Finance Manager

DBMSC Steel FZCO; Dubai; On-site; AED 420,000 - 660,000; Full time

Job summary

DBMSC Steel FZCO is seeking a Finance Manager to lead the finance function for manufacturing operations in the UAE. You will partner with the CEO and Group CFO to drive strategy, profitability and performance across planning, costing, and controls.

You will direct budgeting, FP&A, cash flow, taxation, and internal controls, while delivering robust cost accounting and capital-expenditure reviews. A strong manufacturing finance background and C-suite partnering are essential.

Qualifications

• Bachelor-level finance/accounting degree or equivalent required.
• Professional qualifications such as CA, CMA, ACCA, CPA preferred.
• Minimum 15 years of progressive finance experience with manufacturing exposure.

Responsibilities

• Lead the complete finance function for manufacturing operations and act as the CFO partner.
• Oversee budgeting, FP&A, forecasting, and financial reporting with robust analyses.
• Manage working capital, cash flow, treasury, and cost controls for plant profitability.
• Establish strong internal controls, governance, audit, and compliance frameworks.
• Drive SAP finance transformation and process improvements across functions.
• Collaborate with CEO/CFO and senior stakeholders to support strategic initiatives.

Skills

Finance leadership

Business partnership

Budgeting & forecasting

Cost accounting

Cash flow management

ERP SAP Finance

Financial planning

Education

Bachelor's in Finance/Accounting

CA/CMA/ACCA/CPA or equivalent

Tools

SAP ERP

ERP systems

Excel

Job description

Purpose of Position

The Finance Manager will serve as the senior finance leader responsible for the overall financial management financial strategy governance and commercial performance of the manufacturing business in Kizad The position will act as a strategic finance partner to the CEO Group CFO and senior management providing financial leadership and insight to support business growth profitability operational efficiency and informed executive decision-making The role will have full oversight of financial planning and analysis budgeting and forecasting manufacturing and cost accounting working capital cash flow treasury financial reporting internal controls taxation audit compliance risk management and finance transformation A critical responsibility will be to develop robust manufacturing finance controls covering product costing standard costing inventory valuation production variances material consumption yield scrap overhead absorption CAPEX and plant profitability This is a senior leadership position and not a transactional accounting role The successful candidate must have substantial finance leadership experience within a large manufacturing industrial organisation and demonstrated experience working closely with C-suite leadership Owners and senior operational stakeholders.

Job Requirements

Finance Leadership Business Partnership

Lead the complete finance function for TTC manufacturing operations Act as the principal finance business partner to the CEO Group CFO and senior management team Provide strategic financial advice and commercial recommendations to senior leadership Translate financial data into actionable business insights to support operational and strategic decisionmaking Participate in senior management reviews covering business performance profitability investments expansion and strategic initiatives Challenge operational and commercial assumptions where necessary and ensure decisions aresupported by robust financial analysis Develop and strengthen the finance organisation ensuring appropriate capabilities succession andaccountability within the team

Financial Planning Budgeting Forecasting

Lead the annual budgeting and business-planning process Develop short- medium- and long-term financial forecasts Establish departmental and plant budgets in coordination with operational and functional heads Monitor actual performance against budget forecast and prior year Analyse significant variances and ensure corrective actions are identified with relevant business leaders Develop scenario modelling and sensitivity analysis to support management decisions Provide rolling forecasts for revenue EBITDA cash flow working capital and CAPEX

Manufacturing Finance Cost Control

This should be one of the most important areas of the position Own and continuously improve the Company s manufacturing costing framework Oversee standard costing actual costing and product profitability Analyse raw-material consumption production costs conversion costs labour costs overheadabsorption and manufacturing variances Monitor yield wastage scrap and production efficiencies from a financial perspective Establish accurate cost-per-unit product SKU reporting Partner closely with Production Planning Procurement Inventory Maintenance and Commercial teams to identify opportunities for cost optimisation Monitor steel raw-material price movements and their impact on margins and inventory valuation

Working Capital Cash Flow Management

Take ownership of working-capital optimisation across the manufacturing business Closely monitor inventory receivables payables and cash-conversion cycle Develop cash-flow forecasts and ensure adequate liquidity for business requirements Work with Sales Credit Control to improve collections and reduce overdue receivables Work with Procurement to optimise supplier payment terms Monitor inventory levels and identify slow-moving obsolete and excess inventory Establish and monitor working-capital KPIs

Treasury Banking

Oversee banking relationships and treasury requirements in coordination with Group Finance Manage cash positions facilities and utilisation Monitor financing costs and banking charges Support negotiations relating to banking facilities working-capital lines and other financingrequirements Ensure appropriate controls over payments bank accounts and authorised signatories

CAPEX Investment Evaluation

Establish financial controls around capital expenditure Review and challenge CAPEX proposals from manufacturing and operational departments Conduct ROI IRR NPV and payback analysis for significant investments Monitor approved CAPEX against budget Conduct post-investment reviews to assess whether expected financial benefits were achieved

Internal Controls Governance Risk

Establish and maintain a robust financial-control environment Ensure appropriate segregation of duties approval matrices and financial authorities Review financial and operational processes and identify control weaknesses Ensure compliance with Group policies and governance standards Identify financial commercial and operational risks and recommend appropriate mitigation Strengthen controls surrounding procurement inventory production sales payments and capitalexpenditure

Audit Tax Statutory Compliance

Lead and coordinate annual statutory and external audits Ensure timely resolution of audit observations Maintain readiness for internal and external audits Ensure compliance with applicable UAE Corporate Tax VAT and other statutory requirements Coordinate with auditors tax advisers banks and other external professional parties Ensure financial statements and records comply with applicable accounting standards and regulatoryrequirements

ERP SAP Finance Transformation

Drive effective utilisation of SAP ERP systems across the finance and manufacturing functions Ensure strong integration between Finance Procurement Inventory Production Sales and otheroperational modules Improve automation of management reporting and financial controls Lead finance-process improvements and digitalisation initiatives Ensure master-data and transaction integrity within the ERP environment

Education & Experience

Bachelor's Degree in Finance, Accounting, Commerce or a related discipline.Professional finance/accounting qualification such as CA, CMA, ACCA, CPA or equivalent – strongly preferred / ideally mandatory for this seniority.Minimum 15 years of progressive finance experience, with significant experience in senior finance leadership.Minimum 5 years in a senior finance leadership/Head of Finance/Financial Controller/Finance Director-type capacity within a substantial manufacturing or industrial organisation.Steel manufacturing experience is mandatory.Manufacturing industry experience is an absolute must.Strong hands-on experience in manufacturing costing and cost accounting is mandatory.Demonstrable experience partnering directly with CEO/CFO/Csuite executives and senior management.Strong experience in budgeting, forecasting, FP&A and management reporting.Advanced understanding of P&L, Balance Sheet, Cash Flow, EBITDA, working capital and profitability management.Strong experience in inventory valuation, standard costing, variance analysis and manufacturing controls.