Finance Manager

Dubai, United Arab Emirates

Job Description

Job Title:
Finance Manager
Reporting To:
General Manager
Department :
Finance
Location: Dubai
1. Job Purpose:
Finance Manager will monitor the day to day finance operations and supervise the department. He will be responsible for producing company accounts and making sure our accounting and reporting standards meet the related financial regulations
2.Main Accountabilities / Duties:

  • Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions
  • Oversee the operations of the finance department, including the design of an organizational structure adequate for achieving the department's goals and objectives
  • preparing and interpreting reports, accounts, commentaries and financial statements
  • managing the company's financial accounting, monitoring and reporting systems
  • Oversee financial department employees, including financial assistants and accountants
  • providing and interpreting financial information
  • developing financial management mechanisms that minimize financial risk
  • researching and reporting on factors influencing business performance
  • Conducting reviews and evaluations for cost-reduction opportunities
  • liaising with auditors to ensure annual monitoring is carried out
  • producing accurate financial reports to specific deadlines
  • Manage the preparation of the company's budget
  • Report to management on variances from the established budget, and the reasons for those variances
  • Assist management in the formulation of its overall strategic direction
  • arranging new sources of finance for a company's debt facilities
  • Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the land Revenue/Land Authority
  • Oversee the extension of credit to customers
  • liaising with managerial staff and other colleagues.
  • formulating strategic and long-term business plans
  • Understand and adhere to financial regulations and legislation and keeping abreast of changes in financial regulations and legislation
  • Track the company's financial status and performance to identify areas for potential improvement
  • Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making
  • Review financial data and prepare monthly and annual reports
  • Present financial reports to board members, stakeholders, executives, and clients in formal meetings and Create additional analyses and reports as requested by management
  • Stay up to date with technological advances and accounting software to be used for financial purposes
  • developing and managing financial systems/models, and Establishing and maintaining documented system of financial policies and procedures for the company
  • undertaking research into pricing, competitors and factors affecting performance
  • controlling income, cash flow and expenditure
  • Forecast cash flow positions, related borrowing needs, and available funds for investment
  • Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
  • Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows
3. Requirements:
Experience
  • At least 5-6 years' proven experience is required in similar role in the same industry.
  • Overall experience 7 years in UAE.
Qualifications
  • Bachelor's degree In Finance or Accounting
  • Professional Qualification will be preferred (CA, ACCA etc.)
3. Knowledge & Skills Good understanding of basic and Generally Accepted Accounting Principles (GAAP)
Good Knowledge of International Financial Reporting Standards - IFRS
Effective oral and written English skills.
Expert level of proficiency in Microsoft Excel
Good Management and Leadership skills and ability to lead teams
High level of attention to detail and accuracy
Ability to plan and organise multiple simultaneous tasks efficiently
Ease in communicating with colleagues and third parties via email
Ability to work independently and ask for clarification where needed
Ability to communicate and to work as part of a team
Experience with Finance Software and ERP systems Job Types: Full-time, Permanent Salary: AED1.00 per month Experience:
  • Manager: 1 year (Preferred)

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Job Detail

  • Job Id
    JD1411076
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned