Divisional Finance Manager - Automotive

Binding Partnerships; Dubai; On-site; AED 230,000 - 320,000; Full time

Job summary

A regional holding company in Abu Dhabi is seeking a Divisional Finance Manager for its Automotive & Travel Divisions. The role involves high-level decision-making, implementing financial controls, and preparing budgets and financial reports. Ideal candidates will have over 5 years of experience and a Chartered Accountant qualification, preferably with a track record in the automotive sector.

Qualifications

• 5+ years of experience in finance management.
• Proven track record within the Automotive sector.
• Regional experience preferred.

Responsibilities

• Ensure all Group policies and procedures are implemented properly.
• Develop new policies and obtain necessary approvals.
• Implement financial controls across businesses.
• Serve as a key member of the senior management team.
• Prepare annual budgets and quarterly forecasts.
• Manage banking-related transactions within divisions.

Skills

Financial control and analysis

Leadership and management

Strategic planning

Budgeting and forecasting

Education

Chartered Accountant or similar qualification

Job description

POSITION: DIVISIONAL FINANCE MANAGER - AUTOMOTIVE & TRAVEL DIVISIONS

This is a unique opportunity to join a regional holding company which has ambitious expansion plans. This person will be involved in high level decision making on both operations and the long-term strategy of the group. This position will report directly into the Chief Financial Officer.

KEY RESPONSIBILITIES

• Ensure all Group policies and procedures are implemented properly, communicated to all staff, monitored regularly, adhered to in all instances and rolled out to new employees.
• Develop policies or procedures that are required but not yet developed, obtain necessary approvals, and implement them.
• Implement financial controls across businesses to prevent misuse of funds or assets and to improve cost control.
• Serve as a key member of the senior management team to develop operational and strategic business plans, forecasts and feasibility studies.
• Prepare revenue and debtors analysis, monthly management accounts and other reports daily, weekly and monthly.
• Prepare annual budgets per business unit with quarterly rolling forecasts.
• Prepare and present monthly Business Review Packs (BUR).
• Submit monthly Financial Manager’s reports summarizing P&L, variance analysis, balance sheet, cash flow, focus areas, control weaknesses and corrective actions.
• Manage banking related transactions within Automotive and Travel Divisions.
• Monitor daily cash flow and manage payables.
• Review and authorize monthly balance sheet reconciliations.
• Ensure financial statements are prepared in line with IFRS.

REQUIREMENTS

• 5+ years of experience
• Chartered Accountant or similar qualification
• Proven track record within the Automotive sector
• Regional experience is preferred

About The Company

Binding Partnerships is an exceptional provider of executive search and bespoke recruitment solutions. With offices located in Dubai and Abu Dhabi, we are perfectly positioned to service the growing needs of clients and candidates across the Middle East. By working in partnership with both our clients and candidates, listening to their needs, researching and then offering confidential, practical and informed advice and solutions we build long-term relationships with the professionals we work with.