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Head Of Finance - Dubai

Diwan Videos
Dubai, United Arab Emirates
Posted 3 years ago
742Applicants for1 open position
  • 1Viewed
  • 0In Consideration
  • 0Not Selected
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Job Details

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Job Description

We are searching for a Head of Finance to manage and supervise our finance and accounting department. The role includes heading the F&A function of the entity based in Dubai to which finance and accounting functions in Egypt and KSA report to. In addition to heading overseeing the day-to-day F&A functions,  the roles requires the incumbent to assess and strengthen the company’s internal controls and processes, help in automating the processes and transactions, coordinating with other functional heads, country-heads and the CEO so the performance of the business is assessed on a timely basis and reported, closing the standalone and consolidated books for statutory audit and liaise with the Company’s auditor’s for a smooth audit close-out and ensuring compliance with Value Added Taxes and other tax matters.

For this role you should have experience in developing budgets, performing financial analysis, handling external audits and managing accounting teams.

Responsibilities 

  • Oversee and supervise all accounting and finance functions within the company including the functioning of Egypt and KSA teams.
  • Supervise accounting and finance employees to facilitate day-to-day operations, including tracking financial data, invoicing, payroll, bank reconciliations, etc.
  • Monitor cash flow, accounts, bank and other financial transactions.
  • Prepare forecasts and comprehensive monthly and annual budgets that meet the requirements of company departments.
  • Prepare detailed reports on the company’s monthly and annual financial performance against set budgets.
  • Prepare and present financial analysis to the board of directors.
  • Ensure that the company's financial practices are in line with financial regulations and statutory regulations and legislation.
  • Update and implement financial policies and procedures in line with financial regulations.
  • Develop secure procedures to maintain confidential information.
  • Manage internal controls by recognizing patterns in company spending, revenue, etc, and recommend solutions to any problem areas.
  • Work closely with the HR department to secure suitable candidates for the finance and accounting department, when required
  • Establish targets and manage all accounting and finance employees
  • Establish and implement a training program for new accounting and finance employees
  • Guide the business, clients and suppliers on matters relating to UAE and KSA VAT
  • Ensure compliance on VAT matters – including reporting, reconciliations, payments and filing tax returns on a timely basis
  • Troubleshoot issues relating to accounting, taxation, payments and other matters as and when they arise

Job Requirements

Requirements

  • A minimum of 15 years of financial accounting and management experience. 
  • Out of this at least 5 years needs to be as head of F&A function or as finance controller or CFO
  • In-depth understanding of cash flow management, bank reconciliation and bookkeeping
  • Hands-on experience with corporate budgeting and risk management
  • Excellent knowledge of financial analysis
  • Proficiency in accounting principles and accounting software
  • Solid analytical and decision-making skills
  • Auditing experience (either as an auditor or working with external auditors)
  • Outstanding leadership skills.
  • Excellent communication and interpersonal abilities.
  • Strong analytical skills.
  • Computer literacy with advanced skills in Excel and PowerPoint.
  • Bachelor's Chartered Accountancy or CPA or equivalent Degree (or equivalent) in Accounting and/or Finance.

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