Finance Manager

Summary

The ideal candidate will have a strong background in financial management, excellent analytical skills, and a proven ability to lead a finance team. This role also involves collaborating with cross-functional teams to drive financial performance and support strategic business decision-making.

Key Responsibilities

• Financial Planning & Analysis:
• Develop, manage, and oversee the company's financial strategies in alignment with business objectives.
• Prepare comprehensive financial budgets and forecasts to support business plans.
• Conduct financial analysis to assess performance, identify trends, and provide actionable insights for decision-making.
• Provide senior management with timely financial reports, including budget vs. actual analysis, and identify key issues.
• Budgeting & Forecasting:
• Lead the annual budgeting process, ensuring accurate and thorough budget preparation across all departments.
• Monitor and report financial performance versus budget, offering recommendations for course correction as needed.
• Develop financial forecasts and models to support strategic decision-making and long-term planning.
• Taxation Management:
• Manage all aspects of corporate taxation, including VAT, corporate tax, and other relevant taxes.
• Ensure accurate and timely tax filings, compliance with UAE tax regulations, and proper documentation of all tax-related matters.
• Keep up-to-date with changes in tax laws and ensure the organization adheres to any new compliance requirements.
• Implement and monitor tax strategies to optimize tax liabilities.
• Financial Reporting:
• Prepare and review monthly, quarterly, and annual financial statements.
• Present detailed financial reports to senior management and other stakeholders, providing clear analysis and actionable insights.
• Oversee the production of financial reports that include balance sheets, income statements, and cash flow reports.
• Compliance & Audit:
• Ensure compliance with all financial regulations and reporting standards, including local laws and IFRS.
• Coordinate and manage external and internal audits, working with auditors to ensure timely completion and resolution of any findings.
• Implement and maintain robust internal controls and financial processes to mitigate risks.
• Cost Management & Optimization:
• Identify opportunities for cost savings, operational efficiency, and process improvements.
• Monitor company expenses and ensure alignment with the approved budget.
• Provide actionable insights on cost management and financial risk mitigation.
• Cash Flow & Treasury Management:
• Manage cash flow and ensure the company's liquidity is optimized for daily operations.
• Develop treasury strategies to manage working capital, cash forecasting, and investment opportunities.
• Oversee bank relationships, credit facilities, and financing activities as required.
• Team Leadership & Development:
• Lead, mentor, and manage the finance team, fostering a culture of continuous improvement, collaboration, and professional growth.
• Ensure the team is meeting performance objectives, and provide training and development opportunities to enhance their skills.
  
  

Qualifications

• Bachelor’s degree in finance, accounting, or a related field (Master’s or ACCA preferred).
• 5+ years of UAE experience in financial management, accounting, or related roles.
• Strong knowledge of financial regulations, tax laws, and compliance.
• Proficiency in accounting software (Microsoft GP will be an added advantage) and Microsoft Excel.
• Excellent communication and leadership skills.
• Strong analytical and problem-solving abilities.