Finance Manager

Key Responsibilities

1. Financial Management & Reporting

• Oversee daily financial and accounting operations.
• Prepare monthly, quarterly, and annual financial statements and management reports.
• Monitor financial performance, profitability, expenses, and cost control.
• Ensure accurate maintenance of financial records and timely closing of accounts.
• Provide financial analysis and recommendations to senior management.

2. Budgeting & Financial Planning

• Prepare annual budgets, financial forecasts, and business plans.
• Monitor actual expenditure against approved budgets.
• Identify opportunities for cost reduction and financial improvement.
• Support management in strategic planning and business expansion.

3. Cash Flow & Banking

• Manage company cash flow, working capital, and financial liquidity.
• Monitor accounts payable, accounts receivable, and outstanding collections.
• Maintain relationships with banks and financial institutions.
• Oversee banking transactions, reconciliations, and payment approvals.

4. UAE Taxation & Regulatory Compliance

• Ensure compliance with UAE Corporate Tax, VAT, and applicable Federal Tax Authority (FTA) regulations.
• Oversee tax return preparation, submissions, and related documentation.
• Ensure compliance with applicable UAE accounting, financial, and labour-related requirements.
• Coordinate with external auditors, tax consultants, and regulatory authorities.

5. Payroll & Financial Administration

• Supervise monthly payroll processing and salary payments through the UAE Wage Protection System (WPS), where applicable.
• Ensure accurate accounting of employee benefits, gratuity, leave salary, and other employment-related financial obligations.
• Monitor payroll expenses and employee-related financial provisions.
• Coordinate with HR and Operations departments on payroll and staffing costs.

6. Financial Controls & Audit

• Develop and implement effective financial policies, procedures, and internal controls.
• Coordinate annual financial audits and ensure timely completion.
• Identify financial risks and recommend appropriate control measures.
• Ensure compliance with company policies and approved financial procedures.

7. Commercial & Contract Management

• Review commercial proposals, service contracts, and pricing structures.
• Analyze project costs, manpower costs, profitability, and financial risks.
• Support management in contract negotiations and financial evaluations.
• Monitor client invoicing, payment collections, and contract-related financial obligations.

8. Team Management & ERP Systems

• Lead and supervise the Finance and Accounts team.
• Ensure effective utilization of accounting software and ERP systems.
• Oversee financial process improvements and automation.
• Coordinate with other departments to maintain accurate financial data.

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, Commerce, or a related field.
• Professional qualification such as CA, ACCA, CPA, CMA, or equivalent is preferred.
• Minimum 7–10 years of relevant finance and accounting experience, including at least 3-5 years in a managerial position.
• Strong working knowledge of UAE VAT, Corporate Tax, and applicable financial regulations.
• Experience in budgeting, financial reporting, cash flow management, and internal auditing.
• Proficiency in Microsoft Excel and accounting/ERP systems such as Odoo, SAP, Oracle, or equivalent.
• Previous UAE experience is strongly preferred.

Required Skills & Competencies

• Strong financial analysis and reporting skills.
• Excellent leadership and team management abilities.
• Strong knowledge of IFRS and accounting principles.
• Effective communication, negotiation, and problem-solving skills.
• High level of accuracy, integrity, and confidentiality.
• Ability to manage multiple priorities and meet deadlines.
• Strong business and commercial awareness.