Company Description

For 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 Arabia

40 years of sustainable partnerships

 

In 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 our Website

Job Description

Context

Veolia 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 Description

Main 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 performance 

To ensure financial reporting is accurate and deliverables are submitted within set deadlines

To provide sound financial / non-financial performance analysis and commentary

To help drive the financial forecasting and budget exercise and ensure a high level of accuracy

To actively participate in month end closing to ensure correct revenue and cost allocation by UAE entities and (when required) proposing appropriate accruals

To assist UAE businesses with HQ level reporting into Veolia consolidation platform to ensure timely reporting 

To 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 organization

Support 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 appropriate

 

Tasks & Responsibilities

Business Plan, Budgeting and forecasting

Coordination of budget and forecasts reporting: budget submission (yearly and monthly); two Forecasts per year (forecast) + one Long-Term Plan

Develop and maintain a budget and forecasting model which can be utilized by all UAE business’ and is compatible with Veolia financial reporting software/ERP

Coordinate collection, analysis, production, and dissemination of information

Maintain a detailed working knowledge of the UAE consolidated budget and KPI’s 

Financial Control and Accounting

Coordination of the closings : ensure accuracy (P&L, Balance sheet, Cash Flow items) and on time submission by subsidiaries in the consolidation software

Update and improvement of consolidation data and various reports: KFIs, Savings, CAPEX, Segments and bridge analysis on a regular basis

Control accuracy and completeness of information reported by UAE business’. Provide provisional analysis to UAE Country CFO, of monthly position vs. budget/forecast

Develop tools to assist teams in analyzing variances against budget, forecast, and previous year in an accurate & efficient manner; linking into financial ERP data 

Perform quarterly reconciliations between Veolia consolidation platform and Financial ERP to ensure accuracy of Group reporting to underlying books and record

Oversight 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 target

Taxation

Assist operating teams with AdHoc questions around VAT and Corporate Income Tax to ensure all entities are compliant with regulatory requirements

Data Analytics & Process Improvements

Implement group-wide data analytics tools to provide insights and support decision-making

Lead initiatives to standardize and streamline financial processes across the group

Optimization of existing tools and systems to ensure reliability and productivity of reporting

 

This 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.

Qualifications

Technical 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 deadlines

 

Personal Attributes:

Period of work experience of 8+yrs in relevant finance roles e.g. FP&A, financial planning, controlling, reporting

Preference to candidates with experience in Multinational Company with matrix reporting structures and a fast-paced service environment

CPA or international accounting equivalent or Bachelor of Accounting preferred 

Sector experience in construction, engineering or global multinational or similar, highly preferred

Proven financial analysis skills experience with month-end review and analysis of P&L and BS

Experience with budgeting and cash forecasts, and creating financial statements

Experience with general ledger functions and the month-end/year end close process

Excellent accounting software and Excel/Google sheet user and administration skills

Accuracy and attention to detail with high focus on suppliers’ payments 

Prior experience in BC365/Navision would be an advantage

Additional Information

Exemplary behavior promoting security, safety, ethics and continuous improvement is the prime responsibility of all Veolia employees at all times during their employment period.

 

Safety 

Complying 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. 

Security 

The 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 security 

An 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.

Ethics

The 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 improvement 

Being 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.