Finance Manager

Dubai, United Arab Emirates

Job Description

A Finance Manager plays a crucial role in overseeing the financial operations of an organization. They are responsible for managing and monitoring financial activities, providing strategic financial guidance, and ensuring the company\'s financial health and compliance. Here is a comprehensive job description for a Finance Manager: 1.Financial Planning and Analysis:

  • Develop and implement financial strategies, budgets, and forecasts to support the organization\'s goals and objectives.
  • Conduct financial analysis, evaluate financial performance, and provide recommendations for improvement.
  • Prepare and present financial reports, including profit and loss statements, balance sheets, and cash flow statements, to senior management and board members.
2.Budgeting and Cost Management:
  • Collaborate with department heads to create and manage budgets, monitor expenses, and control costs.
  • Identify areas for cost reduction, efficiency improvement, and revenue generation.
  • Ensure adherence to budgetary guidelines and compliance with financial regulations.
3. Cash Flow Management:
  • Monitor and manage cash flow to optimize working capital and meet financial obligations.
  • Develop and implement cash management strategies, including forecasting cash needs and managing cash inflows and outflows.
  • Ensure appropriate cash reserves are maintained to support day-to-day operations and long-term financial stability.
4.Financial Reporting and Compliance:
  • Ensure compliance with accounting principles, laws, regulations, and reporting standards.
  • Prepare and review financial statements, tax filings, and other financial reports to ensure accuracy and compliance.
  • Coordinate audits and examinations by external auditors and regulatory agencies.
5.Financial Risk Management:
  • Identify and assess financial risks and implement risk mitigation strategies.
  • Monitor market trends, economic indicators, and industry developments that may impact the organization\'s financial performance.
  • Develop and implement internal controls and financial policies to safeguard company assets and prevent fraud.
6.Team Leadership and Collaboration:
  • Manage and mentor the finance team, providing guidance, training, and performance evaluations.
  • Collaborate with cross-functional teams, such as operations, sales, and marketing, to align financial strategies with overall business objectives.
  • Foster effective communication and collaboration with internal and external stakeholders, including banks, investors, and regulatory bodies.
Requirements:
  • Bachelor\'s degree in finance, accounting, or a related field (a master\'s degree or professional certification, such as CFA or CPA, is often preferred).
  • Proven work experience as a Finance Manager or in a similar financial management role.
  • Strong knowledge of financial principles, practices, and regulations.
  • Proficiency in financial analysis, budgeting, and financial software tools.
  • Excellent leadership, communication, and interpersonal skills.
  • Ability to analyze complex financial data, interpret trends, and provide strategic insights.
  • Attention to detail, accuracy, and strong problem-solving abilities.
Job Type: Full-time Salary: AED17,000.00 - AED20,000.00 per month Education:
  • Bachelor\'s (Required)
Experience:
  • Marketing Coordinator based in UAE: 3 years (Required)
Application Deadline: 05/07/2023
Expected Start Date: 14/08/2023

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Job Detail

  • Job Id
    JD1556825
  • 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