Job title: Finance Manager
Company: Sundus Recruitment Services
Job description: Job Purpose:The main responsibility of a Finance Director in Sundus would be revolving around overseeing the financial strategy, management, and compliance of the organization and providing strategic financial guidance, ensuring adherence to local regulations, and contributing to the overall success and sustainability of the organization. The person should have a solid understanding of financial principles, local regulatory requirements, and the ability to collaborate with cross-functional teams.Key Performance Areas:
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- Financial Strategy and Planning:
- Develop and implement the financial strategy aligned with the organization’s goals and objectives.
- Provide strategic financial advice to the executive team and contribute to decision-making.
- Financial Analysis and Decision Support:
- Conduct in-depth financial analysis, including cost analysis, profitability analysis, and scenario modeling.
- Prepare reports highlighting key financial metrics and trends.
- Provide strategic insights and recommendations to support business decisions.
- Audit and Compliance:
- Oversee internal and external audit processes, ensuring compliance with UAE financial regulations.
- Develop and maintain robust internal controls and policies.
- Assess the business’s future ventures to identify possible financial compliance risks.
- Stay informed about local financial regulations and ensure the organization’s adherence to UAE financial laws and guidelines.
- Revise procedures, reports etc. periodically to identify hidden risks or any non-conformity issues.
- Budgeting and Forecasting:
- Lead the annual budgeting process, working closely with department heads to set financial targets.
- Monitor budget performance and conduct variance analyses to provide insights.
- Tax Strategy and Compliance:
- Develop and implement tax strategies to optimize tax liabilities.
- Ensure compliance with UAE tax regulations and reporting requirements.
- Cashflow Management:
- Manage the organization’s cash flow to ensure liquidity for operational needs and strategic initiatives.
- Implement strategies for working capital optimization.
- Investment Management:
- Manage the organization’s investment portfolio, evaluating opportunities for growth and returns.
- Assess and mitigate financial risks associated with investments.
- Financial Systems and Technology:
- Evaluate, implement, and manage financial systems and technologies to enhance efficiency and accuracy.
- Contribute to system enhancements and improvements.
- Stay informed about advancements in financial technology.
- Team Management and Stakeholder Relations:
- Lead and mentor the finance team, fostering a culture of excellence, collaboration, and professional development.
- Ensure effective communication and coordination within the finance department.
- Engage with external stakeholders, including banks, regulators, and financial institutions.
- Represent the organization in financial matters with credibility and professionalism.
Knowledge, Skills, and Experience:
- Knowledge:
- Bachelor’s degree or equivalent in Finance or a closely related field. Relevant professional qualifications, such as ACCA, CMA, or CA preferred with Strong knowledge of accounting principles, procedures along with several years of experience in finance and accounting roles, with a progression of responsibilities and a proven track record in leadership positions.
- Required Skills:
- Excellent man management and communication skills.
- In-depth knowledge of UAE financial regulations, tax laws, and compliance standards.
- Strong financial analysis, strategic planning, and decision-making skills.
- Proficiency in financial software, ERP systems, and financial modelling tools.
- Great at Organizing, prioritising, and multitasking skills.
- Attention to details with ability to solve problems.
- Ability to work effectively in a multicultural environment.
- Experience:
- Minimum 15+ years of experience in large, organized, multi-cultural and system-oriented organisation with hands on experience of shaping the financial strategy, ensuring compliance, and providing leadership for the finance function of the organisation. Should have experience in implementing and effectively developing finance operations best practices and contributing significantly to the organization’s financial success and sustainability.
Note:Statements in this Role Profile are intended to reflect the duties and responsibilities of the position in general and could vary based on job requirements.
Expected salary: 10000 – 25000 per month
Location: Abu Dhabi
Job date: Fri, 01 Nov 2024 05:03:50 GMT
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