Financial Analyst – Budgeting & Reporting | AURAK

Job Description

The American University of Ras Al Khaimah (AURAK) is seeking a detail-oriented and analytical Financial Analyst – Budgeting & Reporting to join its Office of Finance.

The role supports the University’s financial reporting, accounting, budgeting, forecasting, and financial analysis activities while contributing to the improvement of financial systems, reporting tools, controls, and data-driven decision-making.

Employer: American University of Ras Al Khaimah (AURAK)
Department: Office of Finance
Location: Ras Al Khaimah, United Arab Emirates
Position: Financial Analyst – Budgeting & Reporting
Field: Finance / Accounting / Budgeting & Reporting

Financial Analyst UAE – Position Overview

The Financial Analyst will support key financial-management activities across AURAK, with responsibilities covering:

• Accounting.
• Financial reporting.
• Budgeting.
• Forecasting.
• Financial analysis.
• Budgetary control.
• Management reporting.
• Financial systems.
• ERP-enabled finance processes.
• Financial dashboards.
• Data validation.
• Process improvement.

The role requires strong analytical capability, accuracy, and the ability to translate financial information into useful reporting for management decision-making.

Accounting and Financial Reporting

A major component of the role is supporting accounting and financial-reporting activities.

Responsibilities include:

• Supporting accounting processes.
• Preparing and supporting financial reports.
• Maintaining accurate financial information.
• Ensuring completeness of financial data.
• Supporting the timely availability of financial information.
• Providing financial information for management and decision-making.

Accuracy and attention to detail are central to the position.

Budgeting and Planning

The Financial Analyst will support AURAK’s budgeting and planning activities.

Responsibilities include:

• Budget preparation and support.
• Financial planning.
• Forecasting.
• Expenditure monitoring.
• Analysis against approved plans.
• Budgetary controls.
• Variance analysis.

The role requires the ability to identify financial trends and explain differences between planned and actual performance.

Financial Analysis

The successful candidate will analyse financial information to support effective decision-making.

This includes:

• Reviewing financial data.
• Identifying trends.
• Detecting discrepancies.
• Identifying variances.
• Interpreting financial performance.
• Supporting management reporting.

Strong analytical and problem-solving skills are therefore essential.

Forecasting

The position includes responsibility for supporting financial forecasts.

The successful candidate should be able to contribute to:

• Forecast preparation.
• Financial projections.
• Budget updates.
• Performance analysis.
• Planning against approved financial targets.

ERP and Financial Systems

The Financial Analyst will support the implementation, adoption, and continued enhancement of ERP-enabled Finance processes.

The vacancy specifically identifies experience with:

• Oracle.
• Banner.

Responsibilities include helping improve Finance processes within the ERP environment and supporting effective use of financial systems.

ERP Process Improvement

The successful candidate will contribute to:

• Process improvements.
• System controls.
• Workflow enhancements.
• Finance-process standardisation.
• ERP-enabled reporting.
• Improved financial-data management.

The role therefore combines traditional financial analysis with systems-oriented Finance responsibilities.

Financial Dashboards and Reporting Tools

The Financial Analyst will develop, maintain, and use:

• Financial dashboards.
• Management reports.
• Analytical tools.
• Performance-monitoring reports.

These tools will support management reporting and provide better visibility of financial performance.

Financial Data Monitoring

The successful candidate will monitor financial data and transactions across relevant systems.

Responsibilities include:

• Reviewing transactions.
• Checking data accuracy.
• Identifying discrepancies.
• Monitoring trends.
• Coordinating corrective action.
• Supporting timely resolution of financial-data issues.

Budgetary Controls and Expenditure Monitoring

The role includes monitoring expenditure against approved financial plans.

Responsibilities include:

• Applying budgetary controls.
• Monitoring expenditure.
• Comparing actual expenditure against budgets.
• Supporting forecasts.
• Analysing deviations.
• Highlighting financial risks or unusual trends.

