenues, collections, cash flows, and research funding. • Establish appropriate metrics to measure and motivate business unit performance. This person will be the implementer and driver of change. • Develop, evaluate, and communicate short- and long-term fiscal strategies that align with the Strategic Plan. Such strategies will incorporate the use of budget and data analyses, financial planning, resource assessment, financial modeling, and forecasts. • Directs the formulation and execution of the University’s financial plans and operations in a manner consistent with the University’s strategic plans. • Advise the Vice-Chancellor and the Secretary-General on the allocation and administration of the University budget, while proactively positioning the University to best navigate a dynamic financial landscape. • Provide financial oversight and direction to the core service functions of the Sections: Budget and Financial Analysis, Financial Operations, and Management Accounting & Reporting. • Represent the University in external negotiations and discussions with various Federal Government agencies and external organizations on finance-related matters. • Manage relationships with College and Department finance officers. • Provide leadership on to financial reporting and analysis and ensure that all fiscal-related policies and procedures are in compliance with all regulatory requirements and optimize the University’s performance • Perform fiscal analyses for legislative and campus-wide initiatives. • Analyze the University’s revenue streams, financial ratios, and proposals for capital projects and develop alternative strategies, as appropriate • Serve as the focal point for the development of the overall university finance function. Assess the current capabilities within the organization and identify which resources must be strengthened. • Ensuring timely and accurate completion of the university’s financial statements and coordination of the external audit. • Supervising employees in developing annual budgets that support operational plans and submitting budgets for approval. • Making appropriate decisions related to the department in coordination with the relevant university administration.