Budgeting and compliance officer

Job Description

Job Purpose

A detail-oriented and analytical professionalto oversee the university's budgeting process, internal controls system, and regulatory compliances. This role ensures accurate budgeting, financial planning, and compliance with internal policies and external regulations.

1. Budget Management

• Assist in coordinating the annual budgeting process in collaboration with department heads.
• Facilitate review and consolidation of departmental budgets.
• Monitor and analyze actual vs. budgeted expenditure and provide variance analysis reports.
• Recommend cost-saving initiatives and improvements in budget controls.
• Support forecasting and financial planning activities.

1. Internal Controls & Compliance

• Ensure adherence to financial policies, procedures, and internal controls.
• Assist in internal and external audits, providing necessary documentation and explanations.
• Maintain up-to-date knowledge of regulatory requirements related to financial transactions.
• Assist in designing, implementing, and maintaining internal financial controls and procedures.
• Support in evaluating the effectiveness of existing controls and recommend improvements.
• Facilitate periodic risk assessments and control reviews across financial processes.
• Assist in compliance reporting and filings to regulators, donors, and other stakeholders.
• Support initiatives to automate and streamline financial processes.

1. Reporting & Analysis

• Prepare periodic financial reports related to budgeting and supporting analysis.
• Provide insights and recommendations to inform financial decision-making.
• Monitor KPIs related to budgeting and payables and suggest improvements where necessary.
• Ensure compliance with all relevant (internal and external) regulations including QHSE requirements using RIT policies and procedures as appropriate
• Perform other tasks and duties as assigned/needed in order to meet the requirements of the role and the goals of the University

• Bachelor's degree in Accounting, Finance, or a related field (CPA, CIA, CMA preferred).
• Minimum of 3 years experience in budgeting, financial planning, and internal controls audit.
• Strong knowledge of accounting principles, financial systems, and ERP software.
• Proficiency in Microsoft Excel and other financial reporting tools.
• Excellent analytical, organizational, and problem-solving skills.
• Strong attention to detail and commitment to accuracy.
• Preferred Arabic speaker.

• Big 4 audit experience (internal audit would be preferable).
• Prior experience in the education sector is preferable (but not required).
• Proven knowledge of UAE tax laws and regulations.
• Proven knowledge of financial reporting standards (e.g., IFRS).
• SOX audit experience would be a plus.

Application Procedure:

Please email your application to [Confidential Information] and include the following in your application:

• Subject line must include the source, your name and position you are applying for;

• Cover letter detailing your technical/professional, teaching, and scholarship qualifications and achievements
• Resume or curriculum vitae
• Contact information

Applications review will begin immediately and continue until a candidate is selected. Only shortlisted candidates will be contacted. For more information, please visit RIT Dubai website: www.dubai.rit.edu.