Finance Business Partner Operations

Miral Experiences; United Arab Emirates; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled Accounts Receivable Manager to lead a dynamic team and drive operational efficiency. This pivotal role involves overseeing financial processes, ensuring compliance with VAT regulations, and optimizing cash management. The ideal candidate will possess a strong background in finance, excellent analytical skills, and a passion for developing talent within their team. Join a forward-thinking company committed to excellence in financial operations and make a significant impact on its success.

Qualifications

• Minimum of 2 years of senior managerial experience in a large/multi-site operation.
• Comprehensive understanding of accounting and corporate finance rules and regulations.

Responsibilities

• Manage the Accounts Receivable team and assist in Treasury and Tax Compliance.
• Ensure timely processing of all accounts receivable transactions.
• Assist in cash management processes and liquidity planning.

Skills

Team Management

Financial Process Optimization

Risk Management

VAT Compliance

Excellent Communication

Analytical Skills

Multi-tasking

Education

Bachelor's degree in Accounting/Finance

Tools

ERP Systems

Excel

Sriggle (Travel Management Software)

Job description

Job Description

Team Management

1. Manage the Accounts Receivable team and assist the Senior Director of Operations in Treasury and Tax Compliance.
2. Provide direction and mentorship to the Accounts Receivable team, ensuring high performance and alignment with company goals.
3. Develop talent within the team, focusing on leadership development, technical skills, and continuous improvement.

Operational Efficiency and Process Optimization

1. Assist in the implementation and optimization of financial processes to ensure timely and accurate financial transactions across all finance functions.
2. Assist in automation initiatives and leverage technology to improve efficiency and reduce manual work in finance operations, such as in payment processing, receivables management, and financial reporting.
3. Assist in developing, implementing, and maintaining policies and procedures to improve financial controls, mitigate risk, and enhance the overall efficiency of financial operations.
4. Assist in the implementation of Sriggle (Travel Management Software).
5. Assist in designing and implementing new systems and interfaces to ensure transactions are recorded correctly.

Accounts Receivable Oversight

1. Ensure timely and accurate processing of all accounts receivable transactions, monitoring performance metrics and aging reports.
2. Review customer balances and ensure they remain within agreed credit terms.
3. Manage debt insurance policy, compliance including credit limits, and outstanding balances.
4. Review all credit limits of customers and ensure the application of the policy.
5. Ensure all invoices sent are VAT compliant and recorded as per UAE tax law.
6. Review current products list, approve all new products to be created in the system, and attend all product meetings.

Cash and Treasury Management

1. Assist in cash management processes, including liquidity planning, cash flow forecasting, and treasury operations.
2. Ensure efficient management of working capital, including overseeing the collections process.
3. Ensure optimal management of the company's debt and investment portfolios.

Risk Management and Internal Controls

1. Assist in establishing and maintaining a strong internal control environment to safeguard the company's assets and ensure accuracy in financial reporting.
2. Assess and mitigate risks related to finance operations, including fraud prevention, credit risk, and currency fluctuations.
3. Monitor the financial health of customers, managing credit limits and exposure to ensure minimal financial risk.
4. Responsible for monitoring the risk framework for finance operation programs in coordination with the compliance department.

VAT and Tax Compliance

1. Ensure VAT is accounted for correctly.
2. Ensure customers' VAT invoices are compliant with UAE Tax law.
3. Assist in VAT compliance automation and monitoring of UAE Tax Law (for both VAT and Corporate Tax).
4. Support system enhancements and the preparation of system-generated reports.

Audit and Compliance

1. Support in year-end audit processing, including reviewing government grants, policies, and compliance with IFRS standards.
2. Ensure cash operations are compliant with all company policies.
3. Ensure all revenue-sharing agreements are implemented correctly.

Essential Qualifications

1. Bachelor's degree in accounting/finance or equivalent.
2. Minimum of 2 years of senior managerial experience in a large/multi-site operation.
3. Comprehensive understanding of accounting and corporate finance rules, regulations, and best practices.
4. Experience interacting collaboratively with other senior team members.
5. Knowledge of ERP systems, system interface, and integration.
6. Good Excel skills.
7. Excellent analytical skills.
8. Multi-tasking skills.
9. Excellent communication skills.