Finance Manager

Ultiwise Consult; Dubai; On-site; AED 167,000 - 201,000; Full time

Job summary

Ultiwise Consult in Dubai seeks a Finance Manager to lead financial operations for a multi-entity manufacturing group, ensuring IFRS reporting, tax compliance, treasury, and internal controls. The candidate should be a Chartered Accountant with SAP experience and UAE tax knowledge.

The role requires strong leadership in banking, LC management, costing, and group-wide coordination across subsidiaries to optimize financial performance.

Qualifications

• Chartered Accountant (CA) is mandatory.
• Minimum 7 years post-qualification experience in manufacturing.
• Hands-on SAP experience is mandatory.

Responsibilities

• Prepare and finalize IFRS financial statements for multi-entity group.
• Oversee consolidation and MIS reporting with budgeting/variance analysis.
• Ensure UAE VAT and Corporate Tax compliance and planning.

Skills

Leadership

Financial analysis

IFRS knowledge

Banking & treasury

Education

Chartered Accountant (CA)

Tools

SAP

Job description

Job Title: Finance Manager

Location: Jafza & Kezad
Department: Finance & Accounts
Industry: Manufacturing

Job Purpose:

To lead and manage the complete financial operations of a multi-entity manufacturing group including financial reporting compliance taxation treasury vendor and customer management inventory control audit and team leadership. The ideal candidate should be a Chartered Accountant with strong SAP experience well-versed in UAE tax regulations banking operations and trade finance.

Key Responsibilities:

1. Financial Reporting & Consolidation

• Prepare and finalize monthly quarterly and annual financial statements in accordance with IFRS.
• Oversee financial consolidation across multiple group entities.
• Deliver timely MIS reports profitability analysis and decision-support data.
• Lead the budgeting and forecasting process and analyze variances.

2. Taxation & Regulatory Compliance

• Ensure full compliance with UAE Corporate Tax and VAT requirements.
• Handle all aspects of tax planning filing reconciliations and assessments.
• Stay updated with changing tax laws and incorporate necessary policy changes.

3. Audit & Internal Controls

• Lead statutory audits internal audits and audit finalization across group companies.
• Develop and implement strong internal control procedures.
• Supervise and coordinate regular stock audits and reconciliations.

4. Inventory Valuation & Costing

• Oversee inventory valuation as per standard costing and accounting principles.
• Collaborate with production and store teams to maintain inventory accuracy.
• Monitor and analyze inventory and cost variances.

5. Accounts Payable & Receivable

• Supervise full AP & AR cycle including invoice verification processing payments and collections.
• Monitor ageing reports and take proactive steps to improve cash flow.
• Ensure timely reconciliation of vendor and customer accounts.

6. Vendor & Customer Management

• Maintain strong relationships with key vendors and customers.
• Negotiate payment terms resolve disputes and ensure timely settlements.
• Support cross-functional coordination with procurement and sales.

7. Banking & Treasury Management

• Oversee day-to-day banking operations including payments transfers and reconciliations.
• Manage cash flow forecasting liquidity planning and fund management.
• Handle intercompany funding and optimize treasury operations.

8. Trade Finance & Letter of Credit (LC) Management

• Manage end-to-end processing of Letters of Credit for import/export transactions.

9. Team Leadership & Group-Level Oversight

• Lead and mentor the finance team across different business units.
• Standardize processes and enforce financial discipline group-wide.
• Collaborate with internal departments for accurate financial coordination and reporting.

Required Qualifications & Experience:

• Qualification: Chartered Accountant (CA) mandatory
• Experience: Min 7 years of post-qualification experience in the manufacturing industry with exposure to multi-company operations
• ERP Experience: Hands-on experience with SAP is mandatory

Key Skills & Competencies:

• Expertise in SAP finance & inventory modules
• In-depth knowledge of UAE Corporate Tax VAT and IFRS
• Strong foundation in banking treasury and trade finance operations
• Proven experience in LC documentation and management
• Strong working knowledge of inventory stock audits AR/AP and costing
• Leadership analytical thinking and stakeholder management
• Excellent command of MS Excel

Preferred Attributes:

• Experience in managing intercompany transactions and group consolidation
• High level of accuracy accountability and professional ethics
• Adaptability to a fast-paced evolving manufacturing environment

Salary Range: AED 15000-18000