Job Title:
Finance Manager
Position Type:
Full Time
Reporting To:
Chief Financial Officer
Objectives:
- Guide train and mentor the MIS team to ensure adherence to correct accounting policies and procedures.
- Ensure timely and accurate financial reporting and compliance with regulatory requirements.
- Manage and optimize the financial health of the organization through strategic budgeting forecasting and financial analysis.
- Maintain strong relationships with stakeholders including landlords auditors and internal departments.
Duties:
Financial Reporting and Compliance:
- Ensure accurate and timely closing of all legal entities Profit & Loss statements.
- Submit balance sheet schedules and monthly cash flow reports within given deadlines.
- Maintain clean balance sheet schedules and ensure zero intercompany variances at monthend.
- Submit bank reconciliations for approval at monthend.
- Apply necessary internal controls in financial processes and systems.
- Finalize and ensure adherence to Standard Operating Procedures (SOPs) for the finance department.
- Assist with any additional reporting requirements from management.
Leasing:
- Maintain and review leasing agreements ensuring accurate accounting for all landlord accounts and liabilities.
- Collaborate with Stacey to settle landlord dues promptly.
- Submit reconciliations for Statements of Account (SOA) to landlords.
- Build and maintain strong relationships with landlords.
Audit:
- Lead and assist in yearend audit closing.
- Facilitate and support any adhoc audit requirements.
- Submit Financial Statements (FS) to the appropriate government bodies such as DMCC ESR and FTA.
Budgeting Forecasting and FP&A:
- Carry out the annual budgeting process and a threemonth rolling forecast.
- Perform analysis of P&L balance sheet and cash flow to support informed decisionmaking by management.
- Provide adhoc financial analysis based on management and operations requirements.
Cost and Inventory Management:
- Lead train and guide the cost team in collaboration with Dilantha to maximize output.
- Submit reports on Cost of Sales (COS) and inventory.
- Lead and submit sponsorship reports.
- Implement and oversee necessary SOPs to support operations.
- Conduct analysis of highcost areas and identify gaps in inventory processes to bridge loopholes.
Fixed Assets:
- Maintain an accurate fixed assets register ensuring timely recognition of additions deletions and depreciation entries.
- Conduct fixed asset counts and recognize variances.
Tax Compliance:
- Possess strong knowledge of VAT filing and corporate tax rules to ensure compliance in reporting and processes.
- Assist in the implementation of corporate tax policies and ensure adherence by all team members.
Qualifications and Experience:
- Strong hospitality background with ACCA or Chartered Accountant qualification.
- Experience managing multiple properties from a cluster background.
- Indepth knowledge of IFRS overall accounting principles and hospitality accounting.
- Proficient in F&B costing and inventory management.
- Familiarity with top ERP systems with experience in implementation being an added benefit.
Skills:
- Excellent team management skills and the ability to conduct training where necessary.
- Strong experience in budgeting and forecasting with exceptional analytical skills.
- Effective problemsolving skills with a technologydriven mindset.
- Ability to identify core issues and develop solutions that benefit management operations and finance.
Remote Work :
No