Finance Manager

Fujairah, United Arab Emirates

Job Description

Job description Reporting to: Managing Director Job Purpose: The Finance Manager is member of Management Team responsible for the day to day accounting and
Financial Management of the company. The Finance Manager is also responsible for budgeting, reporting on the financial performance to management and the shareholders. Dimensions: Staff reporting to the function: 1. Senior Accountant 2. Accountants Job description Principal Accountabilities Accounting: 1. Ensure required accounting policies and procedures are followed
2. Ensure all control accounts are reconciled
3. Ensure audit trails are available for all accounting functions
4. Coordinating with the statutory auditors to ensure smooth completion of the annual audit 5. Ensure timely completion of month end transactions Tax and VAT: 1. Ensure timely completion and submissions of all Tax returns required to be filed
2. Proper accounting, submission and recovery of VAT Budgeting:
3. Preparation of Annual Budget 4. Report to management and shareholders on variance from approved budget MIS: 5. Preparation of monthly management reports 6. Preparation and reporting of monthly reports to all shareholders
7. Preparation of annual financial statement as per IFRS
8. Provide various reports as requested by the shareholders
9. Provide various reports to government authorities Finance/Fund Management: 6. Ensure that sufficient funds are available to meet on-going operational and capital investment requirements 7. Secure Interest rate hedges to mitigate financial risk related to interest rate on the company\xe2\x80\x99s loans
10. Recommend maximum dividend to shareholders
11. Make timely fixed deposits of excess funds to earn interest
12. Prepare financial model for the new investments 13. Ensure prompt banking of cash and cheques received 14. Ensure all bank reconciliations are completed on a monthly basis 15. All bank accounts to be reconciled to General Ledger Debtors:
16. Follow-up accounts receivables with Commercial/Customer service department.
17. Provide receivable statement to the management Payroll:

18. Payment of monthly payroll. 19. Ensure up-to-date reconciliation of Salary deduction and other staff related accounts 20. Ensure timely deductions from staff salaries
21. Ensure timely deduction and submission of social security and other contractual and statutory obligations
22. Ensure timely completion and submissions of all returns required to be filed General:

23. Follow up on Foreign Investment Incentives 24. Managing finance staff 25. Review and streamline finance documentation and filing
26. Review and optimize work flow for finance functions
27. Support the management team to work towards achieving the company\xe2\x80\x99s goals.
28. Give input / decide together with other MT members about the company\xe2\x80\x99s overall strategy and policies 29. Provide various reports as may be required by the CEO and Shareholders 30. Manage the annual audits and Income tax assessments 31. Managing IT department Job description Minimum Requirements
  • Degree in Finance/Commerce.
  • 5-10 years of experience in similar position.
  • Must have worked in an Engineering, Procurement and Construction (EPC) Company
  • Must have led a team of employees
  • In-depth knowledge in Accounts Finalization & Reports Preparation
  • Sound knowledge in IFRS and financial modelling
  • Strong analytical ability
  • Strong Audit, Risk and Compliance related background
  • Extensive exposure in Finance & Accounting
  • Fluent in English - verbal and written.
  • Strategic thinking and positive attitude
Job Type: Full-time Ability to commute/relocate:
  • Fujairah: Reliably commute or planning to relocate before starting work (Required)
Experience:
  • Manager: 5 years (Preferred)

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Job Detail

  • Job Id
    JD1613633
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Fujairah, United Arab Emirates
  • Education
    Not mentioned