Finance Systems Support

The Financial Analyst will provide Finance-related support for:

• System changes.
• System testing.
• Reporting requirements.
• Data validation.
• User requirements.

This requires the ability to work across both Finance and systems-related activities.

Key Result Areas

The position is divided between two principal Key Result Areas:

Key Result Area	Weight
Accounting and Financial Reporting	60%
Budgeting and Planning	40%

The largest component of the role is therefore Accounting and Financial Reporting, representing 60% of the stated workload.

Academic Qualification

Applicants must hold a:

• Bachelor’s degree in Accounting or Finance.

Professional Qualification

Applicants are required to hold a professional qualification such as:

• ACA.
• ACCA.
• CPA.
• CMA.

Experience Requirement

Applicants must have:

• A minimum of four years of relevant experience in accounting, financial reporting, and budgeting within a large organisation.

Accounting and Financial Skills

Candidates should demonstrate:

• Strong accounting skills.
• Strong financial-analysis skills.
• Budgeting capability.
• Forecasting capability.
• Financial-planning skills.
• Financial-reporting skills.
• Data-interpretation ability.

Analytical Skills

Applicants should demonstrate:

• Strong analytical ability.
• Strong problem-solving skills.
• Ability to identify trends.
• Ability to identify discrepancies.
• Ability to identify variances.
• High attention to detail.
• High level of accuracy.

ERP and Systems Knowledge

Candidates should be proficient in working with:

• Financial systems.
• ERP environments.

The role specifically includes Finance processes involving Oracle and Banner.

Communication and Collaboration

The successful candidate should demonstrate:

• Effective communication skills.
• Strong interpersonal skills.
• Ability to work collaboratively.
• Ability to coordinate with colleagues across different departments.

Organisation and Time Management

The role requires:

• Strong organisational skills.
• Effective time management.
• Ability to manage financial-reporting deadlines.
• Ability to prioritise responsibilities.
• Consistent accuracy under operational demands.

Professional Ethics

Candidates are expected to demonstrate:

• High standards of professional ethics.
• Integrity.
• Service excellence.
• Commitment to achieving results.

Language Requirement

Applicants must demonstrate:

• Advanced proficiency in speaking, reading, and writing English.

Working Relationships

The Financial Analyst will work with:

• AURAK staff.
• External auditors.
• Tax and VAT authorities.
• Other relevant external parties.

Key Professional Behaviours

AURAK identifies the following behaviours as important for the position:

• Service excellence.
• Professional ethics and integrity.
• Problem-solving.
• Time management.
• Teamwork.

About the American University of Ras Al Khaimah

The American University of Ras Al Khaimah (AURAK) is an independent higher-education institution in the United Arab Emirates offering undergraduate and graduate education through an American-style academic model.

According to the vacancy information, AURAK’s programmes are accredited by the relevant UAE authorities, and the University is also accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).

AURAK states that it values diversity, inclusiveness, cultural authenticity, and equal employment opportunity.

Application Requirement

Candidates must create an account before applying for this position.

Job Summary

Employer	American University of Ras Al Khaimah (AURAK)
Department	Office of Finance
Location	Ras Al Khaimah, United Arab Emirates
Position	Financial Analyst – Budgeting & Reporting
Field	Finance / Accounting / Budgeting & Reporting
Required Qualification	Bachelor’s degree in Accounting or Finance
Professional Qualification	ACA, ACCA, CPA, CMA, or similar stated professional qualification
Experience Requirement	Minimum 4 years in accounting, financial reporting, and budgeting within a large organisation
Primary KRA	Accounting and Financial Reporting – 60%
Secondary KRA	Budgeting and Planning – 40%
ERP / Financial Systems	Oracle and Banner
Core Areas	Accounting, financial reporting, budgeting, forecasting, analysis, dashboards and expenditure monitoring
External Stakeholders	External auditors, tax/VAT authorities and other relevant external parties
Language Requirement	Advanced proficiency in spoken, written and reading English
Application Requirement	Candidate account required before applying
Application Deadline	Not stated