Job Overview
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Your role will play a critical part in strategic decision-making and operations related to budget management, cost-benefit analysis, forecasting needs, and securing new funding. You’ll be responsible for overseeing the company’s financial strength by administering accounting operations to meet legal requirements.
Candidates with a background in finance and experience in the F&B industry are preferred.
Duties & Responsibilities:
- Supervise the Finance Team to ensure they support the organization’s long-term goals effectively.
- Provide timely reports to the Head of Finance.
- Prepare financial reports, including balance sheets, income statements, and cash flow statements.
- Conduct detailed analyses to understand financial trends and forecast future performance.
- Manage cash flow, cash management, and working capital.
- Ensure the accuracy, completeness, and timeliness of financial transactions, including accounts payable, accounts receivable, general ledger entries, and payroll.
- Prepare budgets and monitor expenditures to ensure compliance with financial objectives, collaborating with executive management on strategic planning.
- Coordinate with auditors to conduct financial audits, ensuring compliance and accuracy in reporting.
- Ensure compliance with UAE laws (VAT, Corporate Laws), IFRS, and company policies.
- Monitor and manage the company’s cash flow to meet operational and financial obligations.
- Identify and manage business risks and insurance requirements.
- Optimize working capital management, including inventory, receivables, and payables, to support business growth.
- Develop and maintain accounting policies, procedures, and internal controls to ensure compliance.
- Oversee and manage employees in the department, providing direction, setting goals, and ensuring they have the necessary resources.
Requirements:
- Bachelor’s degree in finance, accounting, or a related field required. A master’s degree or professional qualification such as CFA/CPA preferred.
- Responsible for business registration, tax compliance, and managing tax datasheets.
- Over 7 to 8 years of experience handling intercompany transactions and reconciliation for audits.
- Experienced in creating budgets for departmental training and certifications.
- Proficient in ensuring financial application security and compliance with confidentiality policies.
- Knowledgeable in Microsoft Office Suite, Xero, Market Man, Microsoft Dynamics 365 Business Central, and other finance-related applications.
- Excellent communication skills, with a focus on accuracy and organization in a high-volume environment.
- Ability to support all departments within the company.
- Strong grasp of corporate finance, accounting principles, laws, and best practices.
- Proficiency in MS Office and financial management software.
- Analytical and strategic thinking abilities.
- Strong organizational and leadership skills.
We request that candidates send their CV as a Microsoft Word document where possible.
Quest Search and Selection is acting as an Employment Agency in relation to this vacancy.
