Finance Manager

Job Description:

Responsible for managing the financial health of the organization to promote success and growth while maintaining legal financial practices. Responsible for financial planning to determine how to pay off liabilities and grow the business, reviewing financial documents to ensure tax-compliance and collaboration with other departments to achieve monetary goals.

Key Responsibilities:

• Manage and oversee the daily operations of the finance department including accounts payable, accounts receivable, payroll, and billing processes.
• Develop and implement financial policies and procedures.
• Collaborate with department heads to optimize resource allocation.
• Evaluate financial risks and recommend strategies to mitigate them.
• Oversee cash flow management, including petty cash operations, ensuring optimal liquidity for operational efficiency.
• Prepare financial statements and reports, including monthly and annual accounts.
• Analyze financial statements, reports, operating metrics and data to identify trends, variances, opportunities and areas for improvement.
• Provide insights and recommendations based on financial analysis to support strategic decision-making.
• Co-ordinate and work closely with various departments, such as sales, marketing, and operations, to understand their financial needs and provide support and recommendations.
• Reconcile rental and miscellaneous receipts efficiently, ensuring accurate cash handling and banking.
• Providing Exceptional Professional services to our Clients and External Vendors for all Financial matters and regulations.
• Develop financial models and scenarios to support strategic decision-making and evaluate business performance.
• Lead the annual budgeting process and periodic forecasting to ensure alignment with business goals and objectives.
• Lead the quarterly VAT return filings, refunds, reconciliation, ensuring compliance with Federal Tax Authority regulations.
• Monitor budget vs. actual performance and make adjustments as necessary.
• Identify cost-saving opportunities and efficiency improvements within the organization.
• Ensure compliance with local regulatory requirements and standards.
• Ensure Compliance with KYC Laws and UAE labor laws, Federal laws.
• Coordinate and oversee audits and financial reviews.
• Support both external and internal audit preparations, ensuring accurate trial balances, ledger maintenance, and comprehensive journal entries with systematic filing.
• Generate and present comprehensive financial reports as and when required.
• Manage and maintain relationships with banking partners, including handling banking facilities such as loans, credit facilities, letters of guarantee, and other financial transactions.
• Oversee and coordinate all banking-related activities to ensure smooth financial operations.
• Demonstrate prior experience in a trading company or possess a strong understanding of trading business operations and financial requirements.

Qualifications:

• Masters or Bachelor's Degree in Finance, Accounts or related field preferably MBA.
• Recognized professional accounting qualification (e.g. ACCA, CPA, CMA, CA) is preferred.
• Experience: Minimum 8 years of experience as Finance Manager or similar role in financial planning and analysis preferably in the healthcare industry, UAE.

Skills:

• Candidates should have proficiency in Oracle NetSuite, along with advanced skills in Microsoft Excel.
• Strong command of accounting principles, financial regulations, and investment strategies.
• Attention to detail and the ability to work independently and as part of a team.
• Strong financial acumen with proven expertise in financial planning, analysis, and reporting.
• Proficiency in financial modeling and forecasting techniques.
• Strong leadership skills and experience in managing team
• Analytical, strategic, and results-oriented mind-set
• Excellent communication and interpersonal skills.
• Strong Time Management & Conflict Management skills.
• Proficiency in Arabic will be considered an added advantage.

What We Offer:

• Competitive salary and benefits package
• Opportunities for professional growth and development
• A collaborative and dynamic work environment