Group Finance Controller
Dubai, United Arab Emirates
Job Description
The Financial Controller is a key leadership role responsible for overseeing the financial operations and ensuring the financial health of the organization. The role encompasses a wide range of financial activities, from strategic planning and analysis to financial reporting, risk management, and team leadership. The position plays a critical role in supporting decision-making by providing accurate financial insights to the top Management and ensuring compliance with regulatory requirements. Financial Planning and Analysis:
- Develop and implement financial strategies, budgets, and forecasts for the group of companies.
- Analyze financial data, identify trends, and provide actionable insights to support decision-making.
- Monitor and report on financial performance, identifying areas for improvement and recommending solutions.
- Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
- Ensure compliance with local accounting standards and regulations.
- Provide financial reports and analysis to senior management, stakeholders, and external auditors.
- Identify and assess financial risks, implementing effective risk mitigation strategies.
- Establish and maintain internal controls to safeguard company assets and ensure adherence to corporate policies.
- Safeguard company assets and investments by monitoring financial activities.
- Manage cash flow, liquidity, and working capital to support operational requirements.
- Develop and implement cash management strategies to optimize the efficient use of funds.
- Monitor banking relationships and negotiate financial terms with financial institutions.
- Collaborate with department heads to develop and monitor annual budgets.
- Monitor expenses, identify cost-saving opportunities, and ensure adherence to budgetary constraints.
- Provide guidance on cost allocation and expenditure approvals.
- Ensure compliance with tax regulations, including VAT and corporate taxes.
- Coordinate with external tax advisors for tax planning, reporting, and compliance.
- Oversee all financial regulatory reporting requirements and ensure timely submission.
- Lead the finance team, providing guidance, coaching, and mentoring.
- Foster a culture of continuous improvement and professional growth within the finance department.
- The ability to communicate clearly, both verbally and in writing, is crucial for a Financial Controller. This includes providing clear instructions, explaining complex financial matters to non-finance personnel, and facilitating effective team communication.
- Empower team members to take ownership of their work, make decisions, and contribute ideas. This fosters a sense of ownership and commitment within the team.
- How soon can you join?
- Group Financial Management: 5 years (Preferred)
- UAE Driving License (Preferred)
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Job Detail
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Job IdJD1602978
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDubai, United Arab Emirates
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EducationNot mentioned