Salary: AED 27,000 – 32,000 plus benefits
Overview
We are working alongside a major retailer in the UAE to source a Finance Manager for their group. The main purpose of the position is to participate in the development of the Finance strategy for the company, ensuring that the strategy is in line with the Group’s overall strategic direction.
Responsibilities
- Provide input on the company’s budget and control expenses of the function, ensuring it stays within its operating budget.
- Manage the timely preparation of the financial budget for the company in line with requirements, working in coordination with Group Corporate Finance.
- Ensure effective implementation and enforcement of the approved budget; monitor and report on budget variance and identify key issues and potential corrective action.
- Provide key financial information within established timelines to the Finance Director in areas such as operating results and budget versus actual, and report any issues with respect to planning and budgeting to the Finance Director.
- Ensure timely preparation and communication of periodic financial reports to Group Corporate Finance based on the guidelines defined.
- Manage financial reporting processes, monitor progress against budget and carry out periodic reviews, performance and valuation of assets and report findings to the Finance Director.
- Work with Group IT to ensure the overall accuracy, completeness, timeliness and usability of system generated financial data.
- Monitor the ongoing financial performance of the company and provide continued visibility to management.
- Monitor the day‑to‑day cash needs for the company and develop comprehensive treasury management strategies and cash reporting mechanisms (including daily and cash‑in‑transit reporting) to ensure adequate liquidity.
Qualifications
- Recognized professional qualification in Finance (CA, ACCA, CPA equivalent) with appropriately maintained Continuing Professional Development.
- Minimum 8 to 10 years’ experience, with at least 5 years’ experience in a Finance Manager or Budgeting and Reporting Manager role within the retail industry.
- Should have a good understanding of various accounting aspects, international trends and standards and be a commercially minded person.
- Should have good analytical, numerical and research skills.
- Able to communicate effectively and possess excellent negotiation and interpersonal skills.
- Should be able to lead, develop and motivate teams.