Director of Revenue Protection at Emirates Post Group

Dubai, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

02 Jul, 26

Salary

0.0

Posted On

03 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Auditing, Revenue Management, Financial Reporting, Risk Assessment, Strategic Planning, Leadership, Project Management, Budgeting, Compliance, Financial Analysis, Problem-solving, Negotiation, Communication, Regulatory Compliance, Team Management

Industry

Logistics;Transportation;Supply Chain and Storage

Description

Strategy, Policy and Procedure · Lead the development and implementation of financial Audit plans and strategies ensuring thorough coverage of all financial activities, compliance requirements and auditing standards. · Support the management through continuous improvement of revenue management processes, policies and best practices, adaptive to changes in business sector requirements. · Define key performance indicators and success metrics for the team. · Maintain the confidentiality of the information relating to work, to protect the interests and activity of the Company. Financial Audits Management · Lead and oversee financial audits on licensees to ensure they comply with levy calculation methods, settle fees promptly and submit accurate information to regulator. · Lead and oversee the execution of audits, including risk assessments, designing audit procedures and issuing audit reports. · Monitor financial planning and budgeting processes within the licensing companies. · Oversee the auditing process including financial audit reports, submitted by the licensees to ensure accuracy, completeness and compliance with regulations. · Effectively convey financial audit findings to senior management, ensuring clarity and understanding of identified areas for improvement in financial accountability. · Lead and manage a team of auditors to conduct regular financial audits of licensees. · Ensure that licensees comply with regulatory requirements, licensing agreements and industry standards related to financial reporting, fee calculations and revenue recognition. · Identify financial risks and control weaknesses within licensee operations, providing recommendations for risk mitigation and process improvement to enhance financial controls and compliance. · Ensure compliance with auditing standards, legal regulations, and licensing requirements applicable to financial audits, maintaining independence and objectivity in audit activities. · Uphold ethical standards and promote a culture of integrity and accountability within the auditing function. · Stay informed about changes in licensing laws, regulations, and industry trends to adapt strategies accordingly. Revenue Protection · Oversee annual and quarterly payments collection and EPG fee calculations for the Unit. · Review quarterly returns submitted by licensees to settle their fees and identify any discrepancies. · Ensure effective coordination with the Group Finance team for financial reporting. Continuous Improvement · Drive continuous improvement initiatives within the audit function, implementing best practices, leveraging technology, and enhancing audit methodologies to increase efficiency and effectiveness. · Analyse market dynamics based on annual and quarterly reports from players and identify key trends for regulatory updates. Budget Control · Manage the financial resources allocated to the audit function, ensuring effective budget planning, utilization and control to optimize audit activities and achieve organizational objectives. Synergies with Stakeholders · Collaborate with other departments to address issues related to compliance gaps and recommend corrective actions. · Provide strategic guidance and actionable recommendations to stakeholders based on audit findings to enhance financial transparency fostering informed decision-making. Reports · Provide periodic reports detailing financial Audits and related revenue growth to facilitate effective decision-making. Talent Management · Ensure a high standard of employee motivation through regular employee communication, training and equipping with the best tools to achieve the maximum results. · Set comprehensive goals for performance & growth ensuring the team is capable of delivering the strategic intent. Other Tasks · Perform any other responsibilities relating to this job request or work task as allocated by the Line Manager.

Responsibilities

The Director of Revenue Protection will lead financial audit strategies and oversee compliance activities to ensure accurate revenue reporting and fee collection. They are responsible for managing a team of auditors, mitigating financial risks, and providing strategic guidance to senior management.