Assistant Finance Manager

Ras Al Khaimah Packaging; Ras Al Khaimah; On-site; AED 360,000 - 480,000; Full time

Job summary

Ras Al Khaimah Packaging seeks an experienced Assistant Finance Manager to lead the finance and accounting functions. You will manage the overall F&A operations, budgets, forecasts, monthly/quarterly/annual reports, and ensure timely closings.

In addition, you will optimize cash flow, cost control, and financial analysis, while coordinating with auditors and cross-functional teams to improve profitability and implement ERP processes.

Qualifications

• Bachelor's degree in Finance, Accounting, Commerce or related field.
• Professional qualification such as CA, ACCA, CPA, CMA or equivalent preferred.
• Minimum 7-10 years of progressive experience in Finance & Accounting, preferably in manufacturing or industrial environment.
• Strong knowledge of UAE accounting, VAT, and financial regulations.
• Strong knowledge of financial reporting, budgeting, forecasting, costing, and financial analysis.
• Excellent leadership, analytical, communication, and problem-solving skills.

Responsibilities

• Manage the overall Finance & Accounting function.
• Prepare and monitor annual budgets, forecasts, and financial plans.
• Prepare monthly, quarterly, and annual financial reports.
• Ensure accurate and timely month-end and year-end closing.
• Manage cash flow, working capital, receivables, payables, and banking activities.
• Monitor company expenses, costs, and financial performance.
• Provide management with financial analysis and recommendations for business decisions.
• Establish and maintain strong internal financial controls.
• Coordinate with external auditors and manage the annual audit process.
• Lead and develop the Finance team.
• Support management in cost optimization and profitability improvement initiatives.
• Participate in ERP implementation, system improvements, and finance process automation.

Skills

Leadership

Analytical thinking

Communication

Problem solving

Education

Bachelor's degree in Finance/Accounting/Commerce

CA/ACCA/CPA/CMA or equivalent

Tools

SAP FI

ERP systems

Job description

We are looking for an experienced and highly motivated Assistant Finance Manager to join our team and lead the company's finance and accounting functions.

Key Responsibilities

• Manage the overall Finance & Accounting function.
• Prepare and monitor annual budgets, forecasts, and financial plans.
• Prepare monthly, quarterly, and annual financial reports.
• Ensure accurate and timely month-end and year-end closing.
• Manage cash flow, working capital, receivables, payables, and banking activities.
• Monitor company expenses, costs, and financial performance.
• Provide management with financial analysis and recommendations for business decisions.
• Ensure proper accounting of assets, liabilities, provisions, accruals, and depreciation.
• Ensure compliance with UAE tax, VAT, accounting standards, and applicable regulations.
• Coordinate with external auditors and manage the annual audit process.
• Establish and maintain strong internal financial controls.
• Monitor inventory valuation, costing, and manufacturing-related financial transactions.
• Work closely with HR, Operations, Procurement, Sales, and Management on financial matters.
• Review and approve financial transactions, payments, and accounting entries.
• Lead and develop the Finance team.
• Ensure accurate financial data and timely submission of management reports.
• Support management in cost optimization and profitability improvement initiatives.
• Participate in ERP implementation, system improvements, and finance process automation.

ERP / SAP Experience

ERP experience is preferred, particularly SAP. Experience with SAP Finance / FI and integration with other modules such as HCM, MM, and SD is an advantage. Experience in ERP-based financial reporting, budgeting, costing, month-end closing, and financial controls. Candidates with experience in SAP implementation, configuration, testing, or process improvement will have an added advantage.

Requirements

• Bachelor's degree in Finance, Accounting, Commerce, or a related field.
• Professional qualification such as CA, ACCA, CPA, CMA or equivalent is preferred.
• Minimum 7-10 years of progressive experience in Finance & Accounting, preferably within a manufacturing or industrial environment.
• Strong knowledge of UAE accounting, VAT, and financial regulations.
• Strong knowledge of financial reporting, budgeting, forecasting, costing, and financial analysis.
• Excellent leadership, analytical, communication, and problem-solving skills.