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Finance Manager

Restore Talent
Dubai, United Arab Emirates
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Finance Manager

Dubai, United Arab EmiratesPosted 27 days ago
52People have clicked1 open position

Job Details

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Job Description

JOB DESCRIPTION:


  • The responsibilities of Head of Finance include managing financial tasks and ensuring that finances are used beneficially. Also ensure that investments and finances comply with regulations.
  • Demonstrate excellent leadership qualities and experience in modelling financial strategies.
  • Suitable candidates should maintain the finances of the organization effectively and increase profitability by aligning with various division heads.

KEY RESULTS/ACCOUNTABILITIES EXPECTED FROM THE ROLE:


  • Managing the financial reporting for the organization. This includes monthly financial reporting, budgeting, and forecasting, financial plans, and all statutory financial reporting.
  • Providing sound financial support and insights to enable the division head to make critical business decisions from time to time.
  • Presentation of financial results and insights to the Board.
  • Play a key role in the formulation of the business's strategy along with Managing Director.
  • Managing and overseeing the taxation affairs of the organization and liaising with the external tax firm for specialist advice.
  • Managing and overseeing the cash flow of the company and ensuring it has the appropriate treasury controls.
  • Managing the External Auditor relationship and ensuring the organization is compliant with accounting standards.
  • Managing and overseeing the company's banking and borrowing arrangements.
  • Managing Receivables collection promptly by maintaining controls of aging.
  • Recruitment, training, mentoring and development of staff.
  • Overseeing Accounts Payable, Accounts Receivable, Tax, Treasury, Payroll, Financial and Management Accounting functions.
  • Risk Management to ensure the business has a solid risk framework in place.
  • Overseeing commercial decision-making from tender analysis, margin analysis, pricing analysis etc.
  • Advising and implementing best practice methods to increase revenue and reduce costs.
  • Advising on market changes and providing strategic financial recommendations to the Division heads.
  • Managing and tracking budget and accounting information including billing, collections, and tax information.
  • Reviewing all formal finance, HR, and IT-related policies and procedures.
  • Collaborate with department heads to develop and monitor budgets as well as create accurate financial forecasts to guide decision-making.
  • Taking charge of financial planning, analysis, and group reporting.
  • Work closely with auditors to ensure compliance with accounting standards and internal control.
  • Responsible of balance sheet.

PREFERRED QUALIFICATIONS AND CHARACTERISTICS:


  • 5+ years' experience in a senior financial managerial position with a proven record of success.
  • Strong communication and presentation skills.
  • Ability to handle multiple divisions, preferably automotive industry.
  • Strong technical accounting knowledge, and ability to solve problems.
  • Business support mentality.
  • Sound decision-making skills based on accurate and timely analysis.
  • Results-oriented and metrics-driven.
  • Exceptional time management and ability to solve problems.
  • Exceptional interpersonal communication and leadership skills, with the ability to communicate and manage staff at all levels.
  • Ability to lead by example and demonstrate a strong sense of integrity, ethics, and dependability.
  • Professional written and oral communication skills.
  • Confident in presenting results to an audience.
  • Strategic thinking, planning, and creative problem-solving skills.
  • Ability to collaborate with upper management to organize, plan and achieve company financial goals.
  • Advanced computer software skills, including Excel and financial reporting software.
  • Bachelor's Degree in Accounting, Finance, or related field (MBA preferred).
  • Professional accounting qualifications such as CA or CPA.

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