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Finance Controller

LIPTON Teas and Infusion...
Dubai, United Arab Emirates
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Finance Controller

Dubai, United Arab EmiratesPosted 23 days ago
23People have clicked1 open position

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Job description:The qualities we look forLipton Teas and Infusions is made up of a special blend of individuals which make our teams exciting and diverse. To be part of our tea family, whether for a short period or over the long term, we are looking for individuals who “think green” and are environmentally conscious, who understand the power of simplicity and who are accountable for their actions. We want those who infuse mastery and passion in everything they do to create great products and unforgettable experiences for our consumers. What's in it for you?We believe that growth is for everyone, we believe in growing leaders and making space to grow an owner’s mentality and like nature we adapt, we change, and we grow. We believe in connections over hierarchies. We have a 'corporate start-up' approach; we act with speed and agility, and we have the strength and scale of a large corporation. We are building a better world of wellbeing and a better you. Main responsibilitiesThe role reports to the Head of Finance Arabia and has the below key responsibilities Financial Reporting and AnalysisOversees the preparation of accurate monthly, quarterly, and annual statutory reports, guaranteeing their accuracy and compliance.Ensures financial reports are delivered on time and accurately to internal stakeholders and the senior management team, facilitating informed decision-making.Leads the financial operations, including but not limited to accounts payable and receivable, and payroll, to enhance the efficiency and effectiveness of financial processes.Responsible for the review and verification process for VAT returns, working closely with both internal teams and external VAT consultants, and assists in preparing corporate tax returns.Directs the planning and execution of new financial accounting system implementations, aiming to streamline operations and improve financial reporting.Conducts a thorough analysis of current internal controls, proposing and executing enhancements to bolster financial integrity and compliance. Strategic Budgeting and Financial PlanningFlexible Budgeting Approach: Lead a dynamic budgeting process that supports the business's adaptability, allowing for swift resource reallocation in response to changing market conditions.Integrated Financial Strategy: Collaborate with the executive team to develop a financial strategy that supports both immediate and long-term growth aspirations, ensuring financial sustainability. Efficient Cash Flow and Working Capital ManagementOptimized Cash Flow Management: Implement strategies to maximize cash flow, focusing on liquidity to fund operations and strategic ventures.Creative Working Capital Optimization: Develop innovative solutions for managing working capital, critical for maintaining the business's agility and operational effectiveness. Cost Control and Process EfficiencyBusiness-Specific Cost Management: Identify and enact cost-saving initiatives that align with the business's growth trajectory without compromising innovation or market responsiveness.Key Performance Indicators (KPIs): Establish and monitor KPIs that drive financial and operational improvements, enhancing the business's performance and scalability. Compliance, Risk Management, and Month-End ClosingRegulatory Compliance: Ensure the business remains compliant with financial regulations, adapting to the unique regulatory landscape of businessRisk Management Framework: Develop a risk management strategy tailored to the business's specific challenges and opportunities.Streamlined Month-End Closing Process: Oversee and refine the month-end closing process, ensuring it is efficient, accurate, and timely. This includes: Reconciliation: Perform detailed account reconciliations to verify the accuracy of financial data.Accruals and Adjustments: Identify necessary accruals and adjustments to reflect the financial position accurately.Review and Analysis: Conduct thorough reviews of financial statements for anomalies and perform analyses to understand the implications of the month's results.Reporting: Compile and distribute comprehensive financial reports, highlighting key financial metrics, trends, and insights critical for informed decision-making. Decision Support and Strategic AdvisoryInsightful Financial Guidance: Provide strategic financial advice to the Finance Head, leveraging financial data to guide critical business decisions.Strategic Partnership: Act as a trusted financial advisor, offering insights on investment opportunities, cost management, and revenue optimization strategies. Team Leadership and InnovationAgile Finance Team Leadership: Be a talent catalyst and coach to the finance team, embodying the business's innovative spirit and operational agility.Process Improvement Champion: Lead the charge in adopting financial technologies and methodologies that streamline processes, improve accuracy, and offer strategic insights. Stakeholder Communication Transparent Financial Communication: Effectively communicate financial strategies and performance to stakeholders, ensuring alignment with the business's strategic goals and operational realities. Desired Experience & Qualifications:A relevant university degree in Finance/Accounting with professional certification (CFA/CA/ ACCA/CPA/CMA)Minimum 8 -10 years’ experience in the consumer goods industry in a similar roleFactory experience is preferred.Strong understanding of accounting and controls - International Financial Reporting and Standard (IFRS) knowledge is mandatory.Strong financial and business acumenExcellent analytical skills with the ability to interpret complex financial data and provide meaningful insights. Who we are looking for:Strong proficiency in excel and presentation capabilities, underpinned by a solid business foundation.An entrepreneur at heart, with a passion for growth and making new things happen. A person who can bring the best hybrid of multiple skills and a true collaborator who can track and deliver results.Exhibits comprehensive management skills, with a keen ability to grasp overarching strategies while maintaining attentiveness to detailed operations.Analytical thinking and rigor, with the ability to use data to optimize business agenda.Demonstrates effective communication skills and thrives as a collaborative team member.Embraces agility, adapting swiftly to changing environments and challenges.Shows a commitment to personal mastery, continuously seeking self-improvement and knowledge enhancement.Exhibits a strong passion for achieving high performance, consistently striving for excellence.Acts as a catalyst for talent development, inspiring and facilitating the growth of team members.

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