Finance Manager

Shamal Holding; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in Dubai seeks a Finance Manager responsible for ensuring financial accuracy, conducting performance analysis, and overseeing budgeting processes. The ideal candidate will have a Bachelor's degree in Finance, along with 5 years of managerial experience. This role demands strong analytical and leadership skills to enhance efficiency and support business growth.

Qualifications

• Minimum of 5 years of experience in a managerial role.
• Experience in Marinas is an added advantage.
• Strong presentation abilities and understanding of accounting principles.

Responsibilities

• Deliver preliminary financial statements within 3 business days after month-end.
• Conduct regular performance analysis and provide insights to senior management.
• Train and lead a high-performing finance team.

Skills

Analytical skills

Communication skills

Leadership skills

Education

Bachelor's degree in Finance, Accounting, or related field

Job description

• Ensure costs are appropriately matched to operating revenues and recorded in the proper accounts per the approved budget guidelines.
• Preliminary financial statements are delivered to the General Manager within 3 business days of the month-end, and final statements within 5 business days.
• Monthly results commentaries for operating revenue and expenses are provided, with variance analysis and recommendations.
• A full management pack presentation, including all the KPI reports, is submitted to the General Manager within 8 business days of the month's end.

Forecasting / Budgeting:

• Review monthly forecasts with line managers and the general manager and provide commercial and operational input wherever necessary.
• Support the annual budgeting process in collaboration with department heads.

Performance Analysis:

• Conduct regular performance analysis, comparing actual results to budgeted figures and providing insights to senior management.
• Provide data analytics to the sales team, discuss monthly revenue management initiatives to achieve the target, and identify ongoing challenges for senior management.

Financial Systems and Processes:

• Oversee the implementation and optimization of Marina s financial systems or tools to enhance efficiency and accuracy.

Strategic Financial Planning:

• Monthly business review meeting with the line managers to critique current financial results and recommend financial strategies to support business growth and sustainability.
• Assist and support revenue strategies by applying data analytics to predict demand and adjust pricing.

Contract Management:

• Reviewing and ensuring compliance with the financial aspects of contracts and facilitating renewals.
• Ensure all goods and services received are aligned with the contractual obligation and scope of work.
• Identify and recommend cost reduction measures for the ongoing contracts.

Accounts Receivable Functions:

• Organizes, leads, and controls the credit function to reduce bad debt and collaborates with the Legal team for all the ongoing legal issues.

Stakeholder Management:

• Manage and interact with internal and external stakeholders, including senior management, to ensure the timely completion of financial tasks and projects, including the yearly financial statement audit.

Training and Development:

• Train and lead a high-performing finance team.
• Foster continuous learning and development opportunities for team members.

Responsibilities

P&L Accuracy / Timelines:

• Ensure costs are appropriately matched to operating revenues and recorded in the proper accounts per the approved budget guidelines.
• Preliminary financial statements are delivered to the General Manager within 3 business days of the month-end, and final statements within 5 business days.
• Monthly results commentaries for operating revenue and expenses are provided, with variance analysis and recommendations.
• A full management pack presentation, including all the KPI reports, is submitted to the General Manager within 8 business days of the month's end.

Forecasting / Budgeting:

• Review monthly forecasts with line managers and the general manager and provide commercial and operational input wherever necessary.
• Support the annual budgeting process in collaboration with department heads.

Performance Analysis:

• Conduct regular performance analysis, comparing actual results to budgeted figures and providing insights to senior management.
• Provide data analytics to the sales team, discuss monthly revenue management initiatives to achieve the target, and identify ongoing challenges for senior management.

Financial Systems and Processes:

• Oversee the implementation and optimization of Marina s financial systems or tools to enhance efficiency and accuracy.

Strategic Financial Planning:

• Monthly business review meeting with the line managers to critique current financial results and recommend financial strategies to support business growth and sustainability.
• Assist and support revenue strategies by applying data analytics to predict demand and adjust pricing.

Contract Management:

• Reviewing and ensuring compliance with the financial aspects of contracts and facilitating renewals.
• Ensure all goods and services received are aligned with the contractual obligation and scope of work.
• Identify and recommend cost reduction measures for the ongoing contracts.

Accounts Receivable Functions:

• Organizes, leads, and controls the credit function to reduce bad debt and collaborates with the Legal team for all the ongoing legal issues.

Stakeholder Management:

• Manage and interact with internal and external stakeholders, including senior management, to ensure the timely completion of financial tasks and projects, including the yearly financial statement audit.

Training and Development:

• Train and lead a high-performing finance team.
• Foster continuous learning and development opportunities for team members.

Qualifications

Preferred Educational Qualifications And Professional Certifications

• A bachelor s degree in Finance, Accounting, or a related field is generally required, along with 3-5 years of managerial experience and strong analytical and communication skill

Experience

• A minimum of 5 years of experience in a managerial role, such as financial analyst, accounting, or financial account management. Experience in Marinas is an added advantage.
• Leadership and supervisory skills, strong communication and presentation abilities, and a thorough understanding of general accounting principles and hospitality industry-specific knowledge are required.

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