Finance Manager Advertising & Media Signage Industry (september 2024)

Sharjah, United Arab Emirates

Job Description

Job Title: Finance Manager - Advertising & Media Signage IndustryLocation: Sharjah, UAEPosition Overview: We are seeking a highly skilled and experienced Finance Manager to join our team in Sharjah, UAE. The successful candidate will have a proven track record in the Advertising & Media Signage industry, demonstrating expertise in a broad range of financial functions. This role demands an individual with strong analytical skills, strategic insight, and the ability to drive financial performance across various aspects of the business.Key Responsibilities: * Finance and Accounting Function:
  • Oversee all finance and accounting operations to ensure accuracy and compliance.
  • Manage day-to-day financial transactions, reconciliations, and reporting.
  • Financial Planning & Control:
  • Develop and execute financial strategies and controls.
  • Prepare financial forecasts, budgets, and variance analyses to guide business decisions.
  • Financial Reporting & Modelling:
  • Generate and review financial reports, including P&L, balance sheets, and cash flow statements.
  • Build and maintain financial models to support strategic planning and decision-making.
  • Internal & External Audit:
  • Coordinate and manage internal and external audit processes.
  • Ensure timely and accurate responses to audit findings and recommendations.
  • Knowledge of IFRS:
  • Ensure compliance with International Financial Reporting Standards (IFRS) in all financial reporting and documentation.
  • Budgeting & Variance Analysis:
  • Lead the budgeting process, including preparation and monitoring.
  • Perform variance analysis to identify and address discrepancies.
  • Cost Control Strategies:
  • Develop and implement cost control measures to optimize financial performance.
  • Monitor and analyze cost trends and recommend corrective actions.
  • Treasury Management:
  • Manage cash flow, banking relationships, and investment strategies.
  • Oversee treasury functions to ensure liquidity and financial stability.
  • Due Diligence & Feasibility Studies:
  • Conduct due diligence for business development opportunities and strategic initiatives.
  • Perform feasibility studies to assess the viability of potential projects and investments.
  • Regulatory Compliance:
  • Ensure adherence to local and international regulatory requirements.
  • Manage compliance with VAT, corporate taxation, and Economic Substance Regulation reporting.
  • Stakeholder Interaction:
  • Liaise with key stakeholders, including subsidiaries, associates, and external partners.
  • Foster strong relationships and facilitate effective communication.
  • Management Reporting:
  • Prepare and present management reports on financial performance and business operations.
  • Provide insights and recommendations based on financial data.
  • Risk Management & Control:
  • Develop and implement risk management strategies to mitigate financial risks.
  • Monitor and control financial risks across the organization.
  • Corporate Governance:
  • Ensure compliance with corporate governance standards and practices.
  • Promote transparency and accountability in financial management.
  • Liaise with Subsidiaries & Associates:
  • Oversee intercompany reconciliations and ensure accurate consolidation of financials.
  • Coordinate financial activities and reporting with subsidiaries and associates.
  • Consolidation of Financials:
  • Manage the consolidation process for group-level financial statements.
  • Ensure accurate and timely consolidation of financial data.
  • Manage Insurance Portfolio at Group Level:
  • Oversee the groups insurance portfolio and ensure adequate coverage.
  • Manage insurance claims and liaise with insurance providers.
  • Reporting on Verticals/Divisional Performances:
  • Analyze and report on the performance of different verticals and divisions.
  • Provide insights to support performance improvement and strategic decisions.
  • Supervision of Procurement Process:
  • Supervise procurement activities to ensure cost efficiency and compliance.
  • Review and approve procurement-related financial transactions.
  • VAT, Corporate Taxation & Filing of Economic Substance Regulation Report:
  • Manage VAT compliance, corporate taxation, and filing requirements.
  • Prepare and submit the Economic Substance Regulation report.
  • ERP Implementation:
  • Lead ERP system implementation and upgrades.
  • Ensure effective integration and utilization of ERP systems.
  • Cross-Functional Team Coordination:
  • Coordinate with cross-functional teams to support financial objectives and initiatives.
  • Facilitate collaboration and communication across departments.
  • Project & Data Management:
  • Manage financial projects and ensure data accuracy and integrity.
  • Oversee project budgets, timelines, and deliverables.
  • Experience in Company Formations & Liquidations:
  • Handle processes related to company formations and liquidations.
  • Ensure compliance with legal and regulatory requirements during these processes.
Skills & Qualifications:
  • Education: Bachelors degree in Finance, Accounting, or a related field. Professional qualification (CPA, CA, CFA, CMA, ACCA, or equivalent) preferred.
  • Experience: Minimum 10 years of experience in finance and accounting within the Advertising & Media Signage industry. International accounting exposure is advantageous.
  • Knowledge: In-depth understanding of IFRS, financial planning, budgeting, variance analysis, and cost control strategies.
Skills:
  • Strong business acumen and strategic insight.
  • Excellent communication and interpersonal skills.
  • Proven leadership and team management abilities.
  • Effective problem-solving and crisis management skills.
  • Skilled in bank liaison, negotiations, and stakeholder management.
Technical Proficiency: Advanced knowledge of ERP systems and financial software. Proficiency in Excel and financial modeling.Other: Ability to manage multiple priorities and work effectively in a fast-paced environment.Application Process: Interested candidates should submit their CV and a cover letter outlining their relevant experience and qualifications. Please include any notable achievements in financial management and strategic initiatives.

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Job Detail

  • Job Id
    JD1734488
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Sharjah, United Arab Emirates
  • Education
    Not mentioned