About the job Senior Financial Controller

Company:

Our client is an advanced and professional regional distribution company (In the Tobacco industry) with a presence across the Middle East and Africa. The company offers an amazing culture and is driven by integrity, courage, and passion. They are currently on the lookout for an experienced and dynamic Supply Chain Coordinator to join the team in Dubai, UAE.

Job Title: \xef\xbb\xbf \xef\xbb\xbfSenior Financial Controller

\xef\xbb\xbf\xef\xbb\xbfReports to: \xef\xbb\xbfGroup Sr Finance Director

\xef\xbb\xbf\xef\xbb\xbfNumber of Staff Supervised: 2-3\xef\xbb\xbf

QUALIFICATIONS:

• Bachelors in Accounting or Finance
• Professional qualifications from a recognized body is a plus (CPA, ACCA, CMA, DipIFR)

EXPERIENCE:

Managing UAE financial activities. Providing guidance and presenting accountability for meeting the desired goals of financial management, financial reporting and financial control. Planning, managing and overseeing the activities, operations and resources, and providing support to the staff to enable the UAE branch of generating accurate and timely financial information.

Strategy

Develops the strategy for operating and financing activities of the finance and accounting department of the company, in line with the head office finance and accounting strategy to ensure vertical alignment. Establish horizontal integration with other interfacing departmental strategies across management

Budget

Champions the preparation of the UAE budget, recommends to management changes to the budget and liaise with the head office for approving the budget. Monitors financial performance versus the budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified, and potential areas of cost reduction or performance improvement opportunities are exploited.

Leadership

Manages the effective achievement of the departmental objectives through leading the team towards common goals.

Guides oneself and team members on setting individual objectives, and subsequently managing performance, putting development plans and motivating team members on achieving their potential. Provision of formal and informal feedback and appraisal in order to maximize subordinate and departmental performance.

Change Management

Oversees the management of change through continuous improvement of departmental systems, processes and practices taking into account international best practice, changes in international standards and changes in the business environment which demand proactive action plans.

Job Related Tasks / Duties and Responsibilities:

• (9) years of experience among which at least (2) years in a supervisory position\xef\xbb\xbf

• Develops and forecasts budgets for UAE in collaboration with business units and under direction of General Manager. Group MD and Group FD.

• Implements finance and accounting policies and procedures.

• Revises finance and accounting policies and procedures based on change in business transactions, standards update or feedback from auditors.

• Determines effect of potential business decisions on financial performance of UAE.

• Collaborates as company representative with business partners, such as banks, ERP providers, suppliers, auditors and other service providers.

• Coordinates with banks if needed to execute trade finance arrangements. Oversee that supporting documents for such transactions are complete and accurate.

• Cooperates with business units and support functions across company.

• Ensures prompt and accurate month-end and year-end close processes.

• Prepares timely financial statements.

• Reports variances and liaise with business units and support functions to analyze the variances and agree on corrective actions.

• Oversees accounting operations such as accounts payable, accounts receivable, revenue recognition, costs recognition, inventory and general ledger entries.
• Ensures compliance with company and statutory requirements. Stay up to date with possible developments in areas of VAT, excise tax, withholding tax and Zakat.

SKILLS:

• Microsoft office Excel and PowerPoint

• ERP solutions

• Administration Skills

• Business Understanding Skills

• Communication Skills

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