Finance Controller / Finance Officer

ALI OMRAN AL OWAIS INVESTMENTS CO LLC; United Arab Emirates; On-site; AED 240,000 - 420,000; Full time

Job summary

ALI OMRAN AL OWAIS INVESTMENTS CO LLC in the United Arab Emirates seeks an experienced finance leader to manage cash flow, forecast needs, and plan for foreign currency requirements. The role includes alerting senior management to cash flow deficiencies and acting as a liaison with external auditors.

You will drive improvements in reporting, monitor internal controls, mentor staff, and ensure compliance with external reporting requirements while supporting the board with accurate financial

Responsibilities

• Manage cash flow
• Forecast cash flow needs
• Plan for foreign currency needs in advance
• Alert upper management for cash flow deficiencies
• Act as audit liaison
• Meeting with external audit staff
• Be receptive to audit findings
• Implement reporting changes
• Communicate to upper management or the board of directors the outcomes of the audit
• Monitor internal controls
• Gather feedback from audit personnel
• Work with managers on designing proper control processes
• Gather data on the effectiveness of the internal control
• Approve invoices
• Act as a control for large purchases
• Assist in budget preparation
• Distributing internal data and information on historical spending
• Minimize financial risk
• Monitoring current processes
• Understanding company weaknesses
• Engaging employees with training
• Openly communicating areas of opportunity to better safeguard assets
• Ensure financial compliance
• Understanding external reporting requirements
• Ensuring proper resources are on hand to meet those requirements
• Overseeing the final product being delivered to external parties
• Compile financial reporting
• Keeping updated on recent changes to financial reporting practices
• Overseeing a staff that directly contributes to the financial statement preparation process
• Sometimes certifying that the financial statements have been accurately prepared
• Identify cost savings
• Understanding where operational efficiencies lie
• How staff can be best utilized
• What reporting functions are being duplicated
• What resources the finance department really needs
• Mentor financial staff
• Involving director reports in higher-level discussions

Job description

• Manage cash flow
• This includes forecasting cash flow needs
• planning for foreign currency needs in advance
• and alerting upper management for cash flow deficiencies
• Act as audit liaison
• Meeting with external audit staff
• being receptive to audit findings
• implementing reporting changes
• and communicating to upper management or the board of directors the outcomes of the audit
• Monitor internal controls
• Gathering feedback from audit personnel
• working with managers on designing proper control processes
• and gathering data on the effectiveness of the internal control
• Approve invoices
• Acting as a control for large purchases
• Assist in budget preparation
• Distributing internal data and information on historical spending
• Minimize financial risk
• Monitoring current processes
• understanding company weaknesses
• engaging employees with training
• and openly communicating areas of opportunity to better safeguard assets
• Ensure financial compliance
• Understanding external reporting requirements
• ensuring proper resources are on hand to meet those requirements
• and overseeing the final product being delivered to external parties
• Compile financial reporting
• Keeping updated on recent changes to financial reporting practices
• overseeing a staff that directly contributes to the financial statement preparation process
• and sometimes certifying that the financial statements have been accurately prepared
• Identify cost savings
• Understanding where operational efficiencies lie
• how staff can be best utilized
• what reporting functions are being duplicated
• and what resources the finance department really needs
• Mentor financial staff
• Involving director reports in higher-level discussions