Associate Financial Reporting Fixed Term - 1 Year Renewable

About Us:

Mubadala is a global and responsible investor with US$385 billion assets under management, five global offices and business investments in 50+ countries. While creating sustainable financial returns for the Government of Abu Dhabi, we deliver impact and help find solutions to the world’s biggest challenges.

We aim to double the size of our portfolio over the next decade. For this, we need the very best talent at all levels who are looking to take on a new challenge to meaningfully support the growth of the business and contribute to the future of the UAE and the world.

As a business, we aim to double the size of our portfolio over the next decade. To achieve this, we are seeking talent with corporate experience that can contribute to the organization’s success across local and global offices, including London, Beijing and New York.

Join a team that is at the heart of change and be part of Abu Dhabi’s economic diversification and investment opportunities globally in partnership with some of the world’s largest financial institutions.

Find out more about how you can add value to our business.

What you will do:

Financial Governance and Reporting mandate is to serve Mubadala as a gateway to clarity and confidence. We specialize in delivering accurate, timely, and transparent financial information, ensuring compliance with regulations, and fostering productive partnerships and trust. Our commitment to precision and efficiency empowers strategic decision-making, and we leverage streamlined processes and advancing technology to create a foundation for financial sustainability and success. Our responsibility includes, Financial Reporting, Regulatory Reporting, Management Reporting, Corporate & Business Units support, Controls, Business Improvement, and Outsourced Services.

Job Purpose:

• Support the Corporate & Financial Reporting team with technical financial reporting aspects related to certain investments which are being managed by Corporate Units.
• Undertake technical accounting aspects related to corporate transactions and investments.
• To manage, report on and continuously monitor the financial performance of the various Corporate Units.
• To partner with Corporate Units and provide required financial insight and guidance in relevant finance areas to the respective management teams.
• To support Corporate Units in delivering timely & quality performance and statutory reporting.
  
  

Key Accountabilities:

Financial & Statutory Reporting

• Assist with preparation of consolidated financial and statutory reports by collaborating with Treasury and Strategy teams to ensure compliance within wholly owned Mubadala investee companies, for review by the Vice President, Financial Reporting, to produce accurate group-wide financial disclosures.
• Develop regulatory returns and quality assure the data used as inputs into these returns in order to validate the quality and integrity of financial information gathered and to assure the quality of statutory and regulatory disclosure.
• Assist the Monthly/Quarterly/Annual closing of accounting books to a high standard.
• Preparation and review of journals.
• Critical review of investee submissions.
• Financial statement notes preparation and review.
• Analytical review and explanation of variances in the numbers.
• GL/TB review to ensure accurate and appropriate.
• Assist the financial audits. Preparation of information required by auditors. Liaise with auditors on audit planning and resolve audit issues as they arise.
• Prepare and maintain accounting position papers, policies and procedures for individual investments (including acquisitions, disposals and other monetization).
• Ongoing maintenance/review/reconciliation of books ensuring accuracy and quality of information.
• Review of new investment documentation and conclusion of classification of investment.
  
  

Treasury Accounting

• Reconciliation of transactions from Treasury Management Systems to Oracle.
• Prepare and circulate related party and bank confirmations for periodic audits.
• Review financial statements and disclosures for standalone financial statements and sub-consolidated financial statements related to Mubadala treasury entities.
• Compare valuations of certain internal and external portfolios to supporting third party documents.
  
  

Management Reporting

• Complete all financial reporting activities as per the timetable set by the central reporting team. These activities include: reviewing and posting accrual and reclassification journals, reviewing relevant AR invoices, updating financial forecasts, etc.
• Prepare and share monthly financial reports for Corporate Divisions and Platforms with the respective management teams.
• Manage, report on and continuously monitor the financial performance of the various Corporate Divisions with particular focus on budget management.
• Review submissions of monthly financial reports prepared by Corporate Entities to ensure complete and accurate data for consolidation
  
  

Finance Business Partnering

• Partner with Corporate Platform & Unit management teams and provide required financial insight and guidance including participation in Division-led initiatives and activities, as required.
• Provide relevant support to management in various finance areas, including any additional budget or reporting requirements, financial policy queries, etc. to support decision making and the Division’s ability to deliver against previously-defined goals.
• Review purchase requisitions, contract uploads, work releases, new hire requisitions, etc. initiated by Corporate Divisions and ensure timely responses to these requests.
  
  

Audit and Tax Related Deliverables

• On site liaison with local auditors and/or assurance providers.
• Assist Corporate teams with providing support for transfer pricing, review of tax calculations and Audit Documentation.
  
  

What will you bring:

To succeed within this role, you will bring a strong mix of practical experience, technical skills and business skills, including the following:

Minimum Qualifications:

• Bachelor’s degree in finance, accounting or business administration.
• Achieved an internationally recognised accounting qualification e.g. ACA/ACCA/CA
  
  

Minimum Experience:

• Minimum of 5 years’ experience (post qualification) of audit and accounting experience in a Big Four firm in progressively more complex and senior-level roles across finance, audit and risk functions with specific experience in handling complex accounting structures and transactions
  
  

Knowledge:

• Demonstrates outstanding working level experience of preparing reports and presentations for senior management, boards and committees
• Demonstrates strong technical knowledge and analytical skills and the ability to advice and influence key stakeholders
• Knowledge of Oracle Fusion and Oracle EPM platforms is an advantage
• Prior experience with private equity and funds accounting is a plus
  
  

Key Attributes:

• Good knowledge of IFRS and IAS disclosure requirements
• Current knowledge of legislative and reporting frameworks/procedures
• Multi-lingual with good command of English
• Advanced excel and PowerPoint skills
• Knowledge of Oracle ERP and EPM consolidation systems preferred
• Relationship management
• Strong interpersonal skills
• Ability to question and challenge in a constructive manner
• Highly structured and organized
• Integrity
  
  

What we offer:

A superior platform to grow your career including:

• Great working environment with talented colleagues
• Hybrid working and wellness benefits to help you live your best work and private life.
• Opportunity to grow and develop through learning and experience.
• Excellent work culture enabled by our values of Accountability, Inspiration, Integrity & Partnership
  
  

Mubadala has an engrained working culture, enabled by our values of Accountability, Inspiration, Integrity & Partnership. You will operate in a diverse, energetic and forward-thinking environment with hybrid working and wellness benefits to help you grow and develop and market leading pay and benefits.

Key Indicators:

• Location: Abu Dhabi
• Flexible Working: Remote working up to 5 days a month

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