Finance Manager

Dubai, DU, AE, United Arab Emirates

Job Description

Job Title: Finance Manager

Reporting to: General Manager

Work Location: Dubai

Experience: 5 - 6 years

Job Responsibilties:-

• Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions
• Oversee the operations of the finance department, including the design of an organizational structure adequate for achieving the department's goals and objectives
• Preparing and interpreting reports, accounts, commentaries and financial statements
• Managing the company's financial accounting, monitoring and reporting systems
• Oversee financial department employees, including financial assistants and accountants
• Providing and interpreting financial information
• Developing financial management mechanisms that minimize financial risk
• Researching and reporting on factors influencing business performance
• Conducting reviews and evaluations for cost-reduction opportunities
• Liaising with auditors to ensure annual monitoring is carried out
• Producing accurate financial reports to specific deadlines
• Manage the preparation of the company's budget
• Report to management on variances from the established budget, and the reasons for those variances
• Assist management in the formulation of its overall strategic direction
• Arranging new sources of finance for a company's debt facilities
• Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the land Revenue/Land Authority
• Oversee the extension of credit to customers
• Liaising with managerial staff and other colleagues.
• Formulating strategic and long-term business plans
• Understand and adhere to financial regulations and legislation and keeping abreast of changes in financial regulations and legislation
• Track the company's financial status and performance to identify areas for potential improvement
• Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making
• Review financial data and prepare monthly and annual reports
• Present financial reports to board members, stakeholders, executives, and clients in formal meetings and Create additional analyses and reports as requested by management
• Stay up to date with technological advances and accounting software to be used for financial purposes
• Developing and managing financial systems/models, and Establishing and maintaining documented system of financial policies and procedures for the company
• Undertaking research into pricing, competitors and factors affecting performance
• Controlling income, cash flow and expenditure
• Forecast cash flow positions, related borrowing needs, and available funds for investment
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows

Job Requirements:-

Experience:

• At least 5-6 years' proven experience in UAE in similar role in the same industry.
• Overall experience 7 years in UAE.

Educational Qualification:

Master's In Finance or Accounting

Professional Qualification will be preferred (CA, ACCA etc.)

Job Type: Full-time

Pay: AED8,000.00 - AED9,000.00 per month

Experience:

• Manager: 5 years (Preferred)

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Job Detail

  • Job Id
    JD1719743
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Contract
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, DU, AE, United Arab Emirates
  • Education
    Not mentioned