Reporting to the Managing Director.
Direct subordinates:
- Tax and Compliance Manager
- Finance Manager
- Accounts Manager
- Treasury
Team Size (Finance Function): 20-25 people
Key Responsibilities:
- Develop and execute financial strategies aligned with the Company's business objectives and growth plans.
- Oversee financial planning, budgeting, forecasting, treasury, accounting, taxation, audit, compliance, and financial reporting activities.
- Provide financial analysis, recommendations, and insights to support Board and management decision‑making.
- Monitor business performance through financial KPIs, dashboards, and variance analysis, and recommend corrective actions.
- Oversee cash flow management, working capital, inventory investment, and financing strategies to optimize financial performance.
- Evaluate investment opportunities, new fragrance brands, market expansion, and business initiatives through financial analysis and risk assessment.
- Establish and maintain financial policies, internal controls, governance frameworks, and risk management procedures.
- Ensure compliance with IFRS, UAE VAT, Corporate Tax, statutory requirements, and other applicable regulations.
- Review and approve financial statements, management reports, and financial performance reviews.
- Drive finance process improvements, ERP enhancements, automation, and reporting efficiency.
- Manage relationships with banks, auditors, financial institutions, regulators, and other key stakeholders.
- Develop cost optimization strategies while maintaining operational effectiveness and business growth.
- Act as a strategic financial advisor to the Board and Executive Management Team.
- Participate in corporate strategy development, business planning, and expansion initiatives.
- Lead, mentor, and develop the Finance Team to achieve operational excellence.
- Establish departmental objectives, KPIs, and performance standards.
- Promote a culture of accountability, integrity, collaboration, and continuous improvement.
- Collaborate with Operations, Sales, Procurement, and other departments to improve business performance.
- Support organizational transformation and growth initiatives through effective financial management.
- Represent the Company in financial negotiations and executive‑level discussions.
- Support the development of strategic business plans and long‑term financial objectives.
- Lead financial evaluation of expansion projects, new markets, strategic partnerships, and investment opportunities.
- Assess profitability of products, fragrance brands, distribution channels, and business segments.
- Develop strategies to improve margins, cash flow, inventory efficiency, and shareholder value.
- Evaluate financial risks related to international trading activities, foreign currency exposure, and market conditions.
- Recommend improvements to financial systems, reporting tools, and business intelligence capabilities.
- Ensure financial transparency and effective reporting to senior management and stakeholders.
Years of Experience: At least 15 years of combined working experience in finance and accounting, with at least 7 years in Senior Leadership role
Minimum Education/ Designation: Bachelor's Degree in Accounting/Finance
Designations: ACCA, CA, CPA or its equivalent
Secondary Designations/ Masters: MBA, CMA, CIMA or its equivalent
Skills
Local Compliance
- UAE Corporate Tax
- UAE VAT
- Tax Compliance
- KYC
ERP and Tools
Professional and Technical
- Financial Reporting, IFRS/IAS
- Financial Statements
- Management Accounting
- General Ledger
- Cash Flow and Working Capital
- Budget and Forecasting
- Internal Controls
- Audit
- Inventory Valuation and Landed Cost
- Import and Export Accounting
- Foreign Currency Transactions
- Financial Analysis
Managerial and People Management
- Financial Controller
- Finance Manager
- Accounts Manager
- Conflict Management
- Incident Response
- Persuasive Communication