Controller - Finance

Job Number

Position Summary

UAE Nationals are encouraged to apply

New York University Abu Dhabi (NYUAD) seeks to appoint a Controller, reporting to the NYUAD CFO.

The NYUAD Controller is responsible for financial operations of the NYU branch campus in Abu Dhabi, providing leadership and ensuring successful performance of all activities performed by the finance team. The Finance Department is organized into the units of Accounts Payable (AP), Payroll and Taxes, Financial Accounting, Student Finance, Cashiering, Governance and Training. The Controller oversees these functions and provides strategic direction, guidance and support and engages as necessary with the units to ensure highly functional performance. The Controller is responsible to ensure that the finance systems in use are adequate and appropriate for the level and complexity of financial activity being processed and reported by the Finance Department. The Controller provides the leadership and guidance necessary to ensure compliance with policies and standards of NYUAD, NYU, GAAP, the NYUAD sponsor, and requirements of other authoritative sources, including the US and UAE governments.

The Controller maintains a relationship with stakeholders including but not limited to; NYU-NY Controllers’ Division, NYUAD’s Government Sponsor, NYUAD CFO Functions and the wider NYUAD Community.

Key Responsibilities:

Strategy and Planning

  • Develop financial/ strategic goals and objectives for NYUAD Controllers Department
  • Develop roadmap for systems development and improvements to support the Controller’s Department operational activities
  • Ensure compliance with applicable legal and regulatory requirements e.g. US GAAP, NYU, NYUAD policies and procedures including meeting any requirements of the US and UAE Governments
  • Direct all company-wide financial planning, control, and reporting policies and practices

Finance Department Operations:

  • Ensure systems, processes and controls are in place to the accurate and timely recording of all financial transactions and a system for review and reconciliation of transactions is in place and working as intended
  • Oversee preparation of all financial reports, including not limited to, monthly, quarterly and annual financial reporting and the NYUAD 990
  • Oversee internal and external audits, ensuring management responses to any issues identified during audit are implemented
  • Assess on-going changes within accounting standards or applicable legislative requirement and their implication on policies, processes and reporting. Ensure units implement any required changes in a timely and effective manner
  • Oversee the correct recording and accounting for Fixed Assets within the asset module in accordance with the University policies and sufficient controls to safeguard NYUAD assets
  • Ensure a system of controls is maintained for Billing and Receivables (non student).
  • Oversee the operations of the student finance services and ensure all student billing, stipends, meal plans, books and student relations activities are carried out efficiently
  • Oversee delivery of timely and accurate payroll (student, monthly and off-cycle)
  • Ensure the appropriate cash handling process are in place for safeguarding of petty cash and cashiering across the University
  • Ensure timely and accurate submission of VAT returns
  • Oversee the handling of all payable transactions for the University, including but not limited to vendor payments, employee and student reimbursements, Pcard and petty cash transactions
  • Oversee governance and quality assurance across the University including managing the Delegation of Authority (DoA) database, reviewing the University’s requirements for new technology, reviewing training materials and delivery and driving a culture of continuous improvement aimed at enhancing operational efficiency across NYUAD
  • Perform ongoing reviews and checks to ensure that ERP transactions, including Grants, SIS and intercompany related transactions, are functioning properly and interfacing to the General Ledger correctly and in line with applicable NYUAD policies and procedures

Stakeholder and Relationship Management:

  • Build and maintain trusted relationships across the functions of the CFO Office
  • Maintain strong relationships with Government Partners and Sponsors
  • Coordinate with NYU Controllers Department as necessary to ensure a smooth relationship and that the reporting, systems and data needs of both NYUAD and NYU are met, also support agreements and adhoc requirements that may arise from time to time
  • Promote the Controller’s Department across the NYUAD Community, ensure a high-level of customer service is maintained, support finance related activities requested by departments ensuring adequate controls and processes are in place

Queries Management:

  • Oversee the process of receiving and resolving queries from the NYUAD community for all transactions within the Finance Department
  • Act as an escalation point for all queries related to the Finance Department

Team Management:

  • Manage and direct day-to-day operational activities of direct reports to ensure timely delivery of activities
  • Provide ongoing career development, support and coaching for direct reports
  • Provide feedback to team, and identify need based training requirements for direct reports
  • Plan for adequate staffing and appropriate work allocation across the Finance Department functions to meet operational requirements

Required Education:

  • Bachelor’s degree in Finance or Accounting

Preferred Education:

  • MBA

Required Experience:

  • 8-10 years of progressive accounting experience including financial statement analysis and development of accounting processes and systems of which at least 5 years of experience within a managerial role or a supervisor role
  • Advance working knowledge of MS Excel and MS Word
  • Hands-on experience with double entry accounting system(s), and preferably ERP type system or other major systems/modules that interface with GL
  • Experience producing GAAP-compliant financial statements
  • Strong analytical, problem solving, planning and project management skills
  • Ability to work flexibly and effectively in a team environment
  • Ability to understand long term goals and broader planning parameters and set new processes in motion to fulfill those goals
  • Ability to manage multiple complex tasks at once

Preferred Experience:

  • Experience in higher education institutions, multi-national organizations, and/ or highly decentralized organizations
  • Experience with Peoplesoft or Oracle or similar ERP

Other Information

NYU Abu Dhabi is a degree-granting research university with a fully integrated liberal arts and science undergraduate program in the Arts, Sciences, Social Sciences, Humanities, and Engineering. NYU Abu Dhabi, NYU New York, and NYU Shanghai, form the backbone of NYU’s global network university, an interconnected network of portal campuses and academic centers across six continents that enable seamless international mobility of students and faculty in their pursuit of academic and scholarly activity. This global university represents a transformative shift in higher education, one in which the intellectual and creative endeavors of academia are shaped and examined through an international and multicultural perspective. As a major intellectual hub at the crossroads of the Arab world, NYUAD serves as a center for scholarly thought, advanced research, knowledge creation, and sharing, through its academic, research, and creative activities.