Finance Manager

Ajman, AJ, AE, United Arab Emirates

Job Description

Roles and Responsibilities

1\. Financial and Strategic Planning

• Develop long-term and short-term financial strategies to achieve corporate objectives.
• Prepare annual budgets and financial forecasts.
• Analyze financial risks and establish mitigation plans.

2\. Financial Operations Management

• Oversee cash flows and liquidity management.
• Establish financial policies and procedures to control expenses and manage costs.
• Ensure compliance with International Financial Reporting Standards (IFRS) and local financial regulations.

3\. Financial Control and Audit

• Review financial statements to ensure accuracy and transparency.
• Collaborate with internal and external auditors to maintain financial compliance.
• Develop internal control systems to prevent fraud and financial discrepancies.

4\. Investment and Financing Management

• Analyze potential investments and provide recommendations to senior management.
• Oversee financing activities, including loans and banking transactions.
• Negotiate with banks and financial institutions for loans and credit facilities.

5\. Tax and Regulatory Compliance

• Ensure adherence to local tax regulations (such as VAT and corporate taxation).
• Prepare tax reports and coordinate with regulatory and governmental authorities.
• Stay updated on legal and financial regulatory changes affecting business operations.

6\. Financial Team and Accounting Management

• Lead and guide accounting and financial teams to ensure operational efficiency.
• Provide training and professional development for finance team members.
• Enhance financial processes through digital transformation and financial technology adoption.

7\. Decision Support for Senior Management

• Deliver financial reports and analyses to assist in strategic decision-making.
• Advise on business expansion, growth opportunities, and new investments.
• Define and track key performance indicators (KPIs) to measure financial performance.

8\. Liaison with Regulatory and Banking Entities

• Manage relationships with banks, investors, and governmental bodies.
• Comply with the requirements of the UAE Central Bank and the Securities and Commodities Authority.
• Submit financial reports and disclosures as mandated by regulatory authorities

Qualifications and Required Skills

1\. Academic and Professional Qualifications

Educational Degrees:

• A bachelor's degree in accounting, finance, economics, or business administration .
• A Master of Business Administration (MBA) with a specialization in finance is preferred.

Work Experience:

• A minimum of 5-10 years of experience in accounting or finance, with leadership experience in a managerial role.
• Experience in the UAE.
• Strong knowledge of International Financial Reporting Standards (IFRS) and UAE financial regulations.

2\. Personal and Professional Skills

• Analytical and Decision-Making Skills
• Leadership and Team Management
• Communication and Negotiation Skills
• Knowledge of UAE Laws and Tax Regulations
• Solid understanding of local financial regulations, including Value-Added Tax (VAT) and corporate tax .
• Compliance with regulatory bodies such as the Securities and Commodities Authority (SCA) and the Central Bank of the UAE .

3\. Technical Skills and Accounting Software Proficiency

• Proficiency in financial and accounting software such as ZohoBooks .

4\. Accuracy and Attention to Detail

5\. Strategic Thinking and Financial Planning

Job Type: Full-time

Pay: AED4,000\.00 - AED6,000\.00 per month

Experience:

• team management: 2 years (Preferred)
• Finance Manager: 6 years (Preferred)

Language:

• English and Arabic (Preferred)

License/Certification:

• Driving license (Preferred)

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Job Detail

  • Job Id
    JD1806824
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    yearly 52951 67048
  • Employment Status
    Permanent
  • Job Location
    Ajman, AJ, AE, United Arab Emirates
  • Education
    Not mentioned