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Finance Manager
Job summary
A leading financial services firm in the UAE is seeking an experienced finance professional to oversee financial reporting, compliance with regulations, and budgeting. The ideal candidate will have a Bachelor's degree in Finance or Accounting and 7–10 years of experience. Strong analytical and leadership skills are essential for fostering a performance-driven finance team.
Qualifications
- 7–10 years of progressive experience in finance and accounting, preferably in the UAE.
- Experience in supervising and mentoring junior staff.
- Strong analytical skills to evaluate financial data.
Responsibilities
- Prepare and analyze financial statements.
- Ensure compliance with GAAP and IFRS.
- Review and reconcile general ledger accounts.
- Assist in preparing annual budgets and forecasts.
- Monitor budget performance and recommend actions.
Skills
Education
Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements.
Ensure compliance with GAAP, IFRS, and applicable financial laws and regulations.
Review and reconcile general ledger accounts to ensure accuracy and integrity of financial data.
Assist in the preparation of annual budgets and periodic forecasts.
Monitor budget performance, analyze variances, and recommend corrective actions.
Identify opportunities for cost optimization and revenue growth.
Conduct, cost, and performance analyses to evaluate business results.
Provide actionable insights and recommendations to management to support strategic goals.
Implement and monitor robust internal control procedures to safeguard company assets.
Continuously review and improve financial systems, processes, and control mechanisms.
Coordinate annual external audits and address auditor queries promptly.
Ensure compliance with tax, VAT, and other statutory reporting requirements.
Submit all tax and VAT filings accurately and on time.
Conduct periodic internal audits to ensure compliance and data integrity.
Monitor and forecast cash flow to maintain optimal liquidity.
Prepare cash flow projections and identify potential shortfalls or surpluses.
Support management in effective financial planning and cash utilization.
Oversee all financial transactions including accounts payable, receivable, payroll, and tax payments.
Ensure timely and accurate recording of transactions within the accounting system.
Investigate and resolve discrepancies in financial records.
Supervise, train, and mentor junior accounting staff.
Collaborate with cross-functional teams such as Procurement, Sales, and Operations for accurate financial integration.
Foster a collaborative and performance-driven finance team environment.
Stay updated on financial regulations, tax laws, and industry best practices.
Ensure adherence to company policies, procedures, and ethical standards.
Take on additional responsibilities as required to support company objectives.
Bachelor’s degree in Finance, Accounting, or a related field (MBA preferred).
Professional certification such as CA, ACCA, CMA, or CPA required.
7–10 years of progressive experience in finance and accounting, preferably in the UAE.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.