Finance Manager

Emirates National Investment; United Arab Emirates; On-site; AED 240,000 - 300,000; Full time

Job summary

A leading company in the UAE is seeking a Finance Manager to oversee financial operations, reporting, and compliance. The ideal candidate will have extensive experience in finance, particularly in real estate, and will provide strategic financial insights to senior management. Responsibilities include managing financial reporting, banking relationships, and leading a finance team. Strong leadership and communication skills are essential for this role.

Qualifications

• Minimum of 10 years experience in a financial management role.
• Strong expertise in financial reporting and financial modelling.

Responsibilities

• Oversee preparation of financial reports and MIS.
• Manage banking relationships and coordinate loan applications.
• Lead finance operations team and mentor junior staff.

Skills

Financial Reporting

Financial Analysis

Leadership

Communication

Problem-Solving

Education

Professional finance qualification

Tools

Microsoft Excel

ERP systems

Job description

The Finance Manager will be responsible for overseeing and managing the day-to-day financial operations of the company, with a key focus on financial reporting, budgeting, financial analysis, compliance with VAT and Corporate Tax laws, and managing relationships with financial institutions.

The ideal candidate will possess in-depth knowledge of finance functions, relevant experience in the real estate development and management sector, and the ability to develop and present clear, strategic financial reports to senior management.

Key Responsibilities:

Financial Reporting & Management Information Systems (MIS):

• Oversee the preparation of monthly, quarterly, and annual financial reports, ensuring accuracy and adherence to established timelines.
• Lead the development of MIS reports to monitor performance metrics, cash flow, and overall financial health.
• Deliver insightful financial analysis and provide strategic recommendations to senior leadership.

Banking & Financial Relationships:

• Manage relationships with banks and other financial institutions to secure favourable terms and ensure funding availability for operations and future developments.
• Coordinate loan applications, renewals, and other banking-related matters.

Management & Leadership:

• Lead and manage the finance operations team, ensuring operational efficiency and the continuous improvement of financial processes.
• Mentor and develop junior finance staff, fostering a culture of collaboration, accountability, and continuous learning.
• Act as a financial adviser to senior management, supporting strategic planning and decision-making.

Financial Analysis & Modelling:

• Build financial models to forecast company performance under various scenarios and support long-term strategic planning.
• Analyse key financial ratios to evaluate the company's profitability, liquidity, and overall financial health.

Accounting Systems & Compliance:

• Ensure accurate and timely processing of all financial transactions, including accounts payable, accounts receivable, payroll, and general ledger entries.
• Maintain expertise in accounting applications and software relevant to the industry.
• Ensure compliance with financial regulations, standards, and internal company policies.

Industry-Specific Financial Management:

• Apply sector-specific experience in real estate development and management to support business decisions and project assessments.
• Provide financial analysis related to real estate investments, construction projects, and property management, ensuring profitability and effective risk management.

Presentations & Communication:

• Prepare and present detailed financial reports and presentations to senior management and key stakeholders.
• Clearly and concisely communicate complex financial data and insights in an actionable format.

Experience, Education, and Skills:

• Proficiency in English.
• Professional finance qualification from a recognised body (e.g. ICAEW, CA, CIMA, US CPA).
• Minimum of 10 years experience in a financial management role, preferably within the real estate development and management sector.
• Strong expertise in financial reporting, MIS, financial modelling, and analysis of financial ratios.
• Excellent knowledge of IFRS and sector-specific accounting practices.
• Proficient in ERP systems such as SAP, Oracle, JD Edwards, or Microsoft Dynamics.
• Advanced proficiency in Microsoft Excel, Visio, and PowerPoint.
• Skilled in automating Excel-based tasks using M Query, Office Scripts, or VBA.
• Advanced capabilities in data analytics.
• Thorough knowledge of escrow laws and regulations.
• Proven track record in managing banking relationships and leading financial negotiations.
• Strong leadership and team management skills.
• Advanced expertise in budgeting, forecasting, and financial reporting.
• Excellent communication, presentation, and interpersonal skills.
• Strategic thinker with effective problem-solving skills.
• High levels of integrity, reliability, and decision-making ability.
• Ability to perform under pressure and meet tight deadlines.