Finance Manager
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Job Location:
Monthly Salary:
Experience Required:
Posted on:
3 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Title: Finance Manager
Location: Jafza & Kezad
Department: Finance & Accounts
Industry: Manufacturing
Job Purpose:
To lead and manage the complete financial operations of a multi-entity manufacturing group including financial reporting compliance taxation treasury vendor and customer management inventory control audit and team leadership. The ideal candidate should be a Chartered Accountant with strong SAP experience well-versed in UAE tax regulations banking operations and trade finance.
Key Responsibilities:
1. Financial Reporting & Consolidation
- Prepare and finalize monthly quarterly and annual financial statements in accordance with IFRS.
- Oversee financial consolidation across multiple group entities.
- Deliver timely MIS reports profitability analysis and decision-support data.
- Lead the budgeting and forecasting process and analyze variances.
2. Taxation & Regulatory Compliance
- Ensure full compliance with UAE Corporate Tax and VAT requirements.
- Handle all aspects of tax planning filing reconciliations and assessments.
- Stay updated with changing tax laws and incorporate necessary policy changes.
3. Audit & Internal Controls
- Lead statutory audits internal audits and audit finalization across group companies.
- Develop and implement strong internal control procedures.
- Supervise and coordinate regular stock audits and reconciliations.
4. Inventory Valuation & Costing
- Oversee inventory valuation as per standard costing and accounting principles.
- Collaborate with production and store teams to maintain inventory accuracy.
- Monitor and analyze inventory and cost variances.
5. Accounts Payable & Receivable
- Supervise full AP & AR cycle including invoice verification processing payments and collections.
- Monitor ageing reports and take proactive steps to improve cash flow.
- Ensure timely reconciliation of vendor and customer accounts.
6. Vendor & Customer Management
- Maintain strong relationships with key vendors and customers.
- Negotiate payment terms resolve disputes and ensure timely settlements.
- Support cross-functional coordination with procurement and sales.
7. Banking & Treasury Management
- Oversee day-to-day banking operations including payments transfers and reconciliations.
- Manage cash flow forecasting liquidity planning and fund management.
- Handle intercompany funding and optimize treasury operations.
8. Trade Finance & Letter of Credit (LC) Management
- Manage end-to-end processing of Letters of Credit for import/export transactions.
9. Team Leadership & Group-Level Oversight
- Lead and mentor the finance team across different business units.
- Standardize processes and enforce financial discipline group-wide.
- Collaborate with internal departments for accurate financial coordination and reporting.
Required Qualifications & Experience:
- Qualification: Chartered Accountant (CA) mandatory
- Experience: Min 7 years of post-qualification experience in the manufacturing industry with exposure to multi-company operations
- ERP Experience: Hands-on experience with SAP is mandatory
Key Skills & Competencies:
- Expertise in SAP finance & inventory modules
- In-depth knowledge of UAE Corporate Tax VAT and IFRS
- Strong foundation in banking treasury and trade finance operations
- Proven experience in LC documentation and management
- Strong working knowledge of inventory stock audits AR/AP and costing
- Leadership analytical thinking and stakeholder management
- Excellent command of MS Excel
Preferred Attributes:
- Experience in managing intercompany transactions and group consolidation
- High level of accuracy accountability and professional ethics
- Adaptability to a fast-paced evolving manufacturing environment
Salary Range: AED 15000-18000
Key Skills
- Cognos
- Forecasting
- Hyperion
- Dealership Experience
- QuickBooks
- Accounting
- Corporate Finance
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Management
- Financial Planning